Money

When data replaces cash

THIS WEEK'S TOPIC: As Singapore pushes ahead with becoming an e-payments society, what risks or pitfalls should we be mindful of?

Bank lending recovers to post gains in August

BANK lending in Singapore crept higher in August from a month ago after July saw the first decline since January, preliminary data from the Monetary Authority of Singapore showed on Friday.

Singapore start-up Alchemy FoodTech raises 7-digit funding to fight diabetes

SINGAPORE - Singapore-based food tech start-up, Alchemy FoodTech, has secured a seven-digit investment in a pre-series A round led by Heritas Capital Management, and co-led by Seeds Capital, the...

Digital health company Holmusk gets US$9.75m in pre-series A funding

DIGITAL health and data analytics company Holmusk has raised US$9.75 million in pre-series A financing, in a round led by Heritas Venture Fund and participated by new and existing investors.

Singapore-based Transcelestial raises S$2.5m in seed funding to deliver space laser network

SINGAPORE - Transcelestial Technologies, a Singapore-based space technology start-up, said on Friday (Sept 21) that it raised $2.5 million in December from a seed funding round led by Wavemaker...

Fidelity's venture arm Eight Roads opens Singapore office

EIGHT Roads, the venture capital arm of Fidelity International, has opened an office in Singapore as part of a push to get closer to the South-east Asian startup ecosystem.

World's first unified payment QR code credit positive for Singapore banks: Moody's

CREDIT ratings agency Moody’s said on Thursday that the launch of the world’s first unified payment QR code, or the Singapore Quick Response Code (SGQR), will accelerate mobile payments in the...

Singapore proptech startup Ohmyhome gets S$4m Series A funding

OHMYHOME, a Singapore-based property marketplace, announced on Thursday it has raised S$4 million in Series A funding led by Golden Equator Capital.

Bridging the last mile in digital payments

Singapore has made significant strides in promoting digital payments here, but there are challenges to overcome before it realises its vision of becoming a predominantly cashless society, industry...