Daily Briefing: Singapore pays huge tribute to LKY; SG50 feared to heed 'discontent'

And Singapore’s Numoni raises $4.7M to bring digital payments to unbanked.

• Independent Singapore turned 50 Sunday with fireworks, a massive military parade and a tribute to late founding leader Lee Kuan Yew, who helped transform it from colonial backwater to regional powerhouse. Read more here.
• Singapore marks its 50th anniversary on Sunday celebrating a remarkable transformation from colonial backwater to regional powerhouse, but analysts say the festivities are unlikely to silence rumbling discontent ahead of expected elections. Find out more here.
• Singapore-based digital payments company Numoni has raised S$6.6 million (US$4.76 million) in a series B round. Singaporean investment firm OWW Capital Partners and notable local business figure Robert Yap, along with several private funds, participated in the round. Robert Yap also sits on the board of Numoni. Know more about it here.