Singapore

DBS, UOB fund $413M data center campus by DayOne-INA in Indonesia

As part of ongoing efforts to expand Southeast Asia’s digital infrastructure, DBS and UOB have jointly provided a landmark IDR 6.7 trillion ($413 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia.

Singapore’s TOPPAN Security acquires Thailand’s smart card solutions provider dzcard

TOPPAN Security, a Singapore-based secure identity and payment solutions provider, announced Wednesday that it has entered into a definitive agreement to acquire dzcard Group, a Thailand-based provider of smart card solutions and personalization services.

Singapore’s Syfe raises $80M Series C for regional expansion

Singapore digital investment platform Syfe has announced the successful close of its Series C funding round of $80 million.

Singapore’s bolttech closes Series C fundraise at $147M

Singapore's insurtech bolttech announced Wednesday that it has closed Series C fundraise at $147 million, reflecting a company valuation of $2.1 billion.

Singapore’s FairPrice partners Google Cloud to improve retail experiences and operations

Singapore's retail group FairPrice Group (FPG) has partnered with Google Cloud to showcase FPG’s Store of Tomorrow (SOT) program, a roadmap to embed the latest cloud and artificial intelligence (AI) technologies into new and existing in-store and omnichannel retail touchpoints to redefine customer experiences at FairPrice supermarkets.

Singapore’s Thunes secures money transmission licenses to operate in the United States

Thunes, the Singapore-based payment firm, announced Wednesday it has secured the 50 licenses it requires to operate in the United States.

Ant International pushes AI strategy with AI platform for Fintechs

Ant International, a Singapore-based global digital payment, and financial technology provider, unveiled Wednesday its artificial intelligence (AI) strategy with the launch of Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform.

Singapore’s Thunes expands direct global network into Denmark, Norway, Sweden

Thunes, the Singapore-based fintech firm, announced Tuesday the further expansion of its direct global network with the launch of direct pay-to-bank services in Denmark, Norway, and Sweden.

Singapore’s MemeCore expands to South Korea with acquisition of KOSDAQ-listed company

MemeCore, a Singapore-based blockchain firm, has officially announced the commencement of its acquisition process for a KOSDAQ-listed company, marking a significant step in its expansion into the South Korean market.

Igloo launches tech solutions to boost insurance operations in SEA

Igloo, a Singapore-based regional insurtech, has launched Igloo tech solutions to boost insurance operations in Southeast Asia.