Singapore

Li Ka-shing-funded Horizon Ventures ‘sees gold’ in Southeast Asia – report

The investment firm has set up a Singapore office earlier this year. Its notable exits include include Meta, Razer, and Zoom, data platform Crunchbase showed.

Singapore’s Starboard raises $3.5M pre-series A funding led by Monk’s Hill Ventures

Starboard, a Singapore-based platform for founders to start and run their companies globally, announced Thursday its $3.5 million Pre-Series A funding round led by Monk’s Hill Ventures. Other investors for the round include Actium Partners, Iterative Capital, Bruno Poh (General Counsel, Lyte Ventures), Lelaina Lim (CFO, Eu Yang Sang International Limited),…

Singapore’s Silence Laboratories raises $1.7M seed funding led by Pi Ventures

Silence Laboratories, a web3 focused cybersecurity startup headquartered in Singapore, said Thursday it has closed a $1.7 million round in a seed funding, led by Pi Ventures. The round also included participation from web3 centric funds such as imToken ventures and prominent angels like Daniel Ari Friedman, Mahin Gupta, CK Vishwakarma, Priyeshu Garg, Ashish…

Standard Chartered and FairPrice launch Trust digital bank in Singapore

Trust Bank (known as Trust), which is backed by Standard Chartered Bank and FairPrice Group, announced Thursday its official launch as the digital bank for Singapore. Trust is the first of the nation’s new wave of digital banks and launches with a range of products for its customers, comprising a credit card, savings account and family personal accident…

Grab and Singtel launch Singapore’s first digital bank

GXS Bank (GXS) which is backed by a consortium consisting of Grab Holdings (Grab) and Singtel on Wednesday launched Singapore’s first digital bank for consumers and businesses. The bank aims to revolutionise banking services for its customers by leveraging its technological capabilities and the collective power of the GXS, Grab and Singtel ecosystem.

Singapore’s iPiD secures $3.3M seed funding to grow industry support and senior hire

Singaporean FinTech start-up iPiD announced Tuesday a $3.3 million seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri.

Wix Partners with TripleA to enable Wix business owners to accept cryptocurrency payments

TripleA, a licensed crypto payment gateway in Singapore, on Tuesday announced the launch of their partnership with Wix, a United States-listed global software as a service (SaaS) platform to create, manage, and grow an online presence.

Validus and Citi establish $100M facility to drive SME financing

Singapore FinTech firm Validus and global bank Citibank N.A. (Citi) announced Tuesday the establishment of a $100 million securitisation facility, collateralised by small and medium-sized enterprise (SME) loans originated by Validus in Singapore.

Singapore’s Lightnet receives $50M capital commitment from LDA Capital

Singapore FinTech firm the Lightnet Group (Lightnet) has secured a $50 million capital commitment from LDA Capital Ltd (LDA) to grow its infrastructure, operations, and expand its technological partner's (Velo Labs Technology) blockchain technology.

Singapore FinTech firm banco raises $6.7M Series A round led by SBI Group

Singapore-based FinTech company banco announced Tuesday the successful raise of $6.7 million in Series A funding led by Japan-based leading financial group SBI Group. Sumitomo Mitsui Banking Corporation (SMBC), R3, Savills, KZM & Company, and others also joined the round.