Latest news and trends about tech

Malaysia’s gig employment portal MakeTimePay secures “significant” funding from entrepreneur Simon Landsheer

MakeTimePay has secured an undisclosed funding from Dutch serial-entrepreneur and early stage start-up investor Simon Landsheer. The new funding will be used to grow the company's team, expand its platform capabilities and make investments in customer acquisition.

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Airwallex secures payment license in Singapore, set to launch payment services in Singapore next year

Airwallex, a global fintech platform, announced Monday that its Singapore entity Airwallex (Singapore) Pte Ltd, has been granted a Major Payment Institution License by the Monetary Authority of Singapore (MAS) under the Payment Services Act.

Mastercard partners with Asian digital currency firms to launch first Crypto-linked payment cards in Asia Pacific

Mastercard has partnered with three Asia Pacific (APAC) cryptocurrency service providers Amber Group (Hong Kong), Bitkub (Thailand) and CoinJar (Australia) to launch crypto-funded Mastercard payment cards. Consumers and businesses in the APAC region will be able to apply for crypto-linked Mastercard credit, debit or pre-paid cards that will enable them to…

Singapore’s PE fund ABC World Asia exits solar energy firm Sunseap Group with EDP Renewables deal

ABC World Asia (ABC World), the Singapore-based Asia-focused private equity impact fund, is set to make its first exit as part of a transaction between shareholders of portfolio company Sunseap Group and global renewables energy producer EDP Renewables (EDPR).

Indonesia’s Eden Farm closes $19M Series A financing from AppWorks and AC Ventures to scale-up its food ecosystem

By the end of 2022, Eden Farm plans to expand to 25 cities and 8 regencies, supplying more than 100,000 customers with 100 percent fulfillment rate of more than 1,000 stock keeping units (SKUs), to finance and generate demand.

Aqua-Spark invests in sustainable aquaculture that generates returns while creating positive social & environmental impact [Podcast Q&A]

Aqua-Spark is a global investment fund (Utrecht, the Netherlands) that makes investments in sustainable aquaculture businesses that generate investment returns while creating positive social and environmental impact. The fund invests in enterprises that are working towards the production of safe, accessible aquatic life, such as fish, shellfish, and plants,…

ScaleUp Malaysia announces its Top 20 Companies for its 3rd Cohort

The companies selected hail from a diverse group of industries and verticals such as Edutech, Fintech, Media, Manufacturing, Cyber Security, FoodTech, and e-commerce.

Vietnam’s Loship eyes opportunities in ‘quick commerce’ as it strives for NYSE listing by 2024

In the interview, Nguyen also shared his views on competition, Loship’s competitive advantages, the firm's planned timeline to profitability, and the latest progress of its US listing plan.

Achieving the next-generation crypto exchange for the masses through DeFi platforms

The metaverse is expected to see the rise of a multitude of digital and online platforms and services. One specific sub-sector here that merits attention is that of Decentralized Exchanges (DEX). While digital currency exchanges have experienced setbacks over the years, they continue to grow and gain more users.

MyCloudFulfillment raises $7.4M Series B from JWD Group & SCB 10X to support warehouse & service improvement & regional expansion

The funding will be mainly used on improving warehouse and service capability, expanding the management and software development team, and expanding its service to neighboring countries.