Latest news and trends about tech
Xapo Bank becomes fully licensed bank to enable USDC deposits and withdrawals
Xapo Bank, a bitcoin custodian and licensed private bank based in Gibraltar, has collaborated with Circle, a global financial technology company helping money move at internet speed, to become the first licensed bank in the world to integrate USDC payment rails as an alternative to SWIFT.
Malaysia’s private equity and venture capital funding up 8.43 pct to $3.64B in 2022
Malaysia's private equity (PE) and venture capital (VC) funding rose 8.43 percent to MYR16.08 billion ($3.64 billion) in 2022 from MYR14.83 billion ($3.35 billion) a year ago, according to the Securities Commission Malaysia (SC)’s Annual Report 2022 released on Monday.
GDS, TNB sign supplemental agreement for powering data center campus in Malaysia
China-based data centers developer and operator GDS has signed a supplemental agreement with Malaysia-based utility firm Tenaga Nasional Berhad (TNB) for powering data center campus in Malaysia.
Vinfast expects to ship V8 electric SUVs to North America in early April
Vietnamese car maker Vinfast expects to export the VF 8 electric sport utility vehicles (SUVs) standard edition models to the United States and Canadian markets in April 2023.
Aussie startup Cauldron secures $7M to scale precision fermentation tech
Cauldron, the Australian company for precision fermentation facilities, has raised AUD$10.5 million ($6.98 million) from local and global investors to expand its existing pilot plant, and build a national production network and a world-beating team of precision fermentation experts.
Advisonomics partners Kakitangan.com to provide financial planning app in Malaysia
Malaysia-based financial planning firm Advisonomics has joined hands with cloud payroll and human resource software provider Kakitangan.com to work together in making the CashKu digital financial planning app accessible to more people.
SVB’s unexpected collapse: The intersection of risk management and communication
SVB’s failures should be a case study for tech entrepreneurs and VCs around the world that companies need to look beyond marketing's upside and start to realize the value of reputation risk management and managing the downsides present in all communications.
Staying ahead of the curve in AI innovation: A conversation with CUE Group Southeast Asia’s Managing Director Daniel Posavac [Q&A]
Posavac discusses how AI technology can help discover outliers and missing values in big data and gives examples of how video AI technology can be customized to address different pain points for businesses or organizations beyond security and surveillance.
Mystifly closes $8M in Pre Series B funding to expand operations in Singapore
Singapore-based travel technology company Mystifly, announced Friday it has closed $8 million in Pre Series B funding.The funding was from Cornerstone Venture Partners (CSVP), along with earlier investments from RSI Fund I. LLC, a subsidiary of Recruit Co. Ltd., Jenfi and Crusade Partners.
Vemanti partners Finastra to build SME-focused neobank in Southeast Asia
United States-based fintech firm Vemanti Group has chosen United Kingdom-based financial software company Finastra to help build Southeast Asia’s first small and medium-sized enterprise-focused neobank.
