Singapore
SGInnovate: Singapore’s early-stage emerging tech startups total funding up 59 percent on year to $402M in 2023
Singapore’s early-stage emerging tech startups saw an uptick in funding in 2023, with total funding climbing to $402 million in 2023, up 59 percent from $253 million in 2022, SGInnovate said Tuesday.
Igloo inks partnerships with Zalopay, Lotte Finance, OPES, FE Credit to expand insurance excess in Vietnam
Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.
Singapore’s Thunes acquires US payments platform Tilia LLC
Thunes, a Singapore-based cross-border payments company, announced Tuesday it has signed a definitive agreement to acquire Tilia LLC, a United States-based all-in-one payments platform for gaming, to accelerate its growth in the US and its presence in the fast-expanding online gaming market.
Funding Societies partners SGeBIZ to bring embedded finance solutions for SMEs in Singapore
Funding Societies, the Singapore-based unified small and medium enterprises (SME) digital finance platform, has announced a strategic partnership with Singapore E-Business (SGeBIZ), a digital procurement, payment and sourcing platform provider, to bring business to business (B2B) embedded finance (EmFi) solutions to businesses in Singapore.
Gojek Singapore and ComfortDelGro Taxi ink cross-dispatch model partnership
Gojek Singapore and ComfortDelGro Taxi, Singapore’s largest taxi operator, have on Tuesday announced the official launch of their cross-dispatch model partnership.
SWAT Mobility secures $7.2M to fuel expansion across Asia
SWAT Mobility, a Singapore-based provider of artificial intelligence (AI)-powered vehicle routing solutions, has secured a total funding of $7.2 million in the latest round. SWAT Mobility said in a statement on Tuesday that this investment will fuel its expansion efforts across Asia, further solidifying its position in the region's mobility sector.
Toku to acquire Singapore-based AI-powered conversational CX platform AiChat
Toku, a Singapore-based provider of enterprise-grade cloud communications and customer experience (CX) solutions, has on Tuesday announced the intent to acquire AiChat, a Singapore-based artificial intelligence (AI)-powered conversational customer experience (CX) platform.
India-based real estate decarbonization platform Accacia raises $6.5M in pre-series A round led by Illuminate Financial
Accacia, a decarbonization platform focusing on the real estate and infrastructure sectors, has closed a $6.5 million in a pre-Series A round led by Illuminate Financial, a venture capital firm focused on enterprise fintech companies.
Singapore’s ComfortDelGro secures $73M from DBS to accelerate UK bus fleet decarbonization
Singaporean lender DBS and land transport firm ComfortDelGro Corporation (ComfortDelGro) have on Monday announced an SGD 100 million ($73 million) facility to decarbonize the global operator’s United Kingdom bus fleet.
MAS sets aside $26M to support upskilling Singapore’s financial services sector workforce in sustainable finance
The Monetary Authority of Singapore (MAS) has set aside SGUD 35 million ($25.7 million) in the Financial Sector Development Fund to support upskilling and reskilling, and develop specialists in sustainable finance over the next three years.
