Fintech Singapore | January 2017

Archive

Vietnam

Vietnam’s FE Credit Secures US$100M Loan from Credit Suisse

VPBank Finance Company Limited (FE Credit) has announced the completion of the procedure for a US$100 million syndicated loan. The capital will be used to supplement FE Credit’s working capital and will help the company further develop its domestic consumer

Mobile Payments Vietnam

Vietnam Announces Major Initiative to Become Cashless by 2020

Vietnam’s deputy prime minister Vuong Dinh Hue has signed a policy decision aimed to dramatically reduce cash transactions and improve electronic payment methods by 2020, according to a report by Viet Nam News. The new plan would not only provide

Online Wealth Mgt

New Accenture Report Highlights Rising Acceptance of Robo-Advisors

Seven out of ten consumers globally are willing to use robo-advisory services for their banking, insurance and retirement planning, highlighting the rise in acceptance of robo services as well as a significant shift in consumer trends, according to a new

Various

7 Fintech Startups in India to Know

With more than 400 companies including 200 startups, India has quickly emerged as a fintech products hub. In 2015, these ventures attracted US$420 million in funding, according to a report by the National Association of Software and Services Companies (NASSCOM).

IOT

Asia Smart Home Market to Reach US$115 Billion

Asia’s burgeoning smart home market will reach US$115 billion by 2030, accounting for 30 percent of the global share, according to a report released by global management consulting firm A.T. Kearney. The report forecasts the global smart home market to

IOT

Internet-of-Things Poised to Disrupt Banking and Insurance

The Internet-of-Things (IoT) is set to be one of the biggest technological transformations on the horizon, promising to radically change the way we live and how we conduct business. The IoT refers to the interconnection via the Internet of computing

Various

Financing Options for Startups Establishing Business in Singapore

Southeast Asia is one of the preferred destinations of young enterprisers establishing startups. Among these countries, many choose to start a company in Singapore or open a business in Hong Kong, both states offering incentives for startups. Singapore is one

Big Data

How Big Data is Used to Better Understand Financial Risk

I should imagine you have read a lot about big data, even if you are not really sure what it is. The definition is simple, it’s a very large volume of data. The amount of data typically requires complex computational

Malaysia

Top 10 Fintech (Startups) in Malaysia

Striving to establish itself as a prominent fintech player, Malaysia has committed to provide clear guidance and regulation to the new, innovative products and business models entering the financial services industry. In October, Bank Negara Malaysia (BNM), the country’s central

Remittance Vietnam

Blockchain Remittance Platforms Enters Vietnam

OKLink, a next generation global settlement platform, announced today the launch of real-time transfers to Vietnam. Companies on the OKLink network can now transfer up to US$10,000 per transaction to a Vietnam bank account, cash pickup, or mobile wallet for