Singapore
Singapore’s BuildBear Labs secures $1.9M to advance Web3 development tools
ingapore-based Web 3 firm BuildBear Labs has announced a successful fundraising journey, securing approximately $1.9 million to propel the growth of our flagship platform. The round
February 27, 2024
News,Electric Vehicles & Mobility,Singapore
GetGo, SBS Transit team up to advance sustainable mobility in Singapore
GetGo, Singapore’s car-sharing platform, and SBSTransit, a bus and rail operator in Singapore, have announced a new partnership to promote seamless and sustainable mobility solutions for a car-lite Singapore. Both companies have committed to jointly promote car-sharing for better first- and last-mile connectivity to or from SBS Transit’s islandwide rail and…
February 27, 2024
Fast-fashion firm Shein considers London IPO – report
Shein is said to be in the early stages of exploring the London option as the company has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the report added.
February 27, 2024
Singapore’s fintech firm Refy secures $525,000 pre-seed funding from Wavemaker Impact
Refy, a Singapore-based green asset fintech financier, has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of unlocking the market for small- and mid-sized green assets within the commercial and industrial (C&I) sectors.
February 27, 2024
News,FinTech,Venture Capital,Singapore,Malaysia
Singapore FinTech Association launches Project Tapir to connect Singapore’s FinTechs with Malaysian VCs
The Singapore FinTech Association (SFA) has launched Project Tapir, partnering with Malaysia-based venture capital (VC) firms, Artem Ventures and OSK Ventures International Berhad (OSKVI) to identify and showcase promising Singapore FinTech companies who are keen to launch in Malaysia.
February 26, 2024
Grab reports first quarterly profit; to buy back shares
Southeast Asia superapp Grab Holdings Limited has posted a profit of $11 million in the fourth quarter ended December 31, 2023, compared to a net loss of $391 million in the prior year period. The achievement was primarily due to the improvement in group adjusted EBITDA, fair value changes in investments, and lowered share-based compensation expenses.
February 23, 2024
Singapore coffee startup Prefer raises $2M in seed funding led by Forge Ventures
Singapore-based Prefer’s bean-free coffee has raised a $2 million seed round to secure global coffee supply. The firm said in a statement on Thursday that Forge Ventures led the round with participation from 500 Global, A*ccelerate, Better Bite Ventures, Sopoong Ventures, SEEDS Capital, Entrepreneur First and Pickup Coffee.
February 22, 2024
News,FinTech,Singapore,Indonesia
Helicap partners Bank Danamon to support alternative lending in Indonesia
Singaporean finTech firm Helicap Pte Ltd and Indonesian lender PT Bank Danamon Indonesia Tbk (Danamon) have on Thursday announced a strategic partnership to support fintech and alternative lending industry in Indonesia.
February 22, 2024
TNGlobal Insider,AI,Singapore,Opinion
Budget 2024: Singapore’s AI ambitions reveal untackled challenges for adoption
Businesses will be compelled to act immediately to integrate their current business processes and capture the benefits that #AI and other innovations can bring. But to secure the required investment, whether internally or externally, and to produce intelligent business outcomes – it will take careful consideration and a methodical strategy.
February 22, 2024
US’s Aptar Digital Health acquires Singapore healthcare firm Healint
Aptar Digital Health, a global digital health solutions provider, has on Wednesday announced that it has acquired Healint, a Singapore-based digital health company. The acquisition of Healint aligns with Aptar Digital Health strategy to broaden its portfolio in neurology and strengthen its global footprint for digital health deployment.
February 22, 2024