Latest news and trends about tech

How technology is transforming stock exchanges

For public stock exchanges, the biggest barriers to change are legacy systems and processes. Moving from the legacy system to a blockchain-powered one would require a bold decision to dismantle and write off large parts of the existing machinery.

Singapore-based Forge Ventures hits first close of maiden fund at $21.9M

Forge Ventures said it will build a concentrated portfolio of just 15 companies over the next three years with a focus on Singapore and Indonesia.

Victor Chua of Vynn Capital on investment opportunities, finding fundable teams, and unicorn startups [Podcast Q&A]

Victor Chua is a founding and managing partner of Vynn Capital, a Southeast Asia-based VC firm with a core focus on value creation for institutional investors as well as founders of innovative startups through strategic investments into early-stage technology-driven startups.

Ant-backed Ascend Money hits $1.5B valuation with $150M new funding, becomes Thailand’s first tech unicorn

The funds will be used to grow the user base of its e-wallet application - TrueMoney Wallet - and to expand digital financial services, including digital lending, digital investment, and cross-border remittances across Southeast Asia.

Malaysia & Singapore to link real-time payment systems in Q4 2022

The first phase of the DuitNow-PayNow linkage will be launched in the fourth quarter of 2022 and will allow customers of participating financial institutions to make real-time fund transfers between Malaysia and Singapore using just a mobile number.

Startup Studio Indonesia announces 15 startups for Batch 3

Startup Studio Indonesia has selected 15 early-stage startups - out of a total of 5,723 registrants - to take part in Startup Studio Indonesia's third batch of incubation training.

Ninja Van bags $578M in Series E, ropes in Alibaba as investor

The funds will be allocated towards infrastructure and technology systems that will support a sustainable long-term cost structure, as well as the quality and consistency of Ninja Van’s operations.

Telehealth and online pharmacies are leading the growth in the healthcare industry, says Doctor Anywhere’s Lim Wai Mun [Q&A]

In this interview with Lim Wai Mun, Founder and Chief Executive Officer of Doctor Anywhere, we learn how digital solutions are changing the habits of Southeast Asians when it comes to health. Whereas previously we only sought medical attention when we encounter major health issues, the availability of digital solutions has become an empowering tool for us…

How business analytics enable innovative companies to scale and grow faster

Many organizations rely on business analysts that help them to expand operations and warn about any fractured policy that top-level management could implement. In any company, the role of a business analyst is considered to be one of the most pivotal as it helps to evaluate the risks, opportunities, market trends, and polity. The deep insights offered by…

Indonesia social commerce platform KitaBeli bags Series A extension from Meesho founders, Kopi Kenanga Capital & others

The additional funds will be utilized for KitaBeli’s expansion into more cities, as well as build out a wider stock-keeping unit mix.