FINTECH NEWS SINGAPORE
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YouTrip Sets up Innovation Lab to Expand Team Ahead of Brand Revamp
Singapore’s multi-currency travel wallet YouTrip announced that it will be establishing an innovation lab in the country to fast-track its
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APAC Banks Lagging Behind on Digital Transformation
Banks across Asia Pacific are lagging behind the rest of the world when it comes to digitisation, with less than
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Financial Institutions Jump at APAC’s US$32 Billion Embedded Wealth Opportunity
In Asia-Pacific (APAC), embedded wealth is a US$32 billion opportunity per annum which financial institutions are eager to tap into.
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InvestaX Launches Securities Token Exchange in MAS’ Fintech Sandbox
InvestaX, a Singapore-headquartered online investment and trading platform for Digital Securities (DSO) and Security Tokens (STO), launches its exchange in
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Payments Firm OY! Indonesia Bags US$30 Million in Series A Led by SoftBank
Indonesian payments aggregator OY! Indonesia announced that it has raised US$30 million (Rp. 443.2 billion) in a Series A funding
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Singtel Dash, Etiqa Offer Free Insurance Coverage With Dash PET
Dash PET by Etiqa Insurance, an insurance savings plan created in partnership with Singtel Dash and Etiqa Insurance, has been
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Bhutan Set to Pilot Carbon-Neutral CBDCs With Ripple in Financial Inclusion Push
The Royal Monetary Authority (RMA), Bhutan’s central bank, announced that it will pilot a central bank digital currency (CBDC) in
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Vietnam’s Digibank ÜBank Leverages Backbase to Roll out 50 New Features in a Month
Übank, Vietnamese digital bank powered by VPBank, has partnered with digital banking software provider Backbase to leverage its cloud solution
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Google Pay Ties up With Fave to Offer Singaporean Users Loyalty Cashback
Fave, a fintech platform providing QR payments to restaurants and retailers, has announced a partnership with Google Pay to offer
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YouTrip Sets up Innovation Lab to Expand Team Ahead of Brand Revamp
Singapore’s multi-currency travel wallet YouTrip announced that it will be establishing an innovation lab in the country to fast-track its
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Y Combinator-Backed Spenmo Closes US$34 Million Series A Fundraise
Singaporean payments firm Spenmo has raised US$34 million in an oversubscribed Series A investment round. It is touted to be
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Digital Asset Manager TradeTogether Offers Robo-Advisory for Accredited Investors
Singapore-based digital asset management startup TradeTogether is on track to launch a series of pocket fund strategies for accredited investors
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EDBI Joins bolttech’s Series A Extension Totaling to US$210 Million
Singaporean insurtech unicorn bolttech has extended its recently-announced US$180 million series A funding round, bringing the series total to US$210 million.
