Tag "Temasek Holdings"

Temasek Pulls Back on 2023 Fintech Investment Amid Challenging Global Outlook

Since its foundation in 1974 Temasek Holdings, the global investment firm based in Singapore, has demonstrated a formidable capacity for navigating an ever-changing financial climate. Despite managing an expansive portfolio valued at S$382 billion as of 31 March 2023, the

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Singapore Welcomes STO Player to its Fintech Sandbox

The Monetary Authority of Singapore (MAS) has aspirations towards encouraging more fintech experimentation, and in November last year, launched a regulatory sandbox that would allow innovative fintechs in legal grey areas to test their solutions in the market, under regulator

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After Temasek Investment, P2P Lender Validus Surpasses $100 Mil In Funding

Validus, co-founded by former DBS Bank SME head Ajit Raikar is a peer-to-peer (P2P) lending platform that helps connect Singapore’s small and medium enterprises (SMEs) to accredited investors and financial institutions. Just recently, they announced that they have facilitated over

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Jungle Ventures Closes Second Fund at US$100 Million

Jungle Ventures announced the final close of its second fund on target at US$100million. The new fund is ten times larger than Jungle’s first fund, raised in 2012 – and has established it as one of the largest early stage venture

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