Singapore

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Singapore’s Grab cuts 1,000 jobs to manage costs and stay competitive, says CEO

Grab's Anthony Tan said with or without the exercise, Grab is on track to hit group Adjusted EBITDA breakeven this year.

Singapore’s affable.ai collaborates with Google Cloud for influencer marketing

Affable.ai, a Singapore-based innovator in the marketing technology industry, has on Monday announced the launch of Skye – the world's first artificial intelligence (AI) companion specifically designed for influencer marketers.

FOMO Pay implements Moody’s Analytics End-to-End KYC/AML Risk Monitoring Solutions

FOMO Pay, the Singapore-headquartered major payment institution, announced Monday its implementation of Moody's Analytics know your customer (KYC) solution to monitor risk and secure compliance of its digital payments and digital banking services.

CYSummit 2023: Defining our Digital Narrative Together – Connecting Youths-in-Tech to Prepare for Our Digital Future

CYSummit 2023 is a dynamic and engaging movement that brings together young people that have an appetite for growth. As a platform, CYSummit 2023 aims to foster progress by unifying #youth through #mentorships, job skills, knowledge exchange, and #career development.

Recharge Capital launches $200M women’s healthcare fund

New York and Singapore-based private investment firm Recharge Capital has on Thursday announced the successful closure of the first tranche of its $200 million Women’s Healthcare Investment Vehicle.

Carro and Jardine Cycle & Carriage ink $60M automotive strategic partnership

Singapore-based used car marketplace Carro and Jardine Cycle & Carriage (JC&C) have announced on Friday a $60 million strategic partnership that aims to redefine the used car and aftersales segments of automotive retailing.

Y Combinator-backed Wed3 startup Poko raises $4.5M funding from prominent investors

Poko (Pokoapp.xyz), a Y Combinator-backed Singapore Web 3 startup, has on Thursday announced the successful completion of its seed round, raising $4.5 million in funding. The round was led by prominent investors from all key regions it focuses on, including Y Combinator, NAZCA, Global Founders Capital, Orange DAO, SOMA Capital and Goodwater Capital.

ADDX names former SGX Senior Managing Director as Chairman

Singapore-based private market exchange ADDX has appointed Chew Sutat, former senior managing director at the Singapore Exchange (SGX), as its chairman.

Singaporean fintech firm Pilon secures fresh funding Kaya Founders

Pilon, a Singapore-headquartered FinTech firm that offers cloud-based supply chain financing system, announced Thursday that it has successfully secured a top-up round from Philippines-based Kaya Founders to accelerate growth plans and strengthen its presence in the Philippines market.

Singapore’s Decentralised Gaming Ventures secures seven-figure investment from Korean venture fund

Decentralised Gaming Ventures, a Singapore-based web3 game venture builder, has on Thursday announced a seven-figure investment round led by Korean venture fund, Hashed.