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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 startup EduFi raises funding for its student loan platform

TechCrunch

The Singapore-based startup has launched an artificial intelligence-powered study now, pay later (SNPL) lending platform […] © 2023 TechCrunch. EduFi, a fintech startup that enables financially strapped students to secure loans for their education, has raised $6.1 All rights reserved. For personal use only.

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Singapore bank rolls out facial recognition for its ATMs

TechSpot

Singapore-based OCBC Bank has enabled facial biometric security on eight ATMs within the island city-state, including the bank's main branches in Tampines, in the Central Area, and at a convenience store, reports ZDNet.

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China’s WeRide tests autonomous buses in Singapore, accelerates global ambition

TechCrunch

On Monday, WeRide announced it has obtained two licenses from Singapore that will allow its robobuses to test on public roads on a “larger” scale. After years of aggressive expansion at home, China’s autonomous vehicle upstarts are now setting their gaze on overseas markets. The two […] © 2023 TechCrunch.

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Singapore-based mental health app Intellect reaches one million users, closes seed funding

TechCrunch

Intellect , a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Singapore-based Intellect wants to lower barriers to mental health support in Asia. Intellect offers two products.

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Singapore is using robots to detect bad behavior among the public

TechSpot

Reuters reports that Singapore has started testing a couple of robots, called Xavier, on patrols in areas with high foot traffic.

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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.