Singapore: Fintech startup C88 secures $28m in Experian-led Series C round


The round was joined by responsAbility Investments, DEG, InterVest, FengHe Fund Management, Pelago Capital and Fuchsia Venture Capital as well as existing investors Monk’s Hill Ventures, Telstra Ventures, Kickstart Ventures and Kejora Ventures.

Silkroad Nickel to be first nickel mining company to list in Singapore

Silkroad Nickel Ltd, formerly known as China Bearing (Singapore) Ltd., is set to be first nickel mining company to be listed on the Singapore Exchange as it expects to make its trading debut today.

Singapore’s Keppel Capital to launch $147m education-focused fund

Keppel Capital and MindChamps PreSchool Limited will jointly establish a new private fund, Keppel MindChamps Education Real Estate Fund.

Data marketplace ODX raises $60m to bring free internet to emerging markets

ODX has raised $60 million in a private token sale participated by technology and blockchain space players

Grab alleges ‘double standard’ in measures proposed by Singapore’s competition commission

Grab in a written response said the commission allowed other players and new entrants to maintain or enter into exclusivity arrangements with drivers, private hire rental fleet and taxi operators without restrictions.

Temasek leads $100m round for US-based payments firm Flywire

Flywire will leverage the new investment to accelerate its growth in North America, Europe and Asia-Pacific while establishing a foothold in emerging markets like Latin America, the Middle East and Africa.

WeWork China raises $500m from Temasek, SoftBank, others

The latest funding round reportedly values WeWork China at $5 billion.

KBS Realty said to consider $1b REIT listing in Singapore

KBS, which partnered Keppel Corp.’s asset management arm on a Singapore listing last year, is in talks with firms based in the city-state to find possible co-sponsors for a second REIT.

Benettons to sell part of stake in Spain’s Cellnex to GIC, ADIA

The two sovereign wealth funds are expected to pay up to 600 million euros ($700 million) for a stake of between 30 and 40 percent in ConnecT – the vehicle that holds the Cellnex shareholding.

Singapore’s Ascendas Reit acquires logistics properties in UK for over $273m

Temasek-owned Ascendas-Singbridge Group will provide Ascendas Reit with asset management and related services in the UK.