Singapore

Singlife partners GXS Bank to embed insurance for the digital bank’s first investment product

Singapore-based financial services company Singlife announced Wednesday a partnership with GXS Bank to embed insurance coverage for the bank’s first investment product on GXS Invest.

Airwallex: Singapore consumers lead the way in cross-border eCommerce adoption

Singapore consumers lead the way in cross-border eCommerce adoption, expect transparency and trust at checkout, new Airwallex study revealed Wednesday.

Singapore, UK collaborate on energy transition, sustainable infrastructure investments in SEA

Singapore and the United Kingdom (UK) have announced a collaboration on last Sunday to drive clean energy transition and advance the development of sustainable infrastructure across Southeast Asia.

Singapore and China reaffirm commitment to advance cooperation in green and transition finance

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) reaffirmed their commitment to advance cooperation in green and transition finance between Singapore and China at the 3rd Singapore-China Green Finance Taskforce (GFTF) meeting on last Thursday.

Temasek joins fintech firm iCapital’s $820M funding round

ICapital, the global fintech company, announced Thursday it has raised over $820 million with the completion of its latest financing round, bringing the company’s valuation to over $7.5 billion.

Singapore-founded Airalo becomes the first eSIM unicorn with an investment round of $220M

Airalo, a Singapore-founded eSIM provider, announced Thursday a $220 million investment led by new investor, CVC.

Singtel subsidiary NCS launches $102M AI transformation initiative across Asia Pacific

As artificial intelligence (AI) is becoming fundamental to drive transformation, Singtel's subsidiary NCS announced Thursday a S$130 million ($102 million) investment over three years to lead change across Asia Pacific (APAC).

Singapore’s EdTech platform Geniebook achieves profitability; expands with acquisitions

Singapore-based EdTech firm Geniebook has achieved three straight quarters of profitability and expands its hybrid strategy with two major acquisitions.

ShopBack secures MPI license from MAS for digital payments

ShopBack, a Singapore-based shopping, rewards, and payments platform, announced Tuesday that it has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS) for digital payments.

Japan’s SMFG appoints Mazhari as groupwide AI transformation advisor; jointly launch Agentic AI venture in Singapore

Japanese multinational financial services group Sumitomo Mitsui Financial Group, Inc. (SMBC Group) announced Tuesday it will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide artificial intelligence (AI) strategy and integration.