Singapore

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…

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…