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2058

Life.SREDA Announces InspirAsia FinTech Accelerator For Singapore

E27.CO: The 90-day accelerator’s first batch of 20-30 startups will kick off in September, with investments of US$50K to US$300K for 5-15% equity (more…)

Fintech news, Hotnews, InspirAsia, Singapore

April 9, 2015

921

Stripe To Enter Singapore Market?

TECHINASIAStripe may be making its way to the Singapore market, if certain reports from local entrepreneurs are accurate. The US-based company that provides web and mobile payment methods to online businesses has seemingly been testing the waters in the area, where competing service Braintree has already established a presence. (more…)

Fintech news, InspirAsia, Mobile payments/banking, news, Singapore

April 6, 2015

666

One of Singapore’s Sexiest Co-working Spaces Has Opened Its Doors

E27.CO:  It’s a great time to be an entrepreneur in Singapore. Never in the history of our little red dot has there been more buzz, more excitement, more life and more resources channeled towards technological innovation. Singapore has become a hub in this region and a real player on a world stage once dominated by the great industrial economies of the world like Japan and America.

(more…)

InspirAsia, news, Singapore

April 1, 2015

943

Singapore: A Fascinating Alternative To The Welfare State

FORBES.COM:  Lee Kuan Yew, the first prime minister of Singapore, died last week at age 91. Almost every obituary has remarked on the radical transition his leadership heralded. As John Fund wrote at National Review: “By embracing free trade, capital formation, vigorous meritocratic education, low taxes, and a reliable judicial system, Lee raised the per capita income of his country from $500 a year to some $52,000 a year today. That’s 50 percent higher than that of Britain, the colonial power that ruled Singapore for 150 years. Its average annual growth rate has averaged 7 percent since the 1970s”.

(more…)

InspirAsia, news, Singapore

March 31, 2015

720

Singapore Venture Builder Hatcher Announces US$100M Venture Fund

E27.CO:  Singapore-based venture builder platform Hatcher has announced the launch of the Hatcher Fund, an early-stage venture fund with a target size of US$100 million.

(more…)

InspirAsia, news, Singapore

March 30, 2015

3484

A List of Venture Capital Firms in Singapore

TECHINASIAVenture capital firms have entered Singapore in droves, which means internet startups here can look forward to a wider variety of funding options. Here is a list of venture capital firms with a presence in Singapore that are actively investing in startups in the series A rounds and above. It includes funds that are supported by the Singapore government through the NRF TIS scheme and the ESVF initiative. (more…)

Fintech news, InspirAsia, news, Singapore

March 26, 2015

659

Singapore’s Zopim to power Facebook Messenger’s Business app

TECHINASIA: Facebook woke up the internet industry when it announced that its popular Messenger app, one of the world’s largest chat apps with 600 million active users, will open up to third-party developers. The move emulates the recipe that brought Asian chat apps Line and WeChat into prominence as platform businesses. Announced on the same day (though overshadowed) was the news about Businesses on Messenger, an upcoming feature on the app that allows users to chat with businesses on customer support matters. Singapore startup Zopim, acquired last year by customer support software company Zendesk for US$30 million, will power the feature. (more…)

Fintech news, InspirAsia, news, Singapore

March 26, 2015

818

Entering the Post-LKY Era

The Independent: Lee Kuan Yew has passed away. He is the man who established Singapore, as we know it. The man of outstanding commitment and vision. Rest in peace (more…)

InspirAsia, Singapore

March 23, 2015

849

Golden Gate Ventures to raise $50m in second fund

DEALSTREETASIA: Early-stage fund Golden Gate Ventures (GGV) has upped its game in the venture capital space – raising around $50 million for its second fund. (more…)

Fintech news, Hong Kong, InspirAsia, news, Singapore

March 23, 2015

Lee Kuan Yew’s Singapore: An Astonishing Record

The Economist: An amazing infographics from the Economist: how Singapore has become the most developed country in the world in the Lee Kuan Yew years

(more…)

Analytics, Global trends, InspirAsia, news, Singapore

March 22, 2015

2215

Exclusive: Russian VC Life.SREDA moving HQ to Singapore, targets $100m second fund

DEALSTREETASIARussia’s economic slump is set to boost the fledgling financial services technology (Fintech) startup ecosystem in Singapore and South East Asia. Moscow-based venture capital firm Life.SREDA, that focuses exclusively on investments in Fintech mobile and internet projects, is pivoting to Asia, and moving its corporate headquarters to Singapore, executives aware of the developments told DEALSTREETASIA. (more…)

Fintech news, Hotnews, InspirAsia, news, Singapore

March 20, 2015

818

Insights Into Singapore’s Startup Scene: DBS’s CIO Neal Cross

E27.CO: DBS Chief Innovation Officer Neal Cross tells it like it is in an exclusive interview with e27 and gives startups some valuable advice

(more…)

InspirAsia, Singapore

March 12, 2015

762

Singapore Issues New Carpool Laws That Let Drivers Get Paid For Rides

TECHINASIA:  Last week, the Singapore government issued new laws that will allow drivers to receive payments for carpools. The statute was completed on Monday, March 2, and reported by the Straits Times on Friday. According to the statute, car owners can accept monetary compensation for driving passengers, provided the driver does not accept hails on the street or in a parking lot. In addition, payment cannot exceed the cost of taking the passenger to his or her destination, which must be agreed upon before the ride begins. Drivers are also prohibited from making more than two rides a day.

(more…)

Global trends, Government activities, InspirAsia, Singapore

March 9, 2015