venture capital
The Cool Japan Fund (CJF) has made an investment of up to $12 million in Polisea, the Singapore-based InsurTech firm behind the "PolicyStreet" platform. The move is designed to bolster the digital infrastructure supporting Japanese exports across Southeast Asia, with a primary focus on the Malaysian market. PolicyStreet,
mergers & acquisitions
Amova Asset Management has announced a definitive agreement to acquire the remaining equity interest in AHAM Asset Management, moving to take full control of one of Malaysia’s leading fund management houses. In a strategic push to solidify its footprint in Southeast Asia, the Japan-headquartered firm will increase its stake
consumer finance
AEON Financial Services has submitted an amended securities report and other documents for the fiscal year ending February 2025 to the Director-General of the Kanto Regional Financial Bureau on July 31, 2025, and has also corrected its financial results summary, as detailed below. As announced on July 9, 2025, regarding
banking
AEON Credit Service reported a 14.9% year-on-year growth in revenue to MYR 599.92m in the first fiscal quarter ending 31 May 2025, compared to MYR 522.26m in the preceding year. AEON Credit Service was incorporated in December 1996, converted into a public limited company in February 2007,
ecommerce
Seedflex Technologies, a Singapore-based FinTech platform co-founded by two former Grab executives, has raised a $3.2 million seed extension round co-led by Z Venture Capital (ZVC), the corporate venture capital firm owned by LY Corporation, and Iterative. The funding also saw participation from existing investor 500 Global and strategic
ASEAN
The panel discussion emphasized the opportunities and challenges for startups in the Southeast Asian region. It highlighted the need for realistic valuations, strategic collaborations, a deep understanding of local markets, and a focus on long-term commitment in order to succeed in the region. In short, relationships are key in Southeast
lending
CARSOME Group, Southeast Asia’s largest integrated car e-commerce platform, and JACCS (Japan Consumer Credit Service), a global consumer finance company and a member of the Mitsubishi UFJ Financial Group, announced a strategic partnership via CARSOME Capital, the financing arm of CARSOME. As part of this strategic partnership, JACCS will