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Home Technology Singapore Tech News Roundup Mid-September 2020

Singapore Tech News Roundup Mid-September 2020

Stay up-to-date with Singapore’s latest tech news and headlines with SGbusiness talk. Check out the top 10 stories for mid-September 2020 below:

Onerent to Launch its Property Management Platform in Singapore

Despite the uncertainties brought by the COVID-19 pandemic, San Francisco-based property management company Oherent has decided to launch its property management platform in Singapore.

TikTok Owner to Spend Billions in Singapore After US Ban

After being forced by the US government to sell TikTok operations, ByteDance Ltd, the Chinese owner of the famous video-sharing app, is now planning to invest billions in Singapore as part of its global expansion.

SoftBank Vision Fund Raises US$100M Funding Round in Singapore Healthtech Firm Biofourmis

Biofourmis, a Singapore-based digital therapeutics startup has raised US$100M in a Series C funding round led by Softbank Vision Fund 2.

SGInnovate to Open More Jobs and Traineeships in Deep Tech Industry

SGInnovate, a private organisation owned by the Singapore government, has announced two initiatives in the hope to create more jobs and traineeships for Singaporean students, fresh graduates and mid-career professionals.

Singapore Fintech Thunes Raises US$60M to Expand Global Growth

Thuns, a Singapore fintech startup has raised US$60M in its latest Series B funding round for cross border payments in Africa, Asia and Latin America.

SingPost Conducts a Public Trial For Its Smart Letterbox System

Singapore Post, the country’s designated Public Postal Licensee (PPL), will be conducting a public trial for its small letterbox system. This involves a central machine that stores and dispenses mail and small packages, which can be retrieved through a touch screen machine.

OctiFI Launches the First Buy-Now-Pay-Later App in Singapore

OctiFi, a Singapore-born fintech startup, has launched the first-ever buy now-pay-later financing platform in the country available to online and offline businesses.

Decathlon Unveils its First Duplex Experience in Singapore

French sporting goods retailer, Decathlon, opens its latest store with tech-enhanced features in The Centrepoint by Frasers Property Singapore.

New Spur App Helps Commuters Find Cheapest Fares Among 3 Ride-Hailing Providers

Founded by two young technopreneurs, Spur is a new local app that lets commuters compare fare prices among three providers: ComfortDelGro, Grab and Gojek.

Singlife and Aviva to Merge in a S$3.2B Deal

Singapore Life Pte. Ltf. (SingLife), a homegrown digital life insurer, has entered a deal with Aviva Singapore valued at S$3.2 billion. This is considered as one of the largest deals in tre insurance sector in Southeast Asia, and the biggest in the entire country of Singapore.

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