Singapore

Hodlnaut has received an in-principle approval (IPA) letter for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PS Act).

Grab said it believes that "this extension is a reflection of the continued, collective belief by the members of the Executive Committee in the business fundamentals and prospects of Grab".

Malaysia Aviation Group (MAG) announced Tuesday a regional partnership with hoolah to provide a seamless and convenient payment option for travellers. Through this collaboration, travellers in Malaysia, Singapore and soon Hong Kong, can now book their getaway with MAG’s main airline, Malaysia Airlines online and pay for their flights via hoolah’s flexible…

The Pre-Series A funding round came after its Seed round in October last year. StratifiCare has secured close to S$1 million ($734,634) in an oversubscribed Seed round from investors including Asian Development Bank Ventures, Sprout, PatSnap CEO Jeffrey Tiong, and Carousell CEO Quek Siu Rui.

This will apply to individuals who derive income from NFT transactions or from trading in NFTs.

Cialfo has secured a further $20 million in funding as part of a Series B extension, led by United States-based investment firm Tiger Global. The news follows January’s announcement of a $40 million round co-led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. This brings the total raised to date to $77 million, including…

EthSign, a Singapore-based Web 3 application builder, announced Wednesday a $12 million seed round led by Sequoia Capital India and Mirana Ventures (Venture Partner of BitDAO and Bybit), along with participation from Sequoia Capital and Sequoia Capital China.

Cake DeFi has launched Cake DeFi Ventures (CDV), its venture capital arm with $100 million in earmarked capital. CDV is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, non-fungible token (NFT), blockchain and esports industries, that will bring synergistic value to Cake DeFi’s core business.

Funding Societies has selected banking-as-a-service (BaaS) provider MatchMove to offer virtual card solutions to their micro, small, and medium-size enterprises (MSME) clients in addition to their approved loans at affordable interest rates. This partnership would solve the growing need for MSMEs to manage their digital business expenses.