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Ant's Malaysian e-wallet venture with CIMB in talks to raise US$150m

[KUALA LUMPUR] A Malaysian e-wallet operator owned by CIMB Group and China's Ant Group is in advanced talks with...
Thu, Jan 21, 2021
Thu, Jan 21, 2021 - 7:47 PM
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Chinese monopoly rules threaten super-app model

[HONG KONG] The future of China's financial super-apps has been thrown into question. The central bank is defining...
Thu, Jan 21, 2021
Thu, Jan 21, 2021 - 3:34 PM
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Digital securities platform iSTOX raises US$50m in Series A round

SINGAPORE Exchange (SGX)-backed digital securities platform iSTOX has raised US$50 million in Series A funding, with...
Thu, Jan 21, 2021
Thu, Jan 21, 2021 - 9:00 AM
Digital securities platform iSTOX raises US$50m in Series A round

Tower Capital hits US$250m first close of South-east Asian PE fund

SINGAPORE-BASED Tower Capital has hit the first close of its South-east Asian private equity (PE) fund, Tower Capital...
Wed, Jan 20, 2021
Wed, Jan 20, 2021 - 12:52 PM
Tower Capital hits US$250m first close of South-east Asian PE fund

World's rich fled Alibaba after monopoly probe: Citi

[HONG KONG] Wealthy investors rushed to offload stock in Alibaba Group Holding after China began an investigation into...
Wed, Jan 20, 2021
Wed, Jan 20, 2021 - 11:40 AM
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Crescent Cove Advisors launching special purpose acquisition company to target S-E Asian tech firms

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SAN FRANCISCO-based tech investment firm Crescent Cove Advisors, founded by Singaporean Heng Jun Hong, has filed...
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Wed, Jan 20, 2021
Wed, Jan 20, 2021 - 5:50 AM
Crescent Cove Advisors launching special purpose acquisition company to target S-E Asian tech firms