Visa: Card Payments Overtake Cash Usage In Singapore

Popularity of mobile contactless payment is increasing
Almost all Singapore consumers in study use cards for payment Card payments have overtaken cash to become the most-used payment method in Singapore, according to the latest edition of Visa’s Consumer Payment Attitudes Study. 
This study was conducted in October 2022 by CLEAR with 1,000 Singaporeans…Continue Reading

Exabytes completes acquisition of APC Hosting  

Customers can expect broader range of products, services 
Acquisition enables both parties to leverage complementary strengths, expand reach Southeast Asia’s leading digital enabler, Malaysian based Exabytes Group, has announced the successful acquisition of APC Hosting, one of Singapore’s leading web hosting, VPS and domain providers, as part of its market expansion strategy…Continue Reading

Kossan Rubber rolls out Greening Value Chain Programme with fintech partner, Pantas

Free access to software allowing SMEs to measure their GHG emissions
Access to LCTF, training and consultation services part of programme Bursa Malaysia listed Kossan Rubber Industries Bhd has begun rolling out its Greening Value Chain Programme (GVC) – originally announced at Cop-27 in Egypt as an initiative by Bank Negara Malaysia…Continue Reading

MyStartr secures USmil in latest ECF campaign, set to operate on secondary market

Aims to assist 3,000 businesses through crowdfunding over five years
Collaborating with Astro for a crowdfunding reality TV show, The Sandbox MyStartr has raised US$1.05 million (RM4.7 million) through a Fundnel campaign led by 431 investors. 
In a statement, the equity crowdfunding (ECF) platform said the funds will support its entry into the secondary market…Continue Reading

e-Payment adoption in Malaysia going full steam ahead

Real-time transactions unlocked US$394mil of additional economic output
e-Payment adoption key focus area in Financial Sector Blueprint 2022-2026 Some banks in Malaysia have recently begun talking about creating the first cashless kampung in the country. Yet, quietly and without fuss, Bank Negara Malaysia (BNM), Malaysia’s central bank, has been the enabler for e-payment…Continue Reading

Asia Mobiliti makes it to Entrepreneurship World Cup global finals 2022

Sole M’sian to compete with startups from 53 nations for US$300k grand prize
250 companies invited to participate in a 3-day bootcamp, with 100 selected Asia Mobility Technologies Sdn Bhd, a leading mobility-as-a-service (MaaS) and Internet of Things (IoT) solutions provider, is the only Malaysian startup from 100 worldwide selected to compete…Continue Reading

In raising his US.85mil seed round for Durioo+, Sinan Ismail becomes a startup poster boy

Failing, learning, relearning over 13 years, made him founder he is today
Targeting 100mil Muslim families with children aged from 1 to 12 years The soft spoken, pony tailed, hoodie clad (strictly orange from now on) Sinan Ismail, founder of children’s Islamic content startup, Durioo Sdn Bhd, having raised US$2.85 million (RM12.5…Continue Reading