Singapore

Credit Saison launches $50M blockchain-focused venture capital fund

Japan-based venture capital firm Credit Saison has established “Onigiri Capital,” a fund specializing in blockchain investments, through its Singapore-based subsidiary, overseas corporate venture capital (CVC).

China’s Huize secures MAS license in Singapore for insurtech Poni

China-based Huize Holding Limited, through its international brand Poni Insurtech, announced that Poni Financial Advisory Pte. Ltd. has been licensed by the Monetary Authority of Singapore as a Financial Adviser and Exempt Insurance Broker.

Singapore’s Thunes partners barq to launch enhanced remittance services across Saudi Arabia

Thunes, the Singapore-based fintech firm, and barq, the digital wallet in Saudi Arabia, have announced the launch of barq’s enhanced remittance services to millions of consumers across the Kingdom.

65 Equity Partners-backed AvePoint announces dual listing on SGX to continue global expansion

AvePoint, the 65 Equity Partners-backed global data security firm, announced Thursday its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX).

Singapore-based biotechnology company Terra Oleo raises $3.1M funding

Terra Oleo, a Singapore-based biotechnology company, announced Thursday its emergence from stealth with $3.1 million in funding from a group of investors, and support from Breakthrough Energy’s prestigious Fellows Program.

Princeton Digital Group taps Flexidao and Tata Power for sustainable Mumbai data center

Princeton Digital Group (PDG), the Singapore-based data center provider, announced Thursday its partnership with Flexidao and Tata Power Renewable Energy Limited (TPREL), one of India’s largest renewable energy companies, to pioneer the implementation of time-matched, carbon-free energy (CFE) consumption at its 150MW MU1 data center in Mumbai.

Ant International joins Google’s Agent Payments protocol as a launch partner

Ant International, a global provider of digital payments, digitization, and financial technology, announced Wednesday its role as a launch partner of Google to develop Agent Payments Protocol (AP2), an open rulebook that defines how artificial intelligence (AI) agents can reliably transact with the authorization of users.

Switzerland QuantumAI ecosystem builder QAI Ventures launches APAC headquarters in Singapore

QAI Ventures, the Switzerland investor and ecosystem builder in quantum tech and advanced computing technologies, announced Thursday the launch of its operations in Singapore, establishing its Asia-Pacific headquarters.

Maya Bank, Atome forge $48M loan channeling partnership to expand access to credit in the Philippines

Singapore-based digital finance platform Atome and Philippine digital banking leader Maya Bank have entered a ₱2.75 billion ($48 million) loan channeling partnership in the Philippines to expand access to credit for millions of Filipinos.

DBS, Franklin Templeton team up with Ripple on tokenized fund solutions

Singaporean bank DBS, American multinational investment management Franklin Templeton and technology firm Ripple are partnering to provide accredited and institutional investors with innovative trading and lending solutions, powered by tokenized money market funds on the XRP ledger blockchain and stablecoins such as Ripple USD (RLUSD).