Posts From Fintech News Singapore
Indonesian P2P Lending Firm PinjamWinWin Secures Funding from SOSV MOX
PinjamWinWin, a Peer-to-Peer (P2P) lending fintech company, today announces that it has raised funding from SOSV. The P2P lending firms claims to have successfully disbursed over US$9 million in loans, PinjamWinWin aims to continue providing the 185 million unbanked Indonesians
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Crypto Deals on The Rise in Asia Pacific
Year 2019 has witnessed a major shift in crypto-related fundraising and merger and acquisition (M&A) activity. While in 2018, the majority of crypto deals took place in the Americas, this year, Europe, the Middle East and Africa (EMEA) and Asia
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Sopnendu, Singapore’s Chief Fintech Officer Appointed as a Fintech Advisor to an Indian State
The Monetary Authority of Singapore’s Chief Fintech Officer Sopnendu Mohanty was appointed a digital and fintech advisor to India’s Odisha state, a recent report by Times of India confirms. In his role as an advisor, Odisha-born Sopnendu will enjoy the
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Tradeteq’s Credit Scoring System Goes Live on Singapore’s National Trade Platform
Tradeteq, the technology provider for the global trade finance market, has launched its machine-learning driven credit scoring system for institutions using Singapore’s National Trade Platform (NTP). The NTP is a digitalised national trade information management platform backed by the Singaporean
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Singapore’s Hong Leong Finance is The Latest to Seek Digital Banking License
Hong Leong Finance Ltd is the latest entity seeking to apply for Singapore’s digital banking license, according to Bloomberg. Hong Leong who still uses fax machines as part of its application process said that they see this as an “opportunity
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Indonesian Micro Saving Fintech Receives Over US$3M in Funding Led by Go-Ventures
Pluang, a fintech startup providing digital micro-savings for Indonesians (formerly known as EmasDigi), officially announced today its US$3 million Series A funding led by Go-Ventures. Prior to the investment, Pluang primarly focused on a gold savings product. With this fresh
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Mastercard and R3 Partner to Develop Blockchain-Powered Cross-Border Payments Solution
Mastercard and R3, an enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a
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DBS Launches Multi-Tier Financing Facility Blockchain Platform in China
DBS Bank today announced its first multi-tier financing facility on a logistics blockchain platform named Rong-E Lian, to help small and medium-sized enterprises (SMEs) in China get faster access to trade financing. Developed in partnership with a leading Chinese logistics
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Razer Fintech Appoints Ex-GIC President to its Board of Advisors
Razer Fintech, the financial technology arm of Razer Inc has appointed Lim Siong Guan as an Advisory Board member. Recognised globally as a thought leader in the global financial services industry, Lim’s vast experience and extensive network will add tremendous
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Refinitiv’s Eikon Auctions Facilitated US$ 1 Trillion in Transactions for Central Banks
Refinitiv recently reached a key milestone for its Eikon Auctions service, having helped facilitate over $1trillion for its central bank and large corporate customers. Central Bank auctions in developed, emerging and frontier markets are critical for managing currency flows, primary
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