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    Digital BankingFunding

    Tyme Pulls in US$77.8 Million for Ongoing Pre-series C Raise

    Fintech News SingaporeMay 23, 2023

    Tyme, a multi-country digital banking group headquartered in Singapore, has secured funding from two new shareholders – Africa-focused tech growth…

    Payments

    Can BNPL Be Part of a Balanced Financial Strategy?

    Rebecca OiMay 23, 2023

    The rising popularity of Buy Now, Pay Later (BNPL) services among Millennials and Gen Zs in Singapore underscores a gap…

    Payments

    ACI Worldwide Adds Swift Go to Its Cross-Border Payments Offering for Banks

    Fintech News SingaporeMay 23, 2023

    ACI Worldwide, a real-time payments software provider, announced the addition of Swift Go to its cross-border payments offering. Swift Go…

    AI

    MAS Launches Programme to Build AI Talent Pipeline for the Financial Sector

    Fintech News SingaporeMay 23, 2023

    The Monetary Authority of Singapore (MAS) has launched the Financial Sector Artificial Intelligence and Data Analytics (AIDA) talent development programme.…

    FundingIndiaPayments

    PhonePe Snaps up Another US$100 Million Investment From General Atlantic

    Fintech News SingaporeMay 23, 2023

    Indian digital payments company PhonePe has secured an additional US$100 million investment from its existing investor General Atlantic, a global…

    Blockchain

    Ripple Launches Platform to Enable Central Banks to Issue Their Own CBDCs

    Fintech News SingaporeMay 22, 2023

    Ripple, a blockchain and crypto solutions provider, has launched a new platform to enable central banks, governments, and financial institutions…

    Cloud

    AWS to Invest US$12.7 Billion in India by 2023, Creates Massive Job Opportunities

    Fintech News SingaporeMay 22, 2023

    Amazon Web Services (AWS) plans to invest INR 1,05,600 crores (US$12.7 billion) in India by 2030 to meet growing customer…

    FundingVarious

    How Data and Tech Can Mitigate Risks of Bank Failures Like SVB

    Johanan DevanesanMay 22, 2023

    The recent collapse of a major bank affiliated with financing tech companies, and the subsequent failures of two other American…

    Remittance

    Majority of APAC Consumers Prefer Remittance Services to Be Offered in a Super App

    Fintech News SingaporeMay 22, 2023

    Six in ten consumers in Asia-Pacific (APAC) prefer to use digital-only solutions for their remittance and money movement needs, a…

    FundingIndonesia

    Indonesian VC East Ventures Raises US$250 Million for Its Growth Plus Fund

    Fintech News IndonesiaMay 22, 2023

    Indonesia-focused venture capital firm East Ventures announced the first and final close of its US$250 million Growth Plus fund. The…

    BlockchainPayments

    MAS, NY Fed Publish Report on Wholesale CBDC Study for Cross Border Payments

    Fintech News SingaporeMay 22, 2023

    The New York Federal Reserve and the Monetary Authority of Singapore (MAS) has published the report on the findings of…

    Open BankingPersonal Finance Mgt (PFM)

    How SGFinDex Drives Digital Transformation in Singapore’s Financial Sector

    Rebecca OiMay 18, 2023

    In a progressively digital world, the essence of open banking has found its way to the heart of Singapore’s financial…

    E-walletsLendingVietnam

    Vietnam’s MoMo Rolls Out BNPL Payment Option for Online Apple Store Purchases

    Fintech News VietnamMay 18, 2023

    Vietnamese e-wallet M-Service which operates under the MoMo brand has begun offering its local customers monthly instalments when they make…

    CloudLendingProptech

    Temenos Rolls Out AI-Powered Digital Mortgage Solution

    Fintech News SingaporeMay 18, 2023

    Banking software company Temenos has rolled out an AI-powered mortgage solution to will help lenders deliver a personalised digital mortgage…

    CambodiaRemittanceThailand

    2C2P, AMK to Expand Remittance Coverage Between Thailand and Cambodia

    Fintech News SingaporeMay 18, 2023

    2C2P, a payment gateway service provider founded in Thailand, has partnered with Cambodia’s AMK Microfinance Institution to expand its international…

    Blockchain

    Ripple Snaps up Swiss Custody Provider Metaco in US$250 Million Deal

    Fintech News SingaporeMay 18, 2023

    Ripple, a blockchain and crypto solutions provider, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology,…

    FundingInsurTech

    bolttech Now Valued at US$1.6 Billion With US$196 Million Series B

    Fintech News SingaporeMay 18, 2023

    Singapore-based insurtech firm bolttech has raised US$196 million during its Series B fundraise led by Japan’s Tokio Marine with a…

    Digital Transformation

    Are Major Banks in Singapore Realising Their Digital Transformation Agendas?

    Johanan DevanesanMay 17, 2023

    Singapore, renowned as a financial hub and the prominent digital economy in Southeast Asia, is spearheading digital transformation in financial…

    FundingPayments

    Visa Picks 7 New Startups for 2023 APAC Accelerator Programme

    Fintech News SingaporeMay 17, 2023

    Payments giant Visa announced that it has selected seven new startups to be a part of its Visa Accelerator Programme…

    Digital BankingLendingPayments

    Trust Bank Rolls Out Supplementary Credit Card With Instant Issuance

    Fintech News SingaporeMay 17, 2023

    Singapore’s Trust Bank has launched its supplementary credit card where the application process is fully digital and will be issued…

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