Blog
Grab Upsizes Term Loan Facility to US$2 Billion Following Strong Interest From Investors
Grab, a Southeast Asian superapp, announced the successful close of its first senior secured term loan facility following commitments from international institutional investors. The term loan facility will allow Grab to strengthen its liquidity and diversify its financing sources. The
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Validus Partners Proptech Startup Really Singapore to Offer Collateral-Free Loans for SMEs
Really Singapore, a proptech startup specialising in a full suite cloud-based data-driven property management software solution, and Validus, a Singaporean SME financing platform, have partnered to enable pre-approved working capital for SMEs providing products and services to property owners with
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ECXX Ties up With UOB Kay Hian to Offer Securitised Token Offerings
ECXX Global, a Singaporean asset-based digital securities exchange, announced that it has collaborated with regional brokerage UOB Kay Hian to bring in deep tech startups to their network and offer them the opportunity to list via Securitised Token Offerings (STOs)
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What’s Next For Digital Insurer Singlife After Its Merger With Aviva?
2020 was a good year for Singapore’s digital life insurer Singlife. The company completed its S$3.2 billion merger deal with Aviva Singapore, the largest transaction ever in the Singaporean insurance sector. It also launched the Singlife Account, a mobile-first insurances
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Fintechs Have Raised US$ 2 Billion in Mega Rounds in January Alone
January 2021 has been a blockbuster month for fintech fundraising, with at least 13 mega-rounds worth US$100 million or more so far this month. These secured a combined US$2,746 million of funding. The figure excludes funding rounds that are below
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Standard Chartered Singapore’s Former CEO Joins STACS as Chairman
Ray Ferguson, the former CEO of Standard Chartered Singapore, has joined Hashstacs Pte Ltd (STACS), a Singaporean blockchain development company, as its Chairman. STACS is focused on capital markets use cases such as the trade lifecycle management of bonds, Environmental,
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TransferWise and Visa Expands Global Partnership
Visa and TransferWise, a London-based online money transfer service, announced a global partnership and the first use of Visa Cloud Connect. This enables fintech startups and partners to securely connect to VisaNet, Visa’s global processing network, through the public cloud.
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Omise Selects Netcetera’s 3-D Secure Server to Secure Online Payments in Asia
Omise, a Thailand-based online payments platform, has selected the Netcetera 3-D Secure Server to secure its online payment transactions in the APAC region set to go live by January 2021. Netcetera, a Swiss software company offering digital payment solutions, offers
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Changing the World With Bank of Things
Digital transformation is now everywhere, as every industry is actively adopting advanced information and communications technology (ICT) while changing business practices. The digital economy is extending its presence with speed, ease of access, as well as the power penetration that
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Swiss’ Adnovum Bolsters Asia’s Management Team With a Series of New Appointments
Swiss software company AdNovum has made a series of new appointments to its management team for its Asian locations. The executive board of the Swiss software company AdNovum has appointed David Chan, as the new Managing Director of AdNovum Singapore,
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