Posts From Fintechnews Singapore

Singtel Dash, Etiqa Offer Free Insurance Coverage With Dash PET

Dash PET by Etiqa Insurance, an insurance savings plan created in partnership with Singtel Dash and Etiqa Insurance, has been helping users save better by providing access to high-returns savings in a low-interest environment since February 2021. From 9 September,

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Bhutan Set to Pilot Carbon-Neutral CBDCs With Ripple in Financial Inclusion Push

The Royal Monetary Authority (RMA), Bhutan’s central bank, announced that it will pilot a central bank digital currency (CBDC) in phases with Ripple’s CBDC solution. Building atop the country’s payments infrastructure and capabilities, this new initiative will tap Ripple’s CBDC

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Vietnam’s Digibank ÜBank Leverages Backbase to Roll out 50 New Features in a Month

Übank, Vietnamese digital bank powered by VPBank, has partnered with digital banking software provider Backbase to leverage its cloud solution to enhance the bank’s mobile banking experiences and offerings. The digital bank reportedly managed to release of nearly 50 new

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Google Pay Ties up With Fave to Offer Singaporean Users Loyalty Cashback

Fave, a fintech platform providing QR payments to restaurants and retailers, has announced a partnership with Google Pay to offer cashback to its Singaporean users. Merchants will now be able to connect with Google Pay users via the FavePay SGQR

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YouTrip Sets up Innovation Lab to Expand Team Ahead of Brand Revamp

Singapore’s multi-currency travel wallet YouTrip announced that it will be establishing an innovation lab in the country to fast-track its technology capabilities and product development. YouTrip’s expanded workforce in the innovation lab will be crucial in driving the development of

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Y Combinator-Backed Spenmo Closes US$34 Million Series A Fundraise

Singaporean payments firm Spenmo has raised US$34 million in an oversubscribed Series A investment round. It is touted to be the largest Series A round closed for a Y Combinator-backed company in Southeast Asia. The round was led by New

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Digital Asset Manager TradeTogether Offers Robo-Advisory for Accredited Investors

Singapore-based digital asset management startup TradeTogether is on track to launch a series of pocket fund strategies for accredited investors to invest in the cryptocurrency space. Its robo-advisory solution helps clients pre-select their portfolios through an application. At the same

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EDBI Joins bolttech’s Series A Extension Totaling to US$210 Million

Singaporean insurtech unicorn bolttech has extended its recently-announced US$180 million series A funding round, bringing the series total to US$210 million. The previous round which was led by Activant Capital Group now adds two new strategic investors, Singapore-based global investor EDBI

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LSEG Labs Powers Key Projects With Machine Learning for Deeper Insights

The London Stock Exchange Group (LSEG) is ramping up innovation efforts, tapping into technologies including artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and APIs to provide finance professionals with more accurate market intelligence, deeper insights and facilitate

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Fintech Funding in APAC Has Doubled This Year to over US$ 5 Billion

In H1 2021, fintech funding in Asia-Pacific surged to US$5.56 billion, more than double the same period last year. The figure puts the year 2021 well on track to surpass pre-COVID-19 levels during which fintechs in APAC raised a total

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