Singapore
Singapore’s Carousell Group cuts 10% of total headcount, Co-Founder says ‘deeply sorry’
Quek announced several initiatives and arrangements for the impacted regular employees which include monetary compensation, tools for job search, extended medical benefits and insurance coverage, among others.
2C2P and Pine Labs to expand BNPL acceptance in Southeast Asia
Singapore-based payments platform 2C2P and merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) across Asia in six key markets, namely Singapore, Malaysia, Hong Kong, Indonesia, the Philippines and Thailand.
MetaComp gets nod to provide digital payment token services in Singapore
Singapore-based cryptocurrency exchange MetaComp Pte. Ltd. has been awarded a licence from the Monetary Authority of Singapore (MAS) to provide digital payment token services as a major payment institution in Singapore.
South Korea’s BigBang Angels to establish global venture fund in Singapore with Farquhar Venture Capital
South Korean early-stage accelerator and venture capital (VC) Bigbang Angels (BBA) has on Thursday announced its formation of a global investment fund and deepens its footprint in South East Asia, by cementing its partnership with Singapore homegrown early-stage innovation ecosystem enabler, Farquhar Venture Capital (FVC).
Singapore’s Iterative closes $55M Fund II to back 100+ more companies
Iterative, a Singapore-based early-stage venture capital firm that also runs a YC-style accelerator, said Wednesday it has closed its second fund at $55 million to invest in startups across Southeast Asia.
Funding Societies crosses $27.8M in loan disbursements to SMEs in Thailand
Funding Societies | Modalku, the Singapore-based small and medium enterprise (SME) digital financing platform, has on Wednesday announced that its Thai business (Funding Societies Thailand) has reached THB1 billion ($27.8 million) in loan disbursements to small businesses in the country for year-to-date 2022.
Y Combinator-backed workplace startup Deskimo expands to Dubai
Y Combinator-backed Singapore workplace startup Deskimo, has expanded its services to Dubai, with plans to add Abu Dhabi and other cities in the region in the near future. The firm has built a network of independent workspaces across Dubai and makes them accessible via a mobile app.
Singapore’s Igloo raises additional $27M, bringing Series B total funding round to $46M
Singapore-based insurtech Igloo has on Tuesday announced that it has successfully raised an additional $27 million in its Series B extension, bringing a close to its Series B funding round at $46 million. The initial Series B capital raise of $19 million in March this year was led by Cathay Innovation, with further investments from ACA and other existing…
South Korea’s SK Telekom partners Singapore’s Singtel to grow metaverse business in APAC
SK Telecom (SKT) has on Tuesday announced that it had signed a memorandum of understanding (MOU) with Singapore-based communications technology group Singtel, to jointly grow the metaverse business in countries where the group operates in, starting with Singapore.
