Singapore
Temasek joins fintech firm iCapital’s $820M funding round
ICapital, the global fintech company, announced Thursday it has raised over $820 million with the completion of its latest financing round, bringing the company’s valuation to over $7.5 billion.
Singapore-founded Airalo becomes the first eSIM unicorn with an investment round of $220M
Airalo, a Singapore-founded eSIM provider, announced Thursday a $220 million investment led by new investor, CVC.
Singtel subsidiary NCS launches $102M AI transformation initiative across Asia Pacific
As artificial intelligence (AI) is becoming fundamental to drive transformation, Singtel's subsidiary NCS announced Thursday a S$130 million ($102 million) investment over three years to lead change across Asia Pacific (APAC).
Singapore’s EdTech platform Geniebook achieves profitability; expands with acquisitions
Singapore-based EdTech firm Geniebook has achieved three straight quarters of profitability and expands its hybrid strategy with two major acquisitions.
ShopBack secures MPI license from MAS for digital payments
ShopBack, a Singapore-based shopping, rewards, and payments platform, announced Tuesday that it has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS) for digital payments.
Japan’s SMFG appoints Mazhari as groupwide AI transformation advisor; jointly launch Agentic AI venture in Singapore
Japanese multinational financial services group Sumitomo Mitsui Financial Group, Inc. (SMBC Group) announced Tuesday it will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide artificial intelligence (AI) strategy and integration.
Singapore fintech firm Finmo secures UK EMI license, expands global footprint
Singapore-based fintech company Finmo has received approval from the UK Financial Conduct Authority (FCA) to operate as an Authorized Electronic Money Institution (EMI).
Temasek’s net portfolio value grows to record high of $339B
Singapore's state-owned fund Temasek announced Wednesday that it has reported a net portfolio value (NPV) of S$434 billion ($339 billion) for the financial year ended 31 March 2025, up S$45 billion ($35.13 billion) from a year ago.
BDx Data Centers launches Southeast Asia’s first hybrid quantum AI testbed in Singapore with Anyon Technologies
BDx Data Centers (BDx), a carrier-neutral data center platform based in China, has launched Southeast Asia’s first hybrid quantum artificial intelligence (AI) testbed in collaboration with Anyon Technologies, a Singapore-based large-scale quantum computing systems firm.
NUS Enterprise appoints global innovation experts to advance innovation and research translation efforts
NUS Enterprise, the entrepreneurial arm of the National University of Singapore, has appointed Dr Patrick Ennis and Donna See as strategic advisors to support its next phase of growth in innovation and deep-tech commercialization.
