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unicorn
Startups, Entrepreneurs, Digital economy
Local unicorn Patsnap says it is 'self-sustainable' without having to touch the US$300 mil raised
One of Singapore's lesser-known unicorns, Patsnap, is vital in a country's bid for economic and geopolitical prowess through R&D.
March 28, 2024
Fintech
Nium posts net revenue of US$82 million in 2022
Over the past year, Nium raised additional capital at a US$2 billion valuation.
August 01, 2023
IPO
Nium eyeing secondary listing in Singapore alongside 2Q2025 NYSE IPO goal
The GIC- and Temasek-backed fintech doubled its valuation to US$2 billion in early-2022.
July 18, 2023
Results
Used car marketplace Carro reports record ebitda for FY2023 at US$4 mil
Revenue for the full year exceeded US$800 million on the back of a US$1.5 billion GMV.
May 25, 2023
Fintech
Nium leverages pandemic-driven opportunities, pursues inorganic growth
While other companies conserved cash to stay afloat, Nium made several “important acquisitions” during the pandemic.
October 20, 2022
Company in the news
Singapore's sovereign fund helps create Thailand’s latest unicorn
The company’s value topped $1 billion after a Series B round of funding
September 27, 2022
Singapore FinTech Festival 2021
Asean FinTech unicorns riding on structural and behavioural changes
Asean tech start-ups can realise the potential of an integrated Asean market in ways other sectors have not.
November 03, 2021
Funds
B2B e-commerce platform Moglix joins unicorn club following US$120 mil fundraise
Moglix – a B2B e-commerce platform for manufactured goods – has just been promoted to unicorn status.
May 17, 2021
Company in the news
Payments provider PPRO crosses US$1 bil valuation
The payments platform-as-a-service company is now valued at over US$1 billion.
January 20, 2021
Startups, Entrepreneurs, Digital economy
XA Network aims to find next tech unicorn; partners Vertex Ventures
Finding and backing tech start-ups that may one day grow into unicorns is no easy feat. But a group of angel investors is hoping to prove otherwise. These angel investors are senior executives who have worked or are working for well-known and established
July 24, 2020