Amazon’s Prime Day comes to Singapore

Amazon’s well-known shopping event, Prime Day, will be making its inaugural debut this year from 13-14 October 2020. Amazon’s Singapore website launched in 2019, and deals on products are actually already live with Early Prime Day Deals since 1 October till the actual event.

Amazon will also be launching e-Gift Cards on Prime Day, and every Prime Member who purchases at least a S$50 gift card will receive a S$10 bonus e-Gift Card too, while stocks last. 10 new categories of products will also be launched on Prime Day, with Musical Instruments, Jewelry, Watches, Gardening and Luggage being a few.

From left: Mr. Richard Koh Seoh Leng, Founder and CEO, M-DAQ Pte. Ltd. (EY Entrepreneur Of The Year – Financial Technology); Mr. Leong Jia-Le, Eric, Managing Director and Co-founder, Mlion Corporation Pte. Ltd. (EY Entrepreneur Of The Year – Industrial Solutions); Mr. Ian Ang, Co-founder and CEO, Secretlab (EY Entrepreneur Of The Year – Consumer Products)

Three entrepreneurs win EY Entrepreneur Of The Year 2020 Singapore Awards

Professional services organisation EY has named the three recipients of its EY Entrepreneur Of The Year 2020 Singapore awards, with Mr. Richard Koh Seoh Leng, the Founder and CEO of M-DAQ Pte. Ltd. winning the Financial Technology award. Mr. Leong Jia-Le, Eric, the Managing Director and Co-founder of Mlion Corporation Pte. Ltd. won the Industrial Solutions award and a name we’re all quite familiar with, Mr Ian Ang, the Co-founder and CEO of gaming chair company SecretLab has won the Consumer Products award.

One of the three winners will be named the EY Entrepreneur Of The Year 2020 Singapore, and will represent Singapore at the EY World Entrepreneur Of The Year 2020 award in 2021, competing against entrepreneurs from over 60 jurisdictions.

The EY Entrepreneur Of The Year 2020 Singapore will be announced at the virtual EY EOY Awards celebration on 9 November, with Minister K. Shanmugam as the guest-of-honour.

Credit: Neuron Mobility

Neuron Mobility raises additional US$12mil in funding

In Neuron Mobility’s latest Series A+ investment funding round, the Singapore-headquartered company has raised an additional US$12 million, resulting in a total Series A funding of US$30.5 million.

Neuron is looking to expand into five new cities across Australia and New Zealand within the next 12 months, a move that will create an estimated 400 jobs spread across both markets and at its headquarters here in Singapore.

The company has also announced its entry into the UK market, with a launch in the town of Slough and several more planned.

Credit: SOCASH

Withdraw cash without bringing a physical bank card, thanks to SOCASH’s partnership with OCBC

Fintech startup SOCASH has announced a partnership with OCBC Bank, extending its ATM-free digital cash management and distribution solution with retail and SME customers. With integration of SOCASH’s technology with OCBC’s PayAnyone app, OCBC customers can now withdraw cash from more than 1500 retail outlets without having to bring along their physical bank card.

“As we accelerate our drive to go cashless, we also recognise that ATMs are still an essential last mile and a frequently used touchpoint for our customers. Our customers already have the option to withdraw cash from more than 1,200 ATMs across the island – having an additional 1,500 on-demand cash withdrawal options will give them greater convenience. (..) This partnership with SOCASH definitely checks the boxes and will further enhance the ease of cash withdrawals for our customers,” said Mr Desmond Tan, Head of Group Lifestyle Financing, OCBC Bank.

Credit: AlGIRLithm

All-female coding team wins top prize for Youth Team category in MIT hackathon

An all-female team of teenage coders called AlGIRLithm have won first place in the Youth Team category in the MIT App Inventor Hackathon 2020. The app is targeted at helping consumers have a better idea of which restaurants have adapted their hygiene practices to combat the spread of Covid-19.

The app, called SafeBite, will provide a comprehensive rating of how well restaurants are adhering to several metrics like safe distancing, sanitation, temperature checks and more safety measures. All ratings are user-generated and the app creators hope that the app will put people at ease when dining out by providing information on which restaurants are being safe and following safety measures.