Indonesia digest: OVO-Prudential Indonesia, Warung Pintar-Reckitt, LinkAja-SRC team up
OVO and Prudential Indonesia will offer a digital sharia life insurance product.
Japan’s SMFG acquires 49% stake in Vietnamese NBFC FE Credit
The deal values the Vietnamese firm at $2.8 billion.
China Digest: GL Ventures backs Sobot; Daoer to raise $75m; Xiaohongshu mulls US IPO
China-focused VC Yunqi Partners also invested in Sobot.
RAKwireless bags $10m funding and 14 more deal updates from Greater China
Shunwei Capital also participated in the fresh funding round in RAKwireless.
Del Monte Philippines revives listing plan, files for $907m IPO
The company had shelved its IPO plans in 2018 citing adverse market conditions.
Temasek, DBS, JP Morgan launch blockchain-based cross-border payment platform
Partior will first focus on facilitating payments between Singapore-based banks in both USD and SGD.
Matrix Partners China co-leads $77m Series A+ funding in Vastai Tech
The round was joined by 5Y Capital, Redpoint China Ventures, Glory Ventures and SAIF Partners China.
SG Digest: MAS to sharpen focus on asset management, anti-money laundering
MAS expects institutions to leverage data analytics in their anti-money laundering frameworks.