Singapore Startups

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Singapore Banking Fintech RootAnt Secures US$1.46M Seed Funding

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The fresh funding will enable RootAnt to expand across Southeast Asia and Japan Singapore-based Banking-as-a-Service (BaaS) fintech startup RootAnt has raised US$1.46 million in seed funding, according to a statement by the company late last week. China-based venture capital firm Linear Capital led the funding round, which also saw participation from Hong Kong-headquartered KZM & […]

Singapore Banking Fintech RootAnt Secures US$1.46M Seed Funding Read More »

The fresh funding will enable RootAnt to expand across Southeast Asia and Japan Singapore-based Banking-as-a-Service (BaaS) fintech startup RootAnt has raised US$1.46 million in seed funding, according to a statement by the company late last week. China-based venture capital firm Linear Capital led the funding round, which also saw participation from Hong Kong-headquartered KZM &

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[Press Release] dateideas Officially Launches Mobile App

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EMBARGOED UNTIL 3 OCTOBER 2020, 11AM SGT dateideas Officially Launches Mobile App After 3 Years of Building Singapore’s Largest Community of Couples Planning dates should be fun and exciting, and now dateideas makes it easier than ever for you! SINGAPORE – October 3, 2020 – dateideas, the largest community of couples with over 49,000 subscribers

[Press Release] dateideas Officially Launches Mobile App Read More »

EMBARGOED UNTIL 3 OCTOBER 2020, 11AM SGT dateideas Officially Launches Mobile App After 3 Years of Building Singapore’s Largest Community of Couples Planning dates should be fun and exciting, and now dateideas makes it easier than ever for you! SINGAPORE – October 3, 2020 – dateideas, the largest community of couples with over 49,000 subscribers

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Putting the Customers First in Digital Banking

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By Jim Cavanaugh Singapore’s digital banking license race shines new light on the importance of digital customer experience. Earlier this year, the race for five digital banking licenses in Singapore saw a breakthrough, as 14 digital banking applicants – out of an initial 21 – were shortlisted by the Monetary Authority of Singapore (MAS). The

Putting the Customers First in Digital Banking Read More »

By Jim Cavanaugh Singapore’s digital banking license race shines new light on the importance of digital customer experience. Earlier this year, the race for five digital banking licenses in Singapore saw a breakthrough, as 14 digital banking applicants – out of an initial 21 – were shortlisted by the Monetary Authority of Singapore (MAS). The

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Singaporean E-Scooter Rental Startup Neuron Mobility Secures US$12M In Extended Series A Round

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Neuron Mobility is looking to expand heavily in Australia, New Zealand and the U.K. Singapore-based electric scooter rental operator Neuron Mobility has raised US$12 million in additional funding through a Series A+ round of investment, the company announced in a statement today. The round was co-led by the company’s existing backers Australian tech-focused venture capital

Singaporean E-Scooter Rental Startup Neuron Mobility Secures US$12M In Extended Series A Round Read More »

Neuron Mobility is looking to expand heavily in Australia, New Zealand and the U.K. Singapore-based electric scooter rental operator Neuron Mobility has raised US$12 million in additional funding through a Series A+ round of investment, the company announced in a statement today. The round was co-led by the company’s existing backers Australian tech-focused venture capital

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[Press Release] Ferne Health launches Singapore’s first online sexual health platform providing home-based STI screening kits

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Ferne Health launches Singapore’s first online sexual health platform providing home-based STI screening kits Singapore, 28th September 2020 – Ferne Health, a women-focused online sexual health platform, has officially launched on 27th September 2020. The online platform offers home-based self-test kits that screen for cervical cancer and common sexually transmitted infections (STIs). Ferne Health’s sampling

[Press Release] Ferne Health launches Singapore’s first online sexual health platform providing home-based STI screening kits Read More »

Ferne Health launches Singapore’s first online sexual health platform providing home-based STI screening kits Singapore, 28th September 2020 – Ferne Health, a women-focused online sexual health platform, has officially launched on 27th September 2020. The online platform offers home-based self-test kits that screen for cervical cancer and common sexually transmitted infections (STIs). Ferne Health’s sampling

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[Press Release] Singapore’s Neuron Mobility Raises a Further USD$12M to Accelerate International E-scooter Expansion

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Neuron Mobility, Australia and New Zealand’s leading electric scooter rental operator, has announced that it has successfully raised a further USD$12 million in Series A+ investment led by top Australian venture capital firm, Square Peg, along with GSR Ventures. This brings the Singapore-headquartered company’s total Series A funding to USD$30.5 million. The fresh capital puts

