Singapore

Southeast Asia’s top 50 rising women in tech 2021 [Updated]

More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making environment over the past year due to COVID, women-led startups have secured multimillion-dollar rounds across a multitude of sectors.

Singapore caregiving platform Homage raises $20M Series C round led by Sheares Healthcare Group

The oversubscribed round makes it one of the largest financing rounds raised by an on-demand care platform in Southeast Asia and the Oceania region and brings Homage’s total funding to exceed $45 million.

SGX-listed iFAST Corp to continue digital bank ambition in Malaysia [Q&A]

It will target B40 segment while eyeing low-cost deposits globally.

Singapore skyline SGX SPAC

Singapore Exchange introduces SPAC listing framework

SGX said it will work with the Securities Investors Association (Singapore) to increase retail investors’ understanding of SPACs through collaborative efforts including the conduct of educational programs.

Central banks of Australia, Malaysia, Singapore, South Africa to test central bank digital currencies for international settlements

Led by BIS Innovation Hub’s Singapore Centre, the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.

ADDX, ICHAM ink $200M agreement linked to China government-granted quota for offshore investments

ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing government’s overall $5 billion QDLP quota. ADDX will be the primary venue for investments from the ICHAM fund in China authorized to raise capital from Chinese institutions and…

Singapore’s Accelerating Asia launches $20M Fund II

The targeted $20 million fund already has around 50 percent in soft commitments from existing investors and partners.

Singapore’s Zipmex bags over $41M in Series B funding round

Bank of Ayudhya’s corporate venture capital arm, Krungsi Finnovate, has joined as an investor. Plan B Media Public Company Ltd and Master Ad Public Company Ltd have also announced their commitment to the company in the Series B fundraising.

Singapore’s F&B startup Chope & Alipay forms strategic partnership

Through this strategic partnership, Alipay will provide Chope with its mini program Software-as-a-Service (SaaS) and know-how, while Chope becomes Alipay's platform partner with the capability to integrate a variety of mini programs quickly and flexibly.