Fintech News Singapore

Standard Chartered’s VC Arm Participated in AI Firm’s US$40 Million Round

Digital Reasoning, today announced a strategic investment from SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered

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Meet the 8 Startups Selected for Singapore’s Government Backed Blockchain Accelerator

Tribe Accelerator, a blockchain accelerator backed by Enterprise Singapore, announced the onboarding of new partners to its program. Despite having

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HyperCapital Announces Plans To Build The World’s Strongest Blockchain Community Alliance and Ecosystem

The Hyper Capital Community Meetup was held successfully in Hong Kong on September 16 at The Kimberley Hotel. The event

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Lazada Philippines Teams up with AsiaKredit to Offer Shoppers Installment Plans

Asia Kredit announced today a partnership with Lazada Philippines which will enable Lazada shoppers to purchase and apply for monthly

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Nearly 300 Arrested in Philippines for Alleged Crypto Investment Scam

227 Chinese nationals were arrested in Pasig City, Philippines, on suspicion of running a crypto investment scam targetting would be

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Indonesian P2P Lending Firm PinjamWinWin Secures Funding from SOSV MOX

PinjamWinWin, a Peer-to-Peer (P2P) lending fintech company, today announces that it has raised funding from SOSV. The P2P lending firms

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Crypto Deals on The Rise in Asia Pacific

Year 2019 has witnessed a major shift in crypto-related fundraising and merger and acquisition (M&A) activity. While in 2018, the

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Sopnendu, Singapore’s Chief Fintech Officer Appointed as a Fintech Advisor to an Indian State

The Monetary Authority of Singapore’s Chief Fintech Officer Sopnendu Mohanty was appointed a digital and fintech advisor to India’s Odisha

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Wowoo Exchange Announces Official Launch of Digital Assets Trading Platform

Singapore-based Wowoo Exchange today announced the official launch of its digital assets trading platform. With an initial focus on the

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Tradeteq’s Credit Scoring System Goes Live on Singapore’s National Trade Platform

Tradeteq, the technology provider for the global trade finance market, has launched its machine-learning driven credit scoring system for institutions

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Singapore’s Hong Leong Finance is The Latest to Seek Digital Banking License

Hong Leong Finance Ltd is the latest entity seeking to apply for Singapore’s digital banking license, according to Bloomberg. Hong

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With Mobile Payments on the Rise, Creator of QR Codes Thinks It Needs a Security Revamp

QR Codes were first invented in 1994 by Japanese engineer Masahiro Hara. When it was created for Denso, they were

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Indonesian Micro Saving Fintech Receives Over US$3M in Funding Led by Go-Ventures

Pluang, a fintech startup providing digital micro-savings for Indonesians (formerly known as EmasDigi), officially announced today its US$3 million Series

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Mastercard and R3 Partner to Develop Blockchain-Powered Cross-Border Payments Solution

Mastercard and R3, an enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new

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DBS Launches Multi-Tier Financing Facility Blockchain Platform in China

DBS Bank today announced its first multi-tier financing facility on a logistics blockchain platform named Rong-E Lian, to help small

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Grab Reportedly Eyeing to Merge OVO and Dana in a Bid to Compete with Gojek

Ride-hailing giant and super-app aspirant Grab is rumoured to be in talks to merge Indonesian digital payments firm OVO with

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Razer Fintech Appoints Ex-GIC President to its Board of Advisors

Razer Fintech, the financial technology arm of Razer Inc has appointed Lim Siong Guan as an Advisory Board member. Recognised

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Refinitiv’s Eikon Auctions Facilitated US$ 1 Trillion in Transactions for Central Banks

Refinitiv recently reached a key milestone for its Eikon Auctions service, having helped facilitate over $1trillion for its central bank

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OCBC’s New Voice-Based Virtual Assistant Gaining Traction

Each month, over two million banking transactions and services are performed using the OCBC Mobile Banking app. Since 19 August 2019,

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Indonesia-Based Lending Fintech Raises US$ 24 Million in Gobi Partners Led Round

Indonesia based SuperAtom has closed its latest funding round of US$24 million. The round was led by Gobi Partners through

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Philippines To Launch Standardised QR Code For Payments Soon

The Philippines is anticipated to launch a standardised QR code for payments by September, according to a report by Philstar.

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China’s Insurance Giant, Ping An Considering Digital Banking License in Singapore

Ping An’s fintech unit OneConnect, is considering to apply to Singapore digital banking license, according to a recent Bloomberg report.

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Crypto Exchange Huobi to Launch a USD$ 515 Blockchain Phone

Huobi Exchange announced that they will be launching their blockchain phone named “Acute Angle” soon. As part of that launch,

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New Digital Banks Unlikely To Threaten DBS, OCBC and UOB, Fitch Ratings Says

Singapore’s granting of up to five new digital bank licenses is unlikely to threaten the dominance of the country’s three

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Philippines’ Fintech Industry Calls for ASEAN Wide Standardised QR

The ASEAN must standardize quick-response (QR) codes for digital payments platforms to facilitate and simplify regional trade. Lito Villanueva, Chief

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Kredivo Closes up to US$20m Credit Line with Partners for Growth

Jakarta-headquartered Kredivo, a digital credit platform for retail borrowers across Indonesia, and Partners for Growth V, L.P. (PFG), a  venture

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London-Based Open Banking Platform Raises US$ 10 Million, Expands to Singapore

Railsbank an open banking and RegTech platform, announces that it has raised $10m in a Series A funding round, led

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State-Owned Overseas Filipino Bank to Become a Fully Digital Bank by 2020

The Overseas Filipino Bank (OFBank), a state-owned bank and a subsidiary of Land Bank of the Philippines, is planning to

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Visa Racks Up Fintech Investments in 2019

Visa, the world’s second-largest card payment organization, has turned to fintech acquisitions, investments and strategic investments to further expand its

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New Wallet in Vietnam: SmartPay Acquires More Than 200,000 Users Since Its Launch

Launched by Smartnet in May 2019, SmartPay acquired over 200,000 users and 3,000 merchants across Vietnam. Different types of merchants

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Top 10 Fintech Books While blogs and news portals will keep you up-to-date in terms of companies and corporate news,

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Solve this problem on the Singapore Hackcelerator and apply until August 15th here! 7 problem statements on KYC / Identity

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While blockchain was once known merely as the building blocks used to make bitcoin, it’s now being hailed as a

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Landscape of Blockchain Companies in Financial Services

In November 2008, a paper was posted on the Internet under the name Satoshi Nakamoto titled ‘bitcoin: A Peer-to-Peer Electronic

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Singapore’s 30 Hottest Fintech Startups To Watch

Singapore’s vibrant startup ecosystem, supportive government, stable financial system and business-friendly tax regime, have helped turn the city-state into an

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The Hottest Fintech Companies in Singapore in 2017

Singapore has had quite an amazing year with regard to fintech. The city-state organized the world’s largest fintech event, a

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