Singapore

China’s Weixin Pay offers digital payment to nearly 10,000 hawkers in Singapore

Weixin Pay, the mobile payment function of Tencent's popular social platform Weixin, has increased access for Weixin Pay travellers exploring Singapore to the nation’s unique hawker culture, offering them the ease of payment to nearly 10,000 hawker stalls across the country.

Singapore’s Nutrition Technologies closes $20M equity round led by PTT Ventures

Singapore-based agri-biotech company Nutrition Technologies has on Monday completed an equity venture round of $20 million led by PTT Ventures. The round was supported by Sumitomo Corporation, ING Sustainable Investments, Mandala Capital.

Singapore skyline SGX SPAC

MAS and IFSCA to pursue cross-border FinTech innovations

The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) on Monday signed a FinTech co-operation agreement (CA) to facilitate regulatory collaboration and partnership in FinTech. MAS and IFSCA will leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of…

Sea Ltd’s top management to forgo salaries as firm cuts cost – report

The company’s main objective for the next 12 to 18 months is to achieve positive cash flow as soon as possible.

Glife Technologies closes Series A with $3M investment from Tin Men Capital

Glife Technologies (Glife), a Singapore-headquartered digital business-to-business (B2B) food and agritech company, has announced a $3 million Series A follow-on funding to further support their operations across the Southeast Asia region.

Singapore and Indonesia-based Fazz secures $100M Series C funding

Singapore and Indonesia-based digital financial services group Fazz (previously known as Fazz Financial Group), announced Wednesday a $100 million Series C funding round. This consists of $75 million in equity, which includes investment from existing investors such as Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company.

MAS and SGX launch ESGenome disclosure portal

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) on Monday jointly launched ESGenome, a digital disclosure portal for companies to report environmental, social and governance (ESG) data in a structured and efficient manner, and for investors to access such data in a consistent and comparable format.

Singapore digital bank Trust reaches 100,000 customers

Singapore digital bank Trust announced Tuesday that its community of customers has reached 100,000 following its launch on 1 September.

Singapore’s Playground closes pre-seed round co-led by East Ventures and Mirana

Playground, a Singapore-based platform dedicated to Web3 Gaming and non-fungible token (NFT) discovery, announced Tuesday the completion of its oversubscribed pre-seed funding round co-led by East Ventures and Mirana Ventures.

Singapore’s M-DAQ Global opens Japan office as part of international expansion

M-DAQ Global, a Singapore-headquartered fintech company, announced Monday that it has expanded its global footprint with the opening of its Japanese office through its wholly-owned Japanese subsidiary, M-DAQ Japan K.K.