Posts From Fintech News Singapore
GIC Leads Chainalysis’ US$170 Million Series F, Doubling Its Valuation to US$8.6 Billion
Chainalysis, a New York-based blockchain data platform, announced a US$170 million Series F financing led by Singapore’s sovereign wealth fund GIC, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company,
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Endowus Strengthens Its Investment Office With 2 Key Appointments
Singaporean digital wealth platform Endowus has made two strategic hires with the appointment of Sean Wong as its Head of Investments, and Min Axthelm as its Director of Research. Both Sean’s and Min’s extensive experience is critical in further enhancing
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YouTrip Rolls Out New Corporate Card With Credit Facility for SMEs
Singapore’s neobank YouTrip announced that it has launched its new corporate card “YouBiz” that is powered by Mastercard for SMEs. YouBiz enables SMEs to generate physical and unlimited virtual cards for payments in over 150 currencies at more than 80
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Insurtech Firm CoverGo Secures US$15 Million in Series A Fundraise
Insurtech firm CoverGo announced it has secured US$15 million in a Series A funding round. The fundraise was led by California-based SemperVirens VC with participation from US venture capital firms SixThirty, Tribeca Early Stage Partners and Fresco Capital. Strategic investors
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F10 Sets up Fintech Bootcamp to Help Australian Fintechs Break Into Asia
The Australian Trade and Investment Commission has partnered with fintech startup accelerator F10 Global to co-deliver an Asia Fintech Bootcamp. The bootcamp aims to connect Australian fintechs with Asian markets through a three-week market validation programme. F10 Singapore will run
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Thai Insurtech Sunday Appoints JP Morgan Exec Ryuji Wolf as New CFO
Thailand-based insurtech startup Sunday announced that it has appointed Ryuji Wolf as its Chief Financial Officer and a member of its executive leadership team. Ryuji joins from J.P. Morgan, where he served as Executive Director and led Consumer Internet &
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Funding Societies Officially Launches in Vietnam, Marking Its 5th Market Expansion
Southeast Asian SME digital financing platform Funding Societies has officially launched in Vietnam today, marking its fifth market expansion. Since its soft launch in Vietnam in December 2021, Funding Societies has already achieved over US$20 million in disbursements, and it
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The InsureTech Connect Asia 2022 Is Back for Its 3-Day Physical Event
InsureTech Connect Asia (ITC Asia) will be hosting the first 3-day in-person event since the pandemic from 7 – 9 June 2022 at Suntec Convention & Exhibition Centre, Singapore. The insurtech event has offered unparalleled access to the largest and
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India’s Insurtech Scene Sees Record Breaking Year for Funding
2021 was a record-breaking year for India’s insurtech industry which saw equity funding volume more than double and two startup reaching unicorn status. Moving forward, the industry is set to grow even more, on the back of supportive initiatives and
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Security Becomes Top Concern for FSI Leaders as Cyber Attacks Become More Sophisticated
In the finance sector, security has become a top-of-mind issue for business leaders as the number of cyberattacks skyrockets and campaigns become more sophisticated. This is according to findings from a new survey conducted by cloud computing firm VMware. The
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