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Fintech News Singapore

AI Financial Inclusion Lending

ADVANCE.AI Ties up With Visa to Enhance Its Credit Decisioning Services

ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, is partnering with Visa to enhance its credit decisioning for

Various

Here’s What You Need to Know About Singapore’s Talent in Finance Programme

The Monetary Authority of Singapore (MAS) says that leadership development is an important area of focus for the Talent and

Funding

ShopBack Raises Additional US$80 Million From Temasek’s 65 Equity Partners

Shopping and rewards platform ShopBack announced that it has extended its Series F funding round with US$80 million of equity

Mobile Payments

Singapore Gears up for Next Phase of Growth for SGQR

Singapore has big plans for its national QR code payment standard. The country wants to establish its Singapore Quick Response

Crypto

Revolut Introduces an In-App Educational Feature for Its Singapore Users

Revolut, a global financial super app with more than 20 million customers worldwide, has launched an in-app educational module to

Vietnam Virtual Banking

Vietnamese Digibank Timo Promotes Jonas Eichhorst as New CEO

Vietnam-based digital bank Timo announced that its Chief Financial Officer, Jonas Eichhorst has been promoted as CEO and will retain

Funding Indonesia

Top 10 Most Well-Funded Fintechs in Indonesia in 2022

Indonesia, Southeast Asia’s largest economy, has emerged over the past couple of years as one of the region’s biggest fintech

Various

Here Are The 5 Key Focus of Singapore’s New Financial Services Transformation Plan

Enhancing payments connectivity, digitalizing the financial infrastructure and promoting green finance will be among the main areas of focus for

Blockchain

ChainUp Welcomes Singapore’s Former Prime Minister as Special Advisor to Its Board

ChainUp, a Singapore-based blockchain technology service provider, welcomes Singapore’s former Prime Minister, Emeritus Senior Minister Goh Chok Tong as a

Payments

IMDA and MAS Seeks Feedback to Bolster the SGQR’s Interoperability

The Infocomm Media Development Authority (IMDA) and the Monetary Authority of Singapore (MAS) are seeking feedback on making the Singapore

Cloud Digital Transformation Sponsored Post

Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years

Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger

Various

IDC Fintech Rankings 2022: The Most Valuable and Impactful Fintech Companies

Market intelligence firm IDC has published the 2022 IDC Fintech Rankings, a listing of technology providers based on calendar year revenues from financial

Payments Vietnam

Vietnam’s Buy2Sell Ties up With Mastercard for Cross-Border Payments

Vietnamese e-commerce platform Buy2Sell announced a new strategic partnership with Mastercard to enable multiple payment types to a variety of

Australia Blockchain

Australia to Explore Potential for Retail and Wholesale CBDCs

The Reserve Bank of Australia (RBA) is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases

AI Funding India Regtech

Indian Fintech Signzy Secures US$26 Million in Funding Round Led by Gaja Capital

India-based digital banking infrastructure enabler Signzy announced that it had raised US$26 million in a funding round led by private

Wealthtech

Endowus Appoints Former Stash Exec Vinod Raman as Chief Product Officer

Endowus, a Singaporean digital wealth platform licensed by the Monetary Authority of Singapore (MAS), announced that it has appointed Vinod

Green Fintech Payments

Thunes Ramps up Commitment to ESG With Global Initiatives

Singapore-based global payments company Thunes announced its affiliation with two global ESG initiatives, namely the United Nations Global Compact and

Crypto

DBS Rolls Out Self-Directed Crypto Trading for Accredited Wealth Clients

DBS has rolled out self-directed crypto trading, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx. With

Events

Top 12 Upcoming Fintech Events Taking Place in Singapore in Q4 2022

Home to more than 1,000 fintech companies, 40+ innovation labs and some of the world’s largest financial institutions, Singapore has

E-wallets

Superapp Grab Promotes Suthen Paradatheth to Group CTO

Southeast Asian superapp Grab announced that it has promoted Suthen Thomas Paradatheth to Group Chief Technology Officer (GCTO), effective 1

