Posts From Fintech News Singapore
Marco Boldini Appointed to Lead TerraPay’s Regulatory Efforts
Payments infrastructure company TerraPay has appointed Marco Boldini as Executive Vice President and Global Head of Policy, Regulatory, and Governmental Affairs. In his new role, Boldini will lead TerraPay’s global regulatory strategy, working alongside both internal teams and external partners
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Sydney Fintech Constantinople Secures $50M Series A Funding
Sydney-based fintech Constantinople has raised US$50 million in a Series A funding round led by Prosus Ventures, the venture capital division of Prosus. The firm had previously secured US$32 million in a seed round in 2023. The funding round also
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InsureMO’s Technology Integration Bolsters MoneyHero’s Insurance Platform
InsureMO, an insurance middleware platform, has teamed up with financial product comparison platform MoneyHero, aiming to create a “premier digital insurance aggregation and comparison platform” across Greater Southeast Asia. The integration of InsureMO’s advanced middleware technology into MoneyHero’s platform allows
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GXS FlexiLoan Programme Saves Customers S$4 Million in Interest Over One Year
Singapore’s GXS Bank has reported that its GXS FlexiLoan programme has facilitated S$4 million in interest savings for its customers over a 12-month period since its launch in April 2023. The bank, part of the Grab-Singtel digital bank consortium and
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Fintech and Digital Financial Services Gain Momentum in Brunei
The significance of fintech is rising within Brunei’s economy, driven by increased efforts from both the public and private sectors to leverage technology to enhance financial services, improve accessibility and drive economic growth. At the Britain Brunei Business Forum’s “Brunei’s
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Nick Wilde Steps Down as Thought Machine’s APAC Managing Director
Nick Wilde, the Managing Director of APAC for Thought Machine, has announced his departure from the company to return to Australia after a notable 17-year career abroad. During Wilde’s five-year tenure at Thought Machine, he was instrumental in the growth
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Money Lock Safeguarded S$6.6B Across Over 78,000 Singapore Accounts
Since the launch of the Money Lock feature by three local banks – OCBC, DBS, and UOB – in November, over 78,000 accounts have been established with more than S$6.6 billion of savings securely set aside as of March 2024.
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MAS Bolsters Crypto Payment Rules, Here’s What You Need to Know
The Monetary Authority of Singapore (MAS) has announced revisions to the Payment Services Act (PS Act) and related regulations, marking a significant expansion in the regulation of payment services within the country. The amendments, which are set to be implemented
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Is Kazakhstan The Next Hot Spot for Fintech?
Over the past years, venture capital (VC) funding in Caucasus and Central Asia (CCA) has increased substantially, growing by more than fivefold between 2018 and 2023, a new report produced by RISE Research in cooperation with EA Group and BGlobal
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IFC, DBS Address Trade Finance Gap with US$500 Million Programme
The International Finance Corporation (IFC) and DBS Bank have unveiled a US$500 million financial initiative aimed at enhancing trade in emerging markets. This collaborative effort is part of IFC’s Global Trade Liquidity Programme (GTLP) and seeks to increase capital and
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