Singapore
Singapore’s Carro receives strategic investment from Woori for SEA expansion plans
Carro, a Singapore-based online used car platform, said Tuesday it has received strategic investment from Woori Venture Partners as the firm ramping up expansion plans in Southeast Asia (SEA).
Singapore’s Crypto.com teams up with Deutsche Bank for banking services
Singapore-based cryptocurrency exchange company Crypto.com announced Tuesday that Deutsche Bank will provide corporate banking services for Crypto.com in Singapore, Australia and Hong Kong, with a commitment to working closely to provide additional banking support and country coverage as the relationship progresses.
Singapore’s BECIS raises $53M to support growth in solar, bioenergy and new solutions
BE C&I Solutions Holding (BECIS) has on Monday announced $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments (represented by Berkeley Energy) and Siemens Financial Services.
From local to global: Singapore’s workforce sets its sights worldwide
As #Singapore’s economy continues to evolve, the country’s citizens are well-positioned to capitalize on the diverse employment opportunities available. Taking these steps to embrace the challenges and rewards of international careers will ensure Singaporeans can contribute to the country's ongoing success and establish their own global identities.
Singapore’s Omni HR raises $7.4M to fuel expansion
Singapore-based employee management platform, Omni HR, has on Monday announced it has recently closed $7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.
Rethinking Venture Capital: How Gobi Partners’ value-driven strategy achieved three exits in one year
Despite headwinds, Gobi Partners saw three of its portfolio startups exit over the last year, generating $350 million in total value with a 20x return on investment. The companies represent diverse sectors and exit strategies: e-commerce enabler Synagistics’ de-SPAC in Hong Kong, Mize’s acquisition by Korea’s Yanolja and Brite Semiconductor’s IPO on the…
MAS and ABS launch electronic deferred payment solutions in mid-2025
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.
Singapore’s Temasek establishes $7.5B wholly-owned private credit platform
Singapore's state investor Temasek has on Friday announced the formation of a wholly-owned private credit platform with initial funding of about S$10 billion ($7.47 billion).
Global Insurtech firm discovermarket expands into Latin America, launching in Brazil
With this expansion, discovermarket aims to transform the future of embedded insurance in the region by bringing innovative insurance solutions, technology, and expertise to Latin America’s rapidly evolving Insurtech landscape.
Australia and Singapore collaborate to support sustainable infrastructure and decarbonization in Southeast Asia
The Australian government has approved a $50 million investment into the Green Investments partnership (GIP) under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative.
