Kuala Lumpur, Malaysia, 22 September 2021 – Fivetran, the leading provider of automated data integration, today announced it has entered into a definitive agreement to acquire HVR, a leading provider of enterprise data replication technology. The acquisition will allow Fivetran to provide breakthrough database replication performance along with enterprise-grade security to address the massive market for modernizing analytics for operational data associated with ERP systems, Oracle databases, and more. 

Fivetran also announced it has raised a $565 million Series D round, consisting of new and existing investors. Andreessen Horowitz (a16z) led the round with participation from existing investors General Catalyst, CEAS Investments, Matrix Partners, and others, along with new investors ICONIQ Capital, D1 Capital Partners and YC Continuity. Fivetran has raised $730 million to date. The company is now valued at $5.6 billion. 

Kuala Lumpur, 22 September 2021: The Asian Institute of Chartered Bankers (AICB) today announced the appointment of Edward Ling Hsiao Wee as the new Chief Executive, effective 20th September 2021. Edward takes over from Prasad Padmanaban, who served the Institute for close to five years.  

AICB Chairman Tan Sri Azman Hashim said, “We are delighted to welcome Edward as the new AICB CEO. His vast knowledge and rich experience in the professional development and financial sphere, leading local and regional portfolios uniquely positions him to lead the Institute and help us serve the needs of our members and the banking industry during this period of rapid transformation.”     

Kuala Lumpur, 22 September 2021 - Back-to-School season is here for many countries worldwide! Around the world, families are readying their children with the proper gear for a successful school year. 

In keeping with the spirit of this exciting time, WorldRemit conducted a 10-country study to determine the true cost of education across a number of markets, mining data to compare average costs of basic educational needs with average annual incomes and fertility rates.