Singapore
Singapore’s regulator issues guidelines to discourage cryptocurrency trading by general public
The Monetary Authority of Singapore (MAS) on Monday issued guidelines giving effect to MAS’ expectations that Digital Payment Token (DPT or more commonly known as cryptocurrency) service providers should not promote their DPT services to the general public in Singapore.
India’s Imagine Marketing acquires Singapore’s KaHa to boost wearable products
Imagine Marketing Private Limited announced Monday the acquisition of KaHa Pte Limited. The acquisition will enable Imagine Marketing to augment its wearable product offerings in terms of the concept, design, electronic firmware, algorithm development, Android/ iOS applications, new feature integration, social engagement and analytics, and lead the way by…
Singapore real estate investment platform RealVantage receives capital markets services licence from Singapore’s regulator
RealVantage is now fully regulated by Singapore’s central bank to deal in capital markets products and more critically, open the heavily-gated world of private equity real estate investments to Singapore-based retail investors, with immediate effect.
Singapore EdTech firm ErudiFi raises debt facility of $15M with Helicap
ErudiFi has secured a debt facility of $15 million from Helicap. This funding round will help support the firm in providing for the needs of students across the Philippines and Indonesia, by offering them affordable tuition installment plans.
Singapore logistics firm Haulio secures $7M investment led by Temasek’s Heliconia Capital
Haulio has raised $7 million in a Series A funding round led by Temasek unit Heliconia Capital. The round also saw participation from new and existing investors across the globe. The startup will use the funds to drive stronger haulage capabilities, enhance service quality, elevate product engineering and development, reinforce talent acquisition and scale…
Sweden blockchain startup ChromaWay raises $10M funding led by True Global Ventures
True Global Ventures 4 Plus (TGV4 Plus) Fund has invested $5 million into ChromaWay, leading the $10 million latest fundraising round.
FTAG Ventures leads $4.5M round for Singapore livestreaming solutions provider BeLive Technology
FTAG Ventures has spearheaded a S$6 million ($4.45 million) bridge funding round for BeLive Technology, a Singapore-based livestreaming solutions firm aiming to expand its presence globally by establishing partnerships with e-commerce giants, apps and brands. This development follows news last year when FTAG Ventures announced that it had acquired a…
Singapore’s Sesto Robotics bags $5.7M from WTI Germany, TRIVE and SEEDS Capital
Sesto Robotics has raised $5.7 million funding from institutional investors TRIVE, German-based World Trading Inovation WTI GmbH and SEEDS Capital. It will be utilizing the funds raised for enhancing its capability to support overseas partners and to invest in digital marketing. In addition, the company will continue to invest in the development of its…
Startup accelerator F10 to incubate early-stage blockchain startups in Singapore with Klaytn Foundation
F10 will partner with Klaytn Foundation to launch an Incubation Program in Singapore. The program will support early-stage startups built on Klaytn, a blockchain platform developed by internet giant Kakao Corp. The 3-month program kicks off in April 2022 and will enable entrepreneurs to develop ideas or minimal viable products (MVPs) into scalable…
Singapore cross-border payment firm Thunes kicks off expansion into Greater China
Thunes plans to significantly accelerate the expansion of its operations in Greater China, spanning mainland China, Hong Kong, Taiwan, and Macau. This news follows the recent appointment of Daphne Huang, Senior Vice President (SVP) for Greater China, who will leverage her deep market expertise to spearhead Thunes' growth strategy.
