Friday, 25 September 2026 · SEA Deal Ticker

SEA Deal TickerFri, 25 Sept

Singapore has three mobile networks, so why would StarHub buy M1?

Singapore could drop to two big mobile networks: StarHub is in talks to buy M1 from Keppel — TNGlobal · Permalink
StarHub, Singapore's second-largest mobile operator, told the stock exchange on 23 September it is in early talks for M1, the third-largest. No price yet; an earlier M1 sale to Simba, valued at US$1.1 billion, collapsed this year.
Positive-sum angle: Both buyer and seller sit in the orbit of Temasek, Singapore's state investor. Any founder reselling mobile plans or building on telco APIs should price in one fewer network to negotiate with.
Citi and HSBC back the check before a transfer leaves: Singapore's iPiD raises US$16M — TNGlobal · Permalink
iPiD confirms a recipient's bank account is real and matches the name before money moves. Foundation Capital led the Series A; its network covers 6,500 financial institutions and about 4 billion accounts.
Positive-sum angle: The round funds a push into the US, Europe and stablecoin payments. A payments startup worried about misdirected transfers now has a Singapore-built check its bank partners already trust.
America's Mayo Clinic buys into Asian lab testing: a stake in Singapore's Pathology Asia — TNGlobal · Permalink
Mayo Clinic Laboratories invested an undisclosed sum in Pathology Asia, whose labs run in six Southeast Asian countries and Australia, and in its genetic-testing unit LifeStrands Genomics.