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Tracxn : Southeast Asia’s FinTech funding drops 23 percent in 2024Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a 23 percent drop from $2.1 billion in 2023 and a significant 75 percent decrease from$6.3 billion in 2022, Tracxn said Monday. The data platform said in a statement that the funding in 2024 returned to pre-pandemic levels, reflecting challenges posed by macroeconomic conditions, rising interest...0 Commentarios 0 Acciones 8K Views 0 Vista previa
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Singapore’s Sodion Energy secures MWh supply of US developed advanced sodium-ion batteries from UNIGRIDSodion Energy, a provider of sodium-ion batteries for e-mobility and integrated energy storage solutions based in Singapore, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology. Sodion Energy said in a statement on Monday that this collaboration strengthens Sodion...0 Commentarios 0 Acciones 7K Views 0 Vista previa
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KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operationsThe Islamic digital bank consortium led by KAF Investment Bank Berhad, together with Carsome, MoneyMatch, Jirnexu and StoreHub, announced that they have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) for its operating entity KAF Digital Berhad to commence operations as a digital bank, starting Dec 20, 2024. This approval is granted following a...0 Commentarios 0 Acciones 7K Views 0 Vista previa
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EV battery maker CATL poised to pick banks for $5B Hong Kong share saleContemporary Amperex Technology Co Ltd (CATL) is poised to hire Bank of America Corp, China International Capital Corp (CICC), CSC Financial Co, and JPMorgan Chase & Co as lead arrangers for a second listing in Hong Kong this year, Bloomberg reported on Monday, quoting people familiar with the matter. Other banks are likely to be added for what could be one of the largest offerings in Hong...0 Commentarios 0 Acciones 7K Views 0 Vista previa
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Malaysia’s WORQ aims to grow total co-working space to 450,000 sq ft by 2025Editor’s note: WORQ is a winner of the Best Community Builder at TNGlobal’s ORIGIN Innovation Awards 2021. As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape. These leaders reflected on their triumphs throughout the year, sharing valuable perspectives on their achievements and the challenges they overcame....0 Commentarios 0 Acciones 7K Views 0 Vista previa
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Arrow Electronics partners STARFINDO to support tech startups in IndonesiaGlobal technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO) to bolster tech startups within Indonesia’s ecosystem. Arrow Electronics said in a statement on Tuesday that through this collaboration, startups will gain access to cutting-edge electronics technologies and vital engineering...0 Commentarios 0 Acciones 7K Views 0 Vista previa
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AirAsia MOVE appoints travel industry veteran Manfredi Lefebvre d’Ovidio as ChairmanMalaysia-based Capital A’s online travel agent (OTA) platform AirAsia MOVE has announced the appointment of Manfredi Lefebvre d’Ovidio as its new Executive Chairman, effective immediately. AirAsia MOVE said in a statement on Tuesday that d’Ovidio is succeeding Kamarudin Meranun who has been instrumental in shaping AirAsia MOVE into a travel powerhouse in ASEAN. According to...0 Commentarios 0 Acciones 7K Views 0 Vista previa
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Ant Group to connect 280,000 doctors on Haodf healthcare platform with 800M healthcare users on Alipay after acquisitionFollowing Ant Group’s acquisition of Haodf, a healthcare platform specializing in online doctor consultations, Ant Group President Cyril Han and Haodf.com Founder Hang Wang have jointly announced their plans to drive AI-powered healthcare innovations. Ant Group said in a statement on last Saturday that these efforts aim to help 280,000 doctors on the Haodf platform work more efficiently...0 Commentarios 0 Acciones 7K Views 0 Vista previa
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From local to global: Venture Spark said it’s Thailand’s Next Big AcceleratorVenture Spark is setting a new standard in Thailand’s startup ecosystem. Designed to transform early-stage ideas into impactful global ventures, this accelerator offers a sector-agnostic program providing guaranteed funding, mentorship, and unparalleled access to a global network. With the backing of prominent partners like InnoSpace Thailand, Venture Spark said it empowers founders to...0 Commentarios 0 Acciones 7K Views 0 Vista previa
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