Singapore
Grab-led digibank consortium to focus on local micro-SMEs, gig economy workers
Grab Holdings Limited said Friday that the digital bank consortium comprising GXS Bank Pte. Ltd., its digital bank joint venture with Singapore Telecommunications Limited (Singtel), and Malaysian investors including Kuok Brothers Sdn. Bhd, is expected to enable local micro-small and medium enterprises (SMEs) and other financially underserved segments such…
Singapore’s The Parentinc acquires Vietnam women online community Webtretho
The Parentinc, a Singapore-based community platform for parents, announced Thursday the successful completion of acquisition of Webtretho, a Vietnam-based women and parenting community.
Singapore Finbots.AI raises $3M from Accel in Series A round
Finbots.AI, a Singapore-based FinTech firm, announced Thursday it has raised $3 million in a Series A round from Accel. The funds will be used towards accelerating product enhancement, marketing and sales, and customer support besides recruiting of senior talent and team expansion across its offices.
Grab, NCS to pilot autonomous vehicle robot food delivery service in Singapore
Singapore-based super app Grab and technology services firm NCS, with the support of Sentosa Development Corporation, have teamed up to pilot an autonomous vehicle (AV) robot food delivery service designed to serve guests on Sentosa’s beaches and food and beverage (F&B) merchants along Siloso Beach.
Singapore e-scooter operator Neuron Mobility raises $43.5M to fuel rapid international expansion
Neuron Mobility, a Singapore-based shared e-scooter and e-bike operator, announced Wednesday it has successfully raised $43.5 million in Series B funding, follows 19 months of significant growth and brings the company’s total funding to $77.7 million. The investment round was co-led by global venture firms GSR Ventures and Square Peg. Also joining the round…
Singapore’s Adgorithmics partners South Korea’s Klaytn Foundation to launch NFT-based loyalty program
Singapore algorithms e commerce firm Adgorithmics and South Korea blockchain platform Klaytn Foundation announced Thursday a partnership to utilize non-fungible tokens (NFTs) for an e-commerce incentive system and customer loyalty program through the MetaGachas platform.
Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment
Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth.
Blockchain Association Singapore partners BNY Mellon to boost blockchain adoption
Blockchain Association Singapore (BAS) announced Wednesday that global financial institution BNY Mellon has come on board as a strategic collaborator to drive adoption and innovation in blockchain and decentralized finance.
Singapore social music creation platform BandLab raises $65M Series B funding
BandLab, a Singapore-based social music platform, announced Tuesday the close of its Series B round totaling $65 million with a post-money valuation of $315 million. The company welcomed Prosus Ventures, the venture investing arm of Netherlands-listed Prosus, which is majority-owned by Naspers (the largest shareholder of Tencent), to its list of investors.
