Singapore

2C2P and Ikano Retail extend online localized payments for IKEA in Singapore, Malaysia, Philippines, Thailand

Global payments platform 2C2P announced on Tuesday that they had been appointed by IKEA franchisee Ikano Retail as its official payments partner to create a seamless and localised online payment experience for IKEA customers in Singapore, Malaysia, the Philippines, and Thailand.

Singaporean sneaker marketplace Novelship partners with TripleA to pay sellers in crypto

Novelship, a Singapore-based marketplace for limited-edition sneakers, streetwear, and collectibles, announced Monday the launch of its crypto payout feature. In partnership with TripleA, a crypto payment gateway licensed by the Monetary Authority of Singapore (MAS), sellers on Novelship can now opt to be paid withcryptocurrencies.

Ngee Ann Polytechnic and LeapThought announce partnership to promote digitalization in the building industry

As part of the partnership, LeapThought and NP will co-develop and co-deliver course materials for Year 2 and 3 modules such as Computer-Aided Design 3, Computer-Aided Design 4, and Architectural Practice in the Diploma in Design course.

Society Pass launches universal, open-loop loyalty application targeted at the ‘Digital First’ Southeast Asia Region

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s leading data-driven loyalty and e-commerce ecosystem, announced on Monday the launch of the beta version of its universal, open-loop loyalty application, Society Pass, to earn and redeem loyalty points, Society Points, endeavouring to create permanent customer loyalty and replace cash…

Singapore’s ShopBack raises $80M Series F investment led by Asia Partners

ShopBack, a Singapore-based shopping and rewards platform, announced Friday that it has raised $80 million of new capital in a funding round led by Asia Partners. The raise is to support the group’s vision to build the leading shopping and rewards platform across the Asia Pacific region, ShopBack said in a statement. Existing investor January Capital also…

ADDX partners China Construction Bank on $200M allocation under China’s offshore investment scheme

Singapore's private market exchange ADDX and China Construction Bank (Chongqing and Singapore branches) have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced on Thursday the signing of a memorandum of understanding (MOU) that paves the way for…

Cordlife partners AMILI to launch gut microbiome banking service in Southeast Asia

Cordlife Group Limited (Cordlife), a Singapore Exchange mainboard listed consumer healthcare company, and AMILI Pte. Ltd. (AMILI), a Singapore-based microbiome firm, announced Tuesday a strategic partnership to provide the first-ever gut microbiome banking service in Singapore and the region.

Singapore’s Helicap raises $5M from Tikehau Capital and PhillipCapital

Helicap, a Singapore-based FinTech platform, said Wednesday it has raised $5 million in a strategic funding round from two global asset management powerhouses. The round was led by Temasek-backed international alternative asset management group Tikehau Capital, and integrated Asian financial house PhillipCapital, each with over $35 billion in Assets Under…

Singapore’s mum-focused e-commerce brand aggregator Rainforest raises $45M in equity funding

This latest financing brings Rainforest’s total capital to over $100 million since its launch in January 2021, the company further expects to reach profitability by the end of 2022.

Singtel partners Hyundai Motor Group to develop advanced manufacturing facility of the future with 5G

The HMGICS, the first of its kind in the world, will leverage Singtel’s 5G campus network with mobile edge core solutions that will provide uninterrupted high-speed connectivity and massive bandwidth to enhance HMGICS’s high-precision quality control in manufacturing operations.