Singapore

Singapore’s Digital Edge secures $325M financing to continue expansion in Indonesia

Digital Edge (Singapore) Holdings Pte. Ltd., the Singapore-based data center platforms backed by global infrastructure investor Stonepeak, has announced the successful close of an IDR 5.5 trillion ($325 million) corporate facility from PT Bank Central Asia Tbk (BCA) for expansion in Indonesia.

Capital A partners Ant International to optimize treasury operations, enhance customer experience

Malaysia-based Capital A has partnered with Singapore-based Ant International to optimize treasury operations and enhance customer experience for its airline business, AirAsia.

Temasek-backed Fullerton launches first retail fund under EQDP

Temasek-backed Fullerton Fund Management has launched the first retail fund under the Equity Market Development Program (EQDP), after it was appointed by the Monetary Authority of Singapore as the first batch of asset managers under the EQDP announced in July this year.

HitPay partners Ingenico to launch payment solution to drive digital adoption for Filipino SMEs

The Singapore-based payments infrastructure platform HitPay has partnered with France-based electronic payment solutions firm Ingenico to launch "all-in-one" system to boost Philippine small and medium-sized enterprises (SMEs) digital payments adoption.

Singapore’s Valtor Solutions raises $700,000 in Pre-Seed funding led by Wavemaker Impact

Valtor Solutions, Inc., a Southeast Asia-focused construction sourcing and procurement firm, announced Tuesday it has raised $700,000 in Pre-Seed funding led by leading climate-tech venture build VC Fund Wavemaker Impact.

Dtcpay partners with WalletConnect to advance onchain payments and stablecoin adoption

Dtcpay, a Singapore-based licensed major payment institution (MPI), announced last Wednesday a strategic partnership with WalletConnect, the connectivity layer for the financial internet, to advance onchain payments and stablecoin adoption.

Singapore data center firm FLOW appoints new Chief Technology Officer

FLOW Digital Infrastructure (FLOW), a Singapore-based data center developer and operator in Asia Pacific, has appointed Ken Marron as Chief Technology Officer, effective immediately.

Singapore’s digital economy grows to $98.98B in 2024

Singapore’s digital economy grew by S$12 billion ($9.27 billion), expanding to a total of S$128.1 billion ($98.98 billion) in 2024, the Infocomm Media Development Authority (IMDA) said Monday.

Nanyang Biologics announces $1.5B business combination with RF Acquisition Corp II to pursue Nasdaq listing

Nanyang Biologics Pte. Ltd. (NYB), together with its subsidiaries, announced the signing of a business combination agreement with RF Acquisition Corp II, a publicly listed special purpose acquisition company, to pursue Nasdaq listing.

Singapore’s Supabase raises $100M in Series E funding round co-led by Accel and Peak XV

Supabase, the Singapore-based database firm, has raised $100 million in Series E funding at a $5 billion valuation.