MRANTI’s Global Accelerator Programme 2023 commences with 20 startups from Malaysia, Türkiye, Russia

Concentrate on high-potential sectors like Healthtech, Agriculture, & nbsp, and Drone Tech.GAP & nbsp, which had an impact on 212 startups, helped the US$ 130 million in funding through a & nbpsp program, the first six, cohorts, etc.The Global Accelerator Programme ( GAP ) 2023 is officially launched by the Malaysian…Continue Reading

Soft Space partners Hong Leong Bank, JCBI to drive JCB Card acceptance in Malaysia

Partnership enables the parties to support increasing numbers of digital consumers.The functions will capitalize on M’sia, which has 16.1 million visitors and$ 10.89 billion in revenue in 2023.With strong post-pandemic economic recovery prospects, Soft Space Sdn Bhd, JCB International Co, Ltd.( JCBI ), the international operations subsidiary of the top international…Continue Reading

Fave collaborates with affiliate marketing platform Involve Asia

The partnership adds FindShare loyalty programme to Fave
Though this users can get cashback and spend it across Fave’s offerings  

Fave is collaborating with Involve Asia to integrate FindShare, a cashback and rewards program platform provider in the Philippines. 
Chen Chow Yeoh (pic), Co-founder of Fave, said, “Involve Asia’s expertise in affiliate marketing…Continue Reading

Global VC investment remains muted, falling to US.4bil across 7,783 deals in Q2’23

KPMG Private Enterprise’s Venture Pulse shows AI startups still hot
VC deals in Asia drop from US$22.9bil across 3.1k deals to US$20.1bil

Chock full of data professional services firm KPMG issued its Venture Pulse Q2’23 report of the state of global venture capital investment with the headline figure showing that VC funding…Continue Reading

UAE Regulation Lab signs MoU with Malaysia’s Futurise to accelerate regulatory innovation

Fast-track emerging solutions through regulatory sandboxes and other initiatives
Agreement lets both sides explore cross-border collaboration and R&D initiatives

The UAE Regulation Lab (RegLab), under the General Secretariat of the UAE Cabinet, has joined forces with Futurise, a Malaysian company under the purview of the Ministry of Finance, to create a legislative environment for regulation…Continue Reading

Catcha Digital raises US.5 mil for growth and expansion

Final step in its regularisation plan, GN2 status expected to be lifted
Launched i-Gov to develop solutions for Malaysian government

Catcha Digital announced that it had raised US$6.5 million (RM29.7 million) from the Rights Issue exercise to grow and expand its business. This is the final step in its regularisation plan, and its…Continue Reading

The Radical Fund secures first close for investments in climate solutions for Southeast Asia

Will be announcing first investment this quarter
Fund will invest USD250-800k in pre-seed, seed & pre-series A startups

The Radical Fund announced that it has secured the first close of its target US$40 million (RM182 million) fund. The Fund is investing in early-stage ventures in Southeast Asia that are scaling solutions across climate…Continue Reading

Fintech Salmon sets record for largest Series A debt financing in Philippines with USmil facility

Deal positions Salmon as one of SEA’s fastest-growing fintechs
Funds will enable firm to scale lending operations across Philippines

Consumer fintech Salmon announced that it has secured a US$20 million (RM91 million) debt facility from US emerging-markets specialist investment firm Argentem Creek Partners.
In a statement, the startup said this enables it to further scale its…Continue Reading