Posts From Fintech News Singapore
India’s RazorPay Sees 611% Growth In BNPL Business Last Year
Razorpay, one of India’s leading payment getaways, has released the 10th edition of its (COVID) Era of Rising Fintech, outlining the growth it witnessed during the past year. Among the most staggering figures shared in the report, the company said
Read More
Here’s How India Will Start Regulating Crypto Related Ads Starting April
The Advertising Standards Council of India (ASCI) has released guidelines for the promotion of cryptocurrency and virtual assets related services, prohibiting advertisers to use certain words that may lure consumers into thinking that these services are regulated, and requiring them
Read More
PayNet Appoints Farhan Ahmad as Its Group Chief Executive Officer
Payments Network Malaysia (PayNet), the national payments network and shared central infrastructure for Malaysia’s financial markets, has named Farhan Ahmad as its new Group Chief Executive Officer effective 12 April 2022, succeeding Peter Schiesser. Farhan was the Founder and Chief
Read More
Walking the Tightrope Between Legal Compliance and User Experience in the Financial Sector
The digital revolution has upended the business practices of countless companies operating in almost every industry imaginable – but perhaps none have been quite as affected as the financial sector. With data security and cyber crime such high priorities for
Read More
Thunes Sets up Miami Hub to Deepen Presence in Latin America
Global cross-border payments firm Thunes is speeding up its global expansion by setting up a regional hub in Miami to expand into new Latin American markets. Thunes has established regional payout partnerships that are available in 16 Latin American countries,
Read More
Singaporeans Can Now Withdraw Government Payouts From OCBC ATMs With GovCash
The Central Provident Fund Board (CPF) has collaborated with OCBC and GovTech to launch the GovCash which replaces cheque issuance for Singaporeans who are unable to use direct bank crediting. This will allow them to receive government payouts more quickly
Read More
Temasek Led Crypto Platform Amber Group’s US$200 Million Series B+ Fundraise
Amber Group, a global digital asset platform, announced that it has secured US$200 million in a Series B+ round led by investment company Temasek, valuing the company at US$3 billion. This is a significant follow-up to Amber Group’s US$100 million
Read More
M-DAQ Inks Deal to Buy Wallex on the First Stop of Its Acquisition Spree
M-DAQ, a platform that prices and trades exchange-traded products in a multitude of currencies, has signed an agreement to acquire Wallex, a B2B cross-border payments provider with licenses in Hong Kong, Indonesia, and Singapore. In addition to the amount paid
Read More
India’s Fintechs Are Ramping up on Acquisitions and International Expansions
2021 was a blockbuster year for global fintech funding, exits and unicorn minting, a trend that was also observed in the Indian fintech landscape where players raised a new record of US$6.9 billion, new data released by the Digital Fifth,
Read More
Singapore Tightens Regulatory Grip on Crypto
Singapore has long been praised for being a forward-thinking, progressive jurisdiction that supports technology and innovation. This has enticed a horde of cryptocurrency and blockchain startups to set up shop in the nation, lured by its seemingly openness to the
Read More