Posts From Fintech News Singapore
Former UOB Exec Pauline Sim Joins Sleek’s Management Team
Pauline Sim, former United Overseas Bank’s (UOB) Senior Vice President, has joined Singaporean fintech startup Sleek as its new Head of Fintech and Strategic Partnerships. In her new role, Sim will oversee the development of financial services and digital solutions
Read More
DBS Enables SMEs to Open Accounts Using Facial Biometrics
DBS is using facial biometrics for online corporate account opening for SMEs to speed up information authentication and verification. This new feature runs on the Government Technology Agency of Singapore’s (GovTech) SingPass Face Verification technology, and DBS claims to be
Read More
TransferWise Rebrands to Wise Ahead of Singapore Office Expansion
London-based fintech unicorn TransferWise announced its rebranding to Wise and the strengthening of its Asia Pacific presence with the expansion of its office in Singapore. Originally launched in 2011 as a money transfer service for people, the company has expanded
Read More
LexisNexis and Accuity Inks Deal for a Merger
Accuity and LexisNexis Risk Solutions have announced that they will be merging operations where the former will be a part of the LexisNexis Risk Solutions Group which operates in more than 100 countries. Both businesses are a part of RELX,
Read More
Funding Societies Crosses the S$2 Billion Mark in SME Loan Disbursals
Funding Societies, a Southeast Asian SME digital financing platform, announced that it has made S$2 billion in disbursals of business financing to small and medium sized enterprises (SME) across the region as it enters its sixth year of operations. Funding
Read More
BioCatch Secures Patent for Authenticating Users of Mobile Devices, Expands in APAC
BioCatch, a digital identity company announced that it has received a registered U.S. patent for its method of verifying a user’s identity and detecting fraud, based on the manner in which the user holds and uses their mobile device. This
Read More
Blockchain Firm Lightnet Expands Payout Services Across SE Asia With MoneyGram
Blockchain firm Lightnet has announced its collaboration with MoneyGram, a provider of cross-border P2P payments and money transfers. The integration and implementation of Lightnet’s technology with MoneyGram‘s money transfer services provides customers with a wide selection of payout services across
Read More
Revolut Singapore Launches Financial App for Children
Revolut has introduced a financial app designed for kids which is controlled by a parent or a legal guardian and is now available to its customers in Singapore. Revolut customers can set up a Junior account for free. Revolut Junior
Read More
2021 Lunar New Year: Virtual Red Envelopes, E-Hongbaos in the Spotlight
The 2021 Lunar New Year is just around the corner and authorities are encouraging people to turn to virtual red packets and digital transactions, instead of physical bills and envelops, an alternative that’s more environmentally friendly and which is of
Read More
Siam Commercial Bank’s Venture Arm Launches $50 Million Fund for Blockchain Startups
SCB 10X, a subsidiary of Siam Commercial Bank, has set up a new $50 million venture capital fund will invest in both early and growth stage startups globally that are dedicated to blockchain, decentralised finance (DeFi), and digital assets. This
Read More