Archive

It’s Not Just the Ride Hailing Fight That’s Begun with Go-Jek’s Entry into Grab’s Hometown

Go-Jek just announced the launch of its beta app in Singapore, which means that Singaporeans will be able to download Go-Jek on Android and iOS stores starting today. Since Uber’s exit of Southeast Asia, this will be a significant competition

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Revolut Secured Singaporean Licensing — Slated to Launch in 2019

Revolut, a London-based fintech unicorn was just granted a license for operations in Singapore and Japan. The company has therefore confirmed that they are in the final stages of testing for launch in Asia Pacific in Q1 2019. Their Asia

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PLDT’s Voyager Seals US$40M Investment from IFC

Voyager Innovations, the fintech arm of the Philippines’ top digital telecommunications firm PLDT Inc, has sealed a US$40 million investment from International Finance Corp (IFC), and IFC Emerging Asia Fund with both acquiring a minority stake in the company. Voyager

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Fintech and Digital Finance Innovation Initiatives of Banks in Singapore

Fintech has become one of the key drivers of innovation in the financial services industry. In Singapore, the Monetary Authority of Singapore (MAS) was quick to realize the potential of fintech, acting swiftly to build up a vibrant ecosystem in

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SGInnovate Announces 3 More Investments as Part of its Deep Tech Strategy

SGInnovate just announced that they have invested into three deep tech startups: Horizon Quantum Computing, Involt and Portcast.  The announcement was made on the second anniversary of SGInnovate’s founding and one year after the announcement of its Deep Tech Nexus

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9 Finalist for 2nd World Innovative Contribution Awards in Korea

On November 20th the WFPL announced in Seoul 9 finalists for the World Innovative Contribution Awards (WIC) which will be hosted by the World Federation of Power Leaders. This will take place at the main Auditorium Hall of the National

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Eyeing IPO in 2021, Instarem Raises US$20 M in Series C Round

InstaReM, a digital cross-border payments company headquartered in Singapore, secured a first close of more than US$ 20 million led by new investors MDI Ventures (the VC arm of Indonesia’s Telkom), and Beacon Venture Capital (the VC arm of Thailand’s

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4 Swiss Wealthtech Rockstars That Will Rock Blockchain in Singapore

Switzerland, which enjoys an international reputation as a reliable and innovative financial center, has emerged as a hotbed for fintech innovation in recent years. Today, innovative solutions from Swiss companies are in high demand in Singapore as Switzerland continues to

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Top Funded Fintechs in Asia By Country

With the existence of such a huge region with huge swaths of unbanked and uninsured populations, investors are waking up to the potential that Asia has in fintech. According to Bain & Company, 2017 saw a sharp spike of recorded

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What SGX Expects of Listed Companies Conducting an Initial Coin Offering (ICO)

SGX recently provided clarifications for public listed companies seeking to raise ICOs. An Initial Coin Offering (ICO) is an offer of digital tokens or coins to investors which are paid for either with fiat currencies or other crypto-currencies. Given that

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