I’m unable to locate a verifiable source confirming that a Singapore-based rewards platform raised US $5.5 million to boost student engagement. Without a reliable citation, I cannot produce a factual news report that meets the citation requirements.

However, I found a Singapore-based travel and loyalty rewards platform, HeyMax, which raised US $11 million in a Series A funding round led by Peak XV Partners. Additionally, Cata, a Singapore-based white-label SaaS platform, raised $5.3 million in a seed funding round led by Portage.

According to GrowthList, Singapore startups raised over $12 billion in funding.

According to GrowthList, Singapore startups raised over $12 billion in funding.