Money-lending is one of the cornerstones of the global economy, with the concept almost as old as currency itself.
Category: Corporate
Singapore startup Tookitaki announces SGD 26.2 mn Series A funding round
Singapore-based anti-money-laundering startup Tookitaki announced on Monday that it has raised an additional USD 11.7 million in funding from global investors, bringing the total size of Series A investment to USD 19.2 million.
Office-sharing firm WeWork lays off 2,400 employees worldwide
The layoff affects roughly a fifth of WeWork’s workforce, as the company struggles to reorganise amid mounting losses.
EU-Singapore free trade agreement kicks off
Companies based in Singapore will get to enjoy greater market access into the EU.
New Creation Church’s business arm to acquire The Star Vista from Capitaland
CapitaLand is selling The Star Vista for SGD 296 million to Rock Productions, the business arm of New Creation Church.
DBS adopts AI-powered screening technology to enhance compliance
As financial criminals grew increasingly sophisticated, DBS Bank has implemented an artificial intelligence (AI) powered solution to fend off the evolving risks.
NIUM launches digital cross-border payments in Indonesia
NIUM’s digital money transfer service will enable consumers and enterprises in Indonesia to send money to over sixty destinations globally.
Parenting platform theAsianparent closes 7-figure series C funding
Southeast Asian parenting platform theAsianparent has closed a seven-figure Series C2 funding from new strategic investors Mirae Asset Financial Group and NAVER Corporation.
Vistara launches drive to expand its fleet
Tata Sons and Singapore Airlines’ joint venture airline Vistara announced plans to nearly double its fleet size from 22 aircraft to 42 by March 2020.
Singapore’s Qoo10 acquires Indian e-commerce vendor ShopClues stock in merger
India-based e-commerce vendor ShopClues on Thursday announced its merger with Singapore-based platform Qoo10
