 this is Komal Nathani. Welcome to Friday Flashback. Singapore has set aside additional $74 million for start-ups in SME to foster entrepreneurial spirit in the nation. The Finance Minister made this announcement during the 2019 annual budget speech. India's top five financial companies have decided to merge their digital payment services to challenge Kojik and Ovo, the two dominant players in the industry. After raising $272 million in series defunding last year, Singapore-based social media platform Big O has announced it will expand in India, Middle East and the US by the end of this year. That's all for this week. See you next Friday.