AGP Executive Report
Last update: 5 hours agoLeadership Shake-Up in Big Tech: Meta named Indian fintech founder Kunal Shah as the new CEO of WhatsApp, as Will Cathcart steps down; the move comes alongside a $900 million funding round for Shah’s CRED, underscoring Meta’s push to monetize WhatsApp beyond ads. Startup Growth & Recognition: UK golf accessories startup Swiftee Golf (Eprocom) won the North West title at the UK StartUp Awards 2026 and will represent the region at the national final. Payments & Fintech Expansion: TransferMate partnered with Raindrop Systems to embed global payment capabilities into source-to-pay workflows, aiming to let CFO teams source, invoice and pay without switching tools. Enterprise AI & Security: IBM and OpenAI announced a partnership to strengthen enterprise security workflows with AI, while Teqtivity launched a free DORA ICT asset readiness assessment tool for financial firms. SME & Entrepreneurship Support: Malaysia’s SUM MEGA 2026 drew 6,877 participants and earned a Malaysia Book of Records nod for the largest student participation in an entrepreneurship seminar. Investment Acceleration in Asia: Thailand launched FastPass, coordinating eight agencies to cut approval and licensing timelines and unlock more than $21B in strategic high-tech investment.
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