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Airwallex gets approval to launch yield product in SingaporeAirwallex, a global fintech platform, announced Monday that its Singapore entity, Airwallex Capital (Singapore) Pte Ltd, has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS) to launch yield products in the country. With this license, Airwallex said in a statement that it can now offer regulated investment solutions and custodial services to...0 التعليقات 0 المشاركات 569 مشاهدة 0 معاينة
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Airwallex reports triple-digit full year revenue growth in Singapore for 2024Airwallex, the global payments and financial platform, has on Wednesday reported strong FY2024 performance in Singapore. The firm said in a statement that its FY2024 revenue in Singapore more than doubled, growing 153 percent year-on-year, fueled by strong transaction volumes and a standout fourth quarter. “2024 marked a new phase of growth for us in Singapore and across the region,...0 التعليقات 0 المشاركات 7كيلو بايت مشاهدة 0 معاينة
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Airwallex: Singapore consumers lead the way in cross-border eCommerce adoptionSingapore consumers lead the way in cross-border eCommerce adoption, expect transparency and trust at checkout, new Airwallex study revealed Wednesday. The study which is recently commissioned by Airwallex in partnership with Statista polled 1,000 cross-border eCommerce shoppers in Singapore, revealed that international purchasing is now a mainstream habit amongst Singaporeans. Shoppers make...0 التعليقات 0 المشاركات 3كيلو بايت مشاهدة 0 معاينة
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Amazon unveils new Singapore office as AWS Asia Pacific HubAmerican multinational technology company Amazon has continued to expand its presence in Singapore with a new corporate office at IOI Central Boulevard. The firm said in a statement on Wednesday that the new Amazon Web Services (AWS) Asia Pacific Hub is designed to optimize agile working, learning, and collaboration as AWS continues to grow its business, operations, and investments in...0 التعليقات 0 المشاركات 8كيلو بايت مشاهدة 0 معاينة
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Ample Transfers receives IPA from MAS to expand regulated payment services in SingaporeAmple Transfers, a Singapore-based provider of remittance and money-changing services, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to expand its scope of regulated payment services. The firm said in a statement on Monday that the approval, part of a license variation application, allows the firm to work towards offering four additional regulated...0 التعليقات 0 المشاركات 6كيلو بايت مشاهدة 0 معاينة
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Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – reportJack Ma-backed Ant Group Co’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, Bloomberg reported on Thursday, quoting people familiar with the matter. Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the...0 التعليقات 0 المشاركات 5كيلو بايت مشاهدة 0 معاينة
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Arctic Wolf expands into Singapore to meet rising demand for AI-powered security operationsArctic Wolf, the United Kingdom-based security operations firm, has announced its official launch in Singapore, marking the latest milestone in its ongoing expansion across the Asia-Pacific region. The firm said in a statement on last Thursday that with the launch, organizations in Singapore can now access the company’s full suite of capabilities including Endpoint Security, Managed...0 التعليقات 0 المشاركات 4كيلو بايت مشاهدة 0 معاينة
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Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive SolutionsAura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a business with capabilities in digital rewards and incentives in the Philippines. Aura Private Equity said in a statement that this investment, made in collaboration with its co-investors, will fuel Giftaway’s growth as...0 التعليقات 0 المشاركات 10كيلو بايت مشاهدة 0 معاينة
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Brookfield acquires three high-tech business parks in first Singapore investmentBrookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state. Brookfield said in a statement that the assets will be acquired from Mapletree Industrial Trust, a Singapore-listed real...0 التعليقات 0 المشاركات 5كيلو بايت مشاهدة 0 معاينة
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China’s XTransfer receives license to provide payment services in SingaporeXTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country. XTransfer said in a statement on Friday that this significant milestone strengthens the firm’s leading position in the B2B cross-border payments industry....0 التعليقات 0 المشاركات 9كيلو بايت مشاهدة 0 معاينة
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ClavystBio and A*STAR partner to grow MedTech ventures in SingaporeClavystBio, a life sciences investor and venture builder established by Temasek, and the Agency for Science, Technology and Research (A*STAR), Singapore’s lead public sector research and development (R&D) agency, have signed a memorandum of understanding (MoU) to create and grow MedTech ventures in Singapore. ClavystBio said in a statement on Tuesday that this partnership will...0 التعليقات 0 المشاركات 4كيلو بايت مشاهدة 0 معاينة
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Grab gets license to operate taxis in SingaporeSoutheast Asia’s superapp Grab has obtained the Land Transport Authority (LTA) license to operate taxis in Singapore. LTA said in a statement on Wednesday that it has awarded a street-hail service operator license (SSOL) to GrabCab Pte Ltd (GrabCab), a subsidiary of Grab Rentals Pte Ltd, and sister company of GrabCar Pte Ltd, which holds a ride-hail service operator license (RSOL) and a...0 التعليقات 0 المشاركات 6كيلو بايت مشاهدة 0 معاينة
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UMC unveils new fab expansion in SingaporeUnited Microelectronics Corporation (UMC), a global semiconductor foundry, has officially unveiled its new fab facility in Singapore in a grand opening ceremony. The firm said in a statement on Tuesday that the first phase of the new facility will start volume production in 2026, bringing UMC’s total production capacity in Singapore to more than 1 million wafers annually. It will also...0 التعليقات 0 المشاركات 6كيلو بايت مشاهدة 0 معاينة
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