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MyCash is an e-marketplace for unbanked migrants in Malaysia; raises US$556K in crowdfunding led by Cradle Fund

MyCash enables migrants to purchase products and services such as phone credits and bus tickets without using bank account, credit cards, or prepaid cards 

iflix appoints new Asia Marketing Director to strengthen branding in Asia

Jason Monteiro comes with 18 years of experience in the telecommunications sector 

MaGIC launches two programmes to help Malaysia corporates connect with startups

Corporate innovation in Malaysia is a problem, and MaGIC hopes these two programmes can help fix the issue 

Singapore Press Holdings partners RecomN Technologies to launch services matching portal

SPH will have a one-third stake in the joint venture for S$980,000 (US$708,000) 

HostelHunting raises Series A, aims to "aggressively" drive further regional growth

Student accommodation platform HostelHunting has recently expanded its operations to Singapore and Thailand 

Malaysian online classifieds company Frontier Digital Ventures invests in AutoDeal, Propzy

AutoDeal is a new car sales portal in the Philippines, and Propzy is a transaction-focused classifieds business in Vietnam 

Maybank launches fintech sandbox to help regional startups develop financial products

Maybank Sandbox will enable team members from different countries to collaborate on the same virtual environment 

Malaysian car portal Carsome raises US$6M to roll out more inspection outlets

The round was led by Gobi Partners, and joined by Lumia Capital, Innoven, and existing investors 500 Startups and Spiral Ventures 

Singapore O2O retailer Naiise to enter Malaysia, its first step outside of Lion City

Naiise has been a champion of #GoLocal and wants to bring the mantra to Malaysia (and eventually the UK) 

BEAM launches new platform to help startups raise funds, aims to get more private investors involved in startup funding

Called Dealflow, BEAM said that there are currently more than 30 venture capital and investment firms joining the platform