Singapore
MAS expands scope of regulated payment services
The Monetary Authority of Singapore (MAS) has on Tuesday introduced amendments to the Payment Services Act (PS Act) and its subsidiary legislation to expand the scope of payment services regulated by MAS, and to impose user protection and financial stability-related requirements on digital payment token (DPT) service providers.
April 5, 2024
News,SEA,Electric Vehicles & Mobility,Singapore,Malaysia
EV charging operators from Singapore and Malaysia combine networks through roaming
Electric vehicle (EV) charging operators Charge+ from Singapore and ChargeSini (Chargehere EV Solution Sdn Bhd) from Malaysia have signed a roaming collaboration agreement that grants EV drivers from both parties access to each other’s charging networks.
April 5, 2024
HubSpot : more than half of marketers in Singapore are using generative AI tools to develop more relatable, better-performing content
To better engage customers on social media platforms, more than half of marketers in Singapore are using generative artificial intelligence (AI) tools to develop more relatable, better-performing content, HubSpot said in a statement on Thursday.
April 4, 2024
News,Indonesia,InsurTech,Singapore
Igloo partners with Tokopedia to extend insurance protection in Indonesia
Singapore-based insurtech firm Igloo has on Wednesday announced its partnership with one of Indonesia’s unicorns and leading e-commerce companies, Tokopedia, to make purchase protection products more accessible and convenient for consumers.
April 4, 2024
SC Ventures partners NEXT176 to launch wealth platform
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and NEXT176, the venture building and investment arm of Old Mutual, a Pan-African financial services group, have joined forces to launch an inclusive financial wellness platform.
April 4, 2024
News,SEA,Malaysia,Singapore,eCommerce
Shopee doubles down on operational and logistics investments in Malaysia
Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.
April 3, 2024
News,Indonesia,Sustainability,Singapore,Philippines
Singapore climate tech startup WasteX gets $450,000 from P4G Partnerships
WasteX, a Singapore-based climate tech company operating in Indonesia and the Philippines, has secured $450,000 in funds from P4G Partnerships, an initiative that helps businesses working on climate mitigation and adaptation solutions in food, water, and energy.
April 3, 2024
Carousell acquires Singapore’s luxury bag reseller LuxLexicon
Carousell Group, a multi-category platform for secondhand in Greater Southeast Asia, has acquired the business of Singapore’s luxury bag reseller and authenticated luxury consignment platform LuxLexicon.
April 2, 2024
MAS launches COSMIC to strengthen financial system’s defence against money laundering, terrorism financing
The Monetary Authority of Singapore (MAS) has on Monday launched COSMIC, the first centralized digital platform to facilitate sharing of customer information among financial institutions (FIs) to combat money laundering (ML), terrorism financing (TF) and proliferation financing (PF) globally.
April 1, 2024
Tin Men Capital leads $2.7M Pre-Series A round investment in Singapore’s Ailytics
Ailytics, a Singapore-based business to business (B2B) heavy industry software startup, has successfully secured its oversubscribed Pre-A funding of $2.7 milllion, led by Singapore-based venture capital firm, Tin Men Capital.
April 1, 2024