Issue #063: Food-tech pitches, tokenized real estate, BNPL in Japan, Singapore e-sports…

Asia’s tech, startup and funding news in brief, drawn from South & SE Asia, Australia & NZ, with wider-world items for reference. Get the app here

Alibaba Cloud x KrASIA Global Startup Accelerator unveil 10 tech startup finalists selected for today’s Demo Day — kr-asia.com

The inaugural Demo Day will be held on September 10, from 1:00 p.m. to 3:00 p.m. (GMT +8). Alibaba Cloud x KrASIA Global Startup Accelerator’s upcoming Hong Kong Demo Day is currently open…

Rabobank unveils 45 startups selected for Foodbytes! Pitch 2021, working in food-tech, supply chains and more — www.foodbusinessnews.net

Following a period of mentoring and coaching, a final 15 startups will be chosen to present in a live-streamed public pitch competition on Nov. 10. Three finalists will be named winners in their respective…

Japan: Paidy buy-now-pay-later fintech to be acquired by PayPal in $2.7BN deal, gaining 6M Paidy members — asia.nikkei.com

So far, PayPal’s focus for the Japanese market has been cross-border e-commerce payments for overseas products, and it has 4.3 million active accounts there. PayPal CEO Dan Schulman has…

“With a piece of real estate costing about the same price as a burger, tokenization…lowers entry barriers.” — www.blockdata.tech

Real estate tokenization is the process of partitioning real estate into many small pieces, called tokens. Whoever owns a token, owns a piece of the underlying asset. These tokens are created during a so-called STO (Security Token Offering), in which…

Future Finance: What’s happening in the world of open and decentralized finance

A quick-reference list of jurisdictions where a retail central bank digital currency is being explored — kiffmeister.blogspot.com

Retail CBDC is a broadly available general purpose digital payment instrument, denominated in the jurisdiction’s unit of account, that is a direct liability of the jurisdiction’s monetary authority. This table…

The 15 bank and fintech finalists selected for the Monetary Authority of Singapore’s Global CBDC Challenge — techwireasia.com

These finalists, which include financial institutions, fintech players, and technology solution providers, have been selected from over 300 submissions across 50 countries to move on to the next part…

Singapore’s TechStorm partners HK Cable Television for esports, tech & gaming on pay-to-view Cable TV — us.acrofan.com

TechStorm, Southeast Asia’s fastest growing 24/7 entertainment network brand on esports, gaming and tech thematic announces its inaugural launch…

40 Filipino Gen T listers, representing the country’s emerging entrepreneurs, leaders, tech voices and more — generationt.asia

The annual Gen.T List recognises 300 leaders of tomorrow who are shaping Asia’s future. They are the trailblazing entrepreneurs and creatives who are driving positive impact and catalysing change in…