Money

Singapore deep tech startups face Series B funding gap: SGInnovate

WHEN the time came for one of SGInnovate's portfolio companies to raise Series B funds, the Singapore-based deep tech startup found that there was no local investor either willing or big enough to...

Singapore on track to hit 2025 cheque-free target

SINGAPORE's cheque-free target by 2025 came into focus on Tuesday as fresh figures show cheque volumes have been falling annually by 8 per cent over the last three years.

Cheque payments, cash withdrawals falling amid rise of e-payments: Ong Ye Kung

SINGAPOREANS have been making more contactless payments, thanks to the availability of multiple e-payment services including digital wallets, QR code payments and peer-to-peer fund transfer...

Singapore bank lending dips in July as home loans shrink further: MAS preliminary data

BANK lending in Singapore dipped in July from a month ago on broad weakness across both business and consumer loans, preliminary data from the Monetary Authority of Singapore showed on Friday.

Digital vs cheque payments: SMEs want it both ways

CONSUMERS are largely on board the digital payments train but businesses, particularly business-centric small and medium enterprises (SMEs), seem to need a bigger push to go entirely cashless or...

ST Integrated Engineering to raise S$4m via private listing on 1exchange

ENGINEERING and IT solutions firm ST Integrated Engineering (STIE) is looking to raise about S$4 million by listing on 1exchange, Singapore’s only regulated private securities exchange, to support...

Microsoft co-founder's Vulcan Capital to deploy US$100m in venture funds across S-E Asia

THE backer of tech big shots such as Uber, Spotify and Alibaba has waltzed into town brandishing a US$100 million war chest.

Singapore VC fund manager among world's top performers

SINGAPORE-based East Ventures is among five firms named as the most consistently top-performing venture capital (VC) fund managers in the world by alternatives data source Preqin.

Start-up RedDoorz raises $97m, eyes new tech hub in Vietnam

Hospitality start-up RedDoorz has raised US$70 million (S$97 million) in its ongoing Series C funding round, the company announced yesterday.

Star Market tech board offers hope to Chinese venture capitalists

[SHANGHAI] When Chinese venture capital firm New Vision Capital invested in two startups focusing on cloud computing and micro-optics, the plan was to eventually take them public on the Nasdaq...

 

 

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