Singapore

The Librarian raises $2M in seed round led by Golden Gate Ventures

The Librarian, a Seattle-and-Singapore-based artificial intelligence (AI) assistant, has raised $2 million in seed funding led by Golden Gate Ventures.

Singapore’s Bioactivx raises $1.43M in seed round led by Cocoon Capital

Bioactivx (BAX), a Singapore-based biomaterials startup, has closed its $1.43 million seed funding round led by Cocoon Capital, with participation from global strategic investors.

GenAI Fund allocates over $6M to AI startups

The Singapore-based artificial intelligence (AI)-focused venture fund and corporate innovation platform GenAI Fund announced Thursday a $6 million allocation for six AI startups.

MAS issues guidelines for AI risk management

The Monetary Authority of Singapore (MAS) has on Thursday issued a consultation paper proposing a set of Guidelines on AI Risk Management to guide financial institutions on the responsible use of artificial intelligence (AI) in the financial sector.

Mastercard and Thunes team up to bring stablecoin payouts to the mainstream

Mastercard and Thunes, the Singapore-based fintech firm, have teamed up to accelerate global money movement for banks, payment service providers and end-users by expanding stablecoin wallet payout capabilities.

Coinbase Business marks first international expansion by launching in Singapore

Coinbase Business, the United States-based crypto operating platform, is launching in Singapore - its first international market.

TransBnk partners DigiAlly to accelerate digital transaction banking, SME credit enablement across ASEAN

TransBnk Solutions Private Limited, a transaction banking technology infrastructure provider, and DigiAlly, a Singapore-based fintech firm, announced Tuesday a strategic partnership to deliver seamless, compliant, and fully digital transaction banking and credit enablement journeys for corporates, banks, non-banking financial company (NBFCs), and fintechs…

Nextvestment partners Phillip Securities to launch AI trading platform

Singapore-based investment platform Nextvestment announced Wednesday a strategic collaboration to introduce POEMSGPT, an intelligent financial-guidance copilot integrated within Phillip Securities' flagship POEMS trading platform.

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How Singapore can win the AI race – and why it’s not just about technology

Keeping pace will require reimagining what Singapore has long done well: An adaptive compact between state and enterprise, updated for the AI age.

Australia’s BC Payments secures MPI license from MAS

Australia-based Banking Circle S.A. (Banking Circle) announced Wednesday that its wholly owned subsidiary BC Payments Pte. Ltd. (BC Payments Singapore) has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS).