Technology

Technology

Quest Ventures, ScaleUp Malaysia invest in 11 firms

Women founders took center stage as ScaleUp Malaysia and Quest Ventures announced the selection of the Top 11 companies in their second cohort. Image credit: Quest Ventures
ScaleUp Malaysia Managing Partner Tay Shan Li says it was a tough decision to pick the Top 11. Image credit: Quest Ventures

Women founders took center stage as ScaleUp Malaysia and Quest Ventures announced the selection of the Top 11 companies in their second cohort. Sixty-five percent of the scaleups selected consisted of women founders. Quest Ventures and ScaleUp Malaysia disbursed a total amount of RM2,750,000 (US$680,185) in investments for Cohort 2. These companies will receive an investment of RM250,000 (US$61,844) each to grow their business regionally in their #Quest2Scale.

“We had some amazing companies joining us as part of this cohort and we are proud of how far each of them has progressed in the program. This was a very difficult decision but ultimately, the investment committee selected the companies that they believed had the potential to grow their business regionally with the support of our partner, Quest Ventures,” said ScaleUp Malaysia Managing Partner Tay Shan Li in a press statement.

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Technology

Indonesian fintech Xendit raises US$64.6M Series B

Indonesian fintech Xendit, which recently launched its Philippine operations, has raised US$64.6 million in a Series B round led by Accel, with added support from YCombinator. Image credit: Screenshot of Xendit site
Image credit: Screenshot of Xendit site

Indonesian fintech Xendit, which recently launched its Philippine operations, has raised US$64.6 million in a Series B round led by Accel, with added support from Y Combinator. Xendit is the first Indonesian company to go through Y Combinator’s accelerator program and was named one of Y Combinator’s top 100 companies of 2021.

“Southeast Asia is a massively complex region, with Indonesia having 17,000 different islands alone — not to mention the region’s regulatory and technological challenges. Trying to build the businesses of tomorrow on yesterday’s infrastructure is holding Southeast Asia’s businesses back. This latest investment will enable Xendit to scale our digital payments infrastructure quickly and provide millions of small and medium-sized businesses across Southeast Asia with an on-ramp to the digital economy,” said Xendit CEO and Co-Founder Moses Lo in a press statement.

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Technology

UNO: AI-first digital bank eyes pilot launch in PH

An AI-first approach to digital banking is what UNO from Singapore-based DigiBankASIA is promising as it works with regulators for the pilot launch in the Philippines. Image credit: Screenshot of UNO site
Image credit: Screenshot of UNO site

An AI-first approach to digital banking is what UNO from Singapore-based DigiBankASIA is promising as it works with regulators for the pilot launch in the Philippines. The Singapore fintech has partnered with The Netherlands-headquartered IT consulting and digital technology company Xebia for the launch of what it touts as Asia’s first full-spectrum digital bank, with the brand names UNO and UNObank.

“We have found a high-tech engineering partner in Xebia whose approach aligns well with UNObank’s objective of a highly personalized, AI-first, fully composable, cloud-native, full stack digital bank,” said UNO CEO and Co-Founder Manish Bhai in a press statement.

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Technology

Globe Business launches network virtualization platform

Globe Telecom -- through its enterprise arm Globe Business -- made a historic mark as the first telco to launch network virtualization in the Philippines. Image credit: Globe Telecom
Image credit: Globe Telecom

Globe Telecom — through its enterprise arm Globe Business — made a historic mark as the first telco to launch network virtualization in the Philippines. Using the telecom company’s Network Function Virtualization Orchestrator (NFVO), businesses across the country can now set up their Software-Defined Wide Area Network (SD-WAN) requirements virtually, along with a symphony of cybersecurity and communications applications.

“Before NFVO came to fruition, companies were required to install multiple hardware to get their network running seamlessly. With the limitations caused by COVID-19 and the ever-rising demand for internet connectivity, it became apparent that virtualization would be the next step to revolutionize networks,” said Senior Vice President for Globe Business Peter Maquera in a press statement.

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Technology

Personal health technologies embraced by more Filipinos

Personal health technologies, such as the Pulse digital healthcare app of Pru Life UK, are becoming more popular.
Personal health technologies, such as the Pulse digital healthcare app of Pru Life UK, are becoming more popular.

The Pulse of Asia – The Health of Asia Barometer report shows that 79% of Filipino respondents currently use personal health technologies like smart watches, fitness trackers, and digital health platforms.

Even while embracing personal health technologies, however, Filipinos also topped the Association of Southeast Asian Nations region as patients who prefer in-person consultations (36%). The report also shows the Philippines ranking fourth among 13 Asian markets in overall health perception, with more than half of Filipinos (57%) being optimistic about their health.

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Technology

Cancer charity leverages Boomi integration platform

A cancer charity is finding new fundraising opportunities by integrating and automating using the Boomi platform. Image credit: Boomi
Image credit: Boomi

By integrating and automating using the Boomi platform, the New South Wales (NSW) arm of Australia’s leading cancer charity is finding new fundraising opportunities.

