Singapore

DBS expands blockchain capabilities by tokenizing and distributing structured notes

Singapore-based lender DBS announced Thursday it will tokenize structured notes on the Ethereum public blockchain and offer it to eligible investors on third-party digital investment platforms and digital exchanges.

Singapore’s X0PA AI establishes Dubai regional headquarters to expand AI-native recruitment platform to Middle East

X0PA AI, a Singapore-headquartered artificial intelligence (AI) recruitment platform, has established Dubai as its regional headquarters for Middle East operations, the company announced Wednesday.

Singapore’s Temasek weighs a major overhaul to improve returns – report

According to the report, under the proposal still being discussed at senior levels, Temasek could divide its business into three arms.

Carro partners SY Holdings to expand tech-driven financing solutions

Carro, the Singapore-based online used car platform, has signed a Memorandum of Understanding with fintech platform SY Holdings, entering a strategic partnership that will support Carro’s expansion plans through tech-enabled financing solutions.

Zoom: despite strong preference for AI, 92 percent of Singapore AI natives still want the option of human support in customer interactions

Despite strong preference for artificial intelligence (AI), 92 percent of Singapore AI natives still want the option of human support in customer interactions, a new study commissioned by Zoom revealed Wednesday.

Singapore’s Alchemy Pay integrates Sumsub’s Travel Rule solution to strengthen global compliance, security standards

Alchemy Pay, the Singapore-based fiat-crypto payment firm, announced Tuesday its collaboration with Sumsub, a global firm in verification, to integrate its Travel Rule solution across Alchemy Pay’s entire product suite.

Singapore’s SUNRATE secures payment business license in China

SUNRATE, the Singapore-based payment and treasury management platform, announced last Friday that it has secured a payment business license in China following its successful acquisition of a 100 percent stake in Transfar Pay, a unit of Shenzhen-listed Transfar Group.

Maybank raises Sea’s revenue and adjusted EBITDA estimates

Maybank Investment Bank has raised Sea's full year revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 3 percent to 6 percent.

Singapore’s Agridence secures global investment to accelerate multi-commodity compliance platform

Agridence Pte. Ltd., a Singapore-based technology firm in digital agri-commodity supply chains, announced Wednesday a funding round led by Cercano Management and supported by returning strategic investors EXEO Innovation Fund and Provident.

Alpadis expands regulatory capabilities with acquisition of Ingenia Consultants in Singapore

Alpadis, an independent, international provider of bespoke, technology-driven trust and corporate services, is joining forces with Ingenia Consultants, a compliance service provider for financial institutions in Singapore.