Money

Touché, OCBC to launch 'highly secure' fingerprint-based credit card payments

SINGAPORE - Local fintech company Touché is tying up with OCBC Bank to bring what it says is the world's first fingerprint biometric-based payment to credit card merchant customers in Singapore...

 

Emerging Enterprise award

Closes June 1, 2018

Crowdfunded '3D' headphones start-up Ossic shuts down; backers threaten lawsuit

SINGAPORE - A contender in the race to bring "3D" headphone technology to the mass market has dropped out.

Engine Biosciences to raise additional funding next year

A BIOTECH startup that only this year raised what is believed to be the largest round of seed funding in South-east Asia has plans to raise additional funding as early as next year, The Business...

Validus, Lighthouse Canton launch S$20m SME financing fund

VALIDUS Capital and Lighthouse Canton Group launched a S$20 million fund to finance small and medium enterprises (SMEs) in Singapore on Friday, and hope to grow the fund to S$200 million in the...

PE, VC investments into S-E Asia hit record US$23.5b in 2017: report

PRIVATE equity (PE) and venture capital (VC) investments into South-east Asia hit a record US$23.5 billion in 2017, going by the South-east Asia PE & VC: Investment Activity report.

Towards a cashless society

In the December 2017 Red Book statistic report by the Bank for International Settlements, it was noted that “the number of cashless transactions...

Singapore AI health start-up UCARE.AI raises $8.2m in funding

SINGAPORE - UCARE.AI - a Singapore-based healthcare startup that uses artificial intelligence (AI) to optimise healthcare resources and reduce healthcare costs across the industry - has raised $8....

Singapore car marketplace Carro scores US$60m in Series B funding

CARRO, a Singapore-based car marketplace startup, has raised US$60 million in Series B funding.

Singapore startup VersaFleet gets S$2.8m, pre-Series A funding

SINGAPORE transport management startup VersaFleet has raised S$2.8 million in pre-Series A funding, in a round led by India's Prestellar Ventures and participated in by angel investors.

Carousell snags US$85m in new funding by investors including DBS

CAROUSELL, Singapore's poster startup and online classifieds app, has raised US$85 million in Series C funding - a round The Business Times has learnt is entirely equity and does not include debt...

S-E Asia achieves record year with US$20b in private equity deal value

SOUTH-EAST Asia scored a record year in private equity with US$20 billion in deal value in 2017, more than double the US$8 billion recorded in 2016, going by Bain & Company's 2018 South-east...