Money

Fashion platform Zilingo raises US$226m in series D round led by Sequoia

FASHION and lifestyle products platform Zilingo has raised US$226 million in a series D funding round led by Sequoia Capital.

MAS delays banks' implementation of e-payment user protection guidelines to June 30

THE Monetary Authority of Singapore (MAS) on Thursday said that it will give banks and credit card issuers more time to adopt the e-payments user protection guidelines, which were first issued last...

StanChart makes its first S'pore trade finance deal on blockchain

STANDARD Chartered's Singapore unit has pulled off its first cross-border trade finance transaction on a blockchain-based platform, after previous initiatives by other arms of the global lender...

New Sequoia accelerator to give startups US$1.5 m right out of the gate

SEQUOIA India, a branch of the technology-focused American venture capital (VC) firm, has launched a new accelerator for early-stage, pre-series A startups in India and South-east Asia.

Singapore-based GBCI Ventures opens US$100m smart city fund

SINGAPORE-BASED smart city investor GBCI Ventures has launched a US$100 million development fund for technologies such as robotics, artificial intelligence and virtual reality.

S$72m fund set up to boost skills in Singapore construction sector

A S$72 million training fund has been set up to help the building industry move away from labour-intensive methods to more "smart" processes.

Start-up Motorist.sg gets seed funding from JobsCentral, Zopim founders

SINGAPORE - Singapore automotive platform Motorist.sg has secured an undisclosed sum in seed funding from JobsCentral's co-founders Lim Der Shing and Huang Shao-Ning, as well as Zopim's co-founder...

Alchemy raises S$2.5m in pre-Series A funding, sets up foodtech lab

LOCAL startup Alchemy Foodtech has raised S$2.5 million in its pre-Series A round, co-led by Heritas Capital Management and SEEDS Capital, the venture arm of Enterprise Singapore.

NUS to invest S$1.5 million to co-create 15 deep-tech startups

THE National University of Singapore (NUS) will invest up to S$1.5 million to help 15 teams of graduate students, post-doctoral fellows and research staff establish their own deep-tech start-ups...

Event planning platform Delegate raises US$1m in pre-Series A round

SINGAPORE online event planning platform Delegate has closed a US$1 million pre-series A funding round. The round was led by a Singapore-based family office and the ex-pioneer team of Zopim, a...