Singapore

Revolut commits nearly S$350M to Singapore, plans Collyer Quay office

Revolut plans to invest nearly S$350 million in Singapore over five years and grow its local workforce to more than 300 employees.

Representatives from Meta and Singapore disability organizations at an AI glasses accessibility showcase

Meta donates 1,000 AI glasses to Singapore disability organizations

Meta is donating 1,000 Ray-Ban Meta AI glasses to four Singapore organizations and funding accessibility training through SAVH.

IFS Capital Limited logo

IFS Capital signs S$79 million MSME loan securitization

IFS Capital has signed a S$79 million securitization backed by Singapore MSME loans, with DBS as arranger and CapitaLand Investment taking the senior notes.

Indian fintech firm Pine Labs launches unified payments platform in Singapore

Indian fintech firm Pine Labs announced Tuesday a unified platform for merchants in Singapore that combines payment acceptance, acquiring, instalment payments and customer engagement.

Nium to power RedotPay off-ramp expansion

Nium will provide global off-ramp infrastructure to RedotPay, which says it serves more than 9 million stablecoin payment users.

EnterpriseSG strengthens Centres of Innovation to provide SMEs with more seamless innovation support

To better support SMEs in their innovation journey, EnterpriseSG will invest up to S$120 million ($93.79 million) over the next five years to deepen the capabilities of the enhanced COIs in four additional areas, namely technology discovery, technology adoption, ecosystem connectivity and outreach and industry engagement.

MAS issues supervisory expectations on responsible AI adoption by financial institutions

MAS' guidelines provide a comprehensive framework for AI risk management across the financial sector. They apply to all FIs and all forms of AI technologies, while allowing each FI to assess how best to meet MAS’ supervisory expectations based on the nature and scale of its AI use, and the associated risk materiality.

0G to establish global HQ in Singapore with at least S$20M investment

Zero Gravity plans to invest at least S$20 million in Singapore over five years, establishing its global headquarters and expanding university and AI research partnerships.

Datakrew, Gaadin link EV battery, vehicle and charging intelligence

Datakrew and Gaadin plan to connect EV battery and vehicle analytics with charging and energy-management software for fleet operators.

Granite Asia, Google AI fund to co-invest up to $2M per Asian AI startup

Singapore-based Granite Asia, a $11 billion private capital platform, and Google's AI Futures Fund will jointly back AI startups in Asia, co-investing up to $2 million in each alongside access to Google's AI models.