Singapore

Singapore’s bolttech acquires Kenya’s mTek for East Africa expansion

Bolttech, the Singapore-based insurtech, announced Wednesday that it has acquired mTek, a digital insurance platform based in Kenya.

OCBC to add WeChat Pay for QR payments in China

Singapore bank OCBC will become the first Singapore bank to enable customers to scan-and-pay all merchant QRs in China through its Singapore mobile banking app.

UltraGreen.ai receives strong demand for $400M SGX IPO

UltraGreen.ai Limited, a Singapore-based fluorescence-guided surgery (FGS) space firm, has received strong investor demand for its $400 million initial public offering (IPO) in the Singapore Stock Exchange.

MoneyHero partners HashKey to expand Hong Kong digital asset wealth product offerings

MoneyHero Limited, a tech- and artificial intelligence (AI)-powered personal finance aggregation and comparison platform and a digital insurance brokerage provider in Greater Southeast Asia, has announced the expansion of its digital asset wealth product offerings through its new collaboration with HashKey Group, a Hong Kong-based digital asset company.

Singapore’s SynaXG raises over $20M funding to accelerate global AI-RAN

SynaXG Technologies, a deep-tech startup founded in Singapore, has recently successfully closed its first funding round of over $20 million.

Thunes Asia receives IPA to expand scope of MPI license from MAS

Singapore-based payment firm Thunes announced Thursday that it has received in-principle approval (IPA) for a variation of its major payment institution license (MPI) from the Monetary Authority of Singapore.

Temasek backs Black Forest Labs’ $300M Series B funding

Black Forest Labs, the category-defining visual intelligence company behind FLUX, announced Monday a $300 million Series B led by AMP and Salesforce Ventures, at a post-money valuation of $3.25 billion.

FinFan and Thunes forge strategic alliance to strengthen Vietnam’s cross-border remittance ecosystem

Vietnam-based fintech company FinFan and Singapore-based payment firm Thunes have signed a memorandum of understanding (MoU) for a strategic collaboration aimed at advancing the development of Vietnam’s cross-border remittance ecosystem.

person holding smartphone beside tablet computer

Ripple expands scope of payment activities in Singapore for its MPI license

Ripple, a global financial technology company providing crypto solutions for businesses, announced Monday that the Monetary Authority of Singapore (MAS) has approved an expanded scope of payment activities for the Major Payment Institution (MPI) license held by its Singapore subsidiary, Ripple Markets APAC Pte. Ltd. (RMA).

StarHub partners NeutraDC to strengthen regional Quantum-Safe connectivity

StarHub, a Singapore-based digital service firm, and NeutraDC, the data center arm of Telkom Indonesia, have teamed up to strengthen regional Quantum-Safe connectivity.