Singapore companies top SEA payment startup funding
• Airwallex, a company dual-headquartered in Singapore and the US, has emerged as the top payment startup in Southeast Asia, raising $2.45 billion (US$1.9 billion) since 2015. • Other major Singaporean business developments include ST Engineering securing an $840 million Taiwan MRT contract and Allianz acquiring HSBC Life Singapore for $2.1 billion. • In the tech and infrastructure sectors, Seatrium received approval for a 30MW floating data center concept, while Endeavor established its first Asia-Pacific hub in Singapore.
sbr.com.sg