Posts From Fintechnews Singapore

Fintech Apps See a Surge in Downloads Amidst the Pandemic

Mobile app usage habits and trends have seen a drastic uptick amid COVID-19 and lockdown measures. In Asia-Pacific (APAC), fintech mobile app installs grew 36% in 2019-2020 and 18% in 2020-H1 2021, the second highest growth rates for the period

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Which Information Should You Include In Your Pay Stub? Find Out Here

Are you a new employer and trying to get around with terms like Pay Stub? Or maybe you want to double-check with the definition and confirm what information goes in a pay stub. Whatever the case may be, you have

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Thunes Makes Key Hires to Drive Global Expansion Plans

Singaporean cross-border payments firm Thunes has appointed Irina Chuchkina as Chief Marketing Officer and Babul Balakrishnan as Head of Customer Care to support its global growth strategy. These appointments follow the announcement of Thunes’ acquisition of Limonetik, a European Payment

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Singapore Government Sets up S$1.5 Billion Fund to Spur IPO Growth

The Singapore government has announced a package of initiatives to support high-growth enterprises to raise capital in the country’s public equity market and broaden its proposition as a financing hub. The government and Temasek will establish a new co-investment fund

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DBS Set to Hire Tech Talent to Bolster AI, Blockchain Capabilities Through Hack2Hire

DBS plans to hire around 150 of Singapore’s top technology talent through its Hack2Hire hackathon to bolster its AI and blockchain capabilities. Following a year-long hiatus due to Covid-19, DBS Hack2Hire will enable candidates to meet like-minded technologists and participate

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NTUC Income Launches Micro Investment-Linked Plan On SNACK App

NTUC Income, an insurance cooperative in Singapore, announced that it has launched a micro investment-linked plan (ILP) on the SNACK by Income mobile app. Touted to be an industry-first, SNACK Investment adopts a stackable approach that allows consumers to build

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MAS, SEC Thailand Boosts Cross-Border Investment With Stock Markets’ Linkage

The Monetary Authority of Singapore (MAS) has joined forces with the Securities and Exchange Commission of Thailand to enhance connectivity between the two markets for increased cross-border investment opportunities for investors. The regulators announced the launch of the Thailand-Singapore Depositary

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Singapore’s PayNow to Link Up With India’s UPI for Real-Time Payments by 2022

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make instant, low

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Empowering SMEs to Take the Friction Out of Card Payments With Suppliers

Cash is king. Every business owner knows these three words by heart, and for good reason. Cash is the lifeblood of every business: more cash means better access to working capital, which means more flexibility in business operations, and a

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Swiss Wealthtech vestr Partners Julius Baer to Drive Singapore Expansion Plans

vestr, a Swiss platform that digitises the life-cycle management of actively managed investment products, has expanded to Singapore following a partnership with Julius Baer though F10’s fintech incubator programme. vestr Pte Ltd, the Singapore branch of vestr, was awarded the

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