Singapore-based SME digital financing platform Funding Societies gets financial backing from Samsung
Funding Societies, an SME crowdfunding and alternative investment platform based in Singapore, became a recipient of an undisclosed amount of funding support from Samsung Venture Investment Corporation (SVIC), the venture capital arm of Samsung Group.
The FinTech startup intends to use the newly secured funds for the expansion of its tech team across Southeast Asia. Funding Societies seeks to…
Building a fintech empire, Indonesia’s Ajaib adds stock-trading
Over a year after winning funding from SoftBank Ventures, Indonesia’s wealth-management app Ajaib is making another big move by this week expanding from just mutual funds to offering stock-trading and ETF-trading.
It’s part of the startup’s ambition to build a fintech empire in the mold of Robinhood, which is valued at $8 billion.
In order to expand, Ajaib has acquired a decades-old…
Gojek escalates cashless payments battle with startup acquisition
After eight months of rumors, ride-hailing giant Gojek just revealed it has acquired Moka, an Indonesian startup that makes internet-connected payment systems for stores and restaurants.
Gojek, Indonesia’s top-valued startup at $10 billion, confirmed the deal in a filing with Indonesia’s Business Competition Supervisory Commission, reported local media.
The acquisition proves the…
Emeritus Named to 2024 HolonIQ Southeast Asia EdTech 50
SINGAPORE, June 24, 2025 /PRNewswire/ -- Emeritus, the global leader in making high quality education accessible and affordable to individuals, companies, and governments around the world, has been recognized as one of the most promising EdTech startups in Southeast Asia, by the prestigious 2024 HolonIQ Southeast Asia EdTech 50.
The HolonIQ Southeast Asia EdTech 50 is an annual list that…
DeepL launches Clarify, introducing groundbreaking interactivity for superior business translations
"Clarify" brings next-level personalization to DeepL's Language AI platform, addressinggrowing demand among its 200k+ business customers
NEW YORK, March 5, 2025 /PRNewswire/ -- DeepL, a leading global Language AI company, today announced the launch of Clarify, a groundbreaking feature bringing interactivity to AI translations, powered by its next-generation LLM. Clarify transforms the user…
Bridge Alliance accelerates API market development in Asia Pacific
Leveraging operator relationships with enterprise customers to offer them API services
Partnering with multiple channels to meet specific solution needs of enterprise verticals like fintech, e-commerce
SINGAPORE and BARCELONA, Spain, Feb. 28, 2025 /PRNewswire/ -- Bridge Alliance, the alliance of leading global mobile operators has taken big strides forward in accelerating market development of…
Bridge Alliance accelerates API market development in Asia Pacific
Leveraging operator relationships with enterprise customers to offer them API services
Partnering with multiple channels to meet specific solution needs of enterprise verticals like fintech, e-commerce
SINGAPORE and BARCELONA, Spain, Feb. 27, 2025 /PRNewswire/ -- Bridge Alliance, the alliance of leading global mobile operators has taken big strides forward in accelerating market development of…
[Year in review] Southeast Asia’s Top 10 tech news in 2024
It’s time again to look back at what happened in the tech industry in 2024.
Some may hail the year 2024 as a “funding winter” for tech startups in Southeast Asia.
Southeast Asia faced a challenging year in 2024, marked by a significant contraction in funding, amid a weak global economy. According to Tracxn's report, the region's tech ecosystem experienced a steep decline in financial…
Cohesity Becomes World’s Largest Data Protection Software Provider After Completing Combination with Veritas’ Enterprise Data Protection Business
Cohesity Becomes #1 in Data Protection Software Market Share, Serving more than 12,000 Enterprise Customers, With Hundreds of Exabytes of the World's Data Under Protection
Cohesity Offers One of the Broadest and Deepest Sets of Data Protection Capabilities in the Industry, Including Zero-Trust Data Security Principles and AI-Powered Data Insights
Cohesity Reiterates "No Customer Left Behind"…
WhiteCoat to acquire Indonesian telemedicine platform Good Doctor
WhiteCoat Global, a Singapore-based digital healthcare provider, has announced it will be acquiring Good Doctor Indonesia, the telemedicine platform with the largest insurer and corporate client network in Indonesia.
WhiteCoat Global said in a statement on last Friday that this landmark deal will create the region’s largest and most comprehensive digital healthcare group that works with over…