Blog
Stripe Enables GrabPay Payment Option for E-Commerce Merchants
Stripe, an online payment processing company, has partnered with GrabPay to enable businesses across Southeast Asia to offer consumers a more rewarding and convenient online payment method through the latter’s e-wallet, starting in Singapore and Malaysia. The partnership with GrabPay
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How Singapore’s Digital Wallets Fared During the Pandemic
Digital wallets in Singapore have enjoyed a bumper year. With lockdowns catalysing the growth of online shopping, the local e-commerce market reached US$7 billion in 2020. And growth is expected to stick. 9 in 10 new digital consumers intend to
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In the Age of Data, Financial Institutions Must Adopt a Multi-Cloud Strategy
Emerging technologies, evolving customer demands and a changing regulatory landscape are redefining the financial services industry, forcing incumbents to transform their business models and adopt a data-first strategy in order to survive, a new paper by Equinix and Dell Technologies
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Real-Time Digital Payments Volume Surges 48% in Singapore
Singaporeans are moving away from paper-based payments and embracing real-time digital payments and mobile wallets, a shift that has accelerated with COVID-19, a new report by ACI Worldwide Real-Time Payments and GlobalData says. 2021 Prime-Time for Real Time, a global
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Grab Financial’s Funding Represented 63% of Singapore’s Fintech Fundraising in Q1
In Q1 2021, Singaporean fintech companies raised a staggering S$656 million in equity funding, a 355% increase compared to the same period last year, data from the Boston Consulting Group (BCG) show. The large figure, which represents about 46% of
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Aviva Singlife Appoints DBS Exec as Group CEO Following S$3.2 Billion Merger Deal
Insurer Aviva Singlife announced that it has appointed former DBS’ senior exec Pearlyn Phau as its Executive Director and Group Chief Executive Officer following its S$3.2 billion merger deal. The merger transaction between Singlife and Aviva is said to be
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Top 15 Women Leaders in Asia’s Fintech Industry in 2021
Out of the top 100 women in fintech selected by BizClik Media Group last month, Fintech News has shortlisted the top listed 15 female leaders who are driving changes in Asia’s banking, financial services and insurance industry. These women have
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DBS, SGX, StanChart and Temasek Tackles Climate Action With Global Carbon Exchange
DBS, Singapore Exchange (SGX), Standard Chartered and Temasek joined forces to take climate action through a joint venture Climate Impact X (CIX) which aims to be a global exchange and marketplace for high-quality carbon credits. CIX will offer distinct platforms
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iSTOX Rebrands as ADDX Following a US$50 Million Fundraise
Private capital platform iSTOX announced that it is rebranding itself as ADDX as it enters a phase of fast-paced growth following a Series A funding round that raised US$50 million in January from Japanese state-backed investors. Accompanying the fresh brand
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F10 Singapore Is on the Lookout for Promising Growth Stage Fintech Startups
F10, a Swiss-based startup incubator and accelerator, is currently looking for promising growth-stage startups for its Singaporean Acceleration Programme running from September to November 2021. The accelerator will be focused on wealthtech, deeptech, as well sustainable finance solutions. F10 said
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