Posts From Fintech News Singapore
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 draw critical insights from their data in an effective and timely manner. This is one of the findings drawn from
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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 average of 68 new ventures being launched each year since 2017, data from consulting firm Simon-Kucher show. But despite the
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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) via its third-party institutional custody service, Cactus Custody™. This latest NFT asset management offering provides institutions the ability to safely
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10 Fintech Podcasts to Listing to in 2022
Over the past decade, podcasts have evolved exponentially, attracting a growing population of professionals to explore new ideas, gain insights and learn directly from industry experts. In the fintech world, podcasts have exploded in number and it can sometimes be
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Digital Assets Wealth Management: A US$54B Opportunity for Asia’s Wealth Managers
In Asia, adoption of digital assets as an investment is growing at a staggering pace, emerging this year as the fifth largest asset class in the region. But despite soaring demand from investors, the majority of wealth management firms are
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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 work thrives on the circulation of innovation and ideas said Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for
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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) for a major payment institution (MPI) license to provide Digital Payment Token (DPT) services. The company said that it is
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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, bringing its total funds raised to over US$230 million. ShopBack’s existing investor January Capital had also participated in the funding
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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 participate in the country’s official offshore investment scheme. Both entities signed a memorandum of understanding (MOU) to work together on
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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 has appointed Werner Knoblich as Chief Revenue Officer (CRO), Fernando Zandona as Chief Technology Officer (CTO), Tripp Faix as Chief
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