Travel Tech UTU Raises $33M to Promote Tax-Free Shopping
Part of Series B funding was used by utu to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users
Singapore - page 4
Singapore Fines Firms Over Wirecard Payments Scandal
In Singapore, the local financial regulator has decided to impose a penalty in the form of a fine against four companies that are involved in the scandal related to the Wirecard payment firm.
Siemens to Invest €2 Billion to Boost High-Tech Plants
Siemens AG will direct investments in the amount of €2 billion to expand high-tech production.
WhatsApp Launches Channels Feature for Broadcast Messages
Meta announced the introduction of a broadcast-based messaging feature in WhatsApp, which is called Channels.
MAS and Google Cloud Collaborate on Generative AI
The Monetary Authority of Singapore (MAS) established a partnership with Google Cloud to explore potential formats for the use of generative artificial intelligence.
Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili
A Singapore court has ordered a unit of Credit Suisse Group AG to pay billionaire Bidzina Ivanishvili $926 million.
Lazada Enhances Online Shopping With ChatGPT
One of the largest e-commerce operators in Southeast Asia – Lazada – introduced a ChatGPT-powered chatbot called LazzieChat to help users optimize their shopping experience
Atome Brings BNPL to Amazon Customers in Singapore
Amazon customers in Singapore can now pay for their shopping with a pay-in-three, zero-interest BNPL option provided by Atome – the payment solutions division of Advance Intelligence Group
ByteDance Co-Founder Sets Up New Venture Firm in Hong Kong
Co-founder of ByteDance Ltd. Zhang Yiming founded a company specializing in investment activities in Hong Kong.
Stripe Partners WhatsApp for In-Chat Payments in Singapore
Stripe and WhatsApp launch a feature that allows Singapore businesses to accept payments directly in WhatsApp chats
Credit Suisse Southeast Asia FIG Head Says to Join Deutsche Bank
The media, citing informed sources, report that the head of the Credit Suisse Group AG group of financial institutions in Southeast Asia, Nick Thursby, is joining Deutsche Bank AG.
Betterdata Uses Synthetic Data to Keep Real Data Safe
The startup Betterdata, which is based in Singapore and uses synthetic data to ensure the protection of real information, announced the attraction of investment funds for $ 1.55 million.
Asia Innovations Group Adds AI-Powered Capabilities to eCommerce Platform
Asia Innovations Group (ASIG) has announced the addition of artificial intelligence (AI)-based capabilities to its e-commerce platform.
Singapore Develops Uniform Standards for Aproving Crypto Bank Accounts
Singapore regulators have long cooperated with traditional banks to develop uniform standards for screening potential crypto customers, the results and conclusions are expected to be published in the next two months
E-commerce Aggregator Una Brands Lands $30 Million
Una Brands, a Singapore-based e-commerce aggregator, announced the attraction of investment funds for $ 30 million following the results of the Series C financing round.
India & Singapore to Officially Link Payment Systems
Central bank institutions of Singapore and India will link their real-time payment systems next week to enhance cross-border payment connectivity
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