trive

TRIVE announces partnership with ICON Foundation – [Press release]

TRIVE partners with ICON Foundation with the goal of educating, equipping, and empowering the regional startup and blockchain community.

TRIVE is an early-stage Southeast Asia region focussed Venture Capital firm that invests in technology startups from Seed to Series A. ICON is a Switzerland-based company boasting independent blockchains and aiming to build a decentralised network that allows independent blockchains with different governances to transact with one another without intermediaries.

This partnership will see TRIVE and ICON co-developing ICON-focussed blockchain courses to be taught through TRIVE’s programming schools, Upcode Academy Singapore and Coder School Vietnam.

Also read: Learn how Myanmar is set to become the next mobile-first success story at Echelon

“Our mission has always been to create value for startups beyond just providing funding. This strategic partnership further reinforces our mission and helps us be more relevant in the era of the blockchain. We look forward to working closely with ICON to support the blockchain ecosystem in Southeast Asia,” said Yi Ming Ng, Partner at TRIVE, in a press release.

“The partnership with TRIVE will allow ICON to not only educate the public on blockchain technology, but also expand ICON’s ecosystem and community. Singapore and Vietnam are at the center of blockchain innovation in Southeast Asia, and we are excited to work with TRIVE to further realise the full potential of blockchain in this region,” said JH Kim, Foundation Council Member of ICON.

Development for ICON specific blockchain curriculum is underway and is expected to be available later this year.

Kwese iflix launches in Zimbabwe – [Press release]

Kwese iflix has launched a digital entertainment mobile platform in Zimbabwe. Kwese iflix is a joint venture between pan-African company Econet Media and Malaysia-headquartered media and entertainment company iflix.

The Kwese iflix mobile app will give Econet Wireless mobile subscribers in Zimbabwe access to a wide variety of on demand content including live coverage of all 64 FIFA 2018 World Cup games.

“This is a significant milestone for iflix. Together with Econet Media, Africa’s top media company, we have created a platform specifically for African users, that makes every match of the World Cup available to users across the country on any mobile device of their choice,” said Mark Britt, iflix Co-Founder and Group CEO, in a press release.

“Africa is one of the most dynamic and exicting mobile markets in the world. We are thrilled to premier our Kwese iflix service to Econet Wireless customers, giving them their favourite premium content and more, on demand, on any device, unlike ever before,” added Britt.

The Kwese iflix streaming service is available to users who download the app and subscribe to any of the service’s subscription plan.

SG Entrepreneur acquires FX Trade Financial and BitTrade – [Dealstreet Asia]

Singapore-based real estate entrepreneur Eric Cheng has acquired 100 per cent stake in Japanese licensed companies FX Trade Financial and BitTrade, according to a report by Dealstreet Asia.

FX Trade Financial is a Japanese forex trading platform while BitTrade is one of the only 16 regulated and Japanese government-approved crypto currency trading platforms.

The acquisition, amounting to US$50 million, gives Cheng controlling stake in the two firms.

PHI Integration raises seed funding – [e27]

Indonesian data management and analytics startup PHI Integrations has announced that it has raised an undisclosed seed funding round from East Ventures and Skystar Capital.

The startup said that the funding will be used to execute the company’s #DataDrivenIndonesia vision.