Singapore
StraitsX partners Ripple to launch XSGD Stablecoin on the XRP Ledger
StraitsX, a Singapore-based digital payment infrastructure provider, announced Tuesday the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralized layer-1 blockchain.
Singapore’s Investigate VC launches $500M global fund series
Investigate VC, a Singapore-based early-stage venture capital firm focused on high-growth startups with defensible network effects, has announced the launch of its new fund series - Fund 2 (I-III).
Proptech firm MilikiRumah launches maiden private equity fundraise of $50M
MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.
Singapore’s Whale secures $60M to expand enterprise AI suite globally
Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million.
MAS proposes to streamline prospectus requirements and broaden investor outreach channels for IPOs
The Monetary Authority of Singapore (MAS) is seeking feedback on proposals to streamline prospectus requirements and broaden investor outreach channels for initial public offerings (IPOs).
Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030
Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).
Brookfield acquires three high-tech business parks in first Singapore investment
Brookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state.
Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures
1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round.
Singapore’s Princeton Digital Group raises $1.2B in financing for data center expansion
Princeton Digital Group (PDG), the Singapore-based data center provider, announced Tuesday the successful raise of over $1.2 billion in financing to support its continued expansion and development of artificial intelligence (AI)-ready data center infrastructure across Asia.
Maybank sees strong momentum sustained for Sea
Maybank Investment Bank has revised up Singapore technology firm Sea's revenue/adjust earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts for FY25-27 by 6 percent to 8 percent following its strong first quarter.
