Posts From Fintech News Singapore
Smart Space Usage and How Can Small Companies Expand in a Tight Environment
If your small business premises is struggling under the weight of boxes of products, walls of filing cabinets, over-crowded desks, and all of your staff squeezed into a small office space, here are some space-saving ideas you should consider. Firstly,
Read More
Where Is Cardano Going in 2022? Five Things You Should Know
After a few good performances, the question now is whether or not Cardano (ADA) can live up to expectations and reach US$100 before the end of 2022? Nevertheless, despite the fact that the digital token is now being exchanged for
Read More
Funding Societies Rolls Out Virtual Card Elevate for MSMEs in Singapore
Southeast Asian SME digital financing platform Funding Societies announced that it has launched Elevate, a virtual card for micro, small and medium enterprises (MSMEs) in Singapore. Elevate, a free-to-apply credit line that comes with an opt-in virtual card, is enabled
Read More
Siam Commercial Bank’s VC Arm Grabs 2nd Spot in Global Fintech Investor Ranking
SCB 10X, the venture arm of Siam Commercial Bank (SCB), was ranked second in Global Corporate Venture Capital (CVC) investing in fintech startups and eighth among global CVCs in a report published by CB Insights, a global analytics platform for
Read More
Hydra X Graduates MAS’ Sandbox, Secures Capital Markets Services License
Singaporean fintech Hydra X announced that it has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). The CMS license will allow Hydra X to deal in and provide custodial services for capital market
Read More
Bank Rakyat Indonesia Partners Modal Rakyat to Bolster P2P Lending
Bank Rakyat Indonesia (BRI) has formed a partnership with Modal Rakyat, a fintech startup company that has grown incredibly fast in terms of funding value as well as numbers of lenders and debtors. As a state-owned bank that is focused
Read More
APAC’s Traditional Banks Are Shifting to a Cloud-First Strategy to Combat Digital Banks
Growing competition from new cloud native technology players, and rising demand from customers for digital-first, intelligent services are forcing banks in Asia-Pacific (APAC) to migrate to cloud-based infrastructure and become data-driven, an extensive report by the Asian Banker says. The
Read More
Volopay Raises US$29 Million Series A to Push APAC and MENA Expansion Plans
Volopay, a Y Combinator-backed corporate cards and payable management startup, has raised US$29 million in its Series A round through a mix of equity and debt. The investment round included participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, Accial
Read More
DBS Rolls Out BNPL Payments for Credit Card Users With Mastercard and Pine Labs
Mastercard, DBS Bank and Pine Labs have partnered to launch ‘Mastercard Installments with Pine Labs”, enabling DBS/POSB credit cardholders to access Buy Now, Pay Later (BNPL) offers at checkout across a variety of merchants. DBS is the first regional issuer
Read More
Here Are 9 Key Pains Points Up-And-Coming Fintechs Should Look Out For
In a fintech startup’s race to scale up, they will face challenges across many fronts, including improving product profitability, recruiting and retaining talent, managing risks as well as complying with regulations. In this article, Oracle NetSuite addresses the 9 key
Read More