Singapore
Singapore climatetech venture builder Wavemaker Impact announces first close of its debut fund
Singapore-based climatetech venture builder Wavemaker Impact (WMI) announced the first close of its debut fund to drive decarbonization in the region at scale. Its limited partners include Pavilion Capital, an investment company established in Singapore in 2012; JG Digital Equity Ventures, the venture capital arm of the Philippines’ JG Summit Holdings;…
Singapore’s FastCo raises $7.48M in Series A funding; expects to break-even within next two years
In the extended Series A round, Malaysia-based investment firm OSK Ventures International (OSKVI) led the funding that raised a total investment of S$4.7million into FastCo with participation from existing investor Cento Ventures and new investor Kairous Capital.
DBS Bank launches accelerator in partnership with World Bank, Google Cloud
Singapore-based bank DBS and its global partners on Tuesday launched the second cycle of Sustaintech Xcelerator, a six-month climate-focused hybrid accelerator programme.The programme is organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini, and the Centre for Nature-based Climate Solutions at the National University of…
Singapore HealthTech platform Speedoc closes $28M Pre-Series B Round
Speedoc, the Singapore-based online and offline health provider, announced Tuesday it has closed its $28 million pre-series B funding round. The round includes new investors including Bertelsmann Investments, Shinhan Venture investment and Mars Growth. Vertex Ventures Southeast Asia & India, which led Speedoc’s $5 million Series A funding round in 2020,…
ANEXT Bank launches new industry initiative to scale financial inclusion for SMEs
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant Group, on Wednesday unveiled its latest initiative to drive further industry collaboration as part of its mission to enable effortless and inclusive financing for small and medium-sized enterprises (SMEs).
HashKey Capital Singapore gets fund management service approval from MAS
HashKey Capital Singapore Pte. Ltd., together with its affiliates, announced Friday that it has received its in-principle approval for the Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS) as a licensed fund management company (LFMC).
BigPay launches into the cryptocurrency space in partnership with TripleA
BigPay, a Malaysia-based FinTech firm, has partnered Singapore-based crypto payment firm TripleA, to launch its crypto top-up feature. BigPay users can seamlessly convert their crypto assets into cash to spend using their BigPay debit cards, without having to go through the typically tedious verification process.
MAS launches expanded Initiative to advance cross-border connectivity in wholesale CBDCs
The Monetary Authority of Singapore (MAS) on Thursday launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC).
MAS: first Industry pilot for digital asset and decentralized finance goes live
The Monetary Authority of Singapore (MAS) announced Tuesday that the first industry pilot under MAS’ Project Guardian that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades.
Google Cloud launches Climate Finance Accelerator with MAS and KPMG Singapore
Google Cloud has on Thursday launched a Climate Finance Accelerator with Monetary Authority of Singapore (MAS) and KPMG Singapore to provide climate fintech firms and startups with mentorship and funding opportunities to scale market-ready solutions.
