Singapore

The United Kingdom (UK) and Singapore are deepening their cooperation on digital finance and sustainable finance.

Carro, Asia Pacific’s leading online automotive marketplace has set up a S$450 million asset-backed securitisation facility backed by Singapore car loan receivables.

Enterprise Singapore (EnterpriseSG) has launched Catalytic AI Solutions for the advanced manufacturing sector, a three-year initiative with more than S$45 million ($35.2 million) to help small and medium-sized enterprises (SMEs) deploy AI solutions.

Genie Health, a Singapore health technology company, has raised $3 million in seed funding to expand its consumer health app and its clinic platform.

ShopBack and TADA have partnered to let eligible Singapore riders pay for trips through ShopBack Pay and receive cashback.

Singapore payment firm Thunes and US cryptocurrency firm Coinbase announced Monday a strategic collaboration to drive the next generation of global payments.

Singtel and Ericsson have signed a five-year strategic partnership to expand Singapore's 5G Advanced capabilities, accelerate AI-native applications, and build more reliable connectivity for businesses and consumers.

The UK-based Primary Health Properties expects about £0.5 billion ($670 million) in net cash from a joint venture with Singapore’s GIC, a sovereign wealth fund, and will use the money to cut debt.

SBI Holdings, the Japanese financial services group, and Startale Group, a Singapore-registered Web3 infrastructure developer, have joined Open Standard, an alliance backing the U.S. dollar stablecoin Open USD (OUSD).

Horizon3, a U.S. security company that sells AI-driven proactive testing software, will establish its ASEAN headquarters and a regional center of excellence in Singapore.