Singapore
Singapore’s ZA Tech invests in Indonesia first Sharia digital bank Aladin Bank
ZA Tech Global Limited (ZA Tech), a Singaporean technology venture founded by ZA International and backed by Softbank’s Vision Fund 1, has become the latest strategic partner to collaborate with Aladin Bank as an investor and a business partner, and is fully committed to strengthening Aladin Bank’s ecosystem.
Singapore’s GIC leads US Grafana Labs $240M Series D investment round
Grafana Labs, the United States open source technology provider for dashboards and visualization, announced Wednesday a $240 million Series D round of investment led by GIC, Singapore’s sovereign wealth fund. GIC made its initial investment in Grafana Labs’ Series B round in 2020.
Pace partners Shangri-La to offer BNPL payments across its hotels in Malaysia
To date, Pace has over 5,000 points-of-sale across the Asia region and is on track to meet its goal of 1 million users by the end of 2022. Pace also aims to have an annualized Gross Merchandise Value (GMV) of $1 billion by end 2022.
Singapore’s Parentinc raises $22M in Series D funding round led by East Ventures
The Parentinc, a Singapore-based tech company that owned content and community platform for parents theAsianparent, announced Wednesday that it has successfully closed a $22 million round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed…
Singapore’s Fairmart raises $1.5M seed round co-led by Quest Ventures and Entrepreneur First
Singapore-based e-Commerce marketplace Fairmart announced Wednesdya the closing of an oversubscribed S$2 million ($1.5 million) seed round co-led by Quest Ventures and Entrepreneur First, with participation from SOSV, Vectr Ventures and Hustle Fund.
Singapore’s Pace launches new digital card to simplify BNPL payments for consumers and merchants
Pace Enterprise (Pace), a Singapore-based fintech solutions company with a "Buy Now Pay Later" (BNPL) platform, announced Tuesday the launch of the first-ever virtual Pace Card, a unique payment solution designed to make BNPL payments even simpler and more secure in Asia. The Pace Card is now available in Singapore and will be rolled out to other new…
Grab eyes breakeven for food deliveries in 1st half of 2023 – report
Grab operates across almost 500 cities in eight countries in Southeast Asia. Its operations include ride-hailing, food and grocery delivery services, digital payments, lending, insurance, wealth management among others.
Singapore’s Glance acquires Indian gaming company Gambit to boost NFT gaming platform
Singapore based consumer internet company Glance InMobi Pte Ltd (Glance), announced that it has acquired Indian gaming company Gambit Sports Pvt Ltd. (Gambit), to accelerate its ambition of building the biggest platform for non-fungible token (NFT)-based live gaming experiences for Gen-Z, across markets.The acquisition brings together Glance’s scale and…
RaiSE unveils initiatives to scale up public-private synergies in Singapore’s social ecosystem
The Singapore Centre for Social Enterprise raiSE on Wednesday unveiled initiatives to catalyse financing, capabilities, and talent to scale up public-private synergies in Singapore’s social ecosystem.
Singapore’s Carzuno launches car subscription services in Thailand
Carzuno, a Singapore-based all-inclusive subscription platform for cars, announced Thursday that it has launched its operations across Thailand. The company has hired Wisate Kirin (ex-Carro, Toyota, Michelin) and Cathrin Samijtwong (ex-Servcorp, HappyFresh) to spearhead the car subscription operations in Thailand and enhance Carzuno's service ofering by…
