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Sunway Group, Kejora Capital launched US$25 MILLION FUND
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Sunway Group, Kejora Capital launched US$25 MILLION FUND

Sunway Group (Sunway), one of Malaysia’s largest conglomerates and Kejora Capital (Kejora), a leading venture capital (VC) firm, has launched the US$25 million Orbit Malaysia fund. This is the first time a Malaysian conglomerate, in partnership with a leading VC firm from Indonesia, formed a fund with Malaysia Venture Capital Management Berhad (MAVCAP) as anchor...

iPay88 partners Atome to expand BNPL acceptance across Malaysia
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iPay88 partners Atome to expand BNPL acceptance across Malaysia

iPay88, Southeast Asia’s leading regional payment gateway provider today announced its partnership with Asia’s leading buy now pay later platform Atome to expand seamless buy now pay later (BNPL) acceptance across iPay88’s merchant touchpoints in Malaysia. APAC is leading the global digital payment revolution and is on track to represent more than half of global...

Alibaba Cloud Innovation Centre Announces Strategic Collaboration with Fidelity Funding
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Alibaba Cloud Innovation Centre Announces Strategic Collaboration with Fidelity Funding

Collaboration to kick-off with Alibaba Cloud Demo Day 2021 More than 500 startups are anticipated to participate in this programme from October 2021 to March 2022. Alibaba Cloud Innovation Centre has joined hands with Fidelity Funding, a venture capital corporation with the aim of propelling local businesses to greater heights by equipping them with the...

Malaysia Tech Unicorn Carsome Raises US$170 Million To Reach US$1.3 Billion in Value
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Malaysia Tech Unicorn Carsome Raises US$170 Million To Reach US$1.3 Billion in Value

Carsome Group (Carsome), Southeast Asia’s largest integrated car e-commerce platform, has closed its US$170 million Series D2 round of funding, valuing the firm at US$1.3 billion and consolidating its status as Malaysia’s largest tech unicorn. This is supplemented by US$30 million in additional credit facilities, bringing the total funds raised to US$200 million. According to...

UOB Malaysia
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UOB Malaysia and The FinLab help more than 110 SMEs improve productivity amid the impact of COVID-19

Kuala Lumpur, 1 April 2021 – UOB Malaysia and The FinLab have recently concluded its 2020 run of the Jom Transform Programme, during which 116 local small- and medium-sized enterprises (SMEs) received advisory and assistance in digital transformation. Through the programme, the SMEs improved their productivity and grew their revenue, helping them to overcome the...

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