Money

Covid-19 turmoil creates fresh openings for new startups

THE economic downturn can in fact be an opportunity for entrepreneurs to launch new ventures, startup veterans and investors tell The Business Times. While funding may be tougher to secure, new...

Lightspeed swoops in on bright spots in S-E Asian startups

DESPITE the gloomy skies, US-headquartered Lightspeed Venture Partners is bullish on South-east Asian startups that can fill key "infrastructure gaps" amid the Covid-19 outbreak, the venture firm'...

Quest Ventures to nurture Malaysian startups in partnership with accelerator

SINGAPORE venture capital firm Quest Ventures has entered into an exclusive partnership with accelerator ScaleUp Malaysia to invest in and help with the regional growth of top Malaysian startups...

Financial health – the foundation for Singapore’s workforce and the future of work

By Cameron McLean, Senior Vice President, International Markets at PayPal

Singapore bank lending down for fifth month in July

SINGAPORE's bank lending extended its slide for the fifth straight month in July, dipping 0.2 per cent to S$678.7 billion from the previous month on general weakness in business loans.

Dream and don't be afraid to fail: Zoom founder

SINGAPORE needs entrepreneurs who not only dare to dream but who are also not afraid to fail, said Eric Yuan, founder and chief executive officer of video-call service Zoom Video Communications...

Smaller funding rounds buck overall downtrend for Asean tech ecosystem

CAPITAL inflows into South-east Asia's tech ecosystem has slowed down as expected amid the Covid-19 pandemic. But there was still optimism when it came to smaller funding rounds, a new report by...

VC firms stay bullish on Indonesian startups despite economic downturn

WITH over 2,000 startups, Indonesia has over the past few years been viewed as one of the top destinations for venture capital and private equity firms. Globally, the country ranks fifth in the...

MAS commits $250m to boost innovation, tech in financial sector

The Monetary Authority of Singapore (MAS) is stepping up its support for fintech here.

Nearly a third of 18,000 stalls in hawker centres and markets now offer e-payments

Nearly 2,000 stallholders came on board over the past two months to bring the total to 5,400.

Indonesia bill payment startup Ayoconnect raises US$5m in pre-Series B round

INDONESIAN fintech company Ayoconnect has raised US$5 million in a pre-Series B funding round from investors including BRI Ventures, the corporate venture capital arm of Indonesia's Bank BRI;...