southeast Asia

Southeast Asia or Southeastern Asia is a subregion of Asia, consisting of the regions that are geographically south of China, east of India and Bangladesh, north of Australia, and west of New Guinea.

Source: en.wikipedia.org

Toss, GoTo Compete With Grab for Super App Supremacy in SE Asia
Toss, GoTo Compete With Grab for Super App Supremacy in SE Asia
March 23, 2022  |  Connected Economy

In the age of the super app, especially in South Korea, competition is ramping for top of mind, top of wallet — and the chance...

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Akulaku Gets $100M Investment for Southeast Asia Expansion
Akulaku Gets $100M Investment for Southeast Asia Expansion
February 18, 2022  |  Investments

Siam Commercial Bank has made a $100 million strategic investment in Indonesian banking and digital finance platform Akulaku that will help the company continue its...

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Shopee Launches Digital Retail Initiatives
Shopee Launches Digital Retail Initiatives
January 14, 2022  |  Retail

Five partner brands of eCommerce platform Shopee hit at least $100 million in gross merchandise value (GMV) in 2021, while Shopee Mall saw an eightfold...

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Citi Sells Southeast Asia Consumer Banks to UOB in $3.7B Deal
Citi Sells Southeast Asia Consumer Banks to UOB in $3.7B Deal
January 14, 2022  |  Banking

Citi has closed a $3.7 billion deal to sell its consumer banks in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank (UOB), including...

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Investor Interest in SEA FinTech Sparked by Mobile Shopping, Payments
Investor Interest in SEA FinTech Sparked by Mobile Shopping, Payments
November 24, 2021  |  Fintech Investments

Investor interest in FinTechs in Southeast Asia (SEA) has brought in a record amount of funding, prompted by the pivot to digital-first shopping, payments and...

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Velo Labs, Inception Collaborate on Cross-Border Payments
Velo Labs, Inception Collaborate on Cross-Border Payments
October 27, 2021  |  Global Payments

The cross-border settlement FinTech Velo Labs has launched a partnership with Inception, a Thai firm specializing in cross-border remittances in Southeast Asia.  The two companies...

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IBM, MonetaGo Team Up to Tackle Trade Finance Fraud
IBM, MonetaGo Team Up to Tackle Trade Finance Fraud
October 06, 2021  |  B2B Payments

IBM is partnering with FinTech startup MonetaGo to tackle trade finance fraud, and it will set its sights first on Southeast Asia, according to a...

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Xendit Snags $150M in Series C Funding for SE Asia Digital Payment Infrastructure Enhancements
Xendit Snags $150M in Series C Funding for SE Asia Digital Payment Infrastructure Enhancements
September 15, 2021  |  International

Southeast Asia payments platform Xendit on Tuesday (Sept. 14) finalized a Series C funding round that generated $150 million, in the process cracking the $1...

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Sea Ltd. Will Raise Record-Setting $6.3B in Capital
Sea Ltd. Will Raise Record-Setting $6.3B in Capital
September 09, 2021  |  Investments

eCommerce and gaming company Sea Ltd. hopes to raise $6.3 billion in the largest fundraising effort in Southeast Asia’s history, the second major fundraising effort...

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