Malaysia

Malaysia-based digital asset exchange Hata has raised $8 million in a Series A funding round led by cryptocurrency exchange Bybit, alongside several global family offices.

AEON360, a personalized retail service, and AI-powered cloud platform Google Cloud will jointly develop a “continuous commerce” experience across AEON’s retail, finance, and lifestyle services in Southeast Asia, Google Cloud said in a release on Thursday.

Switzerland-based The Hashgraph Group (THG), a Web3 & AI engineering firm, and Malaysia-based air logistics firm Teleport will jointly co-develop a Digital Customs Documentation System (DCDS) to digitize and manage the lifecycle of customs documentation for cross-border trade.

Ryt Bank has exceeded 1.2 million users just over seven months after its launch in August 2025, the lender said in a release on Tuesday.

Singapore-based data center developer and operator DayOne Data Centers will invest over MYR28 billion ($6.9 billion) in Malaysia by the end of 2026, as part of efforts to expand its data center operations and strengthen the country’s role as a regional digital hub.

WeChat Malaysia Sdn. Bhd., a subsidiary of Chinese tech giant Tencent, has been awarded “Malaysia Digital” (MD) status by the Malaysia Digital Economy Corporation, marking a step in the company’s expansion within Malaysia’s digital sector.

Airwallex, co-headquartered in Singapore and California, has received approval from Bank Negara Malaysia, the central bank of Malaysia, for its e-money issuing and Class A licences, enabling the company to offer a broader range of payment services in Malaysia.

Malaysia-founded PolicyStreet has secured RM84 million (US$21 million) in the first close of its Series C funding round, the insurtech firm said in a press release on Wednesday.

Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.

The University of Hong Kong (HKU) and Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, have announced the first close of a joint investment initiative, the Gobi–HKU Fund I, during a ceremony marking its launch and initial investments.