Posts From Fintech News Singapore
Funding Societies Thailand Surpasses THB 1 Billion in Loan Disbursements
Funding Societies a Southeast Asian Small and Medium Enterprises (SME) digital financing platform, announced that its Thai business has reached THB 1 billion (US$ 27.8 million) in loan disbursements for year-to-date (YTD) 2022. The company said that it is looking
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Igloo Extends Series B to US$46 Million, Eyes M&A Opportunities
Insurtech firm Igloo announced that it has raised an additional US$27 million in its Series B extension, bringing its total funds raised for this tranche to US$46 million. The initial Series B capital raise of US$19 million in March this
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MAS Says Singapore Banks’ Exposures to Cryptoassets Are Insignificant
Singapore’s Senior Minister and Minister in charge of the Monetary Authority of Singapore (MAS) Tharman Shanmugaratnam said that banks in the country are required to hold S$125 of capital against an exposure of S$100 to a cryptoasset like Bitcoin. In
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Temasek Expands Global Footprint With 13th Office in Paris
Singapore-based investment company Temasek announced that it will open its third European office in Paris, which will be operational in H1 2023. Temasek said that the new office will strengthen its global network, help enhance access to deal flow, partnership
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While Retail Crypto Is Bearish, Institutional DeFi Picks Up Steam
Institutional decentralized finance (DeFi), a trend that refers to the combination of DeFi software protocols with appropriate safeguards to ensure financial integrity, regulatory compliance and customer protection, is a fast-growing sector that’s emerging on the back of accelerated product innovation,
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A Freelancer’s Guide to Making Money Online in Thailand
Making money online is one of the top ways to earn a lot of money in a short period of time today. Especially after the COVID pandemic, a lot of businesses have switched to remote environments, enabling their employees to
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UK and Singapore to Cooperate on Sustainable Finance, Fintech Innovation
The United Kingdom (UK) and Singapore have signed a Memorandum of Understanding to establish the UK-Singapore Fintech Bridge on Friday. At the 7th UK-Singapore Financial Dialogue, both countries discussed their joint interests in sustainable finance as well as fintech and
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AWS Powered Trust Bank to Onboard More Than 300,000 Users in Two Months
Amazon Web Services (AWS) Singapore, an Amazon.com company, has been powering Singapore’s built-in-the cloud digitally-native bank Trust to onboard more than 300,000 customers in two months. Through the partnership with AWS, Trust has the agility to rapidly improve its offerings
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Singapore Fintech Association Appoints Experian to Operate Its BNPL Bureau
Consumer financial data service provider Experian has been appointed as the bureau operator for Singapore’s Buy Now, Pay Later (BNPL) Working Group by the Singapore Fintech Association (SFA). Experian will facilitate creditworthiness checks for consumers with users’ credit information submitted
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Applications Are Now Open for the Singapore Blockchain Innovation Challenge 2022
The Singapore Blockchain Innovation Programme (SBIP) has announced the launch of the Singapore Blockchain Innovation Challenge 2022 hackathon. SBIP is an initiative funded by the National Research Foundation (NRF) and supported by Infocomm Media Development Authority (IMDA), Enterprise Singapore (ESG),
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