Singapore

Singapore medtech firm Us2.ai raises $15M Series A funding led by IHH Healthcare and Heal Partners

Us2.ai, a Singapore-based medtech developer, announced Thursday it has raised $15 million in a series A round led by IHH Healthcare and Heal Partners, with participation from Pappas Capital and existing investors including Sequoia India, EDBI and Partech Ventures. The new funds will be used to drive Us2.ai’s ambitious growth targets for clinical…

DBS/POSB partners Singaporean government to offer digital payment in schools

Singapore financial services group DBS/POSB and the Ministry of Education (MOE) in Singapore announced Wednesday a three-year Memorandum of Understanding (MOU) to widen the access to contactless and digital payments, in all junior colleges/Millennia Institute, secondary and primary schools in Singapore. The three-year MOU will expand the POSB Smart Buddy…

Singapore’s eSports firm ESPL partners Philippine’s Yield Guild Games for crypto NFT gaming

Sedania Innovator Berhad (Sedania)'s Singapore-based Esports Players League (ESPL) on Wednesday announced a partnership with Yield Guild Games Southeast Asia (YGG SEA) as part of its vision to amass gamers in the cryptocurrency, non-fungible token (NFT) gaming and metaverse sphere. The partnership aims to generate up to 300,000 gamers for ESPL and Sedania.

NASDAQ-listed SPAC 8i Acquisition 2 merges with Singapore digital health platform EUDA Health

EUDA Health Limited, a Singapore-based digital health platform, and 8i Acquisition 2 Corp. (8i)(NASDAQ: LAX), a publicly traded special purpose acquisition company, announced Tuesday that they have entered into a definitive business combination agreement that will result in EUDA Health Limited becoming a publicly listed company

FOMO Pay unveils first cryptocurrency payment solution for retailers in Singapore

Singapore-based FinTech firm FOMO Pay said Wednesday it has rolled out a new cryptocurrency (crypto) payment solution for retailers in Singapore, which allowed them to accept digital payment tokens (DPT). The new payment method targetted at retailers is the first such to be developed by a DPT licensee in Singapore.

Singapore co-living firm Hmlet merges with European player Habyt

Hmlet,a Singapore-based flexible living company, said Tuesday it is merging with Habyt, a European co-living player, to create a global company catering to the fast-growing flexible living sector. The combined group will have a presence in 10 countries and 20 cities.

Funding Societies partners Dedoco to offer digital signing service

Funding Societies, Southeast Asia’s largest small and medium enterprise (SME) digital financing platform, announced Wednesday that it has partnered Dedoco, a Singapore-based decentralized digital document and workflow management platform, to become one of the first FinTech platforms to enable micro, small and medium enterprise (MSME) customers in Singapore…

Temasek-backed Zilingo is said to suspend CEO amid probe – report

The concerns center on the way that Zilingo accounted for transactions and revenue across a platform spanning thousands of small merchants, the report said.

Quest Ventures and raiSE launch accelerator for socially impactful enterprises

Quest Ventures and the Singapore Centre for Social Enterprise (raiSE) said Tuesday they have launched Asia’s first venture capital-backed accelerator programme to provide financial and non-financial support to seed-stage start-ups in the sustainable impact sector, aimed at improving competencies and providing access to regional and global markets.

Singapore’s TiTi Protocol secures $3.5M led by The Spartan Group to build the first use-to-earn algorithm stablecoin

TiTi Protocol, a Singapore-based multi-asset reserve stablecoin, on Tuesday announced a successful fundraising round of $3.5 million, led by The Spartan Group. The round also saw the participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as…