Money

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.

Ex-president of Sea Ltd launches private equity firm to back South-east Asia start-ups

SINGAPORE (REUTERS) Nicholas Nash, the former president of Singapore-based online gaming and e-commerce company Sea Ltd, has launched a private equity firm - Asia Partners - to invest in South-...

Pangolin fund says it's close to getting 10% of votes to block Challenger exit offer

A MINORITY shareholder in Challenger Technologies said on Wednesday it is close to obtaining votes from the 10 per cent of shares required to block Digileap Capital's S$183 million exit offer for...

Funding and trading platform Funderbeam raises $6.1m in Series A round

SINGAPORE - Funderbeam, a global funding and trading platform for private companies, has raised US$4.5 million ($6.1 million) in a Series A round, led by UK-based Accelerated Digital Ventures.

No change to exit offer for Challenger in proposed delisting; EGM to be held on June 27

SINGAPORE - Home-grown IT retailer Challenger is not raising its exit offer of 56 cents apiece for a proposed voluntary delisting from the Singapore Exchange (SGX), despite pressure from minority...

Healthtech startup Plano raises undisclosed sum from billionaire Peter Lim

Local healthtech startup Plano has raised an undisclosed sum in a new funding round from several investors, including a seven figure sum from philanthropist and investor, Peter Lim, through his...

YuuZoo says Indonesian investor has acquired 3% stake in its payment unit for US$5m

BELEAGUERED social media company YuuZoo Networks Group on Thursday said that during the time its shares were suspended from trading, the company had, nonetheless, signed an investment agreement...

 

 

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