News
Philippine OneLot raises $3.3M in funding co-led by Accion Ventures and 468 Capital
OneLot, the Philippines’ financing platform for used car dealers, has raised $3.3 million in seed funding to expand affordable financing and digital tools for independent dealerships.
GFTN Capital partners Accion to advance inclusive FinTech
GFTN Capital Pte. Ltd., a growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Tuesday a strategic alliance with Accion, a global nonprofit that supports innovative financial service providers in building a more inclusive world.
MAS and UK FCA announce partnership on AI-in-Finance
The Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) have on Wednesday announced a new strategic partnership on artificial intelligence (AI) in Finance between Singapore and the United Kingdom (UK).
Finmo, Standard Chartered team up to integrate global currency accounts
Finmo, the Singapore-based treasury operating system firm, has partnered with Standard Chartered, an international banking group, to launch global currency account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.
Petronas, Enilive and Euglen team up to launch new biorefinery in Pengerang Johor of Malaysia
Pengerang Biorefinery Sdn. Bhd., a joint venture between Petronas, Enilive S.p.A and Euglena Co., Ltd, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia.
Singapore’s TGV hits two major portfolio milestones – Forge Global’s $660M acquisition; Animoca Brands’ planned Nasdaq listing
True Global Ventures (TGV), the Singapore-based global venture capital firm investing in artificial intelligence (AI) and blockchain technology companies, have celebrated a historic week in the United States as Forge Global's $660 million acquisition and Animoca Brands' planned Nasdaq listing mark defining moments for the firm's Funds 4 and 5.
Singapore’s Anomaly Bio raises $2.6M in pre-seed funding led by Pebblebed Ventures
Singapore-based biotech startup Anomaly Bio has raised $2.6 million in pre-seed funding led by the United States-based Pebblebed Ventures.
Singapore’s Transcelestial gets $9.7M funding to accelerate laser communications deployment across Japan
Singapore-based wireless laser communications technology firm Transcelestial has expanded its total funding to $34.7 million with an additional close of its latest round of $9.7 million.
Sea’s revenue jumps 38.3 percent on year in third quarter
Sea Limited, the Singapore-based tech giant, announced Monday its revenue soar 38.3 percent year on year to $6 billion in the third quarter, underpinned by growths across all sectors.
Aster and Aether Fuels partner on the first next-generation commercial sustainable aviation fuel plant in Singapore
Aster, a provider of energy and chemical solutions in Southeast Asia, and Aether Fuels (Aether), a sustainable aviation fuels (SAF) producer, have on Tuesday signed an agreement to develop the first next-generation, commercial-scale SAF production facility in Southeast Asia at Aster Pulau Bukom in Singapore.
