On location

Ant International, Grab, and StraitsX (part of Fazz) have on Thursday announced a collaboration to look into the potential for Purpose Bound Money (PBM) to be applied to cross border payments. If successful, this advancement in cross border payment capabilities will expand PBM use cases with the aim of launching in Singapore in 2024.

Supermom, a Singapore-based parenting networks backed by AC Ventures, has announced the launch of a new initiative committed to helping small businesses develop. The tie-up is set to facilitate market entry to Indonesia for 25 Singapore-based family-centric brands.

Pakistan-based FinTech platform JazzCash and Pakistan’s venture capital (VC) company Fatima Gobi Ventures (FGV) have announced a strategic partnership that is poised to have a massive impact on advancing the growth of startups and budding businesses in the country.

Binance Labs, the venture capital and incubation arm of Binance has invested in $ARKM, the native token of Arkham. Binance Labs said in a statement on Wednesday that Arkham is an artificial intelligence (AI)-powered blockchain intelligence and data platform that provides granular information and visualization tools for on-chain activity.

The competition featured unconventional semi-finals conducted on Singapore River bumboats - a groundbreaking first for the global startup arena.

Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said.

Carsome “makes adjustments to its workforce where necessary,” the company said in an emailed response to Bloomberg's questions, declining to comment on specific numbers. “We remain committed to investing in all of our current markets and plan to accelerate profitable growth in 2024.”

At the #SingaporeFinTechFestival 2023, we learn how innovations are rewriting the narrative of financial empowerment, enabling a future where everyone, regardless of their geographical or socio-economic background, will have access to essential financial tools and services.

The Monetary Authority of Singapore (MAS) has on Thursday launched Gprnt (Greenprint), an integrated digital platform that harnesses technology to simplify how the financial sector and real economy collect, access and act upon environmental, social and governance (ESG) data to support their sustainability initiatives.

Hong Kong-based game software firm Animoca Brands, Amazon cloud computing platform Amazon Web Services (AWS), and United States-based software solutions provider Polygon Labs have on Thursday announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and…