Singapore

Singapore’s Mighty Jaxx acquires Kinetiquettes and PLAYe to expand pop culture footprint globally

Mighty Jaxx, a Singapore-based integrated future culture platform that designs and produces digital and phygital collectibles, announced Monday the multi-million-dollar acquisitions of local companies Kinetiquettes, a high-end statue collectible company, and PLAYe, a specialised DTC platform of consoles, video games, collectibles, and action figures.

Singapore alternative funding startup Jenfi launches in Indonesia

Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes Vietnam.

Alipay+ partners ComfortDelGro for foreign mobile payments in Singapore

ComfortDelGro Taxi and Alipay+ announced Wednesday a partnership that enables mobile payments from Malaysia and South Korea, namely the Touch ‘n Go eWallet and Kakao Pay, to be accepted as cashless payment options in all its Comfort and CityCab taxis. Users of these mobile wallets can pay for the cab fare simply through the wallet apps without the need to…

Razer Fintech acquires Indonesian digital payment firm E2Pay

Razer Fintech’s acquisition of E2Pay expands the organization’s digital payment solutions into Indonesia, one of the region’s fastest-growing digital economies in the world.

ADDX is first Singapore financial institution to recognize crypto assets of accredited investors

Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purpose of onboarding accredited investors.

Singapore’s Cake DeFi pays a record $317M in rewards to customers

Cake DeFi, Singapore-based Decentralized Finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The company announced that it has paid out over $317 million in rewards as of end Q1 2022 while continuing to see robust business growth of an average of almost 90 percent quarter-on-quarter since 2019.

Grab launches mapping service GrabMaps

Singapore-based super app Grab Holdings Limited announced Wednesday the launch of GrabMaps, a new enterprise service that will allow the company to tap into the $1 billion market opportunity in Southeast Asia per year for mapping and location-based services.

Southeast Asia primed for investments to bridge sustainability opportunities, says Bain & Co, Temasek report

SEA needs to move from promises to action and bridging the gap between opportunities and results will be a key milestone. We remain bullish on the $1 trillion economic opportunities in SEA, but we need to step up as a region to strengthen the investable market and increase green capital flows,” said Dale Hardcastle, Partner and Director of the Global…

Singapore’s Omnistream closes $7M Series A investment led by SIG Venture Capital

Omnistream, a Singapore-based data-empowered solutions company for the retail industry, said Tuesday it has raised $7 million in Series A funding led by SIG Venture Capital, the Asian venture capital arm of Susquehanna International Group (SIG). The round also saw participation from Delivery Hero Ventures, an independently managed venture capital fund…