Singapore
MAS and IFSCA to pursue cross-border FinTech innovations
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) on Monday signed a FinTech co-operation agreement (CA) to facilitate regulatory collaboration and partnership in FinTech. MAS and IFSCA will leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of…
Sea Ltd’s top management to forgo salaries as firm cuts cost – report
The company’s main objective for the next 12 to 18 months is to achieve positive cash flow as soon as possible.
Glife Technologies closes Series A with $3M investment from Tin Men Capital
Glife Technologies (Glife), a Singapore-headquartered digital business-to-business (B2B) food and agritech company, has announced a $3 million Series A follow-on funding to further support their operations across the Southeast Asia region.
Singapore and Indonesia-based Fazz secures $100M Series C funding
Singapore and Indonesia-based digital financial services group Fazz (previously known as Fazz Financial Group), announced Wednesday a $100 million Series C funding round. This consists of $75 million in equity, which includes investment from existing investors such as Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company.
MAS and SGX launch ESGenome disclosure portal
The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) on Monday jointly launched ESGenome, a digital disclosure portal for companies to report environmental, social and governance (ESG) data in a structured and efficient manner, and for investors to access such data in a consistent and comparable format.
Singapore digital bank Trust reaches 100,000 customers
Singapore digital bank Trust announced Tuesday that its community of customers has reached 100,000 following its launch on 1 September.
Singapore’s Playground closes pre-seed round co-led by East Ventures and Mirana
Playground, a Singapore-based platform dedicated to Web3 Gaming and non-fungible token (NFT) discovery, announced Tuesday the completion of its oversubscribed pre-seed funding round co-led by East Ventures and Mirana Ventures.
Singapore’s M-DAQ Global opens Japan office as part of international expansion
M-DAQ Global, a Singapore-headquartered fintech company, announced Monday that it has expanded its global footprint with the opening of its Japanese office through its wholly-owned Japanese subsidiary, M-DAQ Japan K.K.
Singtel partners Intel to launch 5G multi-access edge compute incubator
Singtel on last Friday announced its collaboration with Intel to establish a 5G Multi-access Edge Compute (MEC) incubator that will enable enterprises to adopt 5G seamlessly, deploy applications that need low latency processing at the edge, drive innovation and accelerate their digital transformation.
Singapore’s Temus makes first acquisition with Dreamcloud
Temus, a Temasek-backed Singaporean digital transformation firm, announced Thursday the completion of its first acquisition, Dreamcloud, a home-grown Singapore-headquartered system integrator.
