Latest news and trends about tech
Startup accelerator F10 to incubate early-stage blockchain startups in Singapore with Klaytn Foundation
F10 will partner with Klaytn Foundation to launch an Incubation Program in Singapore. The program will support early-stage startups built on Klaytn, a blockchain platform developed by internet giant Kakao Corp. The 3-month program kicks off in April 2022 and will enable entrepreneurs to develop ideas or minimal viable products (MVPs) into scalable…
Singapore cross-border payment firm Thunes kicks off expansion into Greater China
Thunes plans to significantly accelerate the expansion of its operations in Greater China, spanning mainland China, Hong Kong, Taiwan, and Macau. This news follows the recent appointment of Daphne Huang, Senior Vice President (SVP) for Greater China, who will leverage her deep market expertise to spearhead Thunes' growth strategy.
Australian fintech startup Airwallex launches global payment services in Singapore
Airwallex announced Thursday its official launch in Singapore, following its grant of a Major Payment Institution (MPI) license by the Monetary Authority of Singapore and a beta launch in November last year. Singapore businesses can now benefit from Airwallex’s suite of global payments services including global account issuance, domestic and cross-border…
International start-ups to compete in $600,000 Rocket Fuel Start-up Pitch Competition at LEAP22
Start-ups from around the world are being invited to go head-to-head to win a share of a $600,000 prize fund at the Rocket Fuel Start-up Pitch Competition, and to pitch their businesses to powerhouse venture capitals (VCs) and leading international investors.
Thai proptech startup PropertyScout raises total funding to $2.5M in oversubscribed pre-Series A round
PropertyScout, has reached $2.5 million in total funding after successfully closing its Pre-Series A round. Hustle Fund led the round, while a number of well-known prop tech investors, included industry veterans such as Simon Baker, Marc Stilke, Brian Ma, as well as AngelCentral also joined the round.
Indonesian renewable energy startup Xurya receives $21.5M Series A funding led by East Ventures and Saratoga
PT Xurya Daya Indonesia (Xurya) has raised series A funding of $21.5 million. This series A funding round was led by a venture capital firm, East Ventures (Growth fund), and PT Saratoga Investama Sedaya Tbk. (Saratoga) with the returning participation of existing investors Schneider Electric and New Energy Nexus Indonesia.
Southeast Asia neobank Crowdo closes $5.9M pre-Series B convertible bridge round from Gobi, Ivest
The funds will be used to expand Crowdo’s neobank platform in Singapore and Indonesia and scale its ESG financing portfolio. Crowdo is headquartered in Singapore but fully licensed by the Indonesian financial authority Otoritas Jasa Keuangan for digital lending in since 2017. The fintech is also registered with the Securities Commission Malaysia.
For LionsBot, human-centered AI ensures that tech can make the most impact where it matters [ORIGIN Innovation Awards Q&A]
Innovation should always focus on improving the welfare of communities and seek to resolve the challenges they face in their day-to-day life. New technology should have the goal of improving a society’s quality of life.
Fintech startup Paywatch raises $5.23M in seed funding round led by Third Prime and others
Paywatch has raised MYR21.9 million ($5.23 million) in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong. SparkLabs, Won & Partners and CTK Investments also participated in this round. Operating in South Korea, Malaysia and Hong Kong, the company plans to use the fresh funds to…
Data centers borne out of COVID: A closer look at skills, land scarcity, and energy usage
Ultimately, reducing the impact on the environment dramatically is fundamental for a sustainable future and the onus lies on data center operators to keep energy levels in check even as they scale up operations.
