Latest news and trends about tech

Singapore FinTech Zipmex raises $6M to grow its digital assets exchange in Asia Pacific

The company plans to grow the team and work on its current product offerings and set up new offerings to further diversify. This will include working on ZipUp, Zipmex’s interest-bearing product, and ZMT, its new native token.

Singapore sets new rules for payment service companies that support crypto

On the first working day of 2021, Singapore’s Parliament approved a bill to impose stricter oversight on virtual payment service providers that support DPTs or cryptocurrencies

Grab, GrabPay, digital payments, payments, mobile payments, phone payments, QR code, cashless, cashless payments

Singapore’s Grab Holdings boosts its FinTech unit with a $300M funding round

This is the first time for Grab’s FinTech arm to secure money from new investors. The new investment in Grab Financial Group is substantial, but Grab Holdings Inc. continues to own the majority stake in the subsidiary.

Remote work arrangements and tech companies

How technology companies are pioneering the remote work revolution

For tech-based companies, the concept of remote working has been in existence for a long time. It is quite common for staff to work remotely or from home due to the nature of their job role.

Opening the 2021 Cohort of Saison Capital VC Scout Program – April 2021

We are especially looking for unusual profiles and messy CVs — profiles that HR finds hard to place. Our Scouts include YC founders, ex-partners of VC funds, country managers of SEA tech unicorns, etc.

Malaysia’s TIME dotCom acquires controlling stake in AVM Cloud in a major cloud computing push

TIME dotCom shelled out over $14.5 million to purchase a 60 percent controlling stake in the company.

Philippines mobile wallet GCash secures $175 million investment amid rising demand for digital payments

GCash has reportedly facilitated over $20.78 billion (PhP1 trillion) in in-app transactions in 2020 and grew its customer based to 33 million, amid increased demand for online payments and money transfer transactions during the COVID-19 pandemic

Indonesian genotech firm Nusantics secures funding for new Covid-19 test kit tech

Nusantics is planning to use the fund to continue expanding its research and development in the field of genomes of different microorganisms. Aside from microbiome analysis, Nusantics also plans to delve into research and production geared towards medical diagnostic kits, specifically Covid-19.  

Poema Global, SPAC that focuses on high-growth tech companies in Asia, secures $300M in US IPO

The news about Poema Global’s relatively massive IPO comes at a time when SPACs  are gaining popularity as an option for private companies in Asia to tap on public investments.