Singapore

Lendela, the Singapore-based digital loan matchmaking platform, announced Thursday its successful $5 million Series A funding round. The oversubscribed round was led by Singapore-based Chocolate Ventures, with participation from Lendela’s seed investor Cocoon Capital.

Carro is also in the midst of securing “triple digit million dollar” financing from banks at around 5 percent annually.

Singapore-based prop-tech firm PropertyGuru has returned to the black by achieving a net profit of S$ 300,000 ($224,022) in the third quarter ended September 30, 2023, as compared to a net loss of S$7 million ($5.23 million) a year ago. The firm's total revenues grew 13 percent year on year to S$39 million ($29.12 million) in the third quarter, as total…

Singapore-based fintech platform iFAST Corporation Ltd. has announced the official launch of iFAST Global Hub.ai in Malaysia, a pivotal initiative in the group's three-year growth Plan to become a prominent global player in digital banking, wealth management, and pension administration solutions. As part of its strategic expansion, iFAST Global Hub.ai is…

Google Cloud has on Tuesday announced the appointment of Serene Sia as Country Director of its business in Singapore. Sia will be responsible for leading go-to-market strategy and operations spanning consulting, sales, and partner ecosystem, collaborating with teams across Google to help organizations in Singapore reimagine their business and industry using…

MiyaHealth, a Singapore-headquartered global software as a service (SaaS) HealthTech, has announced that it has secured ISO 13845:2016 certification and a CE Mark for GensuApp, its chronic disease management platform created in partnership with Bioton S.A., a Poland-based biotech company.

Nium, the Singapore-based real-time global payments, and Jeonbuk Bank (JB Bank), a South Korean financial institution, have announced a partnership on global remittance service. Under the partnership, the duo will offer the global remittance service targeted at the 2.5 million non-Korean residents that live in South Korea.

XREX, a Taiwan-based blockchain-enabled financial institution specializing in cross-border payments in emerging markets, announced last Thursday that its Singapore entity has obtained in-principle approval for a major payments institution (MPI) license from the Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator.

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have on last Friday launched the cross-border quick response (QR) payment linkage between Indonesia and Singapore. This linkage enables customers of participating financial institutions to make seamless cross-border retail payments using their existing mobile banking applications to scan QRIS…

Malaysian central bank Bank Negara Malaysia (BNM) and Singapore central bank the Monetary Authority of Singapore (MAS) have jointly launched the real-time payment systems linkage between Malaysia’s DuitNow and Singapore’s PayNow.