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Gaming Hardware Unicorn Razer Forms Consortium to Apply for Singapore Digital Full Bank License

Razer, the gaming hardware unicorn company, announced recently that it had formed a consortium with other strategic partners through its fintech arm, Razer Fintech, with the purpose of applying for a full digital banking license from the Monetary Authority of Singapore. Aside from the Razer Fintech-led consortium, other interested parties that also applied for the […]

Unicorn Grab Partners with Malaysia’s Government to Drive e-Wallet Usage in Country

Grab, the regional super application that originally started out as a ride-hailing service but has since diversified into a multi-purpose platform including fintech and food delivery services, has been chosen by the Malaysian government to be a participant in the nation’s US$100 million e-Tunai Rakyat initiative. The initiative was first announced by Malaysian Finance Minister […]

Grab Looks to Acquire Singapore Banking License, Aims to Become Regional Fintech Powerhouse

Grab, the Southeast Asian unicorn app that has since expanded from its initial ride-hailing service to also include food delivery and financial services is seeking to apply for one of the five digital banking licenses that Singapore’s Monetary Authority of Singapore (MAS) is currently issuing, as reported. It is understood that Grab Financial Group, which […]

Unicorn Grab Partners with Hyundai to Launch Electric Vehicle Hailing Service Pilot in Indonesia

Singapore ride-hailing unicorn Grab has partnered with South Korean automobile manufacturer Hyundai Motors and motorcycle manufacturers Gesits and Astra Honda Motor to launch its electric vehicle (EV) pilot project roadmap in Indonesia aimed at developing a more sustainable and environmentally friendly mobility ecosystem in the country by spurring the adoption of two and four-wheeled electric […]

Aspiring Southeast Asian Unicorns to Watch – Singapore’s Carousell

Singapore-based online classifieds business platform startup Carousell is on the brink of becoming Southeast Asia’s next premier unicorn and is poised to become the region’s dominant digital marketplace. Its recent merger with Telenor Group’s former subsidiary 701Search gave it control over three other digital marketplaces that are the leading online classifieds marketplaces of their respective […]
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