Swingvy claims to serve over 5,000 firms across Kuala Lumpur, Singapore, Taipei and Seoul.
The deal size is $153 million, The Sunday Times reported.
Fave also acquired Groupon Singapore in 2017.
Authorities in at least six countries are investigating alleged graft and money laundering at 1MDB.
Some minority shareholders of Fortis have appealed to Sebi to issue directions to Malaysia's IHH Healthcare to pay interest to shareholders for the de
The round brings the startup's total funding to close to $10 million.
GOJEK has already launched its services in Vietnam, Thailand and Singapore.
Policy & Regulations
With the addition of the new ECF and P2P financing players, there are now 21 market-based financing platform operators registered in Malaysia.
Censof Holdings Bhd unit picked up a 51 per cent stake in Netsense Business Solutions for $310,000.
DXN shareholders, including PE firm KV Asia Capital, are working with an adviser on the proposed deal.
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