News

Singapore-based fintech company Finmo has received approval from the UK Financial Conduct Authority (FCA) to operate as an Authorized Electronic Money Institution (EMI).

Singapore's state-owned fund Temasek announced Wednesday that it has reported a net portfolio value (NPV) of S$434 billion ($339 billion) for the financial year ended 31 March 2025, up S$45 billion ($35.13 billion) from a year ago.

Sunday, an InsurTech based in Thailand, is working with Salesforce, the global artificial intelligence (AI) customer relationship management (CRM) firm, to centralize operations, personalize engagement for over 330,000 customers, and scale their business using solutions including Sales Cloud, Service Cloud, Tableau and Slack.

NUS Enterprise, the entrepreneurial arm of the National University of Singapore, has appointed Dr Patrick Ennis and Donna See as strategic advisors to support its next phase of growth in innovation and deep-tech commercialization.

Bunjang, a South Korea's customer-to-customer (C2C) secondhand marketplace platform, has reaffirmed its commitment to Singapore as a strategic growth engine in its broader Asia strategy.

Curlec by Razorpay, Malaysia’s FinTech payment gateway, has forged a strategic partnership with ShopBack, Singapore’s platform for shopping, rewards, and payments, to support reward-driven checkout for Malaysian businesses and shoppers.

Sirsak, an Indonesia-based business to business (B2B) packaging waste management startup, has raised $600,000 in pre-seed funding to expand its flagship Packaging Recovery Program (PRP) technology and accelerate packaging waste collection and recycling across Indonesia.

Managing director Amirul Feisal Wan Zahir said the discussions focused on how Malaysian, French and Italian companies could work together amid shifting global geopolitical dynamics.

Singapore-based health tech firm Rebee Health has raised investment from Malaysia-based venture capital firm 1337 Ventures to expand digital physiotherapy solutions.

The Selangor Information Technology and Digital Economy Corporation (Sidec) has officially launched the 2025 edition of its Selangor twin accelerator program, a dual-track initiative aimed at scaling Malaysia’s most promising startups and small and medium-sized enterprises (SMEs) across deep tech and consumer-focused industries.