Posts From Fintech News Singapore

DBS and SkillsFuture Singapore to Help SMEs Build Sustainability Skills

DBS Bank and SkillsFuture Singapore (SSG) have announced a new two-year partnership to help small and medium enterprises (SMEs) develop sustainability skills. The partnership will see DBS enhance its SME Skills Booster Programme to support SMEs on these skills. The

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Singapore Overtakes Hong Kong in Digital Banking Adoption

Advancements in technology, changing demographics and supportive regulations are driving the rise of digital banking in Asia, with Singapore and Hong Kong emerging as key players. While both locations have witnessed significant growth in their respective digital banking landscape, adoption

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Singapore, China, & Cambodia Lead the Pack in CBDC Development

In Asia, central banks and monetary authorities are rushing to develop and deploy central bank digital currencies (CBDCs), a technology that they believe is central to their transition to a digital economy, a new report by the Asian Development Bank

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Ravi Menon Bags IIF’s Distinguished Leadership and Service Award

The Monetary Authority of Singapore‘s (MAS) Managing Director Ravi Menon was bestowed the Distinguished Leadership and Service Award from the Institute of International Finance (IIF). The award is given to individuals who have made significant contributions to the global economy

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South Korean Crypto Firm Upbit Gets Regulatory Greenlight in Singapore

Upbit Singapore, a subsidiary of South Korean crypto exchange Upbit, has received in-principle approval for a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This will allow Upbit Singapore to continue providing regulated Digital Payment Token

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7 Indian Fintech Ventures Recognized Among Most Promising Startups

Market intelligence platform CB Insights and professional network Linkedin have released their respective lists of the most promising and fastest-growing tech startups to watch closely. CB Insights’ 2023 Fintech 100 list, unveiled on October 03, 2023, features 100 private market

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Indonesia’s LUNA Secures Funding to Expand Its Reach

LUNA, an Indonesian embedded fintech and vertical SaaS platform for retailers and MSMEs, has raised funding from TNB Aura, Seedstars, 1982 Ventures, Century Oak Capital, and Prasetia Dwidharma. The sum was not disclosed. With this round of financing, LUNA plans

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6 Corporate Fintech Accelerators and Incubators in Asia to Know

Corporate accelerators and incubators are specialized initiatives set up by established corporations to foster innovation. These programs typically provide startups with resources including mentorship, office space, financial support and access to a corporation’s network and customer base. In return, these

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Allianz Partners and bolttech Provide Embedded Device, Appliance Insurance

Allianz Partners, a provider of B2B2C insurance and assistance services, and global insurtech bolttech has partnered to provide embedded device and appliance protection insurance across Asia Pacific and the United States. The partnership aims to make it easier and more

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Xiaomi-backed Tiger Brokers Singapore Names Ian Leong as CEO

Xiaomi-backed online brokerage Tiger Brokers Singapore named Ian Leong as its new CEO, effective 28 September 2023. He succeeds Eng Thiam Choon who stepped down in June this year. He has 13 years of experience in the financial industry and was

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