Latest news and trends about tech

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.

Philippine OneLot raises $3.3M in funding co-led by Accion Ventures and 468 Capital

OneLot, the Philippines’ financing platform for used car dealers, has raised $3.3 million in seed funding to expand affordable financing and digital tools for independent dealerships.

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.

city with high rise buildings during night time

The Singapore-Johor AI corridor: A sandbox for U.S.-China tech coopetition and model for cross-border digital cooperation?

The Singapore-Johor AI Corridor not only has the potential to drive economic growth in both countries and within the Association of Southeast Asian Nations (ASEAN), but also shapes how interconnected economies and technology and AI ecosystems can develop in a new digital global village.

Petronas, Enilive and Euglen team up to launch new biorefinery in Pengerang Johor of Malaysia

Pengerang Biorefinery Sdn. Bhd., a joint venture between Petronas, Enilive S.p.A and Euglena Co., Ltd, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia.

Singapore’s TGV hits two major portfolio milestones – Forge Global’s $660M acquisition; Animoca Brands’ planned Nasdaq listing

True Global Ventures (TGV), the Singapore-based global venture capital firm investing in artificial intelligence (AI) and blockchain technology companies, have celebrated a historic week in the United States as Forge Global's $660 million acquisition and Animoca Brands' planned Nasdaq listing mark defining moments for the firm's Funds 4 and 5.

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.