Singapore

Singapore money transfer firm Nium secures license to expand payment services to Malaysia

Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time payments capabilities across the globe. With the addition of Malaysia, it now processes over 75 percent of transactions globally in real-time, and increases its total real-time…

Singapore’s Oddle raises $5M in Pre-Series B funding

Funds from this bridge round will power product development and regional market expansion in Singapore, Malaysia, Taiwan and Hong Kong.

Carousell, L Catterton SPAC merger talks end – report

The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger agreement with Carousell.

Singapore skyline SGX SPAC

Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund

The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.

SMU and Synagie partner to upskill and plug skill gaps in Southeast Asia’s ecommerce and tech workforce

The programs are specially designed to address the specific talent and skills shortages faced by the technology and eCommerce sector in Singapore and Southeast Asia, with the aim of upskilling over 3,000 sector professionals by 2025.

Scotch Whisky Johnnie Walker releases NFTs

The tokens unlock access to a unique piece of graphic design by artist Kode Abdo aka BossLogic.

Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B

This brings their total Assets Under Management (AUM) to over $1 billion.

Singapore’s Volopay partners with Visa to offer financial management solutions in Australia

Volopay, a Singapore-based corporate cards and payable management fintech firm backed by Y-Combinator, announced Thursday it has signed a partnership with Visa to be part of Visa’s Fintech Fast Track Program which will significantly expand Volopay’s offering of financial management solutions in the Australian market.

Singapore’s GIC leads $170M Series F financing in US blockchain data platform Chainalysis

Chainalysis, a United States-based blockchain data platform, announced Thursday a $170 million Series F financing led by GIC, Singapore's sovereign wealth fund, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon (BNY Melon) and…

East Ventures raises $550M multi-stage fund to focus on Indonesia and Southeast Asia startups

Indonesia-focused venture capital firm East Ventures has raised a total of $550 million in the final close of its latest fund. Headquartered in Singapore and founded in 2009, East Ventures has transformed into a holistic platform that provides multi-stage investment, including Seed and Growth for over 200 companies in Southeast Asia.