Latest news and trends about tech

Indonesia’s GoTo to complete $2B funding round, eyes IPO in 2022 – report

The delay comes as Indonesia's Financial Services Authority (OJK) considers new listing guidelines for tech companies to offer dual-class shares that confer different voting rights.

3 Ways cryptocurrency is innovating finance in the APAC region

Cryptocurrency is one of the most innovative ideas of the 21st Century. It is not only disrupting the financial system. More importantly, it has created new ecosystems not only in the finance sector but in many other markets that are now pursuing more innovations in response to the increasing use of crypto and blockchain.

Philippines to stop accepting digital bank applications for 3 years, caps licenses to 7

The Monetary Board decided to close the window for the submission of applications from new digital banks, including converting banks, starting August​ 31, 2021. This is in line with the overall thrust of maintaining a stable and competitive environment for banks.

The talent arbitrage basis for tech valuations

VC investments (and their associated valuations) can be seen to be a broad index on talent--not necessarily an endorsement of specific business models. Spotting founders who understand the power of leveraging capital and talent arbitrage will create outsized returns in traditional and emerging markets.

Malaysia home finishing product marketplace HOMA2U bags $567K funding

HOMA's plans to expand to 10 more new locations by 2022.

Why it’s time to sustain the telehealth momentum gained during COVID-19

Instead of replacing traditional healthcare delivery, experts believe COVID-19 has boosted telehealth’s importance as an option in healthcare. Now that patients have experienced the convenience of going online for first-time visits instead of spending hours waiting at the clinic, they are likely to turn to it as an option after the pandemic as well. The…

Southeast Asia market opportunities uncovered

Now is a better time than ever to be investing in Indonesia's digital ecosystem and help back the next generation of entrepreneurs building disruptive businesses. In the next ten years, we'll see over half of the top 20 largest market cap businesses on the IDX being digital-first businesses.

AirAsia’s logistics arm Teleport to acquire food delivery platform Delivereat for $9.8M

The deal values Teleport at $300 million and welcomes investors, including Kuala Lumpur and Shanghai-based venture capital firm Gobi Partners onboard.

AirAsia partners with InsurTech startup PolicyStreet to provide digital car insurance service

The digital car insurance service includes insurance and road tax renewal and allows car owners to make price comparisons of various insurance providers.

Does Axiata-RHB consortium have what it takes to win a digital bank license in Malaysia? [Q&A]

In an interview, Boost CEO Sheyantha Abeykoon told TechNode Global the competitive edge Axiata-RHB consortium have against other contenders and how will it position the digital bank should the consortium were granted a digital banking license.