Singapore
Singapore’s Omni HR raises $7.4M to fuel expansion
Singapore-based employee management platform, Omni HR, has on Monday announced it has recently closed $7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.
Rethinking Venture Capital: How Gobi Partners’ value-driven strategy achieved three exits in one year
Despite headwinds, Gobi Partners saw three of its portfolio startups exit over the last year, generating $350 million in total value with a 20x return on investment. The companies represent diverse sectors and exit strategies: e-commerce enabler Synagistics’ de-SPAC in Hong Kong, Mize’s acquisition by Korea’s Yanolja and Brite Semiconductor’s IPO on the…
MAS and ABS launch electronic deferred payment solutions in mid-2025
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.
Singapore’s Temasek establishes $7.5B wholly-owned private credit platform
Singapore's state investor Temasek has on Friday announced the formation of a wholly-owned private credit platform with initial funding of about S$10 billion ($7.47 billion).
Global Insurtech firm discovermarket expands into Latin America, launching in Brazil
With this expansion, discovermarket aims to transform the future of embedded insurance in the region by bringing innovative insurance solutions, technology, and expertise to Latin America’s rapidly evolving Insurtech landscape.
Australia and Singapore collaborate to support sustainable infrastructure and decarbonization in Southeast Asia
The Australian government has approved a $50 million investment into the Green Investments partnership (GIP) under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative.
Singapore’s Crypto.com partners with Mastercard to scale the digital payments industry in GCC region
Singapore-based cryptocurrency exchange firm Crypto.com has secured a principal license with Mastercard, enabling the company to directly issue cards on Mastercard’s network.
Grab picks AWS as preferred cloud provider to drive technology innovation and growth
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company , announced Thursday that Grab, Southeast Asia’s leading superapp, has selected AWS as its preferred cloud provider.
Coca-Cola, Grab expand partnership to deliver innovative consumer experiences in Southeast Asia
Singapore-based superapp Grab and global soft drink manufacturer Coca-Cola are advancing their strategic partnership in Southeast Asia to better engage today’s increasingly hybrid shoppers.
Thailand Post partners with insurtech firm bolttech to launch online motor insurance
Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.
