Singapore
Singapore game developer Foonie Magus raises over $17M for NFT game Apeiron
Singapore-based game developer Foonie Magus said Monday it has raised over $17 million at the close of its seed round for the new play-and-earn non-fungible token (NFT) game Apeiron. According to the company,m $3 million came from preseed, $10 million from seed, and a further $4.5 million from the first round of NFT sales.
Singapore eCommerce checkout solution Arrow raises $4.8M seed funding led by Sequoia Capital India
Arrow, a Singapore-based eCommerce checkout solution, announced Tuesday a $4.8 million seed fundraise led by Sequoia Capital India and supported by Alpha JWC and Guillaume Pousaz’s Zinal Growth. High-profile angel investors such as Ooi Huey Tyng (current board member at AIG and Maxis), Steve Vickers (Chief Operating Officer at Paysend), and Hassan Ahmed…
Singapore FinTech firm Nium to acquire alternative payments network platform Socash
Nium, a Singapore-based platform for modern money movement, announced Tuesday a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. The acquisition provides Nium with the team and technology to enable multiple forms of local payment acceptance for digital commerce, especially in emerging markets.
Singapore’s Venturi Partners hits final close of $175M in maiden fund
Venturi Partners, a Singapore-based investment platform that empowers audacious brands in India and Southeast Asia, announced Tuesday that its maiden fund has hit its final close of $175 million. The platform has raised commitments from large European Union and Asian family offices, such as Peugeot Invest, Ackermans & Van Haaren and Frederic De Mevius,…
Funding Societies co-invests with Carro in Indonesia’s Bank Index
Funding Societies (also known as Modalku in Indonesia), a Singapore-based small and medium enterprises (SME) digital financing platform, on Tuesday officially announced its investment into Bank Index (PT. Bank Index Selindo), an Indonesian national Bank, alongside Carro, a Southeast Asian automotive marketplace platform.
Al Rajhi Bank Malaysia selects Singapore’s Moneythor as a strategic partner for personal finance management features
Al Rajhi Bank Malaysia (ARBM), a subsidiary of Al Rajhi Bank of the Kingdom of Saudi Arabia (KSA), said Monday it has selected Moneythor, a digital banking solution provider in Singapore, to implement innovative personal financial management (PFM) features in its upcoming digital bank in Malaysia.
Singapore’s OCBC Bank partners Digital Exchange MVGX to develop new green financing solutions
Singapore's OCBC Bank and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore, on Monday announced a strategic partnership to develop new green financing solutions aimed at accelerating large corporates’ journey to carbon neutrality.
TechStorm and Original Startups Collective forge strategic alliance via metaverse-centric partnership
TechStorm, a Singapore-based media community for esports, gaming and Web3 enthusiasts, announced Friday a new partnership with metaverse startup launchpad Original Startups Collective (OSC), aimed at growing diverse metaverse entrepreneurial communities across the region. Through this collaboration, the two organizations will bring their collective…
Singapore’s The GrowHub partners Vietnam’s Society Pass to provide Australian food products
Singapore-based food and agri-tech company The GrowHub Innovations Company (The GrowHub), announced Friday that it has signed a strategic marketing partnership Memorandum of Understanding (MOU) with Vietnam-based loyalty platform Society Pass to provide agri-food products from producers in Western Australia.
