Money

Monk's Hill Ventures invests in cyber security startup Horangi

THE cyber security challenge for South-east Asia's vast sea of small and medium-sized enterprises (SMEs) is a deep-seated lack of both resources and know-how in the field, says Monk's Hill...

ComfortDelGro invests in ancillary services, mobility tech startups

TRANSPORT giant ComfortDelGro is eyeing opportunities beyond its core passenger transport business, and has made strategic investments into three startups involved in mobility tech and ancillary...

Housing loans shrink for a third consecutive month

HOUSING loans in Singapore shrank for a third month in April, leading a continued contraction in consumer loans, preliminary data from the Monetary Authority of Singapore (MAS) showed on Friday...

Chew's Agriculture signs $27m sustainability-linked loan with DBS

Egg producer Chew's Agriculture has signed a 10-year, $27 million sustainability-linked loan with DBS Bank, to construct a new farm with larger cage-free facilities.

Cross-border QR payments between Singapore, Hong Kong possible with Liquid Group, JETCO partnership

LIQUID Group and Joint Electronic Teller Services (JETCO) are collaborating to enable cross-border QR payment acceptance in Singapore and Hong Kong, they said in a joint press statement on...

Asian family offices, Insignia bless YouTrip with US$25.5m pre-Series A funding

IT MAY seem unconventional for an early-stage startup to receive strong backing from family offices. But YouTrip, a Singapore-based mobile wallet operator, sees this "patient capital" as a...

Third500 in talks with 35-40 US firms on pre-IPO financing leading to a listing

BOUTIQUE global investment bank Third500 is in "active dialogue" with some 35 to 40 venture-backed emerging US firms to provide them access to pre-IPO (Initial Public Offering) financing via...

Citi to roll out consumer e-payments business in Asia and other markets by Q1 2020

CITI is aiming to launch its digital consumer payments business in Asia and elsewhere by the first quarter of 2020, so it can ride the wave of the region's growing flows and digital ecosystems,...

Venture firm Accel raises US$575m fund for Europe startups

[LONDON] Accel, a venture capital firm with offices in Silicon Valley, London and Bangalore, has raised a new $575 million fund aimed at early-stage companies in Europe and Israel.

Temasek’s Vertex raises US$230m for fourth South-east Asia fund

VERTEX Venture Holdings raised US$230 million in the first close of its fourth Southeast Asian fund to back technology startups across the region and India.

 

 

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