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2025-04-18 06:08:49 -

Indonesia’s Populix raises $4.3M in Series B funding led by MSW V Asia Fund X
Populix, an Indonesian tech-based research company, announced Tuesday it has secured $4.3 million in the first close of its Series B funding round. The investment was led by MSW V Asia Fund X, with participation from existing investors Intudo Ventures, Altos Ventures, and Acrew Capital, Populix said in a statement. Through the Series B funding received, Populix said it is committed to...

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2025-04-18 04:49:29 -

Yiren Digital partners AG Network to deliver AI-driven financial solutions across Indonesia
Yiren Digital Ltd., an artificial intelligence (AI)-powered platform providing financial and lifestyle services in China, has announced the formation of a strategic joint venture with PT. Pinjaman Kemakmuran Rakyat (klikUMKM) and PT. Artha Digital Investama, member of Artha Graha Network (altogether AG Network), to deliver AI-driven financial solutions across Indonesia. Yiren Digital said in a...

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2025-04-18 04:41:46 -

FancyTech eyes expansion into Indonesia to drive global AI content growth
Global artificial intelligence (AI) firm FancyTech is eyeing expansion into priority markets, especially Indonesia, following its B+ funding round. The firm said in a statement on Wednesday that the round is co-led by GSR Ventures and Zhilin Capital, with previous backers, including DCM, reaffirming their commitment to further develop FancyTech’s AI-driven content platform. The company...

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2025-04-18 04:34:20 -

Taking control of your payments: Why payment orchestration is becoming a necessity
In the last few years, digital commerce across the Asia-Pacific (APAC) region has experienced unprecedented growth. Consumers have embraced online shopping, mobile apps, and social commerce at a remarkable pace. But this surge has brought with it a challenge that many e-commerce businesses are now struggling to manage: the complexity of digital payments. The explosion of payment methods As...

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2025-04-18 04:26:09 -

AMRO sees fragmented systems, regulatory alignment, and cybersecurity as challenges for ASEAN regional payment connectivity
While ASEAN’s regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain. The research house said in a note on Thursday that as more bilateral arrangements are added under the RPC, the complexity of integration increases. Besides, the pace of...

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2025-04-18 04:21:52 -

Temasek-backed ABC Impact closes second fund at over $600M
ABC Impact, the Asia-focused impact investment firm backed by Singapore state-owned fund Temasek, has successfully completed the final closing of its second fund at over $600 million, doubling the size of Fund I. ABC Impact said in a statement on Monday that this milestone deepens the firm’s commitment to addressing Asia’s critical social and environmental needs through...

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2025-04-18 04:18:44 -

Chinese-founded crypto exchange OKX expands into US market
Chinese-founded crypto exchange OKX has expanded into United States market. In a statement on on Wednesday, the firm announced the launch of OKX’s centralized crypto exchange and OKX Wallet in the United States, alongside the establishment of its regional headquarters in San Jose, California. Following the launch, American customers now have access to the high-performance platform, and...

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2025-04-18 04:16:19 -

Stripe expands global partnership with Tencent to enable Weixin Pay on Stripe Terminal in 20 countries
Stripe, a financial infrastructure platform for businesses, has announced an expansion of its global partnership with Chinese technology conglomerate Tencent, making Weixin Pay — also known as WeChat Pay — available on Stripe Terminal in 20 countries. From Australia and Canada to France, Germany, Italy, Singapore, the United Kingdom, the United States and beyond, businesses powered...

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2025-04-17 17:58:22 -

IST partners NAPAS to enable digital payments in Vietnam
IDEMIA Secure Transactions (IST) has on Wednesday announced a strategic partnership with the National Payment Corporation of Vietnam (NAPAS) to enrich and boost the digital payment landscape in Vietnam. With its newly acquired digital capabilities, NAPAS will be able to meet the rising demand of the Vietnamese population for contactless and digital payments, IST said in a statement. The...

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2025-04-17 17:54:53 -

Leading with Open Source Excellence: Ant Group’s Wang Xu on CNCF Award & future plans [Q&A]
 The Cloud Native Computing Foundation® (CNCF®), a part of Linux Foundation dedicated to building sustainable ecosystems for cloud native software, announced early this month that Ant Group has been awarded the CNCF Top End User Award. Twice a year, CNCF honors outstanding contributions from its end-user members who actively drive innovation and collaboration within the cloud native...

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2025-04-17 17:50:44 -

IWG, PNB to launch workspaces at Malaysia’s tallest tower
Global workplace provider International Workplace Group (IWG) has announced the signing of a new center under its Signature brand, located at the landmark Menara Merdeka 118, Malaysia, as demand for quality office spaces grow. The firm said in a statement on Wednesday that this new center is the fourth IWG location within Permodalan Nasional Berhad (PNB)-owned properties, following three...

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2025-04-17 17:46:59 -

Solarvest, HSS and Shizen receive green incentive from Malaysian government for utility-scale solar project
Malaysia-based Solarvest Holdings Berhad and HSS Engineering Sdn Bhd (HSS), together with their Japanese partner Shizen Malaysia Sdn Bhd, have announced that its utility-scale solar project under SM01 Sdn Bhd has received approval for the Green Investment Tax Allowance (GITA) incentive from the Malaysian Investment Development Authority (MIDA). This milestone marks a significant step in...

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