Posts From Fintech News Singapore
Swiss SEBA Bank Strengthens APAC Presence With Appointment of New Asia CEO
SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced the appointment of Sam Lin as its Chief Executive Officer for Asia with immediate effect. This appointment is in line with SEBA Bank’s aim to strengthen
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Swiss Banking Solution Provider Avaloq Makes Key Appointments for Its APAC Push
Swiss core banking solution provider Avaloq has announced a combination of senior promotions from within its Asia-Pacific business, to reflect the region’s growing prominence in its growth strategy. Gery Dachlan has been appointed as Managing Director for South Asia and
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Validus Exceeds S$1 Billion in SME Lending, Plans to Double That in 2022
Validus, a peer-to-peer (P2P) lending platform for small and medium-sized enterprises (SMEs), announced that it had exceeded S$1 billion in disbursals across the region. The firm said that this development comes as it enters its sixth year of operations. In
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SWIFT Go Is Now Live With 7 Global Banks for Low Cost Cross-Border Payments
SWIFT announces the launch of SWIFT Go, a new service that enables small businesses and consumers to send fast, low-cost cross-border payments anywhere in the world, direct from their bank accounts. Seven leading global banks are now using SWIFT Go
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BIS, MAS Plots Blueprint for a Global Real-Time Retail Payments Network
The Bank for International Settlements Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) published a proposed blueprint to enhance the global payments network connectivity via multilateral linkages of countries’ national retail payment systems. Titled Project Nexus, this
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Crypto Firm Fireblocks Bags US$310M From Sequoia, Siam Commercial Bank’s VC Arm
New York-based digital asset custodian Fireblocks announced that it has raised US$310 million in a Series D funding round, boosting the company’s valuation to US$2 billion. The round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and
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Fast-Growing Aussie Insurtechs Choose Singapore as Gateway to Southeast Asia
Singapore’s burgeoning fintech landscape, reliable physical infrastructure and progressive regulations are attracting Australia’s fast-growing high-potential, insurtech startups looking to take on Southeast Asia. Citing the city-state’s strategic location, high digital adoption, vibrant ecosystem of industry stakeholders eager to embrace cutting-edge
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Backbase Appoints Regional Vice President To Lead Asia Pacific Expansion
Amsterdam-headquartered digital banking software provider Backbase has recently appointed Iman Ghodosi as Regional Vice President for the Asia Pacific region. The new role is based in Sydney and will see Ghodosi drive the company’s international expansion, product development, and Asia
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Nium Joins the Unicorn Club With Its Latest US$200 Million Series D Fundraise
Singaporean B2B payments platform Nium is now a unicorn after having raised more than US$200 million in a Series D round led by Riverwood Capital. The firm has now raised nearly US$300 million to date. Temasek, Visa, Vertex Ventures, Atinum
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Newly-Minted Unicorn bolt Makes Two New Key Appointments for Its Next Growth Chapter
bolt, insurtech exchange for the property and casualty insurance industry that is a part of the bolttech group, has announced two key changes to its senior leadership team to accelerate its next chapter of growth. bolttech had recently achieved unicorn
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