Latest news and trends about tech

IoT made simple: 3 big IoT questions answered

IoT bears the potential to improve our lives and make the world a safer place. But what stands behind this technology? Here, I’ll lead you through IoT, how it works, what benefits it offers, and the challenges you need to bear in mind.

Indonesia fleet management firm TransTRACK.ID raises $552K Seed round from Cocoon Capital, IWEF

TransTRACK.ID will use the funds to scale product development and expand its network of partners across Indonesia to dominate the market.

Bank Negara Malaysia working with ‘relevant authorities’ to address concerns over BNPL

It is important for individuals to understand the terms and conditions of the BNPL schemes, and to not take debt that they cannot afford, the regulator warned.

Singapore-based Funding Societies raises $18M in debt, on track to raise $120M

It is on track to raise $120 million in institutional debt for funding the growth needs of MSMEs in Southeast Asia.

Sequoia-backed Incomlend launches $60M invoice financing program for ESG-focused SMEs

Incomlend connects SMEs globally with communities of investors, enabling them to finance individual invoices on an exchange platform. Since 2016, Incomlend has financed over $500 million in trades across 50 countries.

Legendary Ventures’ Jayson Kim on investing in SpaceX, transformative tech, and corporate innovation [Podcast Q&A]

There have been lots of winners and losers from the pandemic. Initially, service sectors such as retail, real estate, hospitality, and travel took the initial blows. But I think it’s interesting the hardest hit industries are now at the forefront of innovation given they were facing existential events.

Atome partners Softbank-backed travel tech firm Klook to expand BNPL services

The partnership will start in Singapore before rolling out to Hong Kong, Malaysia, and the Philippines in the coming months.

UOB, SGX-backed ADDX collaborate on $36.8M sustainability-linked digital bond

UOB was appointed as a joint lead manager for the S$675-million ($496.56 million) sustainability-linked bond issued by Sembcorp, through its wholly-owned subsidiary Sembcorp Financial Services. The bank partnered with ADDX to custodise and manage a S$50-million ($36.78 million) portion of the bond.

My experience navigating the startup ecosystem in Southeast Asia amid the pandemic

While we are still in the midst of a long-drawn pandemic, I believe startups are still presented with advantages in this season as COVID has kicked off the acceleration of the digital economy, mostly arising from the shift in consumer habits from offline to online.