“From patient support, to research and retail, we offer so many services across NSW, making it critical to have the right building blocks in place to maintain visibility across our operations,” said Cancer Council NSW Chief Information Officer Frances Waterford in a press statement.

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Science, Technology

Climate crisis: IBM pledges net zero greenhouse gas emissions by 2030

IBM has announced that it will achieve net zero greenhouse gas emissions by 2030 to further its decades-long work to address the global climate crisis.  Image credit: IBM
Image credit: IBM

IBM has announced that it will achieve net zero greenhouse gas emissions by 2030 to further its decades-long work to address the global climate crisis. The company will accomplish this goal by prioritizing actual reductions in its emissions, energy efficiency efforts, and increased clean energy use across the more than 175 countries where it operates.

“I am proud that IBM is leading the way by taking actions to significantly reduce emissions. The climate crisis is one of the most pressing issues of our time. IBM’s net zero pledge is a bold step forward that strengthens our long-standing climate leadership and positions our company years ahead of the targets set out in the Paris Climate Agreement,” said IBM Chairman and CEO Arvind Krishna in a press statement.

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Technology

PLDT, Smart tapped for PH quincentennial activities

The National Historical Commission of the Philippines (NHCP) and the National Quincentennial Committee (NQC) have tapped Philippine telco PLDT and its wireless subsidiary Smart Communications to help implement and promote the virtual activities lined up for the 2021 Quincentennial Commemorations. Image credit: PLDT/Smart
Image credit: PLDT/Smart

The National Historical Commission of the Philippines (NHCP) and the National Quincentennial Committee (NQC) have tapped Philippine telco PLDT and its wireless subsidiary Smart Communications to help implement and promote the virtual activities lined up for the 2021 Quincentennial Commemorations in the Philippines.

“We are fully committed to continue our network buildout to improve the quality of our service and to keep communities connected despite the challenges of the pandemic. Through our sustained network expansion efforts and this collaboration with the NHCP and NQC, more people across the country and all over the world will be able to take part in important milestones of our nation’s history. We at PLDT and Smart are deeply grateful to the NHCP and the NQC for making us part of this historic celebration,” said PLDT Chairman and CEO Manuel V. Pangilinan in a press statement.

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Technology

OPPO offers Reno5, partners with Tinder for perfect date

Not only can you already pre-order the OPPO Reno5 series in the Philippines until Feb. 19, but also OPPO has partnered with Tinder to give you the chance to score the perfect date beyond love month. Image credit: OPPO
Image credit: OPPO

Not only can you already pre-order the OPPO Reno5 series in the Philippines until Feb. 19, but also the smartphone maker has partnered with Tinder to give you the chance to score the perfect date beyond love month.

The OPPO Reno5 series is now available for pre-order via OPPO concept and online stores, partner dealers, and exclusive e-commerce partners Shopee and Lazada. The latest in the Reno series comes in two variants, the Reno5 4G and Reno5 5G, which are priced at Php18,999 and Php23,999, respectively.

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Technology

Online teaching: How EdVision is empowering educators

To help the Philippine education sector transition to online learning, Lenovo has developed EdVision in collaboration with Microsoft to expand online teaching capabilities. Image credit: Lenovo
Image credit: Lenovo

To help the Philippine education sector transition to online learning, Lenovo has developed EdVision in collaboration with Microsoft to expand online teaching capabilities.

“Lenovo makes sure that the learning experiences of students are prioritized even as learning has moved to digital. We address the struggles of the teachers as we believe that they play a crucial role in maintaining quality education through the online platform. It may be tough, but with the right tech and support from education institutions, both teachers and students can achieve the optimal distance learning experience even amid the pandemic,” said Lenovo Philippines President and General Manager Michael Ngan in a press statement.

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Technology

Safer Internet Day 2021: Enjoy a safer Twitter experience

Today, Feb. 9, is Safer Internet Day. Safer Internet Day has grown from being a European event in 2004 to being celebrated globally. Image credit: Twitter
Image credit: Twitter

Today, Feb. 9, is Safer Internet Day. And just as Safer Internet Day has grown from being a European event in 2004 to being celebrated globally, Twitter has also become a global service.

Twitter is joining safety partners from over 140 countries to mark #SaferInternetDay2021 and play its part in creating a safer internet for all. In the Philippines, it is hosting a 280-character panel discussion together with Plan International Philippines (@planphilippines), ECPAT Philippines (@ECPATPh), and UNICEF Philippines (@unicefphils) on Feb. 9, 6-7 PM. This #OnlyOnTwitter discussion will highlight the community’s role in promoting a safer internet, and share digital literacy resources to help keep people safe online.

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Technology

Globe taps Viber Communities to localize digital care

As Filipinos build more online communities, Globe has innovated localized Viber Communities to deliver a targeted and more focused servicing. Image credit: Globe Telecom
Image credit: Globe Telecom

As Filipinos build more online communities, Globe Telecom has innovated localized Viber Communities to deliver a targeted and more focused servicing.

According to the latest data from Hootsuite and We Are Social, 80.7% of the Philippine population are on social media, with 65.4% using it to learn more about and communicate with brands. Viber is one of the instant messaging platforms popularly utilized by consumers.

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