Startups

ISOTeam's SG Bike takes over Mobike licence to operate 25,000 bicycles

[SINGAPORE] Bike-sharing operator SG Bike, which is 51 per cent-owned by Catalist-listed ISOTeam, on Wednesday announced it had completed the takeover of Mobike's licence to operate 25,000...

Cashless is the new king for S-E Asia

THE days of pulling out dollar notes and coins to pay may be numbered. The cashless trend is picking up quickly in South-east Asia as more people are swiping or tapping away on their mobile phones...

Payments network Thunes to expand services with remittance licence from MAS

CROSS-BORDER payments startup Thunes has obtained regulatory approval from the Monetary Authority of Singapore (MAS) for payment services in Singapore.

MAS, ESG team up to matchmake startups with regional investors

TO boost regional funding into Singapore's startup scene, the Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) have jointly played matchmaker between startups and regional...

Payments platform 2C2P raises $71m for expansion

Regional payments platform 2C2P, which helps airlines, travel companies and online shopping malls handle payments from customers in the region, has raised US$52 million (S$71 million) from...

Tookitaki raises $26m in Series A funding

Singapore-based regulatory tech firm Tookitaki has raised US$19.2 million (S$26.2 million) in Series A funding as it seeks to expand its presence in international markets.

EU plans 3.5b euro fund for startups in 'valley of death'

[BRUSSELS] The European Union (EU) is planning a 3.5 billion euro (S$5.26 billion) fund that will invest in early-stage technology in an effort to increase the pipeline of innovations that might...

Airbnb queried by US Congress over listings that violate local laws

[NEW YORK] US lawmakers are asking Airbnb Inc to provide information about hosts that list short-term rentals on the site who don't comply with local laws and violate the company's own policies...

Grab heads into 2020 with wealth ambitions

WHEN it comes to Grab, some cards are still held close to the chest.

Grab eyes the unsung SMEs behind Fortune 500 heavyweights

GRAB is targeting the underserved segment in the middle-income economy of this region - the small and medium-sized enterprises (SMEs) that are the forgotten links in a supply chain that trace back...