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Volkswagen Group Singapore Partners with FOMO Pay to Introduce Digital Payment Tokens for Seamless Transactions

  • Volkswagen Group Singapore customers can now pay for vehicles and aftersales service using major digital payment tokens such as BTC, ETH, USDT, USDC, etc., with daily and cumulative transaction limits in place.
  • The move by VGS is in response to the growing adoption of digital currencies among consumers in Singapore.
  • This development is supported by FOMO Pay’s robust payment infrastructure, enabling merchants to accept and settle payments not only in fiat, but also digital currencies.

SINGAPORE, Aug. 14, 2025 /PRNewswire/ — Volkswagen Group Singapore (VGS) has announced a partnership with a leading Singapore-headquartered major payment institution, FOMO Pay, to enable digital currency payments for its vehicles and services. Customers can now pay using digital assets such as Bitcoin (BTC), Ethereum (ETH), and stablecoins including USDT, USDC, and more.

As the authorised distributor of brands such as Volkswagen, Škoda, and CUPRA, this latest move to enable digital currency payments reflects VGS’s commitment to offering consumers more flexible and future-ready ways to engage with the group’s brands.

Volkswagen Group Singapore elevates customer experience with digital currency payments

The move by VGS is in response to the growing adoption of digital currencies among consumers in Singapore, with recent data showing that 26% of residents now own digital assets. As consumers increasingly seek faster and more cost-effective payment methods, digital currencies are gaining traction not only for their speed and enhanced security, but also global interoperability and lower transaction costs.

Integrating DPT payments enhances the customer journey — by providing choice, speed, and a modern experience — in line with VGS positioning as a forward-thinking group ready for the next generation of mobility and commerce. DPT transactions per customer are subject to a daily cap of SGD 4,500, with a maximum of SGD 13,500 based on smurfing limits.

“An increasing number of consumers today are digital natives. They expect speed and convenience across all touchpoints, including how they pay,” said Dr. Kurt Leitner, Managing Director of Volkswagen Group Singapore. “Our partnership with FOMO Pay aligns with our broader vision of delivering premium experiences powered by technology and innovation.”

FOMO Pay fuels digital currency payment acceptance

With FOMO Pay’s digital asset payment infrastructure, VGS now supports digital currency payments for partial payments on new vehicle purchases, as well as aftersales services. All transactions are processed securely through FOMO Pay’s enterprise-grade gateway, ensuring compliance, transparency, and real-time exchange rates at the point of payment.

“FOMO Pay is excited to partner Volkswagen Group Singapore in elevating their consumer payment experience,” said Rose Wang, Head of Digital Payments at FOMO Pay. “As Singapore advances toward becoming a smart financial center, we believe digital assets will continue to play an important role in improving customer experience. At FOMO Pay, we remain committed to delivering a full suite of payment solutions, from digital currencies to fiat, and from online channels to offline channels. These payment solutions aim to empower businesses and enhance customer experiences.”

Accelerating towards a Smart Nation together

In the spirit of SG60, the partnership between VGS and FOMO Pay embodies the country’s sustained progress in economic growth and technological advancement. Both VGS and FOMO Pay share a strong alignment with Singapore’s vision of becoming a leading digital economy, where innovation enhances everyday life. By enabling digital currency payments, VGS not only modernizes its payment infrastructure but also signals a deeper commitment to offering greater flexibility and inclusivity for consumers. This is made possible through FOMO Pay’s robust digital payment infrastructure, which underpins the shift toward a more seamless and future-ready customer experience.

About Volkswagen Group Singapore

Volkswagen Group Singapore is a subsidiary of Porsche Holding Salzburg, which is fully owned by the Volkswagen Group. The company’s portfolio includes Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, ŠKODA, CUPRA and Das WeltAuto — Volkswagen Group Singapore’ certified pre-owned car programme. Volkswagen Group Singapore imports and retails Volkswagen, Volkswagen Commercial Vehicles, Škoda and CUPRA vehicles directly. This arrangement allows for a closer relationship between the brand and the people who matter the most. Volkswagen Group Singapore provides its customers with the quality experience they expect from Europe’s largest car maker — the showrooms and service centres are fully equipped with the latest equipment, with investments continuously being made in human resources and processes to provide the highest possible levels of customer service in both sales and aftersales.

