SEA SaaS Tracker: iPay88, Kargo Technologies, and Zoho One Updates

iPay88 (now ADAPTIS / NTT DATA Payment Services)

• Nov 13, 2024: GHL Systems Berhad rebranded as NTT DATA Payment Services Sdn Bhd following NTT DATA's 2024 acquisition of GHL.
• Feb 20, 2025: iPay88 (M) Sdn Bhd legally renamed to NTT DATA eCommerce Solutions Sdn Bhd.
• 2025: NTT DATA Payment Services launched ADAPTIS, a unified payment brand consolidating iPay88 and eGHL, debuting in Malaysia before rolling out to Thailand and the Philippines later in 2025.
• Full merchant migration to the ADAPTIS brand was targeted for completion by March 2026.
• Checked Jul 5, 2026: iPay88's merchant integration docs (EasyStore, SiteGiant) now list the connector as "ADAPTIS (formerly known as iPay88)"; the iPay88 brand name is being phased out in merchant-facing materials.
• No published change to per-transaction pricing found between May 6 and Jul 5, 2026. FPX (~1.4% + MYR 0.50), DuitNow QR (0.7-1.0%), and card acceptance (2.4-2.8%) rates match the prior listing.
• Local integrations unchanged: FPX, DuitNow QR, Touch 'n Go, GrabPay, Boost, ShopeePay Malaysia.
• Database action item: this listing is tracked under the "iPay88" slug; flag for a rename/merge to "ADAPTIS" given the brand transition is now substantially complete.

Kargo Technologies

• Dec 5, 2025: Kargo Technologies announced an EV-based logistics partnership program alongside a refreshed brand identity, targeting 500 EVs deployed in 2025 scaling to 2,500 EVs by 2026, part of an "Electrified Silk Road" plan to fully electrify operations by 2035.
• Confirmed EV fleet clients: Sea Group's SPX Express, quick-commerce firm Astro, and AirAsia's Teleport delivery unit.
• 2026 rollout status as of this check: EV pilot testing underway in Indonesia; a Malaysia pilot is planned by end of 2026, with Singapore and Thailand pilots planned later in the year.
• No new subscription pricing tier disclosed. Kargo Nexus remains custom-quoted (no public starting price), unchanged from the prior listing.
• No Shopee, TikTok Shop, VietQR, PromptPay, or GCash integration announcements found for Kargo Technologies in the May 6 - Jul 5, 2026 window.
• Note: a $42M "Kargo" Series B / AI warehouse funding story circulating in June-July 2026 press traces to a separate, similarly named company (a US ad-tech/warehouse firm); it does not reference Jakarta-based Kargo Technologies and was excluded from this entry.

Zoho One

• No SEA-specific pricing change identified between May 6 and Jul 5, 2026. Confirmed current pricing: All Employee plan at $37/employee/month (annual) or $45/employee/month (monthly); Flexible User plan at $90/user/month (annual) or $105/user/month (monthly) - unchanged from the prior listing.
• Zoho's own "What's New" changelog for Zoho One (zoho.com/one/whats-new.html) shows no entries dated after March 2026 as of this check. Latest logged update: new Zoho Payroll country editions (Canada, Bahrain, Qatar, Oman, Kuwait) added Mar 2026.
• Zia, Zoho's AI assistant, remains bundled at no additional cost across 45+ apps; no new standalone AI module or enterprise tier launch dated within the tracking window.
• Existing SEA integrations unchanged: Shopee, Lazada, TikTok Shop (ecommerce); LINE, WhatsApp, Facebook Messenger (messaging).
• Follow-up flag: Zoho's public changelog page may lag behind shipped releases; re-check after Apr-Jun 2026 entries are indexed.