Singapore

ClavystBio and A*STAR partner to grow MedTech ventures in Singapore

ClavystBio, a life sciences investor and venture builder established by Temasek, and the Agency for Science, Technology and Research (A*STAR), Singapore's lead public sector research and development (R&D) agency, have signed a memorandum of understanding (MoU) to create and grow MedTech ventures in Singapore.

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Singapore’s Grab plans big convertible bond, fuelling hopes about GoTo deal – report

Grab said it will issue convertible bonds that mature in June 2030, partly to fund potential acquisitions.

Ant International, Deutsche Bank team up to provide integrated cross-border payment solutions to global merchants

Ant International and Deutsche Bank have announced their strategic partnership to provide more comprehensive payment solutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenization and artificial intelligence (AI)-based foreign exchange (FX) technology.

Arctic Wolf expands into Singapore to meet rising demand for AI-powered security operations

Arctic Wolf, a US-based security operations firm, has announced its official launch in Singapore, marking the latest milestone in its ongoing expansion across the Asia-Pacific region.

Singapore RE specialist Clean Kinetics raises $3.34M in Series A round

Hong Kong-based renewable energy (RE) specialist Clean Kinetics has announced it has raised S$4.3 million in a Series A funding round to drive its asset development and international expansion plans in the renewables infrastructure space.

NASDAQ-listed Grab denies reports of talks with Indonesia’s GoTo for a potential deal

Grab has held on-and-off talks with GoTo for years, according to earlier media reports. But a merger never materialized, partially due to antitrust concerns likely to arise from combining Southeast Asia’s two dominant ride-hailing and food-delivery groups.

Singaporeans open to using AI for personal finance, but call for regulation and transparency: MDRT survey

Singaporeans are increasingly embracing artificial intelligence (AI) in managing their personal finance, with a recent MDRT survey revealing that four in five (81 percent) are already using AI tools to take control of their money.

MAS clarifies regulatory regime for digital token service providers

The Monetary Authority of Singapore (MAS) has on last Friday clarified the applicable scope for its digital token service providers (DTSPs) regime.

Atome secures $75M asset-backed facility from Lending Ark to expand financial access in the Philippines

Atome, Singapore-based buy now pay later (BNPL) provider and part of Advance Intelligence Group, announced Monday that it has secured a $75 million asset-backed financing facility from Lending Ark, to accelerate financial inclusion in the Philippines.

Temasek’s ClavystBio, Lightstone Ventures back Allay Therapeutics’ $57.5M Series D financing

Allay Therapeutics, a clinical-stage biotechnology company, announced last Thursday the completion of a $57.5 million Series D financing round with leading global investors.