GXS Bank Receives S$229.5 Million Capital Injection from Backers Singtel and Grab
In a significant development for Singapore’s financial sector, GXS Bank has secured a substantial capital injection amounting to S$229.5 million.…
Malaysian Interior Design Marketplace Homa2u Secures $1.5M in Pre-Series
Homa2u, a Malaysian interior design marketplace, has successfully raised $1.5 million in a pre-Series A funding round. This milestone underscores…
Philippe Auberger Brings Executive Expertise to SiCepat as COO
SiCepat, one of Indonesia’s fastest-growing logistics companies, has appointed Philippe Auberger as its Chief Operating Officer (COO). Auberger, former Lazada…
Carro Secures $55 Million Loan from HSBC’s $1 Billion ASEAN Growth Fund
Carro, a prominent Southeast Asian automotive marketplace, has successfully secured a substantial $55 million loan from HSBC’s ASEAN Growth Fund,…
Lightspeed Leads $10M Investment Round in South Korean Fintech Startup Travel Wallet
Travel Wallet, a pioneering fintech startup based in South Korea, has secured a significant milestone with a $10 million investment…
Impact and Implications of Tokopedia and ByteDance Layoffs in Indonesia
In recent news, both Tokopedia and ByteDance have confirmed their plans for layoffs in Indonesia. These decisions have sparked discussions…
Paper.id Secures Series B Funding Amidst Rapid Growth in Transactions
Paper.id, an innovative invoicing platform based in Indonesia, has successfully raised Series B funding in a testament to its burgeoning…
Anchanto’s Growth Trajectory: A 39% Revenue Increase in 2023 and Profit Goals by 2026
Anchanto, the Singapore-based ecommerce Software as a Service (SaaS) firm, has reported significant growth milestones for the year 2023, marking…
BayaniPay Extends Series A to $9.6M with Wavemaker-Backed Round: Pioneering Philippine Remittance Solutions
In a bold move signaling confidence in the burgeoning fintech landscape of the Philippines, BayaniPay has secured an additional $9.6…
Singapore to trial battery swapping, mobile charging for electric heavy goods vehicles
In a groundbreaking move towards sustainable transportation solutions, Singapore is set to trial battery swapping and mobile charging for electric…