Singapore

Singapore’s Pace acquires regional BNPL pioneer Rely to strengthen its FinTech position in the region

Pace Enterprise (Pace), a Singapore-based FinTech solutions company with "Buy Now Pay Later" (BNPL) platform, announced Wednesday that it has signed an agreement to acquire the assets of Rely, the home-grown FinTech startup that offers BNPL services in the region, for an undisclosed sum.

Singapore private equity firm Azalea launches first sustainability fund

Azalea Investment Management Pte. Ltd. (Azalea) has launched the Altrium Sustainability Fund I (ASF I), which will invest in environmental, social and governance (ESG) focused opportunities to achieve positive environmental and social outcomes alongside private equity financial returns. ASF I is a PE fund-of-funds product that enables institutional and…

Singapore’s Mighty Jaxx closes Series A funding with new strategic investors including iDreamSky Technology

Mighty Jaxx announced Tuesday the final, undisclosed close of its oversubscribed Series A+ funding round. The new tranche sees new strategic investors iDreamSky Technology Holdings Ltd along with another undisclosed, leading technology company with rich intellectual property (IP) resources coming onboard, fuelled by burgeoning interest in the phygital and…

Singapore esports player Ampverse raises $12M Series A funding led by Falcon Capital

Singapore esports player Ampverse on Tuesday announced its $12M Series A fund raise, the largest to date of any esports organisation in Southeast Asia. The round was led by global investment fund Falcon Capital. The round also included follow-on investment from both Singaporean fund Vulpes and Gandel Invest, both of whom participated in prior Ampverse…

China’s Greenland Financial Technology partners Singapore’s MetaVerse Green Exchange for cross-border digital carbon credits and crypto assets

Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a global Fortune 500 company and one of Shanghai’s largest state-backed enterprises focusing on real estate, infrastructure and finance, and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS), have…

Singapore’s FOMO Pay partners with Circle to use USD Coin for product offering

FOMO Pay Pte. Ltd. announced Thursday it has entered into a strategic agreement to collaborate with Circle Internet Financial, LLC (Circle). FOMO Pay will integrate USDC into its services, allowing its merchant, corporate and financial institution clients to seamlessly convert between USDC and fiat currency. This will take advantage of the inherent…

Singapore biotech firm Nalagenetics raises $12.6M Series A funding co-led by Intudo Ventures and Vulcan Capital

Nalagenetics announced Friday the closing of a $12.6 million Series A round of financing co-led by Intudo Ventures and Vulcan Capital. The round also saw participation from strategic investors, including Singapore-based Diagnostics Development Hub (DxD Hub) through the Agency for Science, Technology and Research’s (A*STAR) A*ccelerate Technologies Pte Ltd,…

Singapore’s prePO raises $2.1M in strategic round led by Republic Capital, IOSG Ventures

PrePO has closed a $2.1 million strategic round led by Republic Capital and IOSG Ventures, turbocharging its mission to democratize pre-public investing. Other participants in the round including MEXC, AscendEX, GCR, Shima Capital, Caballeros Capital, Dexterity Capital, HoneyDAO, NeptuneDAO; Founders from Gnosis, 1inch, Moonbeam, Zapper, Gelato, BarnBridge,…

2C2P partners with ShopeePay to boost digital payments in Southeast Asia

2C2P and ShopeePay announced Wednesday a new partnership to increase access to digital payments for consumers and merchants by enabling ShopeePay as a payment option to 2C2P’s extensive merchant network across five markets in Southeast Asia. The move will enhance connectivity to the digital economy, a key driver of regional economic development. With…

Singapore’s Handprint raises $2.2M seed funding led by Thunes

Handprint has raised $2.2 million in seed funding led by leading payments network Thunes, with participation from other angel investors. The funding will be used to further build Handprint’s technology and expand its network of impact partners, helping to advance Handprint’s mission to transform the extractive economy into a regenerative economy - making it…