[Press Release] Singapore’s Neuron Mobility Raises a Further USD$12M to Accelerate International E-scooter Expansion Read More »

Neuron Mobility, Australia and New Zealand’s leading electric scooter rental operator, has announced that it has successfully raised a further USD$12 million in Series A+ investment led by top Australian venture capital firm, Square Peg, along with GSR Ventures. This brings the Singapore-headquartered company’s total Series A funding to USD$30.5 million. The fresh capital puts

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[Press Release] SGInnovate Venture Building Project Leverages Blockchain Technology for Personal COVID-19 Medical Records

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SGInnovate Venture Building Project Leverages Blockchain Technology for Personal COVID-19 Medical Records Co-developed by SGInnovate and Accredify, the Digital Health Passport stores tamper-proof, verifiable medical documents for individuals in a digital wallet COVID-19 discharge memos for foreign workers have been verified more than 1,500,000 times on the solution, through the pilot implementation for Ministry of

[Press Release] SGInnovate Venture Building Project Leverages Blockchain Technology for Personal COVID-19 Medical Records Read More »

SGInnovate Venture Building Project Leverages Blockchain Technology for Personal COVID-19 Medical Records Co-developed by SGInnovate and Accredify, the Digital Health Passport stores tamper-proof, verifiable medical documents for individuals in a digital wallet COVID-19 discharge memos for foreign workers have been verified more than 1,500,000 times on the solution, through the pilot implementation for Ministry of

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[Press Release] Singapore Young Entrepreneurs Award marks its inaugural launch to honour and support businesses for the new normal

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The inaugural Singapore Young Entrepreneurs Award (SYEA) was launched by Member of Parliament (MP) for MacPherson SMC, Tin Pei Ling on Saturday 26th of September. The launch features an official MOU signing ceremony with key Ecosystem Partners, followed by two dialogue sessions featuring the six award categories of SYEA.   SYEA is a not-for-profit initiative

[Press Release] Singapore Young Entrepreneurs Award marks its inaugural launch to honour and support businesses for the new normal Read More »

The inaugural Singapore Young Entrepreneurs Award (SYEA) was launched by Member of Parliament (MP) for MacPherson SMC, Tin Pei Ling on Saturday 26th of September. The launch features an official MOU signing ceremony with key Ecosystem Partners, followed by two dialogue sessions featuring the six award categories of SYEA.   SYEA is a not-for-profit initiative

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How-This-Travel-Fintech-Company-Went-from-Pandemic-to-Pivot

How This Travel Fintech Company Went from Pandemic to Pivot

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YouTrip Co-founder and CEO Caecilia Chu speaks to Jumpstart about the company’s pandemic pivot strategy Established in 2018 as a multi-currency mobile wallet for travelers, travel fintech company YouTrip entered pandemic-paralyzed 2020 on the back of 10x growth in 2019. Based in Singapore, Hong Kong, and Thailand, the two-year old company had already seen transactions

How This Travel Fintech Company Went from Pandemic to Pivot Read More »

YouTrip Co-founder and CEO Caecilia Chu speaks to Jumpstart about the company’s pandemic pivot strategy Established in 2018 as a multi-currency mobile wallet for travelers, travel fintech company YouTrip entered pandemic-paralyzed 2020 on the back of 10x growth in 2019. Based in Singapore, Hong Kong, and Thailand, the two-year old company had already seen transactions

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Singapore Digital Wealth Management Platform Syfe Pulls In US$18.6M Series A

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Syfe has recorded ten-fold growth in users and assets under management Singapore-based digital wealth management platform Syfe has closed a Series A round of funding with gains of SG$25.2 million (US$18.6 million), the company announced in a statement today. The round was led by U.S.-based venture capital firm Valar Ventures, and saw participation from Apeiron

Singapore Digital Wealth Management Platform Syfe Pulls In US$18.6M Series A Read More »

Syfe has recorded ten-fold growth in users and assets under management Singapore-based digital wealth management platform Syfe has closed a Series A round of funding with gains of SG$25.2 million (US$18.6 million), the company announced in a statement today. The round was led by U.S.-based venture capital firm Valar Ventures, and saw participation from Apeiron

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Singaporean Relocation Services Startup Moovaz Acquires Van-hailing Platform GetVan

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Over the last 6 months, Moovaz has raised a US$7 million Series A and acquired two companies Singapore-based logistics startup Moovaz has entered into an agreement to acquire van-hailing startup GetVan for an undisclosed amount, Moovaz announced in a press release today. The acquisition will bolster the startup’s end-to-end relocation platform with GetVan’s technological offering

