Posts From Fintech News Singapore
How to Find the Top Accounting Software in Singapore
You may be looking for the top accounting software in Singapore because you want to start your own business. Or, you may have an existing business and are looking for a change. In any case, this article is here to
Read MoreHow Data-Centric Storage Solutions Revolutionize the Financial Services Industry
The rise in Industry 4.0 technologies such as Internet of Things, Artificial Intelligence, and Machine Learning is driving the global data explosion post-pandemic. Gartner projects that by 2025, around 75% of enterprise-generated data will be created and processed outside a
Read MoreFunding Societies Lands US$50 Million Credit Facility From HSBC
Funding Societies, a Southeast Asian Small and Medium Enterprises (SME) digital financing platform, announced that it has received a US$50 million credit facility from HSBC Singapore. Through this new facility, Funding Societies will be able to channel the funds via
Read MoreInvestHK and HKMA Launches CBDC-Focused Vertical at the Global Fast Track 2022
Invest Hong Kong (InvestHK) and the Hong Kong Monetary Authority (HKMA) jointly announced the addition of the Central Bank Digital Currency (CBDC) track to the Global Fast Track 2022, giving local and global firms valuable opportunities to partner with the
Read MoreBHEX.SG Licensed by MAS to Offer Crypto Services in Singapore
Bhop Consulting Pte Ltd trading as Singapore-based crypto exchange BHEX.SG, announced that it has received the Standard Payment Institution license from the Monetary Authority of Singapore (MAS). The granting of the Standard Payment Institution license will enable BHEX.SG to offer
Read MoreFOMO Pay Raises US$13 Million in Series A Round Led by Jump Crypto
Singapore-based major payments institution licensee FOMO Pay announced that it has secured a US$ 13 million investment for its Series A funding round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic
Read MoreCrypto.com Names Chin Tah Ang as General Manager for Singapore
Crypto.com announced that it has appointed Chin Tah Ang as its General Manager of Singapore. Ang brings a wealth of strategic business development experience in the technology sector and a deep understanding of the Singapore market landscape. Most recently, Ang
Read MoreHodlnaut Files for Judicial Management to Avoid Forced Asset Liquidation
Cryptocurrency platform Hodlnaut has filed an application with the Singapore High Court to be placed under judicial management on 13 August 2022 to avoid forced liquidation of its assets. The firm called it a “suboptimal solution” that will require it
Read MoreLifeSG App Had Close to a Million Transactions Valued at S$41 Million Since Nov 2021
Close to 900,000 transactions, totaling over S$41 million, have been made through GovWallet on the LifeSG mobile application since the launch of the jointly developed digital payment service in November 2021 as Singapore aims to go cheque-free by 2025. LifeSG
Read MoreNium Names Ramana Satyavarapu as Its Chief Technology Officer
Global payments platform Nium announced the recent appointment of Ramana Satyavarapu as Chief Technology Officer (CTO) and he will be responsible to drive the firm’s global engineering, strategy and technology vision. Satyavarapu will manage the company’s core technology strategy and
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