Singapore

Singapore-based payment firm DCS Card Centre (DCS) has announced Wednesday that it has rebranded from Diners Club Singapore to DCS, which represents a major transformation of the financial institution (FI).

VFlowTech, a Singapore-based provider of sustainable energy storage solutions, has announced its partnership with Monash University as they embark on a project that will advance rechargeable batteries for renewable energy storage.

Validus, a Singapore-based small and medium-sized enterprise (SME) business account and financing platform, has on Monday announced the appointment of Vineet Agarwal as the Chief Executive Officer (CEO) of Validus Capital in Singapore, effective August 1, 2023.

Airalo, the Singapore-founded eSIM marketplace, announced Tuesday the successful completion of its Series B financing round, raising an impressive $60 million. Led by e& capital, the investment arm of e&, the global technology group, this brings Airalo's total funding to $67.3 million.

Cerebry, a Singapore-based artificial intelligence (AI) edtech startup, has announced that it has raised a $1 million seed round led by Vietnam-based venture capital firm Ascend Vietnam Ventures (AVV). The funding round also saw participation from Pentathlon Ventures and strategic investors.

Deliveroo and Gojek have on Tuesday announced that they have signed a long-term partnership agreement delivering increased value for users in Singapore and enhancing experiences across both platforms.

X-PITCH, an annual startup contest for global deeptech startups in Singapore, is open for application. Ten awards will be presented at the November 10 Grand Finale, with the top three teams receiving investments totaling at least $1 million.

Hong Kong and Malaysia also signed 11 MoUs, including the one involving MTR Corporation.

United Kingdom and Singapore have agreed to enhance cooperation in sustainable finance and FinTech. They have agreed to contribute to efforts to develop global regulatory standards for crypto and digital assets as part of international standard setting bodies such as IOSCO, and working groups under the Financial Stability Board (FSB), and welcomed the FSB…

Telecommunication firms - South Korea-based SK Telecom, Germany-based Deutsche Telekom, Abu Dhabi-based e& and Singapore-based Singtel - have on Thursday announced that they formed the Global Telco AI Alliance to create a new customer experience and make a difference in the lives of global citizens using artificial intelligence (AI) technology.