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Indonesian Insurtech Rey Assurance Secures US$4.2 Million Seed Funding

Indonesian insurtech Rey Assurance announced that it has secured US$4.2 million in seed funding to advance its digital health products

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Demand for Sustainable Finance on the Rise in APAC

Across Asia-Pacific (APAC), sustainable finance services are growing in popularity among consumers. But despite rising demand for greener and more

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Banks Are Increasingly Embracing Crypto As It Moves into the Mainstream

The past year has seen cryptocurrency adoption and trading surge. Total transaction reached US$15.8 trillion in 2021, up 567% from

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A Look at India’s Grand Vision to be a Global Payments Powerhouse

In June, The Reserve Bank of India (RBI) released its Payments Vision 2025, a document that outlines the central bank’s

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Mambu Partners With Visa to Revamp Card Payment Experiences

Cloud banking platform Mambu announced a global partnership with Visa to utilise Visa DPS – one of the largest processors

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Australia’s First Islamic Bank Secures License, Beta Testing Begins in 2023

Australia’s first-ever Islamic bank has just been licensed and will begin beta testing with a small number of customers in

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Sleek Scores Major Payment Institution License From MAS

Sleek, a platform providing incorporation and accounting services for SMEs and entrepreneurs, has secured a Major Payment Institution License (MPI)

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Nexo Intends to Fully Acquire Embattled Vauld

Nexo, a Zug-based digital assets institution, announced that it intends to fully acquire Singapore-based crypto platform Vauld. According to Nexo,

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MAS Threatens Supervisory Action if Banks Exceed 4 Hours of Downtime

The Monetary Authority of Singapore (MAS) takes seriously all IT incidents that affect the availability of digital banking services, said

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Crypto Exchange Binance Pursues Aggressive Expansion Plan in Southeast Asia

Binance has embarked on an aggressive expansion plan in Southeast Asia where the cryptocurrency exchange is looking to capitalize on

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Singaporean Crypto Exchange Vauld Suspends All Withdrawals, Trading and Deposits

Singapore-based crypto platform Vauld announced that it will suspend all withdrawals, trading and deposits on its platform with immediate effect.

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MAS Considers Imposing Additional Safeguards Against Crypto Trading

The Monetary Authority of Singapore (MAS) has been carefully considering the introduction of additional consumer protection safeguards to protect them

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Singlife With Aviva Backs Local SMEs’ Digitisation With Grab, Google, Razer Fintech

Homegrown insurer Singlife with Aviva announced the launch of a cross-industry collaboration “A Better Odyssey” which will help promising startups

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Binance to Share Expertise on Digital Assets With Cambodian Regulator

Global cryptocurrency exchange Binance announced the signing of a Memorandum of Understanding (MoU) with the Securities and Exchange Regulator of

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Three Arrows Capital Rebuked for Misleading MAS and Exceeding Its AUM Threshold

The Monetary Authority of Singapore (MAS) has reprimanded cryptocurrency hedge fund Three Arrows Capital (TAC) for providing false information to

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World’s Most-Followed Tiktoker Khaby Lame Joins Binance as Brand Ambassador

Global cryptocurrency exchange Binance has partnered with Khaby Lame, the Italian Senegalese creator who grew to fame through his viral

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Global Processing Services Appoints Fiserv’s Kevin Schultz as CEO

Payment technology platform Global Processing Services (GPS) announced that it will be promoting its current CEO, Joanne Dewar, to Vice

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Climate Impact X Leverages Nasdaq’s Tech to Power Its New Spot Trading Platform

Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, has selected Nasdaq to power its new

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Indonesian Social Commerce Firm Mapan Secures US$15 Million Series A

Indonesian social commerce startup Mapan announced it has closed a US$15 million Series A funding round. The round was co-led

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Huobi Global to Slash Workforce by 30% Following String of Failed Expansions

Cryptocurrency exchange Huobi Global might lay off more than 30% of its workforce due to a sharp drop in revenue,

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Volt Becomes Second Australian Neobank to Shutdown as Funding Dries Up

Australian neobank Volt announced that it will be shutting down its deposit-taking business, return all deposits to its customers and

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Funding Societies Inks Deal to Acquire CardUp

Funding Societies, a Southeast Asian digital financing platform for small and medium enterprises (SMEs), today announced that it is acquiring

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APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner

Despite realizing the opportunities brought about data and analytics, banks and financial institutions in Asia-Pacific (APAC) are still struggling to

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Less Than 5% of the World’s 400 Neobanks are Profitable

Neobanking has been one of the most talked-about fintech segments of the past decade, a buzzing industry that’s seen an

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Matrixport’s Cactus Custody Rolls Out Institutional Custody Service for NFTs

Matrixport, a digital assets financial services ecosystem, announced the launch of Warm and Cold custody services for Non-Fungible Tokens (NFTs)

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DPM: Singapore and Switzerland to Deepen Ties to Break New Grounds in Fintech

Global financial centers such as Singapore and Switzerland need to set aside competition to collaborate on new frontiers as pioneering

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MAS Grants In-Principle Approval to Sparrow for Digital Payment Token Services

Digital assets trading platform Sparrow announced that it had secured an in-principle approval from the Monetary Authority of Singapore (MAS)

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Temasek-Backed ShopBack Secures US$80 Million in Series F

Shopping and rewards platform ShopBack announced that it has raised US$80 million in a funding round led by Asia Partners,

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ADDX Partners China Construction Bank for China’s Offshore Investment Scheme

Private market exchange ADDX has partnered with the China Construction Bank (Chongqing and Singapore branches) to help domestic investors in China

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Mambu Bolsters Its C-Suite With a Slew of Appointments

Software-as-a-Service (SaaS) banking platform Mambu has made four new senior hires to its C-suite to support its future growth. Mambu

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Popular Posts

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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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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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 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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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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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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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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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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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’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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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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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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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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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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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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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

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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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