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Weixin Pay expands role in Singapore tourism as Chinese visitor demand grows

TechNode

The recently formalized Memorandum of Understanding (MoU) between Singapore’s major tourism stakeholders and Weixin Pay marks a milestone in cross-border digital tourism development. China was Singapore’s largest source market for international visitors before the pandemic.

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20 Crowdfunding Services for Nonprofits Worldwide

Nonprofit Tech for Good

Nonprofits in North America, Europe, and Australia have a multitude of online fundraising services to choose from mostly thanks to their government’s efforts to build digital records and databases of legally verified nonprofits. Giving.sg (Singapore). BackaBuddy (South Africa). backabuddy.co.za. Donate-ng (Nigeria).

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Singapore-based digital business assistant Osome raises $3 million

TechCrunch

Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor Lysenko told TechCrunch.

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Singapore-based corporate services super app Osome raises $25M Series B

TechCrunch

It plans to become cash flow positive within the next 12 months, and recently announced a digital banking partnership with Singapore financial service corporation OCBC. Osome currently serves more than 11,000 business in Singapore (where it is is headquartered), Hong Kong and the United Kingdom.

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Singapore-based Tinvio raises $12M Series A to build financial services for supply chain merchants

TechCrunch

First created to give supply chain merchants a streamlined way to communicate with buyers, Tinvio is now preparing to launch financial services, including financing and credit card issuing. The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. million seed round.

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Singapore wealth management platform Endowus raises $35M

TechCrunch

One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 Returning investors include notable firms like UBS Next, Singapore’s EDBI, Prosus Ventures (owned by Naspers), Lightspeed Venture Partners, Singtel Innov8 and Endowus employees.

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Singapore-based open finance startup Finantier gets backing from Y Combinator

TechCrunch

Being “underbanked” doesn’t mean that someone lacks access to financial services. But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools.

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