Posts From Fintech News Singapore
All 5 Singapore Digital Banks Are Now Members of the Credit Bureau
The five digital banks licensed by the Monetary Authority of Singapore (MAS) are now members of the island state’s credit bureau. This brings the Credit Bureau Singapore’s (CBS) members to 36. The two full digital banks Grab and Singtel’s GXS
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Hugosave Will Now Be Able to Issue Its Numberless Visa Cards
Singapore-based wealth and savings app Hugosave has become a Visa Principal Member Issuing Licensee under its parent company Atlas Consolidated. Hugosave will now be able to issue Visa cards directly as well as sponsor associate licenses under Visa. The firm
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ShopBack Extends Series F With US$30 Million From Westpac
Shopping and rewards platform ShopBack has extended its Series F fundraise yet again with an investment of US$30 million (AU$44 million) from Australian multinational banking and financial services company Westpac. Shopback begun its Series F raise in June with US$80
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Singapore’s Appetite for Open Banking Is at an All-Time High, Finastra Survey Shows
Open banking is now universally and unequivocally regarded as a key part of a bank’s landscape, according to a global research by financial services software and cloud solutions provider Finastra. The ‘Financial Services: State of the Nation Survey 2022’ found
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ADDX Fractionalises UOB and Temasek’s Venture Debt Fund to US$20,000
Global private market exchange ADDX announced that it has fractionalised a venture debt fund by Innoven Capital which is a joint venture between a Temasek Holdings‘ subsidiary Seviora and UOB. This move brings down the minimum subscription size for individual
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Which Forex Currency Is Best for Beginners?
Forex trading has gained a lot of attention in the last couple of years. However, as more people try to find different ways to make money in forex trading, their inexperience in this field is becoming the reason behind losing
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Airwallex Appoints Kai Wu as Its First Singapore-Based C-Suite Exec
Payments company Airwallex announced that it has appointed Kai Wu as its Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai He will lead the new functions from Singapore, making this the company’s first C-suite executive in the
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Broadridge Taps Martin Koopman to Lead as Chief Product Officer
Broadridge Financial Solutions, a US-based technology solutions provider, has appointed Martin Koopman as Chief Product Officer effective 1 January 2023. In his new role, Martin will report directly to CEO Tim Gokey and lead the Product Management team working across
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Visa Appoints Adeline Kim as Country Manager for Singapore and Brunei
Payments giant Visa announced the appointment of Adeline Kim as its new Country Manager for Singapore and Brunei. Adeline will be taking over the role from Kunal Chatterjee who will take on another role at Visa to head up Innovation
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Singlife With Aviva Will Fully Migrate to AWS by End of 2023
Financial services company Singlife with Aviva announced that it will migrate its entire information technology (IT) infrastructure to the Amazon Web Services (AWS) by the end of 2023. Singlife aims to enhance its digital capabilities, enabling it to meet the
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