Singapore
Singapore TV content rights startup Allrites to go public in US after merging with Aura Spac
Allrites Holdings Pte. Ltd., a Singapore-based film and television content rights marketplace, is expected to be listed on the Nasdaq Global Market after merging with United States-listed blank check company Aura FAT Projects Acquisition Corp (AFAR).
Stripe teams up WhatsApp for in-chat payments in Singapore
Stripe, a United States-based financial infrastructure platform for businesses, has on Monday announced a partnership with messaging service WhatsApp, that allows Singapore businesses to accept payments directly in WhatsApp chats.
Carsharing supercharges EV adoption in Singapore
In the long run, shifting perceptions on EVs and greater usage through carsharing will create a multiplier effect that enhances the accessibility of EVs, increases users’ willingness to use EVs, and amplifies the demand for existing charging stations. These will culminate in greater investment by the government and EV charging partners to expand Singapore’s…
MAS imposes further additional capital requirement on DBS Bank for disruption of banking services
The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services on March 29 and a subsequent disruption to its digital banking and automated teller machine (ATM) services on May 5.
Singapore’s Bitdeer partners Bhutan’s investment arm to launch $500M green digital asset mining operations
Bitdeer Technologies Group (Bitdeer), a Nasdaq-listed technology company for the cryptocurrency mining community, and Druk Holding and Investments (DHI), the commercial arm of the Royal Government of Bhutan, have on Wednesday announced a strategic partnership to develop environmentally sustainable, carbon-free digital asset mining operations in the Kingdom…
Singapore’s Integra Partners closes second fund at $90M
Singapore-based early-stage venture fund Integra Partners (Integra), has on Thursday announced the final close of its second fund Integra Partners Fund II LP (Integra Partners Fund II) at $90 million. This brings the total committed capital managed by the firm to over $140 million.
Dyson to open advanced manufacturing plant for next generation batteries in Singapore
Dyson, the global technology company, has on Wednesday announced a major acceleration of its international advanced manufacturing capabilities and global research and development (R&D) footprint, with a next generation battery plant in Singapore, new R&D campuses in the Philippines and the United Kingdom.
Singapore’s Advance Intelligence raises $80M funding led by Warburg Pincus, Northstar
Advance Intelligence Group, a Singapore-based artificial intelligence (AI)-driven technology company, has on Wednesday announced it has raised $80 million from an investor consortium led by existing investors Warburg Pincus and Northstar Group.
Singapore’s ABC Impact backs UK-based Polymateria’s biotransformation technology in $25M Series B funding round
Singapore-based impact private equity fund ABC Impact, together with sustainable chemical company Indorama Ventures, have led a £20 million ($24.98 million) Series B funding round in Polymateria Limited, the British company which has pioneered biotransformation technology to combat plastic pollution.
Total transaction value made via Alipay by Chinese tourists in Singapore almost doubled in Q1
Alipay, the digital platform for payment and other digital services owned by China-base Ant Group, has on Friday reported that the total transaction value made by Chinese tourists in Singapore via its app has almost doubled in the first quarter of 2023 compared to the previous quarter (Q4 2022).
