Singapore
Malaysia’s Touch ‘n Go eWallet and Singapore’s Dotlines collaborate to include migrants into the cashless society
Touch ‘n Go eWallet announced Monday that it is collaborating with Singapore's Dotlines to provide digital solutions for migrants in Malaysia. A cashless society is now closer than before, and with this collaboration, the migrant community can fully embrace and be part of the cashless society.
Vickers Venture SPAC VCKA to merge with US biopharmaceutical firm Scilex
Vickers Venture Partners' Nasdaq-listed special purpose acquisition company (SPAC) Vickers Vantage Corp I is merging with Scilex Holding Company (Scilex), a majority-owned subsidiary of US pharma firm Sorrento Therapeutics, Inc and a commercial biopharmaceutical company focused on developing and commercializing non-opioid therapies for patients with acute…
Singapore’s Digital Treasures Center gets regulatory nod to provide digital payment token
Singapore payment firm Digital Treasures Center (DTC) said Wednesday the Monetary Authority of Singapore (MAS) has awarded the company In-Principle Approval (IPA) to provide digital payment token service together with other payment services. Digital payment tokens are commonly known as cryptocurrency. DTC is among the first few applicants to receive the…
Airwallex partners with Choco Up to empower cross-border e-commerce
Airwallex, announced Thursday its partnership with Choco Up to support the future growth of cross-border ecommerce. By combining Airwallex’s proprietary global payments infrastructure with Choco Up’s flexible recurring funding solutions, the partnership enables a comprehensive and integrated finance solution for e-commerce companies across Asia.
Malaysia’s Carsome acquires majority stake in Singapore integrated automotive firm CarTimes Automobile
Malaysia-based integrated car e-commerce platform Carsome Group Pte Ltd (Carsome) announced Thursday the acquisition of 51 percent stake in Singapore integrated automotive firm CarTimes Automobile Pte Ltd (CarTimes). Carsome said the acquisition is an important move that further strengthens its market leadership in the region, and reinforces its commitment…
Singapore’s PropertyGuru to debut on NYSE on Friday
The merger proposal was passed on Tuesday (March 15) at the extraordinary general meeting of Bridgetown 2.
Malaysia’s Carsome buys 51% stake in Singapore used car dealer CarTimes for $60M – report
The news comes as Carsome is said to be preparing for an initial public offering in the US later of the year.
Singapore machine learning firm Datature raises $2.7M from Openspace
Datature has raised $2.7 million from Openspace. January Capital also participated in the round. The latest funding will enable Datature to expand its platform offering in order to support more widespread use cases including video analytics, medical and point-cloud data ingestions, and a neural network cloud API for users to deploy artificial intelligence…
Singapore employment platform Multiplier raises $60M led by Tiger Global, Sequoia Capital India
Multiplier on Wednesday announced a $60 million Series B funding round co-led by Tiger Global and Sequoia Capital India with participation from DST Global Partners.The new investment brings Multiplier’s total funding to $77.2 million, taking their valuation to $400 million. This news comes in less than 3 months since Multiplier’s series A (led by Sequoia…
Singapore’s ShipsKart raises $2.7M Series A funding led by TMV and Hermes Offshore
Shipskart has closed an oversubscribed $2.7 million Series A to bring one of the maritime and offshore industry’s most analogue processes, the procurement of essential vessel supplies, online. The round was led by TMV and Hermes Offshore, with strategic investments from the likes of Motion Ventures, Tradeworks.vc and Eternia Investments. The fresh injection…
