Singapore

Singapore’s Tower Capital Asia collects $379M in maiden fundraise

Singapore-based private equity firm Tower Capital Asia has on Tuesday concluded the final closing of its maiden blind-pool private equity vehicle, TOWER CAPITAL PE FUND I, LP. A…

Carro expands to Japan through partnership with Softbank

Singapore-based used car marketplace Carro on Tuesday announced its expansion into Japan through a joint venture with SoftBank Corporation (SoftBank). As part of its entry, CARRO…

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…

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…

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…

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

Singapore-headquartered tech firm Sea Ltd.’s top management will forgo their salaries and tighten company expense policies, as the gaming and e-commerce giant tries to shield…

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…

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…

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…

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. Sign-ups were received from a diverse…