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LSEG Labs Powers Key Projects With Machine Learning for Deeper Insights
The London Stock Exchange Group (LSEG) is ramping up innovation efforts, tapping into technologies including artificial intelligence (AI), machine learning
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Fintech Funding in APAC Has Doubled This Year to over US$ 5 Billion
In H1 2021, fintech funding in Asia-Pacific surged to US$5.56 billion, more than double the same period last year. The
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Machine Learning: The Future of eCommerce Fraud Prevention
Machine learning plays a pivotal role in effective fraud prevention systems. In this article, learn how machine learning can significantly
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Fintech Apps Sees a Surge in Downloads Amidst the Pandemic
Mobile app usage habits and trends have seen a drastic uptick amid COVID-19 and lockdown measures. In Asia-Pacific (APAC), fintech
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Thunes Makes Key Hires to Drive Global Expansion Plans
Singaporean cross-border payments firm Thunes has appointed Irina Chuchkina as Chief Marketing Officer and Babul Balakrishnan as Head of Customer
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Singapore Government Sets up S$1.5 Billion Fund to Spur IPO Growth
The Singapore government has announced a package of initiatives to support high-growth enterprises to raise capital in the country’s public
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DBS Set to Hire Tech Talent to Bolster AI, Blockchain Capabilities Through Hack2Hire
DBS plans to hire around 150 of Singapore’s top technology talent through its Hack2Hire hackathon to bolster its AI and
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NTUC Income Launches Micro Investment-Linked Plan On SNACK App
NTUC Income, an insurance cooperative in Singapore, announced that it has launched a micro investment-linked plan (ILP) on the SNACK
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MAS, SEC Thailand Boosts Cross-Border Investment With Stock Markets’ Linkage
The Monetary Authority of Singapore (MAS) has joined forces with the Securities and Exchange Commission of Thailand to enhance connectivity
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Indonesian Payments Firm Xendit Minted as Unicorn With US$150 Million Fundraise
Indonesian payments firm Xendit is now a unicorn with the closing of its US$150 million Series C funding round. The
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Singapore’s PayNow to Link Up With India’s UPI for Real-Time Payments by 2022
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India announced plans to link Singapore’s PayNow and India’s
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Empowering SMEs to Take the Friction Out of Card Payments With Suppliers
Cash is king. Every business owner knows these three words by heart, and for good reason. Cash is the lifeblood
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Swiss Wealthtech vestr Partners Julius Baer to Drive Singapore Expansion Plans
vestr, a Swiss platform that digitises the life-cycle management of actively managed investment products, has expanded to Singapore following a
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Wise Slashes Remittance Fees by up to 42% On Transfers From Singapore to 19 Countries
Wise, formerly known as TransferWise, has dropped prices by up to 42% on transfers from Singapore to 19 countries across
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In Southeast Asia, New Digital Habits Boost Digital Payments and Consequently Fraud
COVID-19 has sparked a global spike in e-commerce sales and online businesses as lockdowns force consumers to turn to online
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SDAX Gets Go-Ahead to Operate as Digital Asset Exchange From MAS
SDAX announced that it has obtained its Recognised Market Operator (RMO) license from the Monetary Authority of Singapore to operate
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10 Largest Crypto Hacks, Heists and Exploits of the Past 15 Months
Cryptocurrency-related hacks and scams continue to cost businesses and consumers billions in losses each year. Although overall crypto-related fraud activities
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ADVANCE.AI Harnesses Dow Jones’ Compliance Solutions to Bolster Core Services
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, has teamed up with Dow Jones, a global provider of
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The 10 Best Fintech Books To Have In Your Library
Top 10 Fintech Books While blogs and news portals will keep you up-to-date in terms of companies and corporate news,
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27 Most Valued World Fintech Unicorns, 8 From China
Business Insider Singapore, CBInsights, Funderbeam, and Crunchbase together have created the world’s fintech unicorns – fintech start-ups valued at over $1 billion.
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Here Are The Contenders to Singapore’s Digital Banking Race
Singapore’s digital banking license was perhaps one of the most widely discussed topic in 2019 within fintech circles and we
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MAS: 100 FinTech Problems to Solve for Singapore
Solve this problem on the Singapore Hackcelerator and apply until August 15th here! 7 problem statements on KYC / Identity
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Top 10 Blockchain Social Media Alternatives to Watch Out For
While blockchain was once known merely as the building blocks used to make bitcoin, it’s now being hailed as a
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The Philippines Fintech Report 2018
Note: We’ve update this report, the 2020 edition of the Fintech Report can be found here With a population
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The Swiss Payment Software Company Netcetera Expands to Singapore
“Expanding our Horizon” – under this motto Netcetera expands to Singapore in 2020. The Swiss software company and expert for
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Fintech Indonesia Report 2018 – The State of Play for Fintech Indonesia
Indonesia, the largest economy in South East Asia, with an estimated population of over 260 million people, the majority of
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Landscape of Blockchain Companies in Financial Services
In November 2008, a paper was posted on the Internet under the name Satoshi Nakamoto titled ‘bitcoin: A Peer-to-Peer Electronic
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10 Fintechs Stand a Chance to Present Their Solutions to Singapore’s Investment Industry
A Singapore industry group representing the city’s asset management firms, IMAS, has launched an accelerator programme which could position 10
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Singapore’s 30 Hottest Fintech Startups To Watch
Singapore’s vibrant startup ecosystem, supportive government, stable financial system and business-friendly tax regime, have helped turn the city-state into an
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Philippine Banks ATM Fees Compared
Bank of the Philippine Islands (BPI), Banco de Oro (BDO), Rizal Commercial Banking Corporation (RCBC), Metrobank and the Philippine National
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17 E-Wallets in The Philippines You Should Know
“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined
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Singapore’s Investment Management Association Announces a New Chairperson
The Investment Management Association of Singapore (IMAS) today announced that it has appointed Susan Soh, CEO Singapore, Schroders, as its
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Which is the Top E-Wallet in Singapore?
