Posts From Fintech News Singapore
BNPL Predicted to Be Singapore’s Fastest Growing Online Payment Method by 2025
In Singapore, alternative payment methods including buy now, pay later (BNPL) arrangements and digital wallets, are surging in popularity. By 2025, fintech software provider FIS projects that these payment methods will make up half of online payments, with BNPL forecasted
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2C2P to Integrate hoolah’s BNPL Offering for Merchants
Payments firm 2C2P announced its regional partnership with hoolah, a Singaporean Buy Now Pay Later (BNPL) provider. The partnership enables 2C2P to offer hoolah’s service to merchants in Singapore, Malaysia and Hong Kong, and extend to new markets through 2022.
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Climate Impact X Launches Global Carbon Marketplace for Meaningful Climate Action
Climate Impact X (CIX), a global carbon exchange and marketplace, has announced the launch of its Project Marketplace, a digital platform for businesses and carbon project suppliers to list, discover, compare, buy and retire quality carbon credits. It aims to
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Payday Loans 101: Everything You Need to Know
If you’re considering payday loans as an option to get through to your next payday, it’s important to understand all the facts first. Here is an overview of what payday loans are, how they work, and some things you should
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Digital Treasures Center Gets In-Principle Approval for Digital Payment Token Services
The Monetary Authority of Singapore (MAS) has granted in-principle approval to Digital Treasures Center (DTC), a payment company based on distributed ledger technology. With a license under the Payment Services Act to offer Digital Payment Token services, DTC will be
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Are Banks Ready to Say Goodbye to Passwords?
Passwords have been around for decades, having first been introduced back in the 1960s as a concept of authentication to cybersecurity. Since then, technology has evolved, consumer behavior has changed, and the cyber threat landscape has morphed into a complex
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Web3 Startup Treehouse Raises US$18 Million in Seed Funding
Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralised finance (DeFi) investors make informed financial decisions, announced an US$18 million seed round raise. An undisclosed investor led the round with participation from strategic investors, including Lightspeed
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Funding Societies Announces US$16 Million Employee Stock Option Plan Buyback
Southeast Asian SME digital financing platform Funding Societies has announced its Employee Stock Option Plan (ESOP) buyback for existing and former employees worth US$16 million (RM67 million). This is Funding Societies’ fourth ESOP buyback where the previous one saw its
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Hodlnaut Gets MAS’ In-Principle Approval for Digital Payment Tokens Services
Cryptocurrency platform Hodlnaut announced that it has received in-principle approvals from the Monetary Authority of Singapore (MAS) to be a Major Payment Institution License under the Payment Services Act. Hodlnaut currently offers two digital payment tokens (DPT) services, namely its
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STACS Launches Its Full Suite of ESG Solutions in Sustainable Finance Push
STACS (Hashstacs), a blockchain-based fintech firm focused on Environmental, Social, and Governance (ESG), has announced the launch of its full suite of ESG solutions. The full suite of ESG solutions – ESGpedia, Vetta smart contract platform, and ESG Playbooks –
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