Archive
MAS Issues Guidelines to Facilitate Provision of Digital Advisory Services
The Monetary Authority of Singapore (MAS) issued the Guidelines on Provision of Digital Advisory Services, to facilitate the provision of these services in Singapore. The guidelines incorporate feedback from the public consultation as well as learning points from MAS’ engagements with the industry.
Read More
MC Payment Is Adopting The “WordPress for Blockchain” Into Their Cashless System
Singapore homegrown fintech player, MC Payment, has partnered with global Blockchain based platform, NULS to expand into the rest of the ASEAN market. MC Payment intends to build their own chain on NULS’ protocol, valuable to the payment company for
Read More
UQPAY Launches SGQR Code Payment Services For Merchant
UQPAY has launched Singapore Quick Response Code (SGQR) payments for its merchants, combining its multiple existing payment QR codes in a single QR code. This latest initiative helps businesses to manage the different in-store cashless payment scheme more efficiently and
Read More
Silicon Valley Payments Company Worth US$20 Bil Eyes Southeast Asian Expansion
Stripe, a Silicon Valley API software that started with just a few lines of code now helps Fortune 500 companies process transactions online. According to Fortune, Stripe’s early days saw it being used among small businesses that want to engage
Read More
A Definitive Guide to Southeast Asia’s Payments Scene
In fintech’s genesis across Asia, it seemed like all of the new developments were focused on streamlining payments without coincidence, around the time that e-commerce experienced its boom too. Now, that trend seems to be making a grand return with
Read More
15 Inspiring Fintech Founders from South East Asia to Follow
Southeast Asia’s financial services industry is rapidly evolving as a result of disruption from new-age fintech companies and the rapid adoption of fintech solutions. The rise of fintech in the region has been fueled by Southeast Asia’s expanding economies, young-urban-digitally-savvy
Read More
PH Fintech Firm Voyager Gets $175m Investment From KKR, Tencent
Global investment firm KKR, and China-based internet services provider Tencent Holdings Ltd separately acquired a substantial minority stake worth $175 million in Philippine-based fintech company Voyager Innovations, marking the largest investment to date in a Philippine technology company. The latest
Read More
Grab and Fave Teams up To Tackle The Singaporean and Malaysian Market
Grab and Fave announced a strategic partnership for both parties to grow the respective platforms across the region. The partnership is aimed at capitalising on Grab’s user base of over 110 million downloads and Fave’s strong merchant network of over
Read More
OCBC To Enable Instant SMEs Account Opening in November
Following their move in rolling out real time account opening for all Singaporeans and permanent residents, OCBC is now extending the same service SMEs. This real-time account opening service is enabled by the Singaporean government’s national data repository, MyInfo and
Read More
PH Fintech Startup First Circle Raises $26m, Launches Credit Facility For SMEs
Philippine-based fintech startup First Circle has raised fresh investments of $26 million (P1.5 billion) in a Series A round led by Venturra Capital even as it launched a new credit facility backed by the Department of Trade and Industry (DTI),
Read More