Singapore

Singapore fintech firm Chocolate Finance announced Wednesday the launch of its spare cash management account. The firm redefines cash management with an enticing 4.2 percent per annum return on the first S$20,000 ($15,178) and a target of 3.5 percent per annum on subsequent amounts.

Syfe, a Singapore-based saving and investment platform, has on Wednesday announced that it has closed a $27 million funding round, increasing its valuation and bringing total funds raised to $79 million.

Singapore-based tech conglomerate Sea Limited has raised the outlook for its e-commerce arm Shopee amid strong e-commerce momentum.

Singaporean bank DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with fintech firm Ant International.

Global technology company Wise announced Tuesday it has expanded its holding and spending limits for the Wise Account in Singapore. This comes as Wise celebrates a 30 percent year-over-year growth in its local customer base, driven by increased demand for faster, low-cost and more transparent international payments.

Antler, a Singapore-based early-stage venture capital firm, has on Tuesday announced the $72 million close of its second Southeast Asia fund, Antler SEA Fund II. The new Fund will continue investing in early-stage tech-enabled companies in Southeast Asia with pre-launch, pre-seed, and seed capital.

Singapore-based cybersecurity firm Group-IB has Malaysian government-owned CyberSecurity Malaysia to establish a framework to fortify Malaysia’s cyber resilience, and safeguard its national interests and critical IT infrastructure.

CyberSecurity Malaysia (CSM), the national cybersecurity specialist agency under the purview of Malaysia’s Ministry of Digital, has inked deal with Singaporean artificial intelligence (AI) security firm Flexxon, Malaysian cybersecurity firm AI MSP to bring intelligent hardware security solutions to Malaysia.

UnaBiz, a Singapore-based massive internet of things (IoT) service provider and integrator announces the successful first close of its $25 Million pre-series C funding with KDDI Open Innovation Fund 3 (KOIF III) and KYOCERA Communication Systems Co., Ltd (KCCS).

Taishin Bank, one of the largest commercial banks in Taiwan, has partnered with OneDegree Global, a Singapore-based cybersecurity and risk management solutions provider, for a proof of concept.