Singapore
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).
Carro raises $60M in funding round led by Cool Japan Fund
Carro, the Singapore-based online car marketplace, has raised $60 million in a round led by Japan's sovereign wealth fund Cool Japan Fund, to accelerate demand of Japanese cars across Asia Pacific.
South Korea’s Bunjang Global surpasses 2M monthly active users, accelerating K-recommerce growth across Singapore, APAC
Bunjang, South Korea’s tech-driven re-commerce platform, announced Wednesday that its global cross-border marketplace, Bunjang Global, has surpassed two million monthly active users, cementing its position as the new global benchmark for K-recommerce.
Alipay+ partners Grab to make ride hailing services available to global digital wallet users
Alipay+, Ant International’s global wallet platform, and Grab, Southeast Asia’s superapp, have announced the integration of Grab’s ride-hailing services into Alipay+ Voyager, its inbuilt end-to-end artificial intelligence (AI) travel agent.
Ant International recognized as an inaugural foreign institution partner by China’s cross-border interconnection payment gateway
Ant International and Alipay are the largest player in the CPG scheme with the largest number of card network and wallet partners, the broadest use cases and largest business volume.
Singapore’s UltraGreen secures $188M strategic investment led by 65 Equity Partners, Vitruvian Partners
UltraGreen.ai (UltraGreen), a Singapore-based fluorescence-guided surgical technologies and precision healthcare solutions provider, announced Monday the signing of a $188 million strategic investment led by 65 Equity Partners (65EP) and Vitruvian Partners (Vitruvian).
Singapore’s Atomionics secures $12.7M Pre-Series A funding to fast-track resource exploration with quantum tech in Australia, North America
Singapore-based deep tech startup Atomionics has received a $12.7 million Pre-Series A round to rapidly scale its quantum gravimetry sensors for mineral discovery.
Maybank sees AI demand spurs neocloud race in Asean
Maybank Investment Bank has foreseen artificial intelligence (AI) demand to spur neocloud race in ASEAN.
NUS Enterprise boosts deep tech growth through new co-investment framework with SG Growth Capital, Lotus One Investment
NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced Tuesday two major co-investment partnerships and an international education initiative to strengthen Singapore’s role as a global innovation hub for deep tech.
