Money

SESTO Robotics spins off from HOPE Technik, gets S$4m Series A funding

SESTO Robotics, an autonomous technology solutions startup, announced on Friday that its spin-off from parent company HOPE Technik has been completed.

Grab scores coup on Super App rivals with KBank tie-up in Thailand

THE heat is on again for Super Apps in South-east Asia. This time, the fight lies in the race to develop the region's e-wallet of choice.

Integrating payment solutions towards a cashless society

DRIVEN by increased smartphone penetration and a rise in digital payments adoption, Asia is widely accepted to be leading in mobile payments globally. A study by Kantar TNS found that over half of...

DBS MAX gives SMEs a new e-payment solution

SMALL and medium-sized enterprises (SMEs) now have a wider choice in e-payment solutions with Thursday's launch of DBS MAX by DBS Bank.

Grab partners Thailand's KBank to launch e-wallet, gets $68.6m investment from bank

SINGAPORE - Grab on Thursday (Nov 8) announced a partnership with Thailand's Kasikornbank (KBank) to launch mobile payment application GrabPay by KBank.

ONE Championship to invest up to US$50m in e-sports with partners

SINGAPORE-BASED martial arts organisation, ONE Championship, on Wednesday said it intends to lead a plan to invest up to US$50 million alongside key partners, including Singapore companies Razer and...

MassMutual's venture capital arm sets up US$50m fund in Singapore

MASSMUTUAL Ventures (MMV), the venture capital arm of the Massachusetts Mutual Life Insurance Company (MassMutual), has established a US$50 million Singapore-based fund for investments in South-east...

Grab gets another investment from Hyundai of $343m

SEOUL (REUTERS) - Hyundai Motor Co has raised its stakes in growing South-east Asian markets with a US$250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases...

B2B startups 'are where the opportunities lie'

FORGET unicorns; business-to-business (B2B) startups are where the investment opportunity now lies, said Singapore-based venture capitalists in a panel discussion at YourStory Startup Dialogue, a...

KKR pumps S$200m into S-E Asia's top property app

PROPERTYGURU Pte has pulled in S$200 million from KKR & Co, raising funds for the first time in three years as South-east Asia's largest real estate portal prepares to delve into new business...