Blog
Singapore’s Thunes Appoints New COO Following US$60 Million Funding Round
Thunes, a Singaporean cross-border payments network, announced that Tamer El-Emary has been appointed as Chief Operating Officer. This is a new, strategic role at the company, and the appointment follows a recent financing round raising US$60 million, which sees Thunes
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Singapore’s STACS Co-Develops Blockchain Platform with Swiss Private Bank, EFG
Hashstacs (also known as STACS), a Singaporean fintech company focusing on blockchain solutions, announced its partnership with Swiss EFG Bank (EFG) to co-develop a blockchain platform that will enhance and simplify the processes of structured products. Dubbed “Project Nathan –
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SAP.iO Foundry Singapore Launches Fintech and COVID-19 Recovery Acceleration Program
SAP SE today kicked off the SAP.iO Foundry Singapore Fall 2020 acceleration program focused on COVID-19 recovery, Fintech and spend management. The selected business-to-business startups will help SAP’s customers extend the value of their investments in SAP Concur solutions for travel and expense
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BondEvalue Gets the Green Light From MAS for Blockchain-Based Bond Exchange
Singapore-based fintech BondEvalue has been approved as a Recognised Market Operator (RMO) by the Monetary Authority of Singapore (MAS). It operates BondbloX Bond Exchange (BBX), a blockchain-based bond exchange that aims to bring trading of a wide range of fixed-income
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DBS Advocates for Women Technologists With Its First-Ever Virtual Career Fair
DBS announced that it will be hosting its inaugural women-focused virtual career fair for technologists in October to fill over 50 technology jobs in Singapore. This comes as the bank seeks to grow its pipeline of female technology talent, and
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Razorpay Latest to Achieve Unicorn Status in Asia With US$100 Million Funding Led by Sequoia, GIC
Indian payment gateway provider Razorpay secured US$100 million in Series D financing, simultaneously achieving the major milestone of becoming the newest unicorn in India. With this round, Razorpay welcomes their latest partner GIC, Singapore’s sovereign wealth fund to its investor
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Breaking Down Marketplace Borders
Anders la Cour, co-founder and Chief Executive Officer of Banking Circle explains how Banking Circle Marketplaces empowers global trade by helping PSPs that support marketplace merchants to access fast, affordable cross border payments. When a new business launches, payments are
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Standard Chartered Enlists Moneythor for Its New Data-Driven Money Management Tool
Standard Chartered Bank in Singapore has partnered Moneythor, a digital banking software provider, to launch its new data-driven SC Money Manager tool. SC Money Manager aims to help customers better manage their finances by providing a suite of personalised features
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DBS and SC Led Industry Workgroup to Develop Blockchain-Powered Trade Finance Registry
DBS and Standard Chartered jointly led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) proof of concept (POC) to enhance lending practices and improve transparency in commodity trade. Supported by Enterprise Singapore
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Visa Extends Stripe Connect Partnership to B2B Payments
Visa has teamed up with Stripe, a fintech company focusing on online payment processing, for the acceptance of B2B payments using Stripe Connect. This is an extension of the partnership that the two entities formed in late 2018 to enable real-time
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