Singapore
Japanese messaging app Line announced that it will introduce its cryptocurrency exchange in Singapore next month to compete with the giant players in Asia, including WhatsApp and WeChat.
Malaysia
Malaysia’s co-working startup Common Ground announced that it has raised a US$20 million Series A funding round.
Singapore
Singapore-based online fraud management company CashShield announced that it has raised a $20 million Series B funding round led by Temasek and early backer GGV Capital.
Singapore
Singapore-based F&B (food and beverage) startup Eatsy announced that it has raised S$550,000 (US$404,000) in seed funding round led by Quest Ventures, a venture fund for technology companies.
E-commerce
AlipayHK, the Alibaba-affiliated payments platform, and GCash have announced the launch of a cross-border remittance service through their e-wallet platforms, powered by blockchain technology developed by Alipay.
E-commerce
Ride-hailing giant Grab has launched its new GrabPay mobile wallet in Malaysia on Tuesday, making the country the second market after Singapore to receive the cashless payment feature.
Startup
Blue collar and service industry recruitment platform FindWork announced that it has raised a total of $2 million since August 2017 from angel investor Bernard Chong.
Indonesia
Indonesian ride-hailing giant Go-Jek started its first international expansion today by launching two locally founded companies in Vietnam and Thailand.
Singapore
Bike-sharing company oBike will cease its direct operation in Singapore from Jun 25 due to difficulties in meeting the latest government requirements to solve indiscrimate parking.
Malaysia
PayrollPanda, the Malaysian SaaS-based HR and payroll solutions provider, has announced that it has raised USD $700,000 in a fresh seed funding round from an undisclosed investor group, which includes 2 family offices from Saudi Arabia and the UK.
