Tagged: singapore

March 28, 2026 @ 6:00 pm By Michael Wong  |  

Singapore-based payments infrastructure provider Tazapay has closed a Series B extension led by Circle Ventures, bringing its total Series B funding to $36 million. The funding comes as the startup looks to expand its regulatory licenses and scale cross-border payment services across emerging markets. New… Read More

March 26, 2026 @ 1:16 am By Omar Faridi  |  

Singapore’s equities market is set for an overhaul following the release of the final report by the Equities Market Review Group, established by the Monetary Authority of Singapore (MAS) in August 2024. Chaired by Minister for National Development and MAS Deputy Chairman Chee Hong Tat,… Read More

March 23, 2026 @ 1:48 am By Michael Wong  |  

Singapore’s central bank has released an industry-developed toolkit to help financial institutions manage risks from artificial intelligence, as regulators and banks move from broad AI principles to more practical controls for generative and agentic AI. The Monetary Authority of Singapore (MAS) said it had concluded… Read More

March 18, 2026 @ 10:20 am By Omar Faridi  |  

Singapore-based payment infrastructure provider Thunes has announced a groundbreaking development that promises to transform cross-border transactions. The company now enables financial institutions to execute immediate payouts to stablecoin wallets by leveraging their established SWIFT connections, eliminating the need for any new technical setups. This latest… Read More

March 15, 2026 @ 5:00 pm By Michael Wong  |  

Singapore-based venture capital firm Empyrean Sky Partners said it has secured $90 million in the first close of its Global Technology Fund, marking what the firm described as the fastest initial close of 2026 as it targets $200 million for investments in next-generation industrial technologies…. Read More

March 14, 2026 @ 10:33 am By Michael Wong  |  

Singapore-based MetaComp has completed a Pre-A+ funding round backed by Alibaba, taking the fintech group’s total capital raised to $35 million across two rounds in three months, as it pushes to expand a platform that combines stablecoin payments with tokenised and traditional wealth products. MetaComp… Read More

March 11, 2026 @ 3:53 pm By Omar Faridi  |  

Global financial technology provider Airwallex has posted another year of explosive growth in Singapore, reporting 107 percent revenue expansion for fiscal year 2025. This now reportedly marks the second straight year of triple-digit increases, underscoring the city-state’s role as a strategic hub for the company’s… Read More

March 11, 2026 @ 12:25 am By Michael Wong  |  

Singapore’s central bank issued new supervisory guidelines requiring banks, insurers and asset managers to strengthen how they assess and manage risks tied to climate change, as regulators sharpen their focus on the financial sector’s readiness for both physical and transition threats. The Monetary Authority of… Read More

March 3, 2026 @ 6:26 am By Michael Wong  |  

South Korea-based venture capital firm The Invention Lab has completed a seed investment in Singapore artificial intelligence computing startup RIDM, backing a technology it says could ease a key performance bottleneck in AI and high-performance computing systems. The Invention Lab said the round was made… Read More

February 26, 2026 @ 4:08 am By Omar Faridi  |  

Singapore-based fintech Thunes announced a significant milestone with Banco Cathay of Costa Rica: the activation of seamless pay-to-wallet functionality powered by SWIFT infrastructure. This integration allows the Central American bank to route international disbursements directly into mobile wallets worldwide using its established SWIFT connections, eliminating… Read More

February 15, 2026 @ 1:18 pm By Michael Wong  |  

Singapore will set up a new National AI Council chaired by Prime Minister Lawrence Wong to steer policy, align government agencies and push the city-state’s next phase of artificial intelligence adoption, Wong said in his Budget 2026 statement. Wong said the government would “review regulations… Read More

February 13, 2026 @ 4:49 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) has revealed plans to enhance its Equity Market Development Programme (EQDP). On February 12, 2026, the authority disclosed an increase in the program’s funding from S$5 billion to S$6.5 billion. This decision aligns with the recent Budget 2026 announcement… Read More

February 1, 2026 @ 3:05 pm By Omar Faridi  |  

In a new development expected to enhance how Asian SMEs handle transactions, global fintech Adyen (AMS: ADYEN) has formed a strategic alliance with Raptor, a point-of-sale (POS) system provider. This collaboration focuses on easing operational hurdles for the city’s service industry, particularly in food and… Read More

February 1, 2026 @ 10:26 am By Michael Wong  |  

Card payments in Singapore are forecast to grow at a compound annual growth rate of 7.2% between 2025 and 2029 to reach S$209.2 billion ($158.3 billion) by the end of the period, supported by near-universal access to banking services, wide merchant acceptance and rising use… Read More

January 24, 2026 @ 3:12 pm By Michael Wong  |  

Singapore launched a new governance framework aimed at guiding the safe and responsible deployment of agentic artificial intelligence, as governments and businesses grapple with the growing autonomy of AI systems. Minister for Digital Development and Information Josephine Teo announced the Model AI Governance Framework (MGF)… Read More

January 19, 2026 @ 12:51 am By Michael Wong  |  

Veera, a Singapore-based crypto financial services platform focused on self-custody wallets and decentralised finance tools, has raised $10 million across its pre-seed and seed funding rounds as it expands its on-chain financial services and prepares to roll out a crypto-linked payment card. The company said… Read More

January 13, 2026 @ 10:08 am By Omar Faridi  |  

HashKey Capital, a global asset manager that is said to be specializing in crypto and blockchain, announced the initial closing of its fourth fund, HashKey Fintech Multi-Strategy Fund IV. The fund concluded with US$250 million in total commitments, exceeding “initial expectations and drawing significant interest”… Read More

January 13, 2026 @ 12:46 am By Michael Wong  |  

Republic Polytechnic (RP) rolled out a campus-wide artificial intelligence (AI) transformation strategy, pledging to redesign curricula, upskill staff, and broaden partnerships with technology firms as Singapore pushes to build a deeper pipeline of AI-skilled talent. RP said the initiative aims to embed practical and responsible… Read More

January 5, 2026 @ 8:21 pm By Michael Wong  |  

Currenc Group Inc said it has agreed to sell its 60% stake in Malaysian cross-border payments hub Tranglo Sdn Bhd to New Margin Holding Limited for $400 million in cash, marking the first completed step in the Nasdaq-listed fintech firm’s broader restructuring and value-unlocking plan…. Read More

December 30, 2025 @ 5:47 pm By JD Alois  |  

Meta (NASDAQ:META) has acquired artificial intelligence firm Manus. The Singapore-based firm is developing autonomous AI agents, and the deal has been valued at between $2 to $3 billion. Manus’s tech is said to be able to execute complex tasks such as booking flights and conducting… Read More