Media contact
Rohan Palathinkal
Volkswagen Group Singapore
Assistant Group Corporate Communications Manager
+65 8223 4998
rohan.palathinkal@vw.com.sg | www.vwgroup.com.sg

About FOMO Pay

Founded in 2015, FOMO Pay is a Major Payment Institution licensed in Singapore, Hong Kong and the United Arab Emirates (UAE). The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:

  • FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
  • FOMO iBank – Facilitate businesses’ everyday requirements for transactional banking needs
  • FOMO Treasury – One-stop digital asset services provider bridging Web 2.0 & Web 3.0

Visit www.fomopay.com for more information. For media inquiries, contact marketing@fomopay.com.

CCTV+: From Villages to City Streets, Quzhou Charts Its Path Forward

The “See China Together” Zhejiang Tour makes its first stop in the historic city, a showcase of rural life and urban development

BEIJING, Aug. 14, 2025 /PRNewswire/ — From Aug. 6 to 7, the first stop of the “See China Together” Zhejiang Tour brought participants to Quzhou, beginning a journey to explore the city’s push for shared prosperity across its urban neighborhoods and rural villages, trace the historical and cultural roots of this ancient settlement, and witness examples of Chinese modernization taking shape.

 

The delegation included journalists from 11 countries — among them Spain, South Korea, Pakistan, Iceland and Thailand — along with nearly 70 multilingual reporters and editors from CGTN. With notebooks in hand and cameras slung over their shoulders, they set out to capture Quzhou’s distinctive character and the momentum of its transformation.

During the Quzhou leg of the tour, the group visited Jinxing Village in Kaihua County, Genyuan Town, the Doolittle Raid Memorial Hall, the Shuitingmen Historic and Cultural Block within the Quzhou Ancient City Cultural Tourism Area, the Qujiang Port Area, the Meigao Short Drama Super Factory, and Zhejiang Yulaoda Agricultural Technology, an agritech facility in Longyou County. Taken together, the visits sketched a layered portrait of Quzhou’s vitality and evolving identity.

 

CCTV+: Deqing Steps Into the Global Travel Spotlight

BEIJING, Aug. 14, 2025 /PRNewswire/ — From August 8 to 10, 2025, the “China Up Close Series: Zhejiang Tour” brought a contingent of nearly 70 journalists and editors from South Korea, Spain, Bulgaria, and Iceland to Deqing, a county in Zhejiang province. Alongside CGTN (China Global Television Network), they trained their lenses and notebooks on the region, seeking to capture its landscapes, history and cultural rhythms for audiences abroad.

The Naked Castle Resort — a hilltop property that has become one of Deqing’s signature attractions — fuses eco-tourism with leisure and recreation. Perched amid forested slopes, it offered the visitors a glimpse of the county’s slower mountain pace and the ways in which its natural setting is being enlisted to support sustainable development.


At the AI Virtual Film Studio, run by Zhejiang-based Versatile Media, the group screened promotional films and was introduced to virtual production techniques. The centerpiece was the studio’s “super screen system,” a 270-degree curved LED wall stretching 50 meters (164 feet) across. As cinematic vistas unfurled, several stepped into the scene themselves, momentarily part of a big-budget production.


The program also led the delegation to Meet the Earth’s Core — a café built inside a cave — as well as the OSM Pearl Museum, Xiazhu Lake National Wetland Park, Xinshi Ancient Town and Mocun Resort. Each stop added another layer to the portrait of a county balancing heritage with a modern creative edge.