Green Fintech

STACS Partners With Everimpact for Greater Transparency in the Carbon Credits Market

Hashstacs (STACS), a blockchain-based fintech firm focused on Environmental, Social, and Governance (ESG), has partnered with France’s Everimpact to provide

Blockchain Funding

Singaporean Fintech #dltledgers Secures S$8.5 Million in Series B Fundraise

Singapore-based fintech firm #dltledgers announced that it has raised S$8.5 million in a Series B funding round to fuel its

Crypto

Kaspersky Report: Crypto Collapse Could Lead to Increased DDoS Activity

Recent projects failure and crash in the cryptocurrency market, including the Terra/Luna debacle, have pushed crypto prices further down and

Events Thailand

Huawei Connect 2022 Kicks off Its Global Tour in Bangkok

Huawei’s 7th annual flagship event HUAWEI CONNECT 2022 kicked off yesterday in Bangkok with the theme “Unleash Digital”, gathering over

Funding India

Despite Soaring Funding and Valuations, Indian Fintechs Struggle to Turn a Profit

India’s fintech industry has grown as a rapid pace over the past years, and stands today as the world’s third

India Various

MAS Collaborates With India’s IFSCA to Drive Fintech Innovation

The Monetary Authority of Singapore (MAS) and India’s International Financial Services Centres Authority (IFSCA) has signed a co-operation agreement to

Blockchain

BNB Chain and Google Cloud Partner to Support Web3 and Blockchain Startups

BNB Chain and Google Cloud have formed a partnership to provide early stage Web3 and blockchain projects with foundational infrastructure,

Funding

B2B Fintech Platform Fazz Raises US$100M Series C Led by Tiger Global

Southeast Asian fintech Fazz — a business account for businesses of all sizes to pay, save and get credit —

E-commerce

WhatsApp Puts Focus on Small Businesses; Bets on Social Commerce and Chat-Based Experiences

Social networking giant Meta Platforms is targeting opportunities related to commerce and payments, leveraging on the popularity of WhatsApp in

Wealthtech

Singapore Poised to Become a Wealthtech Powerhouse

Singapore’s wealthtech sector is growing at a fast pace. Amid soaring venture funding and booming adoption of robo-advisors, the city-state

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Recent Virtual Banking News

Top Picks Virtual Banking

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

What Have Singapore’s Digital Banks Been up To?

7 Things You Need to Know About Singapore’s Digital Banking Licenses

Who Will Be the Ultimate Winner of Asia Pacific’s Virtual Banking Race?

E-Commerce Firms May Be in The Forefront of South East Asia’s Digital Banking Revolution

Only 5% of The World Challenger Banks Are Profitable, Most of Them Are From Asia

LINE Launches “Social Banking” Platform with Thailand’s KASIKORNBANK

Various

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,

Fintech IPO Various

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.

Top Picks Virtual Banking

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

Various

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

Philippines

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

Blockchain

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

Various

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

Indonesia

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

Blockchain

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

Various

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

Mobile Payments Philippines

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

Online Wealth Mgt Wealthtech

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

Philippines

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

Mobile Payments Top Picks

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

Online Wealth Mgt Wealthtech

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

Blockchain

Forward-Thinking Applications of Blockchain

Blockchain technology rose to the forefront in 2017 as the cryptocurrency bitcoin experienced a massive price boom. Suddenly bitcoin was

Studies

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

Blockchain

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

Various

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

Online Wealth Mgt Various

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

Crowdfunding Philippines

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

Philippines

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

Crowdfunding Lending

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

Cambodia

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.

Various

Top 10 Fintech Startups and Companies in Thailand to Keep an Eye On in 2019

It would surprise many outside of the kingdom to discover that Thailand is actually a hotbed for fintech today. Without drawing

Blockchain Philippines

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

Indonesia

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

Mobile Payments Vietnam

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

Philippines

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

Myanmar

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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