Posts From Fintechnews Singapore

Ripple Doubles Down on NFTs, Tokenisation Projects With US$250 Million Fund

Ripple, a provider of enterprise blockchain and crypto solutions, announced a US$250 million fund to explore non-fungible token (NFT) and other tokenisation projects on the XRP Ledger. The XRP Ledger is a decentralised, public blockchain led by a global developer

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HSBC, Temasek Launches US$150 Million Debt Financing Platform for Sustainable Projects

HSBC and Temasek announced a partnership to establish a US$150 million debt financing platform dedicated to sustainable infrastructure projects with an initial focus on Southeast Asia, as part of efforts to reduce climate change. In a joint statement, both entities

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SBI, Sygnum, and Azimut Launches US$75 Million Digital Asset VC Fund

Japanese financial group SBI Holdings, Swiss-based digital asset bank Sygnum, and European asset manager Azimut Group have jointly launched a venture capital fund of up to US$75 million based in Singapore, which will invest in startups in the digital asset

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Fintech Connect Asia – The Region’s Ultimate Fintech and Payments Summit

Fintech and PayTech Connect is coming to Asia for the first time next week on the 5th – 7th October 2021. Taking place as a hybrid event, speakers and attendees will come together in-person at Raffles City Convention Center Singapore

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Aussie Insurtech Firm Cover Genius Closes US$50 Million Series C Led by Sompo

Cover Genius, an Australian insurtech firm and embedded insurance specialist, announced that it has secured a strategic investment of US$50 million during a Series C funding round led by Sompo Holdings Asia. The round comprised primary and secondary capital, and

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The Trillion Dollar Cross-Border Payments Market is Getting a Makeover

The trillion-dollar cross-border payments market is getting a revamp, fueled by technological advances, a changing regulatory landscape and a rush of new entrants promising to solve customers’ long-lasting pain points. During Fintech Fireside Asia’s latest panel discussion, top executives from

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TMRW to Merge with UOB Mighty As Part of UOB’s S$500 Million Digital Initiative

UOB will invest up to S$500 million to bring together the innovation of its digital bank TMRW with the scale and product depth of its mobile app UOB Mighty on one platform dubbed as UOB TMRW. The bank will roll

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Niall Carroll and The Impact of Travel Restrictions on UK-Based Businesses

More than a year into the pandemic, businesses are still being affected by restrictions, including those around international travel. While the lifting of many measures has already begun, both the UK and US governments have announced that there will be

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How Southeast Asia’s Biggest Economies Can Boost Their Fraud Management Systems

Last year, a wave of digital transformation took over the world, and along with it, so did growing concerns about fraud and financial crime. In Southeast Asia, one in every three people experienced online fraud amidst this digital transformation last

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SGX and Temasek’s Digital Asset JV Marketnode Partners FIs Ahead of Product Launch

Marketnode, a Singapore Exchange (SGX) and Temasek digital asset joint venture, announced its partnership with ten global financial institutions ahead of its upcoming product launches. The JV’s upcoming products will be focused on digital issuance services, ESG bond data and

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