FeaturedTechnologyDrone specialist Aerodyne receives funding to expand in SE AsiaPritam BordoloiFebruary 6, 2020 by Pritam BordoloiFebruary 6, 2020 The Malaysia based company raises funds from North Summit Capital, Arc Ventures and Leave a Nest... Read more
FeaturedWealth ManagementGrab enters wealth management with Bento acquisitionPritam BordoloiFebruary 4, 2020February 20, 2020 by Pritam BordoloiFebruary 4, 2020February 20, 2020 Bento Invest will be rebranded as Grab Invest and new products will be available in Singapore by mid-2020... Read more
BankingFeaturedCIMB Philippines virtual bank provides AI-backed onboardingPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 While the process earlier took more than 15 minutes, now it can be completed in less than five minutes... Read more
FeaturedTechnologySaudi Aramco buys shares in blockchain oil trading company VaktPritam BordoloiJanuary 29, 2020February 3, 2020 by Pritam BordoloiJanuary 29, 2020February 3, 2020 Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia... Read more
FeaturedTechnologyStandard Chartered invests in Singapore blockchain platform ContourPritam BordoloiJanuary 29, 2020January 29, 2020 by Pritam BordoloiJanuary 29, 2020January 29, 2020 Contour aims at digitalising the letter of credit process... Read more
FeaturedTechnologySoftBank-backed CloudMinds slashes jobs over failed IPOInternational FinanceJanuary 28, 2020March 18, 2020 by International FinanceJanuary 28, 2020March 18, 2020 The company will cut between 175 and 225 jobs — and shut down its co-headquarters in Silicon Valley... Read more
BankingFeaturedPhilippines’ AgriNurture to provide digital banking servicesPritam BordoloiJanuary 28, 2020 by Pritam BordoloiJanuary 28, 2020 Earthright Holdings, ArgiNurture’s parent company, buys stake in Binangonan Rural Bank... Read more
ExclusiveWEX to acquire Singapore fintech eNett, Optal for $1.7 billionInternational FinanceJanuary 24, 2020March 18, 2020 by International FinanceJanuary 24, 2020March 18, 2020 Optal is a shareholder of eNett and the primary issuer of eNett payments... Read more
FeaturedFintechNigerian fintech Paga acquires Apposit to fuel expansionPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The fintech raised $10 mn last year and announced its plan to expand globally... Read more
FeaturedTechnologyThe UK might allow Huawei to play a minimal role in its 5G networkInternational FinanceJanuary 24, 2020March 18, 2020 by International FinanceJanuary 24, 2020March 18, 2020 Huawei will not be involved in the core aspects of the country’s 5G network over security concerns... Read more