Latest news and trends about tech
Bukalapak’s first quarter revenue up 37 percent q-o-q on growth in gaming and retail segments
PT Bukalapak.com Tbk, an Indonesian e-commerce company, announced Wednesday that its overall revenue grew 37 percent quarter-on-quarter to IDR 1.5 trillion ($89.74 million) in the first quarter of 2025 from IDR 1.1 trillion in the fourth quarter of 2024, driven by continued momentum across gaming and retail segments.
Cocoon Capital announces first close of $50M Fund III to accelerate Southeast Asia’s enterprise and deep tech startups
Cocoon Capital, a Singapore-based early-stage venture capital firms, has announced the first close of its third fund, Cocoon Capital Fund III, securing $30 million in commitments towards a target of $50 million.
MIDA, FMM, Bintang Capital launch fund to strengthen Malaysia’s semiconductor ecosystem
The Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners (Bintang Capital) have teamed up to launch innovative fund to strengthen Malaysia's semiconductor ecosystem and drive sustainable growth.
Risk rewired: Are we teaching AI the wrong things about uncertainty?
Unless we rethink our approach to uncertainty, we won’t just automate today’s blind spots. We’ll institutionalize them. Instead of building AI that is adaptive, predictive, and resilient, we’ll train it to mirror our limitations.
Finance has a new ally: AI that catches what humans miss
The financial world moves fast. Errors move faster. And regulators are paying attention. AI isn’t just a competitive edge anymore, it has become a necessity. For finance teams, it's time to stop playing catch-up and start getting ahead of the curve with AI as their ally.
Singapore’s Thunes raises $150M in Series D funding led by Apis Partners and Vitruvian Partners
Thunes, the Singapore-based payment firm, has announced the successful raise of its $150 million Series D funding led by global private equity firms Apis Partners and Vitruvian Partners.
Pencil Finance announces $10M for student loan financing backed by Animoca Brands & Open Campus
Pencil Finance is a decentralized lending protocol designed to bring student loan financing on-chain, transforming how student debt is serviced. It connects global investors with trusted student loan originators through tokenized loan bundles
Gobi-backed SkyeChip joins Intel Foundry Accelerator IP Alliance
This strategic collaboration enables SkyeChip to support Intel Foundry customers by delivering high-quality IP optimised for Intel Foundry’s advanced process technologies.
Grab raises full year earnings forecast after achieving another quarter of record revenue
Grab Holdings Ltd announced Wednesday it is raising the company's full year adjusted earnings before interest, taxes, depreciation, and amortization (EBIDA) after the Singapore-headquartered company achieved another quarter of record revenue.
Financial Inclusion in Asia Projected to Reach 80% by 2030 – analysts
The financial inclusion in Asia is projected to reach 80 percent by 2030, analysts at digital financial solutions provider UnaFinancial said Wednesday.
