Singapore

Singapore regulator raises competition concerns on Grab’s plan to acquire Trans-cab

The statement comes after the CCCS completed its Phase 1 review of the proposed acquisition by Grab through its wholly-owned subsidiary, Grab Rentals Pte Ltd of 100 percent stake in Trans-cab.

Infosys and Temasek extend digital services joint venture for five years

Infosys, a global firm in next-generation digital services and consulting, has on Thursday announced a five-year extension of its successful joint venture collaboration with Temasek, a global investment firm headquartered in Singapore. Infosys Compaz (iCompaz), the Infosys-Temasek joint venture (JV) company, has collaborated with large corporations in…

Singapore’s Account Labs raises $7.7M to launch Google-login Web3 wallet

Account Labs, the Singapore-based Web3 wallet solution provider, has on Thursday announced it has raised $7.7 million from lead investors Amber Group, MixMarvel DAO Ventures, and Qiming Ventures, among other participants. The announcement comes alongside the launch of the firm’s first consumer-focused app, UniPass wallet, on Polygon.

Singaporean health deep tech startup Mesh Bio secures investment from East Ventures

Mesh Bio, a Singapore-based health deep tech startup, announced Thursday that it had raised an undisclosed amount of funding from East Ventures, a venture capital firm focusing on Southeast Asia. The funding will be allocated to further develop the digital twin technologies in chronic disease management and to expand its services across Southeast Asia,…

Jungle Ventures launches program to support early-stage startups

Singapore-based venture capital firm Jungle Ventures is launching First Cheque@Jungle, a bespoke program for partnering with seasoned operators at idea, pre-seed and seed stages.

Singapore’s UnaFinancial partners with UK’s Velexa to launch digital investing platform in the UAE

UnaFinancial (formerly known as Robocash Group), a Singapore-based fintech group, has partnered with Velexa, a United Kingdom-based wealthtech disruptor to launch a digital investing platform in the United Arab Emirates (UAE).

Bolttech, Allianz Partners team up to offer insurance solutions across APAC and US

Global insurance firm Allianz Partners and Singapore-based insurtech firm bolttech have announced a partnership to provide embedded device and appliance protection insurance across Asia Pacific (APAC) and the United States.

Singapore’s REPUBLIK closes $6M seed funding round, valued at $75M

REPUBLIK, a Singapore-based technology company, has announced the successful conclusion of its $6 Million seed funding round. The round saw participation from leading investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment…

Rapyd Survey unveils nearly 50 percent of Singapore businesses express need for innovative fintech solutions

Nearly one in two businesses in Singapore expressed a strong need for innovative fintech solutions to tackle business concerns, according to a recent study on business to business (B2B) cross-border payments published by global fintech leader Rapyd on Tuesday.