Singapore

Singapore's fintech firms Green Link Digital Bank (GLDB) and 129Knots have joined forces to launch a global embedded finance program aimed at unlocking liquidity in the marine fuel industry.

Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.

Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.

Respiree, a Singapore-based health tech company with artificial intelligence (AI) platforms, has announced the successful closing of a $11.6 million Series A financing round led by We Venture Capital and ClavystBio.

HeyMax, a loyalty and travel rewards platform based in Singapore, announced Wednesday that it has acquired krip, a Hong Kong-based fintech firm with integrated credit card benefits platform, to accelerate regional expansion.

Actis, a growth markets investor in sustainable infrastructure, has acquired a 100 percent stake in Barghest Building Performance (bbp), a Singapore-based energy-savings-as-a-service (ESaaS) provider for heating, ventilation and air conditioning (HVAC) systems in Asia.

The Monetary Authority of Singapore (MAS) has appointed the first three asset managers under the Equity Market Development Program (EQDP) - Avanda Investment Management, Fullerton Fund Management and JP Morgan Asset Management.

Singapore-based lender DBS announced Tuesday that it is democratizing coaching for its workforce with the launch of iCoach, a generative AI-powered (Gen AI) platform developed in collaboration with Marshall Goldsmith, one of the world’s top executive coaches.

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS) — flagship comprehensive research university in Singapore, is committing S$150 million ($116 million) to launch the NUS VC Program to boost growth of deep tech start-ups.

Singapore-based insurtech bolttech and OMRON Healthcare Singapore, an innovative medical equipment for health monitoring and therapy, have announced the launch of their premium care subscription plan in the city state.