Malaysian recommerce platform, CompAsia, has secured series A funding in a round led by Gobi Partners, a Pan-Asian venture capital firm. The exact amount of funding remains undisclosed. The funding injection will support CompAsia’s ambition to expand its presence in Asia.  CompAsia specializes in creating an integrated platform that facilitates the trading and purchasing of […]

Stockbit Investa Bersama (Stockbit), an Indonesian digital investment platform, and Fullerton Fund Management Company (Fullerton), a Singapore-based investment specialist, have jointly acquired Ayers Asia Asset Management, a Jakarta-based asset management firm.  Fullerton expressed its commitment to collaborate with Stockbit in developing and providing high-quality investment solutions that cater to a diverse range of investors, including […]

Wanting to ease the complexities of total wealth management, WRISE Group has announced the official launch of “WRISE Wealth Management Hong Kong” (WRISE WM HK), a technologically advanced wealth management firm for Hong Kong’s ultra-high-net-worth individuals (UHNWIs) and their family offices. The company said in a statement that the client’s expectations for wealth management are […]

Wealthtech firm Kristal.AI announced that it secured $10 million worth of investments in its pre-series B round that will help fund its expansion into new markets and drive product and platform innovation. The firm said that it already tripped its AUM to cross the $1 billion mark in August 2022 and grow its user base […]

Wealth managers can now introduce more of their end-investors to the world of private investments through a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices can also take part in the space via a corporate service to diversify their portfolios through private market products. Both services fall under a new […]

Singapore-headquartered ride-hailing giant Grab announced that it had acquired robo-advisory startup Bento Invest Pte Ltd (Bento) for an undisclosed amount, with plans to rebrand it to GrabInvest.