Singapore
Sleek secures Major Payment Institution License
Sleek.com, a leading technology company providing incorporation and accounting services for entrepreneurs, SMEs, and investors has announced on Wednesday that it has been granted a Major Payment Institution License (“MPI”) issued by the Monetary Authority of Singapore (“MAS”), effective from 1 July 2022.
Cybersecurity startup watchTowr totals $10.25M in Pre-Series A investment
watchTowr will use the additional funds to continue enhancing the technology that underpins its proprietary platform and to seize growth opportunities that are arising from markets outside of Southeast Asia.
Singapore-based Lendor appoints Jo Olivia Lee as COO to lead expansion to Thailand and South East Asia
Lendor, a Singapore-based circular tech startup has welcomed the appointment of Jo Olivia Lee as Chief Operating Officer who will be responsible for the continuous development of the app, platform services and infrastructure. She will be overseeing administrative and operations for both the Singapore office and the recent launch of Lendor Thailand.
Singapore’s YouTrip launches in-app travel insurance
Singapore's neobank YouTrip announced Monday that it has launched a new travel insurance product on its multi-currency app for all local users. Rolled out in conjunction with online insurance provider, HL Assurance (HLAS), travellers can now purchase a single-trip policy directly and conveniently on the YouTrip app, and enjoy up to 65 percent in savings on…
UK’s Ascential acquires Singapore e-commerce services provider Intrepid for up to $250M
Ascential plc, the specialist information, analytics and eCommerce optimisation company in the United Kingdom, has acquired Intrepid E-Commerce Services Pte. Ltd. (Intrepid), a provider of eCommerce execution services to brands in Singapore. The maximum total consideration payable for Intrepid, in the event that very stretching targets are reached, is…
Climate Impact X selects Nasdaq Technology to power new global carbon exchange
Nasdaq (Nasdaq: NDAQ) and Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, announced on Wednesday a strategic technology partnership that will help unlock price transparency and liquidity in the voluntary carbon market. The agreement will see CIX leverage Nasdaq’s robust matching technology to power its spot trading…
Franklin Templeton launches first Asian FinTech incubator in Singapore
Franklin Templeton, one of the world’s largest independent asset managers, on Tuesday officially opened its first Asian FinTech incubator in the heart of Singapore. The new Franklin Templeton Singapore FinTech Incubator is a joint incubation program for early-stage FinTech startups in partnership with F10 Global Innovation Network Singapore Pte. Ltd.……
Funding Societies acquires CardUp to drive payments expansion
Funding Societies, Southeast Asia's largest Small and Medium Enterprises (SME) digital financing platform, announced Wednesday that it is acquiring regional payments solution CardUp, for an undisclosed amount. CardUp's payment services will complement its lending products, to offer a unified financial experience for small and medium-sized enterprises (SMEs)…
Singapore’s Panthera Growth to raise $250M second fund to back tech companies
Panthera Growth Partners (PGP), a Singapore-based tech-focused growth investment firm, announced Tuesday the first close of its second fund, having secured commitments for more than half of the target raise. The fund's target has been set at $250 million, and is expected to be reached by end of this fiscal year. It will offer up to 100 percent of fund…
