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    E-commercePayments

    Charles & Keith’s E-Commerce Revenue Surges After Nuvei Integration

    Fintech News SingaporeMarch 20, 2024

    Singaporean fashion retailer Charles & Keith has joined forces with Canadian payments firm Nuvei Corporation to revamp its online payment…

    Various

    ShopBack CEO Admits Overexpansion Led to Laying off 24% of Staff

    Fintech News SingaporeMarch 20, 2024

    Shopping and rewards platform ShopBack’s CEO Henry Chan announced that the company will be laying off 195 roles which amounts…

    Financial InclusionIndonesiaLending

    Indonesian Fintech JULO Offers Loans up to US$3,000 for Medical Expenses

    Fintech News IndonesiaMarch 19, 2024

    Indonesian fintech company JULO has rolled out a new healthcare financing service, allowing its 2 million users to cover their…

    Lending

    Is the Death of BNPL Services Imminent?

    Johanan DevanesanMarch 19, 2024

    The global flirtation with Buy Now Pay Later (BNPL) services seems to be coming undone, as new data on consumer…

    FundingRegtech

    Accredify Becomes Okta Ventures’ First Investment in Singapore

    Fintech News SingaporeMarch 19, 2024

    Singapore-based Accredify, known for its verifiable technology solutions, has received a strategic investment from Okta Ventures. The sum was not…

    Digital AssetsFunding

    Tokenize Xchange Secures Additional US$11.5M in Series A

    Fintech News SingaporeMarch 19, 2024

    Tokenize Xchange, a digital asset exchange based in Singapore, has received an additional investment of US$11.5 million in the second…

    ChinaPayments

    Mastercard Partnership with Alipay Offers Faster, Secure Remittances to China

    Fintech News SingaporeMarch 19, 2024

    Payment giant Mastercard has announced a new partnership with Ant Group’s digital open platform Alipay to expand its cross-border payment…

    IndonesiaLending

    Indonesian P2P Lender Modal Rakyat Being Sued Over Loan Default Allegations

    Fintech News IndonesiaMarch 19, 2024

    Indonesian peer-to-peer lending platform Modal Rakyat is facing a lawsuit filed in the South Jakarta district court on 20 February.…

    Digital AssetsE-wallets

    Singapore Users Can Now Top up GrabPay Wallet Using Crypto and Stablecoins

    Fintech News SingaporeMarch 19, 2024

    Southeast Asian ride-hailing super app Grab has teamed up with licensed crypto payments provider Triple-A to introduce a feature that…

    Digital BankingFunding

    British Neobank Monzo Reportedly in Talks for US$50 Million Stake Sale to GIC

    Fintech News SingaporeMarch 19, 2024

    British digital bank Monzo is reportedly in the advanced stages of discussions to raise around US$50 million through the issuance…

    AIDigital Transformation

    Digital Maturity Gap Widening Among Financial Institutions, Says Broadridge

    Fintech News SingaporeMarch 18, 2024

    A recent study by Broadridge Financial Solutions reveals that the gap in digital maturity among financial institutions is widening, despite…

    InsurTech

    Singlife Now Officially a Fully-Owned Subsidiary of Sumitomo Life

    Fintech News SingaporeMarch 18, 2024

    Homegrown financial services company Singapore Life Holdings (Singlife) is now officially a fully-owned subsidiary of the Japanese insurance giant, Sumitomo…

    Payments

    QR Code Payment Integration Between Japan and ASEAN Set for 2025 Launch

    Fintech News SingaporeMarch 18, 2024

    Japan and the Association of Southeast Asian Nations (ASEAN) are set to integrate their QR code payment systems by 2025,…

    CryptoFunding

    Binance Discreetly Spins off Venture Arm Months After Richard Teng Steps up as CEO

    Fintech News SingaporeMarch 18, 2024

    Global crypto exchange Binance has officially spun off its venture capital and incubation arm – Binance Labs, as reported by…

    InsurTech

    MAS to Launch Revised Fair Dealing Guidelines for Greater Consumer Protection

    Fintech News SingaporeMarch 18, 2024

    The Monetary Authority of Singapore (MAS) is set to update its Guidelines on Fair Dealing within the coming weeks, signaling…

    Payments

    Deadpool Actor-Backed Nuvei in Advanced Talks for Acquisition Deal

    Fintech News SingaporeMarch 18, 2024

    Private equity firm Advent International is engaged in advanced discussions to acquire Nuvei, a Canadian payments technology company, according to…

    Wealthtech

    UBS to Reduce Staff in Wealth Management Division Across Asia

    Fintech News SingaporeMarch 14, 2024

    UBS Wealth Management, the arm of UBS dedicated to handling affluent clients, has commenced a significant restructuring within its Asian…

    InsurTechVietnam

    Saladin Joins Forces with ZaloPay to Digitise Insurance Offerings

    Fintech News SingaporeMarch 14, 2024

    In a step towards digitising insurance services in Vietnam, Saladin Technology Insurance, under the auspices of 10X Consulting and Technology…

    CryptoIndonesia

    Indonesia’s Ajaib Kripto Witnesses Tenfold Surge in Bitcoin Trading Volume

    Fintech News IndonesiaMarch 14, 2024

    Ajaib Kripto, the crypto trading application developed by Indonesian investment technology unicorn Ajaib, has announced a significant surge in its…

    InsurTech

    Singlife Unveils Upgraded Insurance Plans to Address Coverage Gaps

    Fintech News SingaporeMarch 14, 2024

    Homegrown digital-first insurer Singlife today announced the roll-out of two revised insurance plans: Singlife Elite Term II and Singlife Cancer…

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