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Start Singapore: Crowdo gets provisional MAS licence

Crowdo gets provisional MAS licence Singapore fintech start-up Crowdo has received a provisional capital market services licence from the Monetary Authority of Singapore (MAS) to offer both equity crowdfunding and peer to business (P2B) lending solutions in Singapore. With this licence, it has become the leading crowdfunding outfit in the region, said co-founder and chief executive officer Leo S...


TIH acquires assets from Republic Technologies for S$62m

TIHT Investment Holdings II, an indirect wholly owned subsidiary of mainboard-listed private equity fund TIH, has entered into a share purchase agreement with Republic Technologies and its other related corporations to acquire a portfolio of assets for around S$62 million. This will be payable partly in cash, financing and via issuance of shares in TIHT II. The portfolio comprises interests in Pa...


Crowdfunding buzz as banks, listed firms join the action

For some people, it takes a lifetime to earn a million bucks. But for Apple products reseller EpiCentre, a unit of EpiCentre Holdings which is listed on the stock market, it took them just 26 hours to raise a million dollars from investors over the Internet. The catalyst? The rise of crowdfunding, or peer-to-peer lending - an increasingly popular way for companies to tap the cash assets of thous...


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