iPrice Group collaborated with App Annie Intelligence to track top e-wallet in Singapore.The study pictures the developments of e-wallets or
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Singapore Fintech Report 2021: Blockchain Dominates Singapore’s Fintech Scene
Singapore’s fintech industry continued its momentum in 2020 on the back of new regulations, fintech initiatives from regulators themselves and
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First Bank in SouthEast Asia To Use Blockchain Technology For Payment Services
OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment
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The Hottest Fintech Companies in Singapore in 2017
Singapore has had quite an amazing year with regard to fintech. The city-state organized the world’s largest fintech event, a
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Capital Markets Platform iSTOX Secures Funding Of USD 5 Million
Next-generation capital markets platform iSTOX has secured a USD 5 million investment from Hanwha Asset Management, South Korea’s leading comprehensive asset management company. The Korean
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The First Real Estate Crowdfunding Platform for the Philippines
Signet Properties officially launches Flint, the first, tech-enabled real estate crowdfunding platform in the Philippines. Co-presented by SeedIn Technology and
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RCBC’s Diskartech Tops Google Play’s Free Finance Apps, Surpassing Gcash and PayMaya
DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in Google Play
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Asia’s Top 7 Peer-to-Peer Lending Platforms
Peer-to-peer (P2P) lending is the loan of money to individuals or businesses through online services that match lenders directly with
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Cambodia Fintech Startup Report, Fintech Startup Map and Infographic
With some 25+ startups, Cambodia’s fintech startup landscape remains modest but is nevertheless growing steadily, according to a new report.
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Overview of Vietnam’s Major E-Wallet and Mobile Payment Players
In Vietnam, digital and mobile payment is undeniably the most developed and crowded fintech segment. According to the State Bank
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Top 7 Fintech Startups in the Philippines for 2020
Last year, Manila was named one of the world’s friendliest cities in the world for fintech startups, and was recognized
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Indonesia Fintech Report and Map 2020
Indonesia has the world’s 16th largest economy and is the world’s fourth most populous country with 274 million people, out
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Philippines Approves 3 More Crypto Exchanges Amid Soaring Bitcoin Prices
Bangko Sentral ng Pilipinas has green-lit another 3 cryptocurrency exchanges to operate in the Philippines. The new licensed firms include
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Myanmar Fintech Sector On Route To Growth: Fintech Startup Report and Map
While the Myanmar financial system remains largely dominated by banks, the non-bank and fintech sector is on route to growth
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20 Upcoming Fintech and Digital Banking Events in Singapore and Southeast Asia
Tired of crawling the Internet to find the hottest fintech events in your region? Need not worry. Today we’ve compiled
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Dubai-Based RAKBANK, BDO and Ripple Teams up for Remittance to the Philippines
Dubai-based bank RAKBANK recently enhanced its current remittance footprint in the Philippines by partnering with BDO Unibank, a full-service universal
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