 

W Energy Brings Advanced AI Energy Forecasting Back to Australia in Partnership with Simble


SYDNEY, AUSTRALIA – Media OutReach Newswire – 14 August 2025 – Australian clean energy innovation takes a leap forward as W Energy, a new energy technology company, teams up with long-established ASX-listed Simble Solutions (ASX: SIS) to deploy AI-driven energy forecasting and management solutions nationwide. Simble has also formally engaged Yongxin Sun, W Energy’s founder and former AI Clean Energy GLOBAL lead, to provide technical support and strategic guidance. Mr. Sun combines expertise in finance, large-scale energy project modelling, and applied AI technology.

W Energy’s AI forecasting platform originated in Australia to enhance solar and battery performance predictions while integrating financial modelling for investors and operators. Due to limited local data early on, the system was trialed in Southeast Asia across Cambodia, Vietnam, and the Philippines. These deployments delivered diverse climate and grid datasets, mature near real-time forecasting capabilities, and proven commercial benefits such as reduced investment risk and optimized storage dispatch.

Now commercially mature, W Energy and Simble will begin rolling out projects in New South Wales, expanding to Queensland and Victoria. The partnership leverages W Energy’s predictive AI for generation, demand, and pricing optimization alongside Simble’s established market presence and energy monitoring tools. Together, they will serve commercial buildings, industrial precincts, and regional grid networks, supporting virtual power plants, dynamic pricing response, and grid resilience.

This collaboration aligns with Australia’s energy transition goals, using AI to boost renewable penetration and grid flexibility. The platform integrates real-time IoT sensor data with historical weather and market information, applies adaptive algorithms for storage dispatch, and incorporates financial scenario modelling to assess project returns under varying conditions—all secured to comply with Australian data standards.

Key benefits include higher forecasting accuracy across diverse weather conditions, direct integration of financial metrics into operational decisions, and scalability from small commercial sites to utility-scale assets. Potential applications range from energy cost reductions for commercial customers to enhanced stability in high-renewable regions.

W Energy and Simble plan initial deployments in NSW commercial and industrial sites while collaborating with universities and research institutions to refine the AI platform using local data, further improving its accuracy, adaptability, and security.

Hashtag: #WEnergy

The issuer is solely responsible for the content of this announcement.

Zenith Yacht Charters Introduces Couple’s Dinner Cruise Package Alongside Regional Expansion Plans


SINGAPORE – Media OutReach Newswire – 14 August 2025 – Zenith Yacht Charters, a luxury yacht charter in Singapore, introduced its latest offering—Sunset Dinner Cruise (SDC) Package—in early 2025. This four-hour private charter couple’s cruise is designed for those looking to dine and unwind in a quieter setting outside the city.

Zenith Yacht Charters Introduces Couple’s Dinner Cruise Package Alongside Regional Expansion Plans
Zenith Yacht Charters Introduces Couple’s Dinner Cruise Package Alongside Regional Expansion Plans

A More Intimate Way to Experience the Sea
Sea Esta is a 50-foot Iliad catamaran and one of the newer yachts currently available for charter in Singapore. As a catamaran, it offers greater stability while cruising, which may appeal to guests seeking a smoother experience compared to smaller or single-hull vessels.

The SDC Package is tailored for two guests, with the option to accommodate extra visitors at an additional charge. The couple’s cruise includes an onboard meal consisting of a main course, soup, beverages, and a simple table setup. Guests can choose to dine either in the indoor saloon or on the flybridge, both offering al fresco seating. Two fishing rods are also provided for guests who wish to enjoy a quiet angling activity during the trip—and any catch can be prepared by the crew, adding a personal touch to the dining experience.

Addressing the Demand for Private, Unconventional Experiences
According to Zenith Yacht Charters, the SDC Package was rolled out in response to growing interest among Singaporean couples for weekend experiences that differ from the standard restaurant or city-based outing. With a limited number of dinner-focused yacht packages available for two people, the company aims to fill this gap in the market.

“Our goal has always been to match each customer with the yacht that best suits their needs,” said Mr Dave Cai, Director of Zenith Yacht Charters. “With the Sunset Dinner Cruise, we now offer an option for those looking for a cosy, private dinner onboard—rather than a group outing on the water.”

