Singtel sells its payment card industry compliance business for $80 mn
According to the telco, the decision to sale is part of the company’s strategic review of its digital businesses...
Tag : Singapore
Singaporean drone startup H3 Dynamics raises $26 mn to decarbonize air mobility
The funding round was led by SPARX Mirai Creation Fund...
Singapore’s virtual bank accounts to increase by 30% by 2026
Currently, only 18 percent of adults in the country have virtual bank accounts....
Monetary Authority of Singapore launches data-sharing platform to combat money laundering
The platform is named Cosmic and it will enable financial institutions to securely share information on customers or transactions...
Mapletree buys two portfolios of logistics assets in the US worth $3 bn
This brings the property developer’s global logistics AUM to $18.7 bn...
Crypto asset management firm Cobo raises $40 mn to accelerate DFaaS development
The funding round was led by DST Global, A&T Capital and IMO Ventures...
London Stock Exchange sets up sustainable financial innovation lab in Singapore
The lab has backing from Monetary Authority of Singapore and plans to expand innovation and advanced technology throughout the country...
Binance hires new chief executive for Singapore division
Richard Teng headed the Financial Services Regulatory Authority at Abu Dhabi Global Market prior to joining Binance...
South Korean internet giant Kakao enters Singapore’s blockchain space
Kakao established two new blockchain-based entities-the Klaytn Foundation and Krust in Singapore...
LIA Singapore reports a 61% increase in sales in H1 2021
The growth represents the industry bouncing back from the slow sales observed in the first half of 2020 due to Covid-19 pandemic...