Singapore
US’s Boku launches Innovation Hub in Singapore to provide cross-border payment solutions
Boku, the global network for localized payment solutions, announced Wednesday the launch of its Innovation Hub in Singapore.
Singapore’s Nium to join Visa’s stablecoin settlement pilot to support its cross-border payments
Nium, the Singapore-based fintech firm, announced Wednesday it has elected to participate in Visa’s stablecoin settlement pilot, an initiative that enables select partners to settle with Visa using stablecoins across supported blockchains.
DBS and Kinexys by J.P. Morgan to develop framework for interbank tokenized deposit transfers across multiple blockchains
Singapore-based lender DBS and Kinexys by J.P. Morgan are exploring the development of an interoperability framework to enable tokenized value transfers between both banks’ on-chain ecosystems – DBS Token Services and Kinexys Digital Payments.
GFTN Capital partners Accion to advance inclusive FinTech
GFTN Capital Pte. Ltd., a growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Tuesday a strategic alliance with Accion, a global nonprofit that supports innovative financial service providers in building a more inclusive world.
MAS and UK FCA announce partnership on AI-in-Finance
The Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) have on Wednesday announced a new strategic partnership on artificial intelligence (AI) in Finance between Singapore and the United Kingdom (UK).
Finmo, Standard Chartered team up to integrate global currency accounts
Finmo, the Singapore-based treasury operating system firm, has partnered with Standard Chartered, an international banking group, to launch global currency account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.
Singapore’s Anomaly Bio raises $2.6M in pre-seed funding led by Pebblebed Ventures
Singapore-based biotech startup Anomaly Bio has raised $2.6 million in pre-seed funding led by the United States-based Pebblebed Ventures.
Singapore’s Transcelestial gets $9.7M funding to accelerate laser communications deployment across Japan
Singapore-based wireless laser communications technology firm Transcelestial has expanded its total funding to $34.7 million with an additional close of its latest round of $9.7 million.
Sea’s revenue jumps 38.3 percent on year in third quarter
Sea Limited, the Singapore-based tech giant, announced Monday its revenue soar 38.3 percent year on year to $6 billion in the third quarter, underpinned by growths across all sectors.
Aster and Aether Fuels partner on the first next-generation commercial sustainable aviation fuel plant in Singapore
Aster, a provider of energy and chemical solutions in Southeast Asia, and Aether Fuels (Aether), a sustainable aviation fuels (SAF) producer, have on Tuesday signed an agreement to develop the first next-generation, commercial-scale SAF production facility in Southeast Asia at Aster Pulau Bukom in Singapore.
