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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.
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.
GFTN Capital partners with SBI to debut $200M fund to fuel global innovation
GFTN Capital Pte. Ltd., a Singapore-based growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Wednesday a partnership with SBI Holdings and SBI Ven Capital Pte. Ltd. (SBI Ven Capital) to launch a $200 million global innovation fund.
HitPay, Yuno team up to expand local payment access across Asia Pacific
HitPay, a Singapore-based provider of local payment infrastructure in Asia Pacific, and Yuno, a global financial infrastructure firm, have formed a strategic partnership to simplify payments complexity for international merchants expanding into Asia.
Zetrix AI partners FMFF to boost digitalization of cross-border trade through ZTrade
Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, and the Federation of Malaysian Freight Forwarders (FMFF) have reaffirmed their commitment to jointly drive the full adoption of digital cross-border trade processing — beginning with the implementation of digital Certificates of Origin (COs) for trade between Malaysia and China.
MAS launches statement of support for the development of high-integrity energy transition credits
The Monetary Authority of Singapore (MAS) has on Monday released key insights from the Transition Credits Coalition’s (TRACTION) final report, and published a statement of support for energy transition credits.
