Singapore

Embed Financial Group to go public through $425M business combination deal with WinVest

Embed Financial Group Cayman Holdings (EFGH), a Singapore-headquartered Finternet infrastructure company operating across emerging markets in Africa and Asia, announced Wednesday that it has entered into a definitive business combination agreement (BCA) with WinVest Acquisition Corp. (WinVest), a publicly traded special purpose acquisition company.

Circle collaborates with Pismo, Visa to launch Vietnam’s first AI-powered PayLater card

Circle Asia Technologies, a credit-led neobank based in Singapore, has announced a strategic collaboration with digital payments firm Visa and fintech firm Pismo, to launch Vietnam’s first artificial intelligence (AI)-powered PayLater card.

Singapore’s Horizon Quantum becomes first quantum software firm to own and operate a quantum computer

Horizon Quantum Computing Pte. Ltd., the Singapore-based software infrastructure for quantum applications, announced Wednesday that it has completed the assembly and integration of a first quantum computer at its Singapore headquarters, and the system is now fully operational.

Equinix inks third solar agreement in Singapore to boost clean energy

Equinix, Inc., the global digital infrastructure company, has signed a solar energy power purchase agreement (PPA) in Singapore with ESR-TEPCO SINGAPORE ASSETCO ALPHA PTE. LTD. (ASSETCO).

Digital Realty, BW Digital partner to support expansion of cross-border connectivity between Singapore and Batam

Digital Realty, the global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, has announced a partnership with BW Digital to strengthen cross-border data center (DC)-to-DC connectivity between Singapore and Indonesia.

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.