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The Japanese investments fueling Southeast Asia’s fintech scene

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techinasia.com

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newsletter@techinasia.com

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Wed, Jul 12, 2023 11:31 PM

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More: Temasek’s results for 2022. Daily Newsletter --------------------------------------------

More: Temasek’s results for 2022. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [The rebound in Japanese investments in Southeast Asia’s fintech space]( - A healthtech startup’s partnership with Singapore’s oldest primary care provider - Other newsy highlights such as Temasek’s results for its most recent financial year and a massively multiplayer online role-playing game for kids --------------------------------------------------------------- Hello {NAME} I’ve recently been thinking about taking a trip to Japan. I’ve been there twice before, and each time was an incredible experience with great food and amazing sights. One of the trips coincided with the start of the cherry blossom season so my friends and I had a great time just picnicking in the park under the trees, admiring how they looked in full bloom. I’m hoping to make my third trip to Japan a reality some time in the next year, so wish me luck with making it a reality. And now, in this incredible segue, today’s premium story is also about Japan - specifically, Japanese firms investing in Southeast Asia’s fintech scene. Let’s go deeper. (Are you guys tired of my oh-so-seamless segues yet? No? That’s great, because neither am I. 👼) -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Return of the Rising Sun: MUFG fuels rebound in Japanese investments in SEA fintech]( After the pandemic-induced drop in Southeast Asia’s Japanese fintech funding, MUFG was among those driving its comeback. --------------------------------------------------------------- TRENDING NEWS [Temasek’s portfolio value sees $6b loss in FY 2023]( The state-owned investor said it has slowed down investment pace amidst global uncertainties. [Singapore’s top-funded tech companies in the last decade]( This automated tracker will help you see which tech firms in the city-state are scoring the most investments. [Speedoc partners with oldest SG primary care firm for home care services]( The partnership leverages on the rising demand for home healthcare services in the Asia Pacific [Ree-Pay founder says Vietnamese BNPL startup is up for sale]( Launched in 2020, Ree-Pay targets professionals in the country who do not have credit cards or want to get quick access to credit. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [A watch list of tech investors caught in the US-China trade war]( Following Sequoia Capital’s spinoff of its China business last month, here’s a list of US- and Europe-based investors who have stakes in China. ---------------------------------------------------------------  TECH IN ASIA'S FOUNDERS MEETUP: THAILAND  Come aboard and discover how you can navigate through the challenges of your startup journey Are you a founder seeking solutions to your startup’s most pressing issues? Or are you someone who can offer your own expertise to help others overcome their roadblocks? No matter which one applies to you, mark your calendar for July 26 and join us in the heart of Bangkok at theCOMMONS to connect, learn, and exchange ideas with fellow founders from the Tech in Asia community. Why navigate the startup journey alone when you can collaborate with other founders and break through barriers together? Limited seats are available - act fast and secure yours [here](. Tickets are on sale at US$12.50 each, inclusive of light bites and one complimentary drink. Don’t miss it! Special thanks to our official event partners - AWS, CleverTap, Cooley, D.Camp, Sinarmas Land, Singapore Global Network (SGN), Quest Ventures,and Purple Quarter - and our community partners - WeWork, Gobi Partners, and Startup Thailand - for making this meetup possible. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Founders Meetup: Thailand on July 26]( Want to be where Thailand’s founders converge? Join us at our networking event, which will be held on July 26 at theCOMMONS, Thonglor, 335/1 Sukhumvit 55 Klongton Nua, Wattana, Bangkok 10110 from 5:30 p.m. to 7:30 p.m. - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your early bird tickets. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this form](. Our team will get back to you by the next business day. - MindOS - [AI Agent Creator Platform MindOS Launches Open Beta]( Customizable AI agent creator platform MindOS is now open to all users. The open beta launch came as MindOS rolled out 6 new features. - CryptoCloud - [CryptoCloud Crypto Payment Gateway Now Available in The Philippines]( CryptoCloud is now processing cryptocurrency payments for businesses in the Philippines. That's excellent news for business owners in the country. - Averett - [Innovative 360 Video Conferencing: Redefining the Standard with 4K Resolution, AI Tracking, and Plug-and-Play Functionality]( Introducing the new Kandao 360-degree 4K all-in-one conferencecam. 4K HDR video, AI speaker tracking, and plug-and-play. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Finance Manager - Fintech - Philippines]( at Trusting Social Manila, Philippines - [GIS Developer]( at Koltiva Jakarta, Indonesia - [Community Intern (Mommies Daily of Female Daily Network)]( at Female Daily Network Jakarta, Indonesia - [Learning Operations Manager]( at RevoU Jakarta, Indonesia - [Digital Marketing & Crisis Mgmt. Manager]( at Sagara Technology Group Jakarta, Indonesia - [Corporate Secretary]( at PT Bimasakti Multi Sinergi Sidoarjo, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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