Posts From Fintechnews Singapore

Asian Development Bank Report Suggests That Blockchain Can Help SMEs Gain Funding

Digital innovation and in particular blockchain technology can increase small business access to finance, according to a new study by Asian Development Bank. In a report, titled Fintech for Asian SMEs, ADB explores how technologies such as distributed ledger technology

Read More

DBS’ Singapore Country Head Appointed to NETS Board

NETS, Singapore’s payment services group, announced that Mr Shee Tse Koon, Singapore Country Head at DBS Bank, has been appointed to its Board of Directors. Mr Shee’s appointment took effect on 13 August 2019. Mr Shee has 25 years of

Read More

World Bank Issues Second Tranche of its Kangaroo Blockchain Bond Via Bond-i

The World Bank has raised an additional AUD 50 million for its Kangaroo bond due August 2020 – the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology. The successful tap expands market participation

Read More

PayPal Launches Women’s Program in Singapore for Greater Diversity in Tech

PayPal Pte Ltd has launched the Women Luminaries Program (WLP)  in Singapore to help empower female students passionate about technology to pursue a career in the field. This initiative strives to dispel stereotypes surrounding the industry, correct the current gender

Read More

Binance Announces “Project Venus” A Competitor to Facebook’s Libra

Binance today announced its plans to initiate an open blockchain project, Venus, an initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. Binance is looking to create new alliances and partnerships with governments, corporations,

Read More

India Turns 350,000 Postmen Into Bankers To Serve Customers In Remote Areas

Across the country, over 350,000 postmen are offering doorstep financial services to people in even the remotest parts of India. They are equipped with a mobile phone and a hand-held biometric scanner to perform tasks of bankers including opening savings

Read More

Refinitiv Brings its Financial Data to the Cloud for Customers in Asia with AWS

Refinitiv has launched delivery of its financial data to Asia-based clients leveraging Amazon Web Services (AWS) as it continues to expand its global cloud capabilities to meet customers’ needs. Refinitiv’s Elektron real-time data is now available in the AWS Asia

Read More

Meet the 7 Startups Selected for SAP’s First South East Asia Accelerator

Software giant SAP announced this week that they have kicked off their first acceleration program in Singapore. Dubbed as SAP.iO Foundry the program aims to accelerate Southeast Asian startups, providing them access to curated mentorship, exposure to SAP technology and

Read More

Doxa to Launch Blockchain Platform to Match Invoices for SMEs

SMEs will no longer need to manually reconcile purchase orders and invoices Singaporean startup, Doxa, claims. With their enterprise SaaS platform Andromeda, the startup claims to be able to enable businesses to transact goods and services without the hassle of

Read More

Backed by Tencent’s Co-Founder, Koku Eyes Indonesian Expansion

Singapore based fintech KOKU has announced its plans to expand into Indonesia.  Its regional expansion follows their successful US$2 million pre-series A funding round earlier this year, which was led by Decent Capital, an investment firm started by Tencent Co-Founder

Read More