Posts From Fintech News Singapore
Bahrain EDB Establishes Gateway to Asia With First Office in Singapore
The Bahrain Economic and Development Board (EDB) has officially revealed the establishment of its first Southeast Asia office in Singapore. This development aims to bolster Bahrain’s position as an attractive destination for investments, particularly for Singaporean businesses. The office will
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Visa Teams With Tencent to Grow Chinese Remittances via Digital Wallet
Visa, a global leader in digital payments, and Tencent Financial Technology, the fintech arm of Tencent, have announced a partnership at the Singapore Fintech Festival 2023 that will broaden Visa’s reach in the Chinese remittance market. This collaboration will enable
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Singapore Fintech Festival 2023 Announces Global Fintech Award Winners
The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA), with support from PwC Singapore, have announced the winners of the SFF Global Fintech Awards at the Singapore Fintech Festival 2023. These awards are a testament to the
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Pints AI, Toggle AI, Visa Crowned Winners at MAS’ Global Fintech Hackcelerator 2023
In a significant move to promote artificial intelligence in the financial sector, the Monetary Authority of Singapore (MAS), in partnership with the Singapore Fintech Association (SFA), announced the winners of the Global Fintech Hackcelerator at the Singapore Fintech Festival (SFF)
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DIFC to Kick off Fintech World Cup at SFF 2023 With Pitch Competition
Global fintech startups seeking funding have the opportunity to participate in the Fintech World Cup (FWC), organised by the Dubai International Financial Centre (DIFC). Registration is currently open for an initial pitch competition that will take place tomorrow (17 November)
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Early-Stage Fintechs Grab Half of ASEAN Funding as Green Fintechs Gain Traction
According to the recent “Fintech in ASEAN 2023: Seeding the Green Transition” report, jointly released by UOB, PwC Singapore, and the Singapore Fintech Association (SFA), there is a growing interest in sustainable finance solutions despite the broader funding winter affecting
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StraitsX, Paxos Secure MAS Approval to Issue SGD and USD Stablecoins
Three entities have received In-Principle Approvals (IPA) from the Monetary Authority of Singapore (MAS) to issue stablecoins that will align with the central bank’s proposed stablecoin regulatory framework. Stablecoins issued by the three entities – StraitsX SGD Issuance, StraitsX USD
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MAS to Issue “Live” Wholesale CBDCs to Settle Retail Payments Between Banks
The Monetary Authority of Singapore (MAS) unveiled a series of initiatives to ensure the secure and innovative use of digital money in the country. The three forms of digital money that MAS is promoting are wholesale Central Bank Digital Currencies
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2023 Visa Accelerator Fintech Startups Stand Out at Singapore Demo Day
During the 2023 Singapore Fintech Festival, Visa showcased the progress of seven startups from its Asia Pacific Visa Accelerator Programme 2023. These startups, selected in May 2023, have been working on innovative solutions in digital payments, benefiting from Visa’s global
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Ravi Menon Announces Project Greenprint’s Next Phase with Gprnt Launch
Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), unveiled the next phase of Project Greenprint, aimed at revolutionising the financial ecosystem with a new integrated platform named “Gprnt” at the Singapore Fintech Festival 2023. The Greenprint
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