Posts From Fintech News Singapore
SGX to Invest in Sequioa Backed Wealthtech SmartKarma
Smartkarma, the global investment research network, today announced it has received a strategic investment from Singapore Exchange (SGX). The company was also highlighted in our list of Asia’s Top 19 Wealthtech Solutions in 2019. The investment marks the next step
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Prime Minister Lee Hsien Loong: Not All Problems Need a Blockchain Solution
Prime Minister Lee Hsien advised sober assessment of blockchain technology in a Facebook post shared earlier. Ironically on his Facebook post he was also commenting on the Facebook’s controversial cryptocurrency project, Libra. Describing Facebook’s Libra, he said it has “a
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Grab’s New Investor Could Be The Missing Piece To Help it Reach Underbanked Asian Markets
Experian, a globally-known information services company, has invested into Grab and is now another notch into the ride-hailing platform’s quest to US$6.5 billion in an ongoing Series H by the end of 2019. Experian’s investment value has not been disclosed.
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Red Dot Payment Acquired By Dutch Company and Now Valued at US$65 Mil
Fintech and payments organisation PayU just acquired majority stake in Red Dot Payment (RDP), a Southeast Asia focused online payment solutions provider. Now, the Netherlands-based PayU will utilise the purchase to expand into Southeast Asia in a bid to participate in
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Meniga Opens Singapore Office After Helping UOB Build Their Digital Bank
Digital banking solution provider Meniga announced the opening of their newest location in Singapore. Including this newest location the company now has seven locations worldwide, including Reykjavik, Stockholm, Helsinki, Warsaw, Barcelona, and London, where it is headquartered. According to the
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7 Recent Stories That Proves Singapore is a Leader in Fintech and Innovation
In Southeast Asia, Singapore has established itself as a fintech hub leading the way when it comes to investment and regulations. A combination of favorable rulings, supportive initiatives from both the private and public sector, an already dynamic startup ecosystem,
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SGD 16.8 Million Raised for Blockchain Solutions Through Singapore’s Government Backed Blockchain Accelerator
Today, Tribe Accelerator, Singapore’s first government supported blockchain accelerator, held its first ever Demo Day at Facebook’s Asia-Pacific Headquarters in Singapore. The Demo Day is part of a global demo tour that will showcase the market-ready solutions developed by Tribe’s
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soCash Enables ICBC Customers to Withdraw Money in Neighbourhood Stalls
soCash, the Singapore-headquartered start-up which converts shops into virtual ATMs announced that it has tied-up a partnership with ICBC Singapore. Through this new partnership, soCash will extend its services to all ICBC customers in Singapore and enable them to perform
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7 Wealthtech Solutions from Europe That Singaporean Banks Should Know
The wealth management sector is facing tremendous changes fueled by technology and changing customer expectations. Wealthtech, which stands for wealth and technology, has become one of the hottest sub segments of fintech with companies in the space raising over US$12.2
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NETS Enables Over 500 Singaporean Hawkers to Accept Cashless Payments
22 coffee shops, 10 hawker centers and 12 industrial canteens have adopted a unified digital payment solution provided by NETS, Enterprise Singapore said on June 29. The solution combines in one point-of-sales terminal and a single SGQR label a total
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