Tagged: singapore

June 9, 2026 @ 5:32 am By Michael Wong  |  

Singapore-based growth equity firm Panthera Growth Partners has invested $30 million in Innefu Labs, an Indian artificial intelligence (AI) company focused on national and cyber security, as the company scales its sovereign AI platforms and prepares for an initial public offering. The capital injection, completed… Read More

June 8, 2026 @ 7:28 pm By Michael Wong  |  

Singapore-headquartered DayOne Data Centers said it has announced the final closing of its Series C equity financing with total gross proceeds of $4.5 billion, as the global digital infrastructure platform moves to accelerate expansion across Asia Pacific and Europe. The Series C round was led… Read More

June 8, 2026 @ 3:49 am By Omar Faridi  |  

Fintech Airwallex has announced its acquisition of Leapfin, a provider of financial data automation solutions focused on revenue recognition and reconciliation processes.  This move enhances Fintech platform Airwallex’s existing offerings, enabling companies to efficiently convert raw operational transaction information into fully compliant financial statements aligned… Read More

June 4, 2026 @ 4:39 am By Omar Faridi  |  

Singapore-based fintech Thunes has introduced real-time payment capabilities for sending funds into the US from international markets. Announced recently this month, this latest development now reportedly enhances its Direct Global Network, allowing businesses and consumers worldwide to transfer USD with exceptional speed, cost optimization, and… Read More

June 3, 2026 @ 12:19 am By Omar Faridi  |  

Singapore-based DBS Group (SGX:D05) is set to significantly strengthen its wealth management operations by launching 18 new wealth centres and upgrading 36 existing ones across key Asia-Pacific markets by the end of 2027. This initiative represents the largest physical expansion in the bank’s wealth franchise… Read More

June 1, 2026 @ 2:36 am By Michael Wong  |  

Southeast Asia’s AI infrastructure market is still young, uneven, and heavily concentrated in Singapore. The sector has drawn about $1.2 billion in disclosed equity funding across Indonesia, Malaysia, Singapore, and Thailand from 2015 to 2026, according to a report by private market data platform Tracxn…. Read More

May 31, 2026 @ 3:05 am By Michael Wong  |  

Singapore’s central bank said it has issued a circular guiding financial institutions to establish a client’s source of wealth in a risk-proportionate way, as part of efforts to make account opening in the wealth management industry more efficient while maintaining sound regulatory standards. The Monetary… Read More

May 25, 2026 @ 11:19 am By Michael Wong  |  

A Nasdaq-listed fertility services company is making a bet on one of the internet’s more speculative frontiers: AI-powered prediction markets. NewGenIVF Group has made an initial $2 million strategic investment in K25.ai, a Singapore-based AI-native live streaming and watch-to-predict platform, as part of a Pre-A… Read More

May 24, 2026 @ 8:47 am By Michael Wong  |  

The Singapore government is taking another step to position itself as a carbon markets hub, this time partnering with the World Bank Group to launch a carbon markets program, according to an announcement. The initiative, dubbed Singapore Carbon Markets Program, aims to help countries build… Read More

May 23, 2026 @ 8:22 am By Michael Wong  |  

For Edward Robinson, deputy managing director for economic policy and chief economist at Monetary Authority of Singapore, the gains from artificial intelligence (AI) are unlikely to arrive quickly due to a mix of shocks from tariffs, energy, and geopolitics. During the 13th Asian Monetary Policy… Read More

May 21, 2026 @ 8:49 am By JD Alois  |  

Bsquared Technology has lost its regulatory approval issued by the Monetary Authority of Singapore (MAS).  The regulator stated that Bsquared was banned from providing digital payment token services on May 14th. MAS said an on-site inspection revealed serious regulatory compliance violations. This included a claim… Read More

May 18, 2026 @ 12:19 am By Michael Wong  |  

Singapore’s central bank will ease some rules governing the sale of complex investment products to retail investors, as regulators seek to balance investor protection with growing demand for self-directed investing platforms and digital financial services. The Monetary Authority of Singapore (MAS) said it will proceed… Read More

May 10, 2026 @ 12:41 pm By Michael Wong  |  

Singapore retained its position among the world’s stronger jurisdictions for combating illicit finance after the Financial Action Task Force (FATF) said the city-state has a “robust and effective” framework to counter money laundering, terrorism financing, and proliferation financing. The development comes as regulators push for… Read More

May 6, 2026 @ 2:30 am By Michael Wong  |  

Featherless.ai, a Singapore-based artificial intelligence infrastructure firm, has secured $20 million in Series A funding to expand its platform for deploying open-source AI models. The round was co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures, Kickstart Ventures, Panache Ventures, and… Read More

May 3, 2026 @ 11:28 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has moved forward with proposed changes to the Securities and Futures Act 2001 that would make it easier for companies to pursue dual listings on the Singapore Exchange and overseas markets. The proposed framework is designed to support the… Read More

April 26, 2026 @ 5:40 pm By Michael Wong  |  

Robinhood (NASDAQ:HOOD)  has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer brokerage services in the city-state, marking a key step in the U.S.-based fintech firm’s expansion into Asia’s fast-growing retail investment market. The approval allows Robinhood to move closer to launching a… Read More

April 25, 2026 @ 4:34 pm By Michael Wong  |  

Singapore SMEs do not appear to lack interest in artificial intelligence. What many lack is a clear starting point, and the financing, partners, and safeguards to move from experimentation to deployment. DBS, Enterprise Singapore and the Infocomm Media Development Authority are seeking to address that… Read More

April 20, 2026 @ 7:59 am By Michael Wong  |  

Financial institutions are moving further into blockchain-based settlement infrastructure, with Singapore Gulf Bank (SGB) launching a stablecoin minting and redemption service aimed at corporate and high-net-worth clients. The Bahrain-based lender said the new offering enables clients to convert fiat currencies into digital tokens, and vice… Read More

April 12, 2026 @ 4:56 pm By Michael Wong  |  

Singapore-based cross-border payments firm Thunes is expanding its stablecoin settlement capabilities through a new collaboration with Circle, as payment infrastructure providers step up efforts to connect blockchain-based rails with traditional financial systems. Thunes said it had joined Circle Payments Network Managed Payments, enabling its customers… Read More

April 4, 2026 @ 3:14 pm By Michael Wong  |  

Western Union has completed its acquisition of Dash, the Singapore-based digital wallet previously owned by Singtel, giving the U.S. payments company its first wallet in Asia-Pacific as it pushes deeper into digital financial services beyond its traditional remittance business. The deal, first announced in October… Read More