Latest news and trends about tech

Malaysia’s Cradle Fund’s outgoing CEO Rafiza Ghazali to lead KAF-led digital Islamic bank

Rafiza will initially be joining KAF Investment Bank as part of the digital bank project team pending the incorporation process of the digital bank entity, KAF Investment Bank said.

Singapore metaverse UGC platform BUD raises $36.8M Series B led by Sequoia Capital India

BUD, a Singapore-based metaverse user-generated platform, announces Monday its $36.8 million Series B round led by Sequoia Capital India with participation from ClearVue Partners, NetEase and Northern Light Venture Capital. Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the round.

Singapore’s ADDX raises $58M; Stock Exchange of Thailand, UOB join as shareholders

Singapore-based private market exchange ADDX said Tuesday it has raised $58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders. The new shareholders include SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane (NASDAQ: HLNE) and Krungsri Finnovate, the…

Singapore’s SwipeRx secures $27M Series B funding to accelerate growth across Southeast Asia

SwipeRx (formerly mClinica Pharmacy Solutions), a Singapore-based platform for pharmacies, announced Monday it has secured a Series B round of $27 million in equity and debt to accelerate growth across southeast asia (SEA). The round was led by Indonesia's MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson…

Maria Health partners with Deel to provide affordable health coverage to Philippine remote workers

Maria Health, the largest online health insurance marketplace in the Philippines, has partnered with Deel to provide access to affordable health insurance for companies hiring remote workers in the country.

Choco Up partners with Shoplazza to transform the financing landscape for DTC e-commerce merchants

Choco Up, a global technology and financial services platform offering revenue-based financing and growth solutions for digital merchants and startups, today announced its partnership with Shoplazza, a global e-commerce Software as a Service (SaaS) platform. Together, their collaboration will provide quick and accessible business growth funding for…

Grab Financial Group launches new brand GrabFin

Grab Financial Group (GFG), a Singapore-based fintech platform, announced Monday that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. Following its launch in Singapore and Malaysia, the GrabFin brand will be progressively rolled out in other Southeast Asian markets in the coming months.

To track or not to track: The marketer’s dilemma

Without browser tracking tools, marketers will struggle to see which channels, creative material, and messaging contributed to each conversion. If visibility is diminished, how can marketers know where to invest and optimize?

Singapore’s NextBillion.ai raises $21M Series B funding led by Mirae Asset Venture Investments

NextBillion.ai, a Singapore-based spatial data and mapping platform for enterprises, said Monday it has raised a $21 million series B led by Mirae Asset Venture Investments. Existing investors Lightspeed, M12 (Microsoft's Venture Fund) and Alphawave also participated in the round, bringing the total funding since inception in2020 to $34 million.

Enhancing security in a trustless ecosystem: Can biometrics be the solution?

Considering how important financial services are in Web2, it’s no surprise that this area will be equally, if not more, critical for Web3. However, to realize a mature Web3 ecosystem, DeFi must first and foremost address major challenges in security.