Singapore

Funding Societies, the largest small and medium-sized enterprises (SME) digital financing platform in Malaysia and Southeast Asia, announced Monday its latest enhanced product BizFund, to support creditworthy underserved Malaysian SMEs returning to their full economic potential as markets recover following the outbreak of the Covid-19 pandemic.

Grab, Southeast Asia’s leading superapp, announced Thursday two new initiatives to drive inclusive growth in Southeast Asia at the official opening of its Headquarters @ Singapore. The new initiatives include a $1 million GrabScholar Programme to disburse scholarships and bursaries to students across Southeast Asia, and a new GrabMerchant Centre to help…

Singapore-based FinTech firm Atome Financial announced Thursday it has entered into an $100 million debt facility with HSBC Singapore to supercharge Atome Financial’s flexible deferred payments business across Asia

Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital in various sectors of the Brazilian economy. By the terms of the agreement, Votorantim and Temasek will be partners in a new investment fund, in which both parties have committed…

Thunes, a Singapore-based cross-border payments company, announced Wednesday that it is accelerating the expansion of its services in the Middle East and North Africa (MENA) region, setting up an office in the Kingdom of Saudi Arabia, and appointing a new country head – Ahmad Yaacoub.

Nanyang Technological University, Singapore (NTU Singapore) and Royal Golden Eagle (RGE), a global resources-based manufacturing group, on Thursday launched the S$6 million ($4.36 million) joint research centre to accelerate innovation in textile recycling and translate research outcomes into practical solutions that can be deployed in urban settings like…

Revolut, the United Kingdom-based financial superapp, on Thursday launched a new cryptocurrency service in Singapore, enabling customers to securely buy, hold and sell cryptocurrencies with the tap of a button. Revolut is providing all customers in Singapore with more than 80 tokens available via its app.

Singaporean direct-to-consumer (DTC) startup Evo announced Wednesday the completion of its $600,000 seed funding round led by East Ventures. The round also saw participation from notable angel investors Aaron Tan from Carro, Joel Leong from ShopBack, Mohandass from Spenmo, and Jonathan Tan from Prism+.