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2024-11-18 10:00:38

A world where AI knows your business finances better than you do
Singapore was recently ranked the most competitive economy in the world, translating to a massive amount of pressure on local enterprises, especially for small businesses. At a time where rising costs have become a top concern among Singapore’s businesses, the ability to effectively oversee and maintain control over corporate finances has become mission-critical to long-term business...

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2024-12-19 08:18:31

Funding Societies secures $25M investment from Cool Japan Fund
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, has on Thursday announced that it has raised US$25 million in equity investment from Japan’s sovereign wealth fund Cool Japan Fund (CJF). The investment from CJF signifies the fund’s first investment into a Fintech company in Southeast Asia, Funding...

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2024-12-18 11:23:16

Malaysia’s RHB Bank launches $220M sustainable trade finance program to boost sustainability activities
Malaysian lender RHB Bank Berhad has launched a MYR 1 billion ($220 million) sustainable trade finance program/-i (STFP/-i) to empower Malaysian businesses to adopt low-carbon practices and advance sustainability across their trade operations. This landmark initiative underscores RHB’s ongoing commitment to driving the national sustainability agenda and equipping businesses with the...

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2024-12-19 08:15:57

Malaysian fintech startup Swipey secures investment from 1337 Ventures
Swipey, a Malaysian fintech startup, has secured a funding from 1337 Ventures to boost small and medium-sized enterprise (SME) financial management. Swipey said in a statement on Wednesday that the investment is part of its broader funding plan which will enable the firm to further its mission in delivering seamless and automated user-friendly financial tools and processes. With the backing...

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2024-12-19 08:46:20

Singapore’s Osome reports over 25 percent revenue growth, eyes Asia expansion
Osome, the Singapore-based fintech platform for business and financial management, has on Thursday announced strong 25 percent revenue growth year on year and significant progress in operational efficiency, customer service, and bottom-line performance. The company said in a statement that it also unveiled ambitious 2025 growth plans, focusing on product innovation, market expansion, and a...

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