Singapore

9Basil Group, a Thailand-based alternative investments firm, has on Thursday announced its acquisition of AlteriQ Global (AlteriQ), a boutique Asia-Pacific private credit platform based in Singapore.

TerraPay, a global money movement company based in the United Kingdom, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Singapore’s kids-tech startup myFirst Tech Holdings Pte Ltd (myFirst) has appointed SGX Mainboard-listed Fu Yu Corporation Limited (Fu Yu) as its exclusive contract manufacturer to propel a major North American expansion of its kid-safe digital platform.

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.

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.

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.

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.

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.

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.

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.