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Fintech News Singapore

Igloo Extends Series B to US$46 Million, Eyes M&A Opportunities

Insurtech firm Igloo announced that it has raised an additional US$27 million in its Series B extension, bringing its total

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MAS Says Singapore Banks’ Exposures to Cryptoassets Are Insignificant

Singapore’s Senior Minister and Minister in charge of the Monetary Authority of Singapore (MAS) Tharman Shanmugaratnam said that banks in

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Temasek Expands Global Footprint With 13th Office in Paris

Singapore-based investment company Temasek announced that it will open its third European office in Paris, which will be operational in

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While Retail Crypto Is Bearish, Institutional DeFi Picks Up Steam

Institutional decentralized finance (DeFi), a trend that refers to the combination of DeFi software protocols with appropriate safeguards to ensure

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UK and Singapore to Cooperate on Sustainable Finance, Fintech Innovation

The United Kingdom (UK) and Singapore have signed a Memorandum of Understanding to establish the UK-Singapore Fintech Bridge on Friday.

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FinAccel Makes Senior Exec Appointments Ahead of New Digibank Launch

FinAccel, the parent company of Indonesian Buy Now, Pay Later (BNPL) platform Kredivo, announced a flurry of senior appointments to

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AWS Powered Trust Bank to Onboard More Than 300,000 Users in Two Months

Amazon Web Services (AWS) Singapore, an Amazon.com company, has been powering Singapore’s built-in-the cloud digitally-native bank Trust to onboard more

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Singapore Fintech Association Appoints Experian to Operate Its BNPL Bureau

Consumer financial data service provider Experian has been appointed as the bureau operator for Singapore’s Buy Now, Pay Later (BNPL)

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Applications Are Now Open for the Singapore Blockchain Innovation Challenge 2022

The Singapore Blockchain Innovation Programme (SBIP) has announced the launch of the Singapore Blockchain Innovation Challenge 2022 hackathon. SBIP is

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Indonesian VC East Ventures Launches Accelerator Programme for Laid-off Tech Talent

East Ventures, an Indonesia-focused venture capital firm, has launched its fourth edition of the PASTI BISA programme to aid those

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DBS Completes Intraday Repo Transaction on J.P. Morgan’s Blockchain-Based Network

DBS announced that it had become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s

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Vietnam’s VC Market Matures as Investments Reach Record Highs

2021 was a record year for venture capital (VC) investments in Vietnam, driven by a maturing technology startup ecosystem, an

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Here Are All The Licensed Crypto Services Providers in Singapore

On January 14, 2019, the Singapore Parliament passed its comprehensive Payment Services Act (PS Act), replacing the former Payment Systems

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UOB EVOL Cardholders Can Now Offset 100% Of Their Electricity Carbon Footprint

UOB EVOL cardholders will now be able to offset 100 percent or more of their household electricity carbon footprint for

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Singapore Dominates Nearly Half of All Fintech Funding in ASEAN

Results from the UOB study were shared in the latest Fintech in ASEAN report, an annual report by UOB, PwC

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Trust Bank Partners With Perx Technologies to Offer Over 120,000 Digital Coupons

Singapore’s digital bank Trust announced that it has formed a partnership with Perx Technologies, a SaaS lifestyle marketing platform provider

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NETS Rolls Out Prepaid Card With Daily Spending Limits of up to S$1000

Network for Electronic Transfers (NETS) has announced the launch of the NETS Prepaid Card, its first ‘smart’ stored-value card for

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MAS Explains Why Binance Was Pinned on Investor Alert List but Not FTX

The Monetary Authority of Singapore (MAS) did not place the now-collapsed crypto exchange FTX on its Investor Alert List as

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VC Plus Gets In-Principle Approval to Provide Custodial Services for Digital Assets

Investment firm VC Plus announced that its subsidiary Custody Plus has received in-principle approval for a Capital Markets Services (CMS)

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Singlife with Aviva Appoints Dr. Allen Kuo as Its Group Deputy Chief Investment Office

Financial services company Singlife with Aviva announced that it has appointed Dr. Allen Kuo as its Group Deputy Chief Investment

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HSBC Singapore Appoints New Head of Wealth and Personal Banking

HSBC announced the appointment of Ashmita Acharya as Head of Wealth and Personal Banking (WPB) in Singapore, with effect 18

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ADDX Sells Stake in Taiwan’s Web 3.0 Infrastructure Platform CYBAVO to Circle

Global private market exchange ADDX has sold its stake in Taiwanese Web 3.0 infrastructure platform CYBAVO to Circle, a global

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Thailand and Vietnam Officially Launches QR Payment Linkage

The State Bank of Vietnam (SBV) and the Bank of Thailand (BOT) announced that they have officially launched their joint

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Indonesia’s Open Finance Scene Heats Up as Consumer Interest Heightens

In Indonesia, consumers are showing high levels of awareness and interest in open finance and embedded fintech, with most people

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Agile Banking Transformation: A New Era in Banking

The world of financial services is in a state of constant change, with many traditional banks across the Asia Pacific,

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OCBC Appoints Veteran Banker Noel Gerald DCruz as Group Chief Risk Officer

OCBC Bank announced the appointment of veteran banker Noel Gerald DCruz as Group Chief Risk Officer from 1 January 2023,

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Temasek Latest to Write Down US$275 Million Investment to Zero in FTX

Singapore’s state-owned investor Temasek announced that it has decided to write down its full investment in collapsed cryptocurrency exchange FTX,

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The FTX Collapse: Sam Bankman-Fried’s Dramatic Fall From Grace

In a dramatic turn of events, FTX filed for bankruptcy protection in the United States, with CEO and founder Sam

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Google Wallet Lands in Vietnam, Thailand and Malaysia

Google Wallet has now been extended to three additional Southeast Asian countries – Vietnam, Thailand and Malaysia – making it

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43 New Challenger Banks Have Entered the Market This Year

Over the past year, 43 new digital challenger banks have been launched around the world, bringing the total number of

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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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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

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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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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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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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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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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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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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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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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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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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