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    Crypto

    Huobi Global to Slash Workforce by 30% Following String of Failed Expansions

    Fintech News SingaporeJune 29, 2022

    Cryptocurrency exchange Huobi Global might lay off more than 30% of its workforce due to a sharp drop in revenue,…

    AustraliaDigital Banking

    Volt Becomes Second Australian Neobank to Shutdown as Funding Dries Up

    Fintech News SingaporeJune 29, 2022

    Australian neobank Volt announced that it will be shutting down its deposit-taking business, return all deposits to its customers and…

    LendingPayments

    Funding Societies Inks Deal to Acquire CardUp

    Fintech News SingaporeJune 29, 2022

    Funding Societies, a Southeast Asian digital financing platform for small and medium enterprises (SMEs), today announced that it is acquiring…

    AIBig DataSponsored

    APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner

    Fintech News SingaporeJune 28, 2022

    Despite realizing the opportunities brought about data and analytics, banks and financial institutions in Asia-Pacific (APAC) are still struggling to…

    Digital Banking

    Less Than 5% of the World’s 400 Neobanks are Profitable

    Fintech News SingaporeJune 27, 2022

    Neobanking has been one of the most talked-about fintech segments of the past decade, a buzzing industry that’s seen an…

    Blockchain

    Matrixport’s Cactus Custody Rolls Out Institutional Custody Service for NFTs

    Fintech News SingaporeJune 27, 2022

    Matrixport, a digital assets financial services ecosystem, announced the launch of Warm and Cold custody services for Non-Fungible Tokens (NFTs)…

    Podcast

    10 Fintech Podcasts to Listing to in 2022

    Fintech News SingaporeJune 26, 2022

    Over the past decade, podcasts have evolved exponentially, attracting a growing population of professionals to explore new ideas, gain insights…

    CryptoDigital Assets

    Digital Assets Wealth Management: A US$54B Opportunity for Asia’s Wealth Managers

    Fintech News SingaporeJune 24, 2022

    In Asia, adoption of digital assets as an investment is growing at a staggering pace, emerging this year as the…

    Various

    DPM: Singapore and Switzerland to Deepen Ties to Break New Grounds in Fintech

    Fintech News SingaporeJune 24, 2022

    Global financial centers such as Singapore and Switzerland need to set aside competition to collaborate on new frontiers as pioneering…

    CryptoWealthtech

    MAS Grants In-Principle Approval to Sparrow for Digital Payment Token Services

    Fintech News SingaporeJune 24, 2022

    Digital assets trading platform Sparrow announced that it had secured an in-principle approval from the Monetary Authority of Singapore (MAS)…

    Funding

    Temasek-Backed ShopBack Secures US$80 Million in Series F

    Fintech News SingaporeJune 24, 2022

    Shopping and rewards platform ShopBack announced that it has raised US$80 million in a funding round led by Asia Partners,…

    BlockchainWealthtech

    ADDX Partners China Construction Bank for China’s Offshore Investment Scheme

    Fintech News SingaporeJune 23, 2022

    Private market exchange ADDX has partnered with the China Construction Bank (Chongqing and Singapore branches) to help domestic investors in China…

    Cloud

    Mambu Bolsters Its C-Suite With a Slew of Appointments

    Fintech News SingaporeJune 23, 2022

    Software-as-a-Service (SaaS) banking platform Mambu has made four new senior hires to its C-suite to support its future growth. Mambu…

    LendingSponsored

    Singapore SMEs Struggle to Secure Financing

    Fintech News SingaporeJune 23, 2022

    In Singapore, small and medium-sized enterprises (SMEs) are struggling to secure sufficient financing from traditional lenders, with most still largely…

    FundingVietnamWealthtech

    Vietnamese Fintech Anfin Bags US$4.8 Million Pre-series A Co-led by Y Combinator

    Fintech News VietnamJune 22, 2022

    Anfin, a Vietnam-based fintech firm with a proprietary stock trading platform, announced it has raised US$4.8 million in its pre-Series…

    Crypto

    Crypto.com Secures In-Principle Approval for a Major Payment Institution License

    Fintech News SingaporeJune 22, 2022

    Crypto.com announced today that it has received in-principle approval for a Major Payment Institution License from the Monetary Authority of…

    FundingVietnamWealthtech

    Vietnam’s Finhay Raises US$25 Million Series B Co-led by Openspace Ventures and VIG

    Fintech News VietnamJune 22, 2022

    Vietnam’s digital investment platform Finhay has secured a US$25 million in a Series B funding round co-led by Openspace Ventures…

    Payments

    DBS PayLah! Users Can Now Scan UnionPay QR Codes to Pay in 45 Countries

    Fintech News SingaporeJune 22, 2022

    DBS PayLah! users can now make payments to retailers in 45 countries using UnionPay’s QR Code payment option. DBS is…

    BlockchainIndiaPayments

    Partior Sets up Development Center in India, Makes Several Key Appointments

    Fintech News SingaporeJune 22, 2022

    Partior, a blockchain technology provider for payments clearing and settlement, has set up its new Hyderabad Development Center in India…

    FundingLending

    Singapore Fintech Helicap Raises US$5 Million from Tikehau Capital, PhillipCapital

    Fintech News SingaporeJune 22, 2022

    Fintech investment platform Helicap announced that it has raised US$5 million in a funding round from global asset managers Tikehau…

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