According to the company, the SDC package has been well received by guests, including a customer who recently used the cruise as a setting for a successful marriage proposal.

Part of a Regional Growth Strategy
Alongside the launch of the new couple’s cruise, Zenith Yacht Charters is continuing to expand its presence across the region. Over the past year, the company has introduced charter and yacht management services in Phuket and Penang—two destinations that are known for their distinct marine landscapes, many of which are best accessed by private yacht.

The company has also noted that more travellers are independently planning their own sea adventures, though some may be unfamiliar with the options available. To support this, Zenith Yacht Charters offers guidance on itinerary planning and vessel selection, helping guests make choices that suit their needs and travel preferences.

“Expanding into other parts of Southeast Asia strengthens our presence in the region and allows us to offer a wider range of charter options,” said Mr Cai. “We want to make it easier for travellers from around the world to experience the culture and natural beauty of Southeast Asia—with the right yacht and itinerary, wherever they choose to explore.”

Customers interested in booking the SDC package or exploring other regional offerings can reach Zenith Yacht Charters via WhatsApp or by submitting an enquiry form through the company’s website.
Hashtag: #ZenithYachtCharters #YachtCharter #CoupleCruise




The issuer is solely responsible for the content of this announcement.

About Zenith Yacht Charters

Zenith Yacht Charters is a Singapore-based company offering private charters for a variety of occasions, including weddings, proposals, social gatherings, team-building events, and leisure cruises. The company provides a diverse fleet to accommodate different group sizes, preferences, and budgets, with options suited for both casual outings and more structured events.

Felicity Expands Global Footprint with Singapore Office

Invests $1 Million To Build A Strategic Team Globally To Accelerate Growth

BANGALORE, India, Aug. 14, 2025 /PRNewswire/ — Felicity, an AI enabled game-tech company known globally for publishing high performing gaming titles, recently announced its expansion to Singapore with Felicity Labs Pte. Ltd. The company will focus on upcoming acquisitions and operations in the region with an aim to target 2X growth by March 2026.

With the Singapore entity established as its new Southeast Asia (SEA) headquarters, Felicity is poised to double its scale in the region through expanded studio partnerships and targeted growth initiatives. The new entity will play a pivotal role in increasing the regional user base to over 2 million, with a strategic focus on high-growth markets such as Vietnam and Thailand.

This regional structure strengthens Felicity’s access to one of the world’s fastest-growing game development ecosystems, enabling deeper collaboration with developers and creators, having already established a strong gamer base in the US. The new move also positions the company to better serve a rapidly diversifying user base, supporting its broader goal of achieving 2x global growth.

Felicity will also invest $1 million over the next 12–18 months towards building a robust leadership team, expanding its talent pool, and deepening market penetration across APAC. With presence in India, Türkiye, and now Singapore, the company aims to further acquire IP’s, expand talent and player base in new geographies with senior strategic leads focused on product innovation and cross-border partnerships, as well as the formation of a regional developer network.

Felicity has successfully raised a total of $3.7 million across two funding rounds, marking a strong start to its global journey. The company secured $700K in its pre-seed round and recently closed a $3M seed round led by 3one4 Capital, MIXI Global, and T-Accelerate Capital.

Says Anurag Choudhary, Founder & CEO of Felicity, “APAC is home to 1.5 billion gamers and a $70B market becoming one of the fastest growing regions globally and we see this as a pivotal opportunity to build the future of gaming in the region. This expansion with Singapore, will strengthen our ability to engage with local talent, partners, and communities in a region that has immense potential and is at the forefront of gaming innovation.”

felicitygames.com

 

Neurowatt Accelerates AI Infrastructure Adoption Across Asia-Pacific with Landmark Partnerships

Strategic alliances with Tedia and Viettel drive breakthroughs in smart retail and enterprise AI transformation

SINGAPORE, Aug. 14, 2025 /PRNewswire/ — Neurowatt, a next-generation AI infrastructure company, today announced two milestone partnerships that mark a major step forward in scaling high-performance AI capabilities across the Asia-Pacific region.

