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Singapore-based Locad – a smart digital logistics engine empowering consumer brands with its Cloud Supply Chain-As-a-Service for global distribution – announces its $9 million Pre-Series B fundraising.

Locad Secures $9 Mn in Pre-Series B Funding Round

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Singapore-based a leading supply chain visibility provider, Portcast has raised US$6.5 million in funding in a Series A round led by Susquehanna Asia VC, with participation from new investors Hearst Ventures and Signal Ventures, alongside existing investors Wavemaker Partners, TMV, and Innoport.

Portcast Raises US$6.5 Mn in Series A Funding Round

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Robin AI, the leading provider of legal AI for business, has raised $25 million in funding, led by a group of its customers and existing investors. Investors include Paypal Ventures, Willets (Michael Bloomberg’s family office), and Cambridge University.

Robin AI Secures $25 Million in Funding

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Olea Global Pte Ltd (Olea), a Singapore-based digital infrastructure platform is pleased to announce that it has secured US$100 million of warehouse financing from HSBC, one of the world’s leading financial institutions, and Manulife | CQS Investment Management (Manulife | CQS), a global multi-strategy credit-focused asset manager, headquartered in London.

Olea Secures US$100 Mn Warehouse Financing from HSBC

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Leading global asset manager Schroders has announced a partnership with ADDX, a private markets and alternative investment platform, broadening access for accredited investors with a semi-liquid global private equity strategy.

Schroders Partners ADDX to Enhance Access to Private Equity Investments

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SeaMoney, the leading digital payments and financial services provider in Southeast Asia has (via its licensed insurance agency) partnered with Singapore’s leading general insurer, MSIG Insurance Singapore (“MSIG Singapore”), to launch a new comprehensive Travel Insurance product for Singapore-based travellers1. This new offering provides peace of mind at an affordable rate, available exclusively to Shopee customers. SeaMoney, the leading digital payments and financial services provider in Southeast Asia has (via its licensed insurance agency) partnered with Singapore’s leading general insurer, MSIG Insurance Singapore (“MSIG Singapore”), to launch a new comprehensive Travel Insurance product for Singapore-based travellers1. This new offering provides peace of mind at an affordable rate, available exclusively to Shopee customers.

SeaMoney Partners with MSIG to launch Comprehensive Travel Insurance to Shopee...

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FOMO Pay Pte Ltd, a Singapore-headquartered major payment institution, has announced an agreement with BNY, a global financial services company, to streamline USD payments for corporate clients. BNY's global payments expertise will complement FOMO Pay's digital payment solutions to deliver robust cross-border payment and collection solutions. With access to direct clearing via BNY, FOMO Pay will offer its clients an expanded range of efficient and secure payment options. The integration of BNY's global reach with FOMO Pay's innovative payment infrastructure, including QR code payment settlements and seamless multi-currency cross-border transactions, will help enhance the speed and safety of international payments for FOMO Pay's corporate clients.

FOMO Pay Taps into BNY’s USD Clearing Services to Expand Digital...

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OCBC and Ant International have formed a strategic partnership to enhance the efficiency and speed of cross-border fund settlements. In a Memorandum of Understanding (MoU) signed on 5 November 2024 by Melvyn Low, Head of Global Transaction Banking at OCBC, and Douglas Feagin, President of Ant International, both parties agreed to explore innovations in tokenized deposits for global treasury management, through Ant International’s Whale platform.

OCBC Forms Strategic Partnership with Ant International

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At the Singapore FinTech Festival 2024, PayPay, Japan's top QR payment operator, today announced an expanded partnership with Alipay+, Ant International’s cross-border mobile payment and digitalization technology solution, broadening its merchant coverage network across Japan. By working with local partners including PayPay, Alipay+ will now connect over 3 million local merchants to the global payment ecosystem, enabling local businesses and payment partners to provide global visitors with seamless and secure payment and travel experiences with their preferred domestic e-wallets.

PayPay and Alipay+ Extend Enhanced E-wallet Payment Options to Over 3...

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Worldwide Stablecoin Payment Network (WSPN) is excited to announce its strategic partnership with Ample FinTech, a Singapore-based fintech company specializing in enterprise-grade Web3 payment platforms and tokenization solutions. This collaboration aims to leverage Ample FinTech’s deep expertise in providing secure, compliant, and efficient tokenization technologies to enhance WUSD’s capabilities in cross-border transactions, reinforcing its leadership in the rapidly evolving Stablecoin 2.0 landscape.

WSPN and Ample FinTech Join Forces to Advance Enterprise-Grade Web3 Payment...

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