Money

10 e-payment modes to be available at selected eating places by end-2018

SINGAPORE electronic payment network Nets has been appointed the master acquirer for an unified e-payment solution for coffee shops, hawker centres and industrial canteens, Enterprise Singapore said...

Nets makes services available abroad with China's UnionPay tie-up

SINGAPORE electronic payment network Nets will make its services available outside of Singapore for the first time via a strategic partnership with China's UnionPay International.

Aquatech start-up Umitron raises $3.7m in latest round; brings total funding to $15.2m

SINGAPORE - Singapore-based aquatech start-up Umitron said on Tuesday (Sept 11) that it has raised $3.7 million in funding from the Mirai Creation Fund, a fund operated by independent Asia-based...

Grab, Go-Jek biggest winners in S-E Asia's e-payment war: Morgan Stanley report

INDEPENDENT e-payment players such as Grab and Go-Jek will be the biggest winners in the South-east Asian e-payment market, going by a latest Morgan Stanley report. This is followed by banks,...

E-payment platform Razer Pay to launch in Singapore by Q1 2019

RAZER Pay, the e-payment platform by Singaporean-founded gaming company Razer, will launch in Singapore by the first quarter of 2019, nearly half a year after it was rolled out in Malaysia.

Mobile rewards platform Fave raises US$20m in Series B funding

SINGAPORE - Online-to-offline (O2O) platform Fave has raised over US$20 million in its latest Series B funding round from strategic and existing investors including Sequoia Capital India, SIG Asia...

Singapore bank lending cools in July

BANK lending in Singapore declined month-on-month for the first time since January this year, though it maintained a still strong year-on-year growth, preliminary data from the Monetary Authority of...

UOB, Synagie partner to help SMEs better manage online sales channels

SINGAPORE - United Overseas Bank (UOB) is giving its small and medium-sized enterprise (SME) clients preferential access to the e-commerce solutions of newly listed Synagie Corp in a partnership...

Startup Travelstop pulls in US$1.2m in seed funding

SINGAPORE-based startup Travelstop has raised US$1.2 million (S$1.65 million) from investors, led by SeedPlus, a venture capital firm in Singapore, and a travel-focused one in the US.

Carousell introduces new payment system to tackle scams; says such cases account for small fraction of transactions

SINGAPORE - Even though 80 per cent of e-commerce scams in the first half ofthis year took place on its platform, Carousell said the cases account for only a small percentage of its transactions...

 

 

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