Celebrating a shared vision for next-generation smart retail — Neurowatt and Tedia launch strategic alliance.
Celebrating a shared vision for next-generation smart retail — Neurowatt and Tedia launch strategic alliance.

Partnering with Tedia Technology, a pioneer in intelligent beverage automation, and Viettel, Vietnam’s largest telecommunications provider, Neurowatt is delivering full-stack AI solutions that reshape both consumer innovation and enterprise transformation.

Brewing Business Intelligence: Autonomous Retail with Tedia

Neurowatt specializes in applied AI, robotics, and smart automation. In partnership with Tedia, Neurowatt is powering fully autonomous, AI-driven tea stores for one of the fastest-growing and market-leading tea beverage brands — entirely operated by robotics and managed by a centralized AI “brain”.

This proprietary AI engine orchestrates robotic arms, inventory management, personalized experiences, and real-time analytics, creating a fully automated, data-driven retail model.

“This is more than robotics — it’s about reimagining how business works,” said Peter Lu, Founder and CEO of Neurowatt. “We empower companies to transform repetitive labor into scalable AI capital that directly fuels growth.”

Tedia’s smart hardware, paired with Neurowatt’s AI infrastructure, enables beverage brands to automate operations at scale. This collaboration illustrates Neurowatt’s core mission: transforming traditional, labor-intensive models into intelligent, value-generating systems. With AI-powered automation, businesses can convert operational overhead into digital capital—driving scalability, agility, and profitability.

Scaling AI-Driven Transformation at Viettel

At the enterprise level, Neurowatt is deploying a cutting-edge High-Performance Computing (HPC) platform for Viettel, making it the first telecom operator in Vietnam to   scale AI operations nationwide.

Neurowatt’s hybrid model—integrating its proprietary GPU rental system with a global idle GPU marketplace—enables enterprises like Viettel dynamic scalability without the cost and complexity of managing on-premise infrastructure.

“Viettel’s forward-thinking embrace of AI sets a new benchmark for telecom innovation in Southeast Asia,”continued Mr. Lu,”We’re honored to be part of their journey of turning computing infrastructure into a true engine for innovation and growth.”

By fully deploying its solution within Vietnam, Neurowatt ensures data sovereignty and regulatory compliance, while retaining hybrid-cloud flexibility to support future growth.

Key features include:

  • HPC infrastructure: Enables large-scale deep learning, real-time analytics, and enterprise knowledge mining for advanced AI workloads.
  • Private knowledge base: A custom-built system developed in Vietnamese, enabling smart search and process automation by consolidating internal documentation, meeting records, and workflows
  • Operational automation: Leverages AI-powered task management and intelligent data routing to streamline internal processes, improve efficiency, and reduce operational costs.

Powering the Future of Global AI

Neurowatt is redefining how organizations access and scale compute power. As a software-defined hardware company, Neurowatt delivers modular and flexible infrastructure that accelerates AI development and deployment — empowering everyone from agile startups to multinational enterprises.

At the core of Neurowatt’s platform lies a cross-border AI scheduling system with multi-GPU compatibility, enabling intelligent allocation of compute resources across regions and workloads. This transforms raw compute power into a strategic asset that drives smarter internal operations while accelerating business growth.

Headquartered in Singapore with an R&D hub in Taiwan, Neurowatt is rapidly expanding its global footprint, with active data centers and operations in Vietnam, Abu Dhabi, Oman, Switzerland, and Japan—demonstrating its commitment to delivering localized, high-performance AI solutions worldwide.

About Neurowatt
NeuroWatt is a global AI infrastructure leader specializing in high-performance computing, edge-cloud integration and smart automation. With a portfolio of proprietary technologies, multiple patents, and a rapidly expanding global footprint, Neurowatt empowers organizations to unlock the full potential of AI—driving efficiency, innovation, and growth.

