Singapore

Singtel launches Southeast Asia’s first nationwide quantum-safe network

Singapore Telecommunications Limited (Singtel) has on Thursday announced the launch of Southeast Asia’s first National Quantum-Safe Network Plus (NQSN+), which employs modern quantum security solutions to protect enterprises against quantum threats, as well as a customized program for enterprises to trial the technology before adoption.

Aprisium raises $7M in Series A funding round led by Deep-Tech Venture Partners and Cocoon Capital

Aprisium, an advanced contaminant detection and monitoring solutions provider based in Singapore, has on Wednesday announced the successful completion of its oversubscribed $7 million Series A funding round.

KPMG: Singapore FinTech deal activity rises amid declining investments in first half

Singapore fintech deal activity rises amid declining investments in the first half of 2024, KPMG said Tuesday. The country's fintech deal count rose by 19 percent to 117 deals in the first half of 2024 from 98 deals in the second half of 2023, but total deal volume fell 34 percent to $522.89 million from $790.10 million amid economic uncertainties.

Temasek strengthens senior leadership with new appointments

Singapore state-owned fund Temasek has strengthened its senior leadership with several new appointments.

Singapore’s iMin Technology enters Johor, Malaysia with new state-of-the-art production facility

IMin Technology, the provider of Android-based Point of Sales (POS) hardware and platform provider based in Singapore, has announced the grand opening of its cutting-edge manufacturing facility in Johor, Malaysia.

MAS sets up review group to strengthen equities market development

The Monetary Authority of Singapore (MAS) has announced that a Review Group has been set up to recommend measures to strengthen equities market development in Singapore.

EDBI and SEEDS merge to form SG Growth Capital to bolster Singapore’s efforts in building innovative enterprises in Singapore

Singapore-based global investor EDBI and SEEDS Capital (SEEDS) will be merged to form a new government investment entity called SG Growth Capital Pte Ltd.

Singapore’s M-DAQ Global acquires Malaysian payment firm Easy Pay Transfers

M-DAQ Global Pte. Ltd., a Singapore-headquartered fintech group, announced Wednesday that it has completed the acquisition of licensed business to business (B2B) payments service provider Easy Pay Transfers Sdn. Bhd.

Fraxtor breaks new ground with dual listing of real estate tokens in Singapore, Australia

Fraxtor Group, a blockchain enabled real estate co-investment platform, has announced the successful dual listing of a tokenized real estate investment in Singapore and Australia via two regulated financial institutions.

Singapore’s Beep raises $3.3M Pre-Series A funding and expands to Thailand, Malaysia

Beep, a Singaporean internet of things (IoT) transaction platform startup, has announced the close of its $3.3 million Pre-Series A investment.