Various

Singapore Fintech Startup Silot Raises Pre-Series A Funding from Key Investors

Silot announced its successful completion of pre-series A funding. Silot has raised 2.87 million USD from Arbor Ventures and Eight Roads Ventures. This funding follows just nine months after its initial seed funding from ZhenFund, which marked the angle investor’s first investment

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Latest Fintech Funding Deals In Singapore

In 2017, Singapore hit US$229.1 million of fintech funding, a record mainly attributed to two of Asia’s ten biggest deals taking place in the city-state in the fourth quarter. The deals are the acquisition of Paynear Solutions by e-commerce startup

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Largest Co-Living Space In Southeast Asia Launched

Singapore based co-living startup, Hmlet, is set to launch its second building in Singapore dedicated entirely to co-living. Located in the heart of District 11, Hmlet @ Sarkies, will be the largest co-living space in Southeast Asia. The project is

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Visa Welcomes Kunal Chatterjee as the new Country Manager for Singapore and Brunei

Visa announces the appointment of Kunal Chatterjee as Country Manager for Singapore and Brunei. Kunal has a strong history with Visa having spent the past 10 years with the company serving in a variety of roles. Most recently he has

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Culum Capital announce investment from GTR Ventures

Culum Capital, a Singapore-based receivables and supply chain financing platform, has announced an investment from GTR Ventures, the world’s first investment and venture-building platform specialising in trade and supply chain. The investment will be used to accelerate Culum’s expansion and

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Best Countries in Asia-Pacific for Startups, Singapore top, Vietnam last

The best countries for startups in Asia-Pacific have strong economies, relatively low cost of conducting business, healthy business environments and highly educated populations. Our scoring system is based on available data and each country’s rank across several categories. Lower scores

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MAS and Bank of Lithuania Strengthen Cooperation in FinTech

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries. The FinTech Co-operation Agreement between the two

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Fintech Firms In Southeast Asia Show Strong Growth Aspirations Amid Funding Challenges

A strong 87% of financial technology (FinTech) firms in Southeast Asia are planning to expand their footprint beyond their current markets, according to the Asean FinTech Census 2018 study by EY, which surveyed 170 Southeast Asia-headquartered FinTechs across 16 key

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OCBC Bank is the First Bank in Singapore to Launch its own Artificial Intelligence Unit

Suppose your car is involved in a minor mishap, and you hold a Great Eastern motor insurance policy bought from OCBC Bank. Would it not be convenient if you could simply send an image of your dented vehicle to your

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E-Commerce In SEA Study: Vietnam Leads In Conversion Rate; Singapore Is The Biggest Spender

E-commerce is on the rise in Southeast Asia with more than US$10 billion worth of goods being purchased online in 2017, almost the double of 2015’s Gross Merchandise Value (GMV) of US$5.5 billion. According to a study by iPrice titled

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