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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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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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Free Webinar for Nonprofits in Asia Pacific! How Nonprofits Can Use Social Media Successfully and Build Their Digital Libraries

Nonprofit Tech for Good

Time: 12-1:30pm Singapore/Kuala Lumpur. (10-11:30am Next, the webinar highlights the need to create a video and digital photography library and demonstrates how to use Windows Live Photo Gallery and Windows Live Movie Maker to create videos and slideshows for YouTube and Flickr. 10-11:30am New Delhi; 2-3:30 Sydney; 4-6:30pm Auckland).

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Singapore to invest billions in new submarine cable facilities

TechSpot

Announced by Singapore's Minister for Communications and Information Josephine Teo, the new Digital Connectivity Blueprint is an ambitions project that will reshape the country's digital connectivity infrastructure within the next decade.

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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 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 open finance startup Finantier gets backing from Y Combinator

TechCrunch

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. It definitely doesn’t need to be a bank account, it could be in a digital wallet, e-commerce platform or other service providers.”

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