Posts From Fintech News Singapore

Revolut Singapore’s Customers Can Now Buy and Sell US-Listed Stocks From US$1

Revolut, a neobank with more than 25 million retail customers worldwide, is now offering stock trading for its Singaporean customers. They will now have the opportunity to buy and sell US-listed fractional shares through the Revolut app. The feature allows

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Profiting From Volatility in the Forex Market

Forex traders often handle their transactions and trades using the MetaTrader platform, a piece of software that is quite popular among forex traders. It is a complete tool that gives traders access to a number of tools and features that

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MSIG Singapore to Deploy Fermion’s AI Tool to Combat Motor Insurance Fraud

General insurer MSIG Singapore has partnered with insurance ecosystem builder Fermion to combat motor insurance fraud through the use of an advanced artificial intelligence tool, TrueSight Fraud Intelligence. MSIG said in a statement that it will be able to rapidly

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Japan-Based Fintech Habitto Raises a Further US$3.9 Million In Pre-A Financing Round

Habitto by SJ Mobile Labs, a Japan-based startup looking to change financial habits through a mobile bancassurance platform, has raised US$3.9 million in a pre-A financing round. The round was co-led by Saison Capital and Cherubic Ventures. It was also

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Top 10 Most Well-Funded Fintechs in India

2022 was a turbulent year for startup fundraising. In India, although fintech funding dipped 35% in 2022, the country maintained its position as one of the top three countries for fintech funding, with startups in the sector successfully securing a

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Brunei’s Baiduri Bank Taps finbots.ai for AI-Powered Credit Scoring

Brunei’s Baiduri Bank has selected finbots.ai, an AI-powered credit scoring software provider backed by Accel, to accelerate the bank’s financial inclusion drive for the underserved credit market. By adopting finbots’ AI credit modelling solution, creditX, Baiduri Bank will be able

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Seba Bank Names Amy Yu as APAC CEO to Spearhead Growth Plans

SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, has appointed Amy Yu as the CEO of its APAC division. As a deep domain expert in both crypto and traditional banking in Asia, Yu has over

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Visa Makes Two New Senior Leadership Appointments in Asia Pacific

Visa announced two senior leadership changes in the Asia Pacific region, with Chris Clark promoted as Chairman for Asia Pacific while Stephen Karpin succeeds him as the Regional President for Asia Pacific, effective 1 April 2023. In the role of

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Fintonia Secures Capital Markets License From MAS

Singaporean crypto fund manager Fintonia Group has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This will enable Fintonia to continue expanding and providing innovative investment solutions and products to its clients. The CMS

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Insurtech Firm Igloo Appoints New Chief Technology Officer

Insurtech firm Igloo has appointed Liliang Zhu as its Chief Technology Officer to strengthen the firm’s tech capabilities and product innovation as it expands insurance offerings across key markets. Zhu will lead Igloo’s tech and innovation strategy and oversee the

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