August 31, 2023 @ 8:29 pm By Michael Wong  |  

Asia Carbon Institute (ACI), a voluntary carbon credit registry in Asia, was officially inaugurated at the CIC – Zero Carbon Park in Hong Kong despite a typhoon signal hoisted right before and during the event. The official launch was attended by Chan Ho Lim, Joseph,… Read More

August 31, 2023 @ 6:41 pm By Michael Wong  |  

Artificial Intelligence (AI) and large language models (LLMs) company AI21 Labs has announced raising $155 million in Series C funding to fast-track the expansion of its “highly precised” text-based generative AI services for businesses. The Tel Aviv, Israel-based company said the funding round was backed… Read More

August 31, 2023 @ 6:39 pm By Michael Wong  |  

Bybit, a marketplace that claims to be “the world’s third most visited crypto exchange” (currently, Kraken is #3 with Bybit in 5th), has announced a revamped version of its launchpad, offering early investors the opportunity to purchase new projects at favorable prices. The Bybit Launchpad… Read More

August 31, 2023 @ 6:27 pm By Michael Wong  |  

PhonePe, an India-based digital payments and financial services firm, announced its entry into the stock broking industry with the launch of Share(dot)Market. The new platform comes under its subsidiary, PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market aims to redefine discount broking by offering a suite of… Read More

August 31, 2023 @ 4:57 pm By Michael Wong  |  

Uplinq, a global credit and scoring assessment platform for small business lenders, has teamed up with digital payments giant Visa to provide scoring and risk assessment tools to small business lenders throughout the US and Canada. As per the agreement, Visa will facilitate the introduction… Read More

August 31, 2023 @ 11:02 am By Michael Wong  |  

IBM and Salesforce have recently formed a partnership designed to help businesses worldwide accelerate the adoption of artificial intelligence (AI) for customer relationship management (CRM). This significant collaboration between two industry giants is expected to revolutionize experiences for customers, partners, and employees while also ensuring… Read More

August 30, 2023 @ 8:19 pm By Michael Wong  |  

Thailand’s Government Pension Fund (GPF), one of the country’s largest pension funds with over 1.2 million members, has chosen Charles River Investment Management Solution (Charles River IMS) to update its front office operations and manage its domestic and international equity, fixed income, and multi-asset portfolios…. Read More

August 30, 2023 @ 8:02 pm By Michael Wong  |  

FOMO Pay, a Singapore-regulated digital payment and banking solutions provider, has announced a strategic partnership with Notabene, a global crypto-industry decision-making platform, to boost its digital asset compliance. In a statement, FOMO Pay said the collaboration will enhance FOMO Pay’s know-your-transaction (KYT) capabilities and streamline… Read More

August 30, 2023 @ 5:39 pm By Michael Wong  |  

FlipGive, the pioneering cashback rewards and fundraising solution for youth sports teams, has announced raising C$5 million (about $3.7 million) in a recent financing round. The fresh capital is poised to drive the expansion of FlipGive’s direct-to-consumer app across North America while also supporting the… Read More

August 30, 2023 @ 2:27 pm By Michael Wong  |  

World Bank Group member International Finance Corporation (IFC) has committed a record $11 billion to 108 projects in Asia and the Pacific this year to alleviate poverty and increase prosperity amid challenges such as climate change, gender inequality, food and energy insecurity, and higher inflation…. Read More

August 29, 2023 @ 1:17 am By Michael Wong  |  

In a major strategic move to extend its footprint in Southeast Asia, CTOS Digital Bhd, a Malaysia’s based credit reporting agency, has announced the acquisition of two credit scoring companies in the Philippines and Indonesia. The deal, valued at $6.37 million, was disclosed in stock… Read More

August 28, 2023 @ 10:34 pm By Michael Wong  |  

Vietnam’s central bank, the State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative, a scheme initiated by central banks in Southeast Asia to strengthen and enhance collaboration on payment connectivity. SBV officially signed the supplemental Memorandum of Understanding on Cooperation… Read More

August 28, 2023 @ 3:43 pm By Michael Wong  |  

OKX Wallet, a universal crypto wallet available on multiple platforms, has integrated with BaseLend, a decentralized lending protocol on the BASE chain, for seamless crypto lending. The integration allows users to access flexible and transparent borrowing and lending services within the DeFi ecosystem, according to… Read More

August 28, 2023 @ 9:31 am By Michael Wong  |  

Raleon, a North Carolina-based Web3 engagement platform, has announced raising $3.8 million in a Seed funding round anchored by Blockchange Ventures, a venture capital (VC) firm that invests in early-stage blockchain companies, protocols, and applications. The funding round also saw participation from gaming-focused VC Play… Read More

August 28, 2023 @ 8:32 am By Michael Wong  |  

BIGG Digital Assets, the Canadian Securities Exchange (CSE)-listed owner of online cryptocurrency brokerage Netcoins, has agreed to acquire shares of Web3 company Terrazero Technologies Inc that BIGG does not currently own in a transaction valued at $20 million. This transaction, which is expected to close… Read More

August 27, 2023 @ 1:28 pm By Michael Wong  |  

Publicly traded banking and financial institution Alliance Bank Malaysia Berhad has announced its partnership with software house and IT services provider Comarch to launch a digital wealth platform. The Comarch Wealth Management system will allow the bank’s customers to view their financial information, including their… Read More

August 26, 2023 @ 8:46 pm By Michael Wong  |  

American Fintech SaaS company Irys Insurtech Inc has announced raising $3.5 million in a Seed funding round anchored by Markd, a venture capital investor focused on Insurtech innovations. The funding round, which also saw participation from insurtech firms such as Brokertech Ventures, Revtech Labs, Cofounders… Read More

August 26, 2023 @ 10:50 am By Michael Wong  |  

CGS-CIMB Securities (CGS-CIMB), an integrated financial services provider in Asia, has raised about S$35 million ($25.8 million) for its first Vietnam-focused ETF — CGS Fullgoal Vietnam 30 Sector Cap ETF — launched Friday on Singapore Exchange (SGX). The ETF, which comprises the largest and most… Read More