Posts From Fintech News Singapore
Nicolas Mas Joins Zenika as the New CTO for APAC
Software development company Zenika announced that Nicolas Mas has joined the executive team as Chief Technology Officer in Singapore to support its next phase of growth in the Asia Pacific region. Nicolas will be responsible for handling all technical aspects
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Mastercard, Grab to Provide Digital Upskilling for Millions of Informal Workers and SMEs
Mastercard and Southeast Asian superapp Grab announced a regional partnership to provide millions of informal workers and small businesses on the latter’s platform access to digital upskilling opportunities This push to advance digital and financial inclusion in the region aims
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Flex’s Advanced Spend Controls & Automated Accounting Help Save Time and Costs
Managing a business involves a whole host of administrative duties. For a small and medium enterprise (SME) owner with a small team, this means wearing multiple hats: marketing the business, managing manpower, paying for rent. Expenses are varied and there
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Global Processing Services Raises US$300 Million From Advent, Viking
Payment technology platform Global Processing Services (GPS) announced it has raised over US$300 million from Advent International and Viking Global Investors, who will co-control the company. The investment by Advent will be funded through Advent Tech and Sunley House Capital,
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Singaporean Insurtech Surer Raises US$1 Million in Seed Funding Round
Surer, a Singaporean cloud-based insurtech platform, announced that it has raised US$1 million during a seed funding round. The insurtech raised the funds from Norwegian private investment company Kistefos, global specialist insurer Markel Corporation through its insurtech investing arm, Markel Digital
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StanChart Makes Largest Fintech Investment of US$500 Million in Atome in BNPL Play
Standard Chartered plans to provide US$500 million in financing to Atome Financial, the parent company of Buy Now, Pay Later (BNPL) firm Atome, as part of 10-year multi-product strategic partnership. The bank said this financing is its largest strategic investment
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StanChart Rolls Out Fully Digital Portal to Accelerate Suppliers Enrolment
Standard Chartered has partnered with Demica, a London-based fintech specialising in working capital solutions, to transform access to the bank’s supplier finance programmes, allowing easier enrolment for thousands of suppliers through an online portal. The partnership will commence with the
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Next Gen Finance Professionals Need to Embrace Major Upskilling to Keep Pace
Refinitiv’s new report “Workspace Without Limits” explores the data challenges financial professionals are facing, and the role that technology, interoperability and programming skills play in solving for some of these challenges; enhancing productivity, and helping firms differentiate against the competition.
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Xfers’s Digital Assets Platform StraitsX Rebrands, Hits SGD 2 Billion in Transactions
StraitsX, a Southeast Asian digital assets platform developed by Xfers, announced that it has surpassed the SGD 2 billion mark in digital assets-related transactions on its payment platform in 2021 and will be rebranding its platform. The new StraitsX platform
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Bot Attacks Are on the Rise in APAC and They Are Targeting Online Shoppers
Asia-Pacific (APAC) continues to see higher attack rates in comparison to global figures, a trend that’s been sustained by the ongoing digital shift induced by COVID-19. According to LexisNexis Risk Solutions’ latest biannual Cybercrime Report, H1 2021 was marked by
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