Latest news and trends about tech
Crypto wealth platform Vauld raises $25M in Series A round led by Peter Thiel’s Valar Ventures
The funding will be used to support the company’s international growth and licensing as well as expand its retail crypto banking and investing platform.
Consumers are spending with overseas retailers more now than ever
2020 was the year of the pandemic, and undoubtedly, the year of e-commerce. With the mobility restrictions, people were spending more time at home and turning to the Internet to meet more of their daily needs. The result of this massive digital adoption was the exponential growth of the Southeast Asia e-commerce market.
Airwallex founders launch new venture capital fund Capital 49, aims to raise $200M
Capital 49 will look for opportunities to invest in companies within Airwallex’s ecosystem, across a number of industries including e-commerce, SaaS, digital and technology, business services and enablers, and FinTech.
Malaysia’s iStore iSend bags investment from Japan’s logistics giant Yamato Holdings
The fund will be used for iStore iSend’s talent acquisition and improving its proprietary system to help the company in its plan for cross border expansion.
Where are we headed in this brave new world? Here’s a look into BCE (Before COVID Era) and CE (COVID Era)
The control on the physical and digital world that you get from your home is unprecedented and as Paul Chaney wrote in Digital Handshake, we are seeing a melding of electronic and face-to-face interactions, which is now accelerated by COVID-19.
Malaysia Competition Commission closely monitors food delivery platforms after public outcry on exorbitant commission fees
The development also came after local media highlighted last month that some restaurants has urged customers to bypass food delivery platforms and order food directly from their outlets instead of delivery services which take a big cut.
Temasek-backed payments firm Nium raises $200M in Series D funding, now a unicorn
The new funding will enable it to rapidly expand its technical platform and add new embedded fintech services.
AIA Malaysia buys minority stake in Ant-backed e-wallet operator TNG Digital
AIA will offer Touch ‘n Go eWallet customers a seamless, convenient and frictionless experience, making it easy to buy, claim and renew policies.
