startups

China's Xiaomi launches online lending service in India

[NEW DELHI] Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world's biggest Web services...

Gojek aims to diversify into financial services in Singapore

Indonesian ride-hailing firm Gojek is aiming to diversify into financial services and other offerings in Singapore, one year after it started business here.

Indonesia's startup scene exploding, but exits are another story

IN A neighbourhood nestled within South Jakarta, 37-year-old Romana operates a small roadside kiosk selling prepaid mobile credit and phone accessories.

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...

Nine firms get social enterprise grants worth S$1.3m from DBS

YUMMY noodles that also ease small-scale farmers' woes: That is the goal of one food science startup in Singapore. That firm, NamZ, is now getting a boost - to take its high-protein, lower-fat...

WeWon't

The clunky phrase "corporate governance" may sound like the antithesis to the freewheeling culture of startups. But with cautionary tales emerging from the West and even at home, startups in South...