Learn more at: www.neurowatt.ai 

Media Contact: 

Vicki Shao
vicki@neurowatt.ai

 

Coupa Launches Virtual Cards in Japan to Modernize B2B Payments

Coupa Pay Virtual Cards seamlessly integrate into payment workflows powered by AI-driven insights for visibility and control

TOKYO, Aug. 14, 2025 /PRNewswire/ — Coupa, the leading AI platform for total spend management, today announced the launch of its first virtual card capabilities in Japan. Through strategic partnerships with local banks, Coupa will deliver secure and embedded payments in local currency – backed by the power of AI to manage spend more intelligently. This launch marks a significant step in Coupa’s Asia Pacific expansion and its mission to help businesses around the world multiply their margins by optimizing cash, mitigating risk, and controlling spend using the power of Coupa AI. 

With this initiative, virtual cards will be a payment option available in Coupa’s AI-enabled AP automation workflows, and customers in Japan will accelerate and secure supplier payments, reduce fraud through single-use or limited-use virtual cards, improve cash flow, and earn rebate opportunities. By utilizing Coupa’s total spend management platform, customers gain access to $8 trillion in community generated-data that informs Coupa’s AI, reducing manual processes and automating payments reconciliation and approvals.

“As companies in Japan accelerate digital transformation, AI will fundamentally reshape how business gets done – starting with smarter, faster financial operations,” said Salvatore Lombardo, Chief Product & Technology Officer at Coupa. “Coupa’s automated payments solutions unlock new levels of agility, visibility, and control for finance organizations. Our collaboration with payment providers in Japan will modernize spend management, reduce risk, and embrace the future of finance with a secure and efficient way to pay–helping them spend smarter and drive greater value from every yen.”

Coupa was positioned as a Leader in the first-ever IDC MarketScape for Worldwide Embedded Payment Applications 2024–2025 Vendor Assessment (doc #US51793524, December 2024). The IDC MarketScape notes, “Coupa can process payments in full on behalf of the customer. All payments processed in Coupa are integrated back into the ERP with the appropriate payment batches and payment numbers.”

Coupa virtual cards are a part of the Coupa Pay product portfolio, designed to provide customers full visibility and control over payments and liquidity, enabling companies to not only make smarter decisions about their spend, but also on their payments, cash, and working capital. With one single platform to manage payments, Coupa Pay streamlines the payment process and eliminates disparate systems, siloed teams, and manual processes.

“Over the last seven years, we’ve built Coupa Pay into a global payment standard, enabling global customers to pay in almost 200 countries and over 140 currencies across any array of payment types,” said Bill Wardell, GM of Coupa Pay.

For Vacasa, a rapidly growing vacation property management company, Coupa’s embedded payments were instrumental in driving transformation. With over 44,000 homes under management and 70,000 invoices processed monthly, Vacasa needed a scalable, efficient payment system to support its operations across five countries.

Using Coupa Pay, Vacasa reduced its payment processing time from 15 days to under three days — a game-changer for its diverse network of suppliers across 400 global vacation destinations. The introduction of digital checks enabled Vacasa to meet supplier demands for immediate payment, providing a competitive edge in the vacation rental market. Using Coupa, Vacasa successfully achieved its initial public offering while implementing an efficient payments solution that supports its exponential growth and empowers the company to scale and expand into new markets.

Coupa plans to begin onboarding select customers in the coming months through a phased rollout, with the expectation that they will be fully operational by early 2026. Coupa is proud to support more than 50 Japanese enterprises on their digital transformation journeys from sourcing, to procurement, to payments and contracts optimization. Learn more about how Coupa can help your business achieve AI-driven total spend management and margin optimization by visiting www.coupa.com.

About Coupa
Coupa is the leading AI platform for total spend management. Using its trusted, community-generated, $8 trillion dataset, Coupa brings autonomous AI agents, a network of 10M+ buyers and suppliers, and leading apps together on one unified platform to seamlessly automate the buying process and connect to customers in a whole new way. With Coupa, you’ll make margins multiply™. Learn more at coupa.com and follow us on LinkedIn and X (Twitter).

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