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    Blockchain

    Crypto Deals on The Rise in Asia Pacific

    Fintech News SingaporeSeptember 16, 2019

    Year 2019 has witnessed a major shift in crypto-related fundraising and merger and acquisition (M&A) activity. While in 2018, the…

    Various

    Sopnendu, Singapore’s Chief Fintech Officer Appointed as a Fintech Advisor to an Indian State

    Fintech News SingaporeSeptember 13, 2019

    The Monetary Authority of Singapore’s Chief Fintech Officer Sopnendu Mohanty was appointed a digital and fintech advisor to India’s Odisha…

    Blockchain

    Wowoo Exchange Announces Official Launch of Digital Assets Trading Platform

    Company AnnouncementSeptember 13, 2019

    Singapore-based Wowoo Exchange today announced the official launch of its digital assets trading platform. With an initial focus on the…

    Trade Finance

    Tradeteq’s Credit Scoring System Goes Live on Singapore’s National Trade Platform

    Fintech News SingaporeSeptember 13, 2019

    Tradeteq, the technology provider for the global trade finance market, has launched its machine-learning driven credit scoring system for institutions…

    Digital Banking

    Singapore’s Hong Leong Finance is The Latest to Seek Digital Banking License

    Fintech News SingaporeSeptember 13, 2019

    Hong Leong Finance Ltd is the latest entity seeking to apply for Singapore’s digital banking license, according to Bloomberg. Hong…

    Security

    With Mobile Payments on the Rise, Creator of QR Codes Thinks It Needs a Security Revamp

    Vincent FongSeptember 12, 2019

    QR Codes were first invented in 1994 by Japanese engineer Masahiro Hara. When it was created for Denso, they were…

    Indonesia

    Indonesian Micro Saving Fintech Receives Over US$3M in Funding Led by Go-Ventures

    Fintech News SingaporeSeptember 12, 2019

    Pluang, a fintech startup providing digital micro-savings for Indonesians (formerly known as EmasDigi), officially announced today its US$3 million Series…

    BlockchainMobile Payments

    Mastercard and R3 Partner to Develop Blockchain-Powered Cross-Border Payments Solution

    Fintech News SingaporeSeptember 12, 2019

    Mastercard and R3, an enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new…

    BlockchainTrade Finance

    DBS Launches Multi-Tier Financing Facility Blockchain Platform in China

    Fintech News SingaporeSeptember 11, 2019

    DBS Bank today announced its first multi-tier financing facility on a logistics blockchain platform named Rong-E Lian, to help small…

    IndonesiaMobile Payments

    Grab Reportedly Eyeing to Merge OVO and Dana in a Bid to Compete with Gojek

    Fintech News SingaporeSeptember 11, 2019

    Ride-hailing giant and super-app aspirant Grab is rumoured to be in talks to merge Indonesian digital payments firm OVO with…

    Mobile Payments

    Razer Fintech Appoints Ex-GIC President to its Board of Advisors

    Fintech News SingaporeSeptember 11, 2019

    Razer Fintech, the financial technology arm of Razer Inc has appointed Lim Siong Guan as an Advisory Board member. Recognised…

    Trade Finance

    Refinitiv’s Eikon Auctions Facilitated US$ 1 Trillion in Transactions for Central Banks

    Fintech News SingaporeSeptember 11, 2019

    Refinitiv recently reached a key milestone for its Eikon Auctions service, having helped facilitate over $1trillion for its central bank…

    AI

    OCBC’s New Voice-Based Virtual Assistant Gaining Traction

    Fintech News SingaporeSeptember 10, 2019

    Each month, over two million banking transactions and services are performed using the OCBC Mobile Banking app. Since 19 August 2019,…

    FundingIndonesiaLending

    Indonesia-Based Lending Fintech Raises US$ 24 Million in Gobi Partners Led Round

    Fintech News SingaporeSeptember 10, 2019

    Indonesia based SuperAtom has closed its latest funding round of US$24 million. The round was led by Gobi Partners through…

    Mobile PaymentsPhilippines

    Philippines To Launch Standardised QR Code For Payments Soon

    Fintech News PhilippinesSeptember 9, 2019

    The Philippines is anticipated to launch a standardised QR code for payments by September, according to a report by Philstar.…

    Digital Banking

    China’s Insurance Giant, Ping An Considering Digital Banking License in Singapore

    Fintech News SingaporeSeptember 6, 2019

    Ping An’s fintech unit OneConnect, is considering to apply to Singapore digital banking license, according to a recent Bloomberg report.…

    Blockchain

    Crypto Exchange Huobi to Launch a USD$ 515 Blockchain Phone

    Fintech News SingaporeSeptember 5, 2019

    Huobi Exchange announced that they will be launching their blockchain phone named “Acute Angle” soon. As part of that launch,…

    Digital Banking

    New Digital Banks Unlikely To Threaten DBS, OCBC and UOB, Fitch Ratings Says

    Fintech News SingaporeSeptember 4, 2019

    Singapore’s granting of up to five new digital bank licenses is unlikely to threaten the dominance of the country’s three…

    Mobile PaymentsPhilippines

    Philippines’ Fintech Industry Calls for ASEAN Wide Standardised QR

    Fintech News PhilippinesSeptember 4, 2019

    The ASEAN must standardize quick-response (QR) codes for digital payments platforms to facilitate and simplify regional trade. Lito Villanueva, Chief…

    IndonesiaLending

    Kredivo Closes up to US$20m Credit Line with Partners for Growth

    Fintech News SingaporeSeptember 4, 2019

    Jakarta-headquartered Kredivo, a digital credit platform for retail borrowers across Indonesia, and Partners for Growth V, L.P. (PFG), a  venture…

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