Singapore

Singapore-based investment firm Granite Asia has completed the first close of its Pan-Asia private credit strategy, Libra Hybrid, securing over $350 million.

Audax Financial Technology, a Singapore-based digital banking technology solutions provider supported by Standard Chartered, has partnered with 10x Banking, the cloud-native core banking platform, to to accelerate digital banking modernization across Asia Pacific (APAC), Europe, and the Middle East.

Digital Realty, the global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions and an Oracle Partner, announced Monday it will offer connectivity to an Oracle Cloud Infrastructure (OCI) FastConnect point-of-presence (PoP) within the Oracle Cloud Singapore West Region.

Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.

DayOne Data Centers, a Singapore-headquartered data center developer and operator, announced that it has secured a mezzanine financing facility of €500 million ($582.62 million), expandable up to €1 billion ($1.17 billion) upon mutual agreement, to accelerate its Finland platform and global expansion.

ChemLex, a next-generation artificial intelligence (AI)-for-science company, has announced the establishment of its global headquarters and self-driving laboratory in Singapore, alongside the close of a $45 million funding round led by Granite Asia.

SC Capital Partners Group (SCCP), a Singapore-based institutional real estate investment management firm, has commenced construction of a new data center in Osaka with 100MW of allocated power.

Embed Financial Group Cayman Holdings (EFGH), a Singapore-headquartered Finternet infrastructure company operating across emerging markets in Africa and Asia, announced Wednesday that it has entered into a definitive business combination agreement (BCA) with WinVest Acquisition Corp. (WinVest), a publicly traded special purpose acquisition company.

Circle Asia Technologies, a credit-led neobank based in Singapore, has announced a strategic collaboration with digital payments firm Visa and fintech firm Pismo, to launch Vietnam’s first artificial intelligence (AI)-powered PayLater card.

Horizon Quantum Computing Pte. Ltd., the Singapore-based software infrastructure for quantum applications, announced Wednesday that it has completed the assembly and integration of a first quantum computer at its Singapore headquarters, and the system is now fully operational.