Singaporean Relocation Services Startup Moovaz Acquires Van-hailing Platform GetVan Read More »

Over the last 6 months, Moovaz has raised a US$7 million Series A and acquired two companies Singapore-based logistics startup Moovaz has entered into an agreement to acquire van-hailing startup GetVan for an undisclosed amount, Moovaz announced in a press release today. The acquisition will bolster the startup’s end-to-end relocation platform with GetVan’s technological offering

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Why Digital Wealth Management is More Than Just Robo-Advisory

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The challenge with digital wealth management is to convince people to put their money to use digitally Robo-advisory is on the fast-track to a new kind of transformation, but the bigger win, according to the Co-founder and CEO of Singapore-headquartered fintech startup StashAway Michele Ferrario, is the burgeoning digital wealth management industry. Robo-advisory is a

Why Digital Wealth Management is More Than Just Robo-Advisory Read More »

The challenge with digital wealth management is to convince people to put their money to use digitally Robo-advisory is on the fast-track to a new kind of transformation, but the bigger win, according to the Co-founder and CEO of Singapore-headquartered fintech startup StashAway Michele Ferrario, is the burgeoning digital wealth management industry. Robo-advisory is a

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Online Classifieds Marketplace Carousell Secures US$80M From Naver

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With the latest investment, Carousell’s post-money valuation stands at over US$900 million Singapore-based online classifieds marketplace Carousell has secured US$80 million in a fresh round of financing led by South Korean Internet giant Naver, with participation from Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities, the startup announced in a press release yesterday.

Online Classifieds Marketplace Carousell Secures US$80M From Naver Read More »

With the latest investment, Carousell’s post-money valuation stands at over US$900 million Singapore-based online classifieds marketplace Carousell has secured US$80 million in a fresh round of financing led by South Korean Internet giant Naver, with participation from Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities, the startup announced in a press release yesterday.

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Grab Fined SG$10,000 for Fourth Personal Data Protection Breach in Two Years

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This is also the second time that Grab has been found in violation of the same section under Singapore’s Personal Data Protection Act 2012 Singapore-based unicorn and superapp Grab has been fined SG$10,000 (US$7346.7) for violation of the country’s data protections laws according to a circular by Singapore’s Personal Data Protection Commission, undersigned by the

Grab Fined SG$10,000 for Fourth Personal Data Protection Breach in Two Years Read More »

This is also the second time that Grab has been found in violation of the same section under Singapore’s Personal Data Protection Act 2012 Singapore-based unicorn and superapp Grab has been fined SG$10,000 (US$7346.7) for violation of the country’s data protections laws according to a circular by Singapore’s Personal Data Protection Commission, undersigned by the

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Singaporean Digital Credit Score Developer CredoLab Raises US$7M Series A

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Since its inception, CredoLab has powered over $2 billion in loans issued by over 70 client lenders Singapore-based fintech startup CredoLab, which develops bank-grade digital credit scorecards, has raised US$7 million in a Series A funding round led by U.K.-headquartered Identity Data Intelligence firm GBG, the startup announced in a press release on Wednesday. The current round

Singaporean Digital Credit Score Developer CredoLab Raises US$7M Series A Read More »

Since its inception, CredoLab has powered over $2 billion in loans issued by over 70 client lenders Singapore-based fintech startup CredoLab, which develops bank-grade digital credit scorecards, has raised US$7 million in a Series A funding round led by U.K.-headquartered Identity Data Intelligence firm GBG, the startup announced in a press release on Wednesday. The current round

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Cross-Border Payments Fintech Thunes Set to Grow with US$60M Series B Raise

Cross-Border Payments Fintech Thunes Set to Grow with US$60M Series B Raise

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B2B cross-border payments startup Thunes settles expansion focus on Africa, Asia and Latin America In a bid to drive its global growth, Singapore-headquartered cross-border payments fintech Thunes has secured an investment of US$60 million in Series B funding, the company announced in a statement yesterday. The round was led by Africa-focused private investment firm Helios Investment Partners, with

Cross-Border Payments Fintech Thunes Set to Grow with US$60M Series B Raise Read More »

B2B cross-border payments startup Thunes settles expansion focus on Africa, Asia and Latin America In a bid to drive its global growth, Singapore-headquartered cross-border payments fintech Thunes has secured an investment of US$60 million in Series B funding, the company announced in a statement yesterday. The round was led by Africa-focused private investment firm Helios Investment Partners, with

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