Archive
eToro: Ripple was the Hottest Product For 2018
Some claim that 2018 was the worst investment year in recent times. It was full of market volatility and economic downturns, and many investors now look back with regret at profits that were wiped out, or chances that were lost.
Read More
Grab Works with China’s Insurtech Giant to Offer Insurance by Mid 2019
Grab announced that it’s partnering up with ZhongAn, one of the biggest insurtech drivers in China, to establish a joint venture company for the digital insurance distribution business in Southeast Asia. The goal is to deliver a digital insurance marketplace for products
Read More
How DBS and OCBC Global Leadership Shows Singapore’s Success in Open Banking
Singapore’s DBS Bank and OCBC are regional leaders in fintech and pioneers in open banking according reports from Accenture and Innopay Open Banking Monitor. The positioning of these banks gives us a good sense of where Singapore stands in the global
Read More
In Yet Another Funding Round This Month, Singapore Life Raises US$ 13 Million
Insurtech firm Singapore Life has received a US$ 13 Million investment from Aberdeen Standard Investment. This makes it the second round of capital injection Singapore Life has received this month alone. Singapore Life has previously received a total sum of
Read More
MAS Sets Aside SGD$75 M to Position Singapore as Asia’s Centre for Capital Raising
The Monetary Authority of Singapore (MAS) will launch a new S$75 million Grant for Equity Market Singapore (GEMS) next month Mr Heng Swee Keat, Minister for Finance and MAS Board Member, highlighted Singapore’s vision to serve as Asia’s centre for
Read More
What Does the New Payment Services Act Mean for Singapore?
The Payment Services Bill which has recently been passed into law by the Parliament is part of the Monetary Authority of Singapore’s bid to create a regulatory framework that is more conducive for innovation in payment services. This follows their
Read More
8 Regulations That Could Shape Fintech in Asia This Year
Asia Pacific regions are somewhat disjointed when it comes to banking and fintech-related regulations, with countries like China moving towards more region-specific and refined rules, while countries like Thailand and Indonesia are still trying to introduce basic, yet important regulations to help
Read More
Vietnamese Banks Ramp up Fintech Development
Fintech is gaining popularity around the world including in Vietnam where experts and industry observers predict strong growth, driven by the country’s low banking penetration and young and increasingly affluent population. “Vietnam has strong growth potential for fintech development, and
Read More
Fintech News Network: 12 Infographics Showcasing the State of Fintech Around the World
2018 was an exciting year for fintech around the world with many developments across Europe, Asia and the Middle East. Worldwide, fintech companies raised a whopping US$57.9 billion through 875 deals in the first six months of 2018 alone, already
Read More
Start Digital Launch, $30 Million Funding to Accelerate Singapores SME Digitalisation
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore launched Start Digital, an initiative of the SMEs Go Digital programme. Start Digital will enable new SMEs to get a head start with two foundational digital solutions – with costs waived for
Read More