Singapore

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.

GFTN Capital partners with SBI to debut $200M fund to fuel global innovation

GFTN Capital Pte. Ltd., a Singapore-based growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Wednesday a partnership with SBI Holdings and SBI Ven Capital Pte. Ltd. (SBI Ven Capital) to launch a $200 million global innovation fund.

HitPay, Yuno team up to expand local payment access across Asia Pacific

HitPay, a Singapore-based provider of local payment infrastructure in Asia Pacific, and Yuno, a global financial infrastructure firm, have formed a strategic partnership to simplify payments complexity for international merchants expanding into Asia.

MAS launches statement of support for the development of high-integrity energy transition credits

The Monetary Authority of Singapore (MAS) has on Monday released key insights from the Transition Credits Coalition’s (TRACTION) final report, and published a statement of support for energy transition credits.

Standard Chartered partners DCS Card for stablecoin spending

Standard Chartered announced Tuesday a partnership with DCS Card Center as the principal banking partner for DeCard, a next-generation credit card enabling seamless stablecoin spending in the real world.

QuantLeap and TransBnk India ink MOU to accelerate transaction banking innovation across SEA

TransBnk India, an India-based transaction banking infrastructure, and QuantLeap, a Singapore-based digital finance transformation company, have signed a strategic memorandum of understanding (MoU) to modernize and accelerate transaction banking innovation across Southeast Asia, Japan, and wider Asia-Pacific (JAPAC) markets.