Singapore

Society Pass launches universal, open-loop loyalty application targeted at the ‘Digital First’ Southeast Asia Region

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s leading data-driven loyalty and e-commerce ecosystem, announced on Monday the launch of the beta version of its universal, open-loop loyalty application, Society Pass, to earn and redeem loyalty points, Society Points, endeavouring to create permanent customer loyalty and replace cash…

Singapore’s ShopBack raises $80M Series F investment led by Asia Partners

ShopBack, a Singapore-based shopping and rewards platform, announced Friday that it has raised $80 million of new capital in a funding round led by Asia Partners. The raise is to support the group’s vision to build the leading shopping and rewards platform across the Asia Pacific region, ShopBack said in a statement. Existing investor January Capital also…

ADDX partners China Construction Bank on $200M allocation under China’s offshore investment scheme

Singapore's private market exchange ADDX and China Construction Bank (Chongqing and Singapore branches) have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced on Thursday the signing of a memorandum of understanding (MOU) that paves the way for…

Cordlife partners AMILI to launch gut microbiome banking service in Southeast Asia

Cordlife Group Limited (Cordlife), a Singapore Exchange mainboard listed consumer healthcare company, and AMILI Pte. Ltd. (AMILI), a Singapore-based microbiome firm, announced Tuesday a strategic partnership to provide the first-ever gut microbiome banking service in Singapore and the region.

Singapore’s Helicap raises $5M from Tikehau Capital and PhillipCapital

Helicap, a Singapore-based FinTech platform, said Wednesday it has raised $5 million in a strategic funding round from two global asset management powerhouses. The round was led by Temasek-backed international alternative asset management group Tikehau Capital, and integrated Asian financial house PhillipCapital, each with over $35 billion in Assets Under…

Singapore’s mum-focused e-commerce brand aggregator Rainforest raises $45M in equity funding

This latest financing brings Rainforest’s total capital to over $100 million since its launch in January 2021, the company further expects to reach profitability by the end of 2022.

Singtel partners Hyundai Motor Group to develop advanced manufacturing facility of the future with 5G

The HMGICS, the first of its kind in the world, will leverage Singtel’s 5G campus network with mobile edge core solutions that will provide uninterrupted high-speed connectivity and massive bandwidth to enhance HMGICS’s high-precision quality control in manufacturing operations.

Singapore’s Nansen launches crypto-native messaging application

Nansen, a Singapore-based blockchain data analytics platform, announced Wednesday the launch of Nansen Connect, a crypto-native communications hub designed to be a nexus for high-value, high-signal interactions for Web3 natives.

J&T Express partners Foodpanda to provide next-day deliveries in Singapore

Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…

TripleA announces the close of its first funding round, led by Razer’s corporate venture arm zVentures

TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS). This allows the company to provide end-to-end cryptocurrency payment services for businesses in full compliance with global regulatory standards.