Money

Chinese unicorns made Asia world's most active VC market in 2018: Preqin

ASIA has surpassed North America in venture capital (VC) deals in 2018, recording US$129 billion worth of deals for the year, as opposed to North America’s US$113 billion, indicates a report by...

Centurium Capital raises over $2.7b from GIC, Temasek, among others

HONG KONG • China's Centurium Capital, a big backer of domestic start-up Luckin Coffee, said it has raised more than US$2 billion (S$2.7 billion) in its debut fund, giving the private equity firm...

Blockchain accelerator facilitates raising of S$17m

GOVERNMENT-backed blockchain accelerator Tribe has opened the door to S$16.8 million worth of funds for its inaugural cohort of 10 companies, through its ecosystem of corporate and investor...

Singapore-based GoComet raises $3m in Series A funding

SINGAPORE - GoComet, a freight quote comparison platform, has raised $3 million in a Series A funding round led venture capital firm Leo Capital, alongside new investors SGInnovate and AugustOne...

Razer eyes digital-bank licence in Singapore

RAZER said it is considering applying for a digital-bank licence in Singapore, after the Monetary Authority of Singapore (MAS) on Friday night announced its intention to issue up to five new licences...

S-E Asia venture playground still has room for new entrants: VCs

EVEN with the influx of venture money into South-east Asia, the funding scene here still has key gaps that offer opportunities for both incumbents and new entrants, said venture capitalists who spoke...

Liquid Group partners Indonesia's CIMB Niaga for crossborder QR payments

SINGAPORE startup Liquid Group is partnering Indonesian bank CIMB Niaga, majority-owned by CIMB Group, to facilitate crossborder QR (Quick Response) payments between Singapore and Indonesia.

A debit card for businesses

Whether your business is a private medical clinic opening an overseas branch, a tuition centre in the heartlands, a small and medium-sized printer, or a homegrown fashion brand, this debit card is...

Visa aims to halve its global fraud rate by 2025

PAYMENTS giant Visa plans to halve its global fraud rate by 2025, having been using artificial intelligence to prevent an estimated US$25 billion in fraud annually.

Investor pressure drives regional venture funds to sustainability deals

SOUTH-EAST Asia's venture capital (VC) firms are increasingly burnishing their sustainability credentials to meet heightened demand from their investors.

 

 

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