Singapore
Singapore FinTech Festival 2023 attracts record 66,000 participants
The Festival extended its global reach this year, with participants hailing from 150 countries and regions, an increase from the 115 countries represented in 2022, and attracted a line-up of over 970 speakers.
Ant Group Digital Technologies Accelerates for Going Global
At the TrustBridge Forum held on Nov 15, Ant Group Digital Technologies, a business unit under Ant Group, has revealed its latest updates in the international market.
MAS strengthens regulatory measures for digital payment token services
The Monetary Authority of Singapore (MAS) has on Thursday published its final tranche of responses to feedback received on its proposed regulations for digital payment token (DPT) service providers in Singapore. The consulted proposals detail business conduct and consumer access measures to limit potential consumer harm.
United Kingdom’s LMAX gets license to offer NDF trading in Singapore
LMAX Group, a United Kingdom-based operator of institutional exchanges for trading foreign exchange (FX) and digital assets, has on Wednesday announced that it has secured license to offer non-deliverable forward (NDF) trading in Singapore (SG1) and London (LD4). LMAX's subsidiary LMAX Exchange Singapore, has received the recognized market operator (RMO)…
Singapore’s Climate Alpha raises $5M in seed round led by Jungle Ventures
Climate Alpha, a Singapore-based artificial intelligence (AI)-driven analytics platform for the real estate, asset management and insurance industries, has closed a $5 million seed round led by Jungle Ventures.
Aggregate Asset Management ties up with ADDX to list diversified deep-value equity fund
Global private market exchange ADDX has listed a deep-value equity fund, managed by Aggregate Asset Management (AAM), that uses machine learning to optimize investment strategy and returns. The fund targets a compound annual growth rate of 8 percent and is open-ended.
Antler announces $2M in funding for startups across Singapore and Indonesia
Antler, the Singapore-based early-stage venture capital firm, has invested another $2 million in 15 startups across Singapore and Indonesia. As a global investor, Antler has invested in over 900 startups, making them the most active investor globally and in Southeast Asia.
Singapore fintech firm Lendela secures $5M in oversubscribed Series A round
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.
Singapore’s Carro in talks to raise over $100M ahead of potential US IPO – report
Carro is also in the midst of securing “triple digit million dollar” financing from banks at around 5 percent annually.
PropertyGuru posts net profit of $224,022 in third quarter
Singapore-based prop-tech firm PropertyGuru has returned to the black by achieving a net profit of S$ 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…
