Singapore
News,FinTech,Investments,Singapore,Philippines
Malaysia’s Creador backs Philippine digital bank operator UnoAsia
Malaysian private equity firm Creador has led a pre-Series A round of $11 million for UnoAsia, operator of Uno Digital Bank, one of only six licensed digital banks in the Philippines.UnoAsia had already raised $33.5 million in pre-seed and seed funding, of which $21 million came from Creador.
August 29, 2022
News,FinTech,Indonesia,Singapore
Indonesia and Singapore to pursue cross-border QR code payments connectivity
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) announced Monday the commencement of work on a cross-border QR payment linkage between Indonesia and Singapore as part of the ASEAN-wide payments connectivity effort.
August 29, 2022
ADDX launches cash management solution with OCBC Group’s Lion Global Investors
Singapore-based private market exchange ADDX has launched a cash management tool that allows investors with excess funds in their wallets to earn interest, instead of letting their cash sit idle. Named ADDX Earn, the solution aims to withstand short-term volatility while preserving capital.
August 29, 2022
News,Blockchain / Crypto,Singapore,Investments
Singapore’s SolanaFM completes strategic seed funding round raising $4.5M
Singapore-based crypto firm SolanaFM announced Thursday that it has secured $4.5 million in a seed funding round led by SBI Group's Digital Asset Opportunity Fund. The seed funding round that was spearheaded by SBI Group's Digital Asset Opportunity Fund attracted the participation of top venture capital firms including Zee Prime, Spartan Group, Mirana…
August 26, 2022
PropertyGuru’s 2Q revenue rises 44 percent as all business segments grow
Singapore-based proptech firm PropertyGuru saw its revenue for the second quarter ended June 30 rose 43.6 percent to S$33.03 million ($23.74 million) from $23 million ($16.53 million) a year ago, underpinned by growth across all markets and business segments.
August 26, 2022
News,SEA,Transportation,Singapore
Grab’s 2Q revenue rises 79 percent on higher mobility and deliveries contribution
Southeast Asia’s super app Grab announced Thursday that its revenue surged 79 percent year on year to a record high of $321 million, driven by strong growth in mobility and deliveries revenue, including contributions from its recently-acquired Malaysian retail chain Jaya Grocer.
August 26, 2022
News,SEA,Singapore,Venture Capital
Singapore’s Genesis Alternative Ventures launches $150M second venture debt fund
Following the success of its debut $90 million fund in 2019, Singapore-based venture capital firm Genesis Alternative Ventures has launched its second venture debt fund to raise $150 million to finance start-ups across Southeast Asia. Almost half the fund was raised at first close earlier this month.
August 25, 2022
Singapore’s AnyMind connects TikTok Shop and Yahoo! Japan’s shopping platforms to AnyX
AnyMind Group, a Singapore-based end-to-end commerce enablement company, announced Wednesday that e-commerce marketplaces TikTok Shop, Yahoo! Japan Shopping and PayPay Mall are now connected to the company’s e-commerce management platform, AnyX, enabling businesses and online merchants to improve cross-channel operational efficiency on even more e-commerce…
August 24, 2022
Google announces multiple initiatives across skilling, AI and sustainability in Singapore
Google on Tuesday announced multiple initiatives across skilling, artificial intelligence (AI) and sustainability as it deepens its commitment to Singapore after 15 years.
August 23, 2022
News,Blockchain / Crypto,Singapore
BHEX.SG gets greenlight to offer crypto services in Singapore
Singapore-based crypto exchange BHEX.SG has received the Standard Payment Institution licence from the Monetary Authority of Singapore (MAS), which will enable the firm to offer digital payment token (DPT) services to customers in Singapore.
August 22, 2022