Archive
Singaporean Personal Loan Startup Helps to Fill up Tedious Application Loans for You
As part of a pilot by the Ministry of Law, a Singaporean fintech startup Credit Culture has just launched its cloud-based loan platform, the first pilot licensee to launch its platform for customers. Based on the Amazon Web Services (AWS)
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STO & ICO Regulations in Asia: 2019 Edition
Despite the cold sting of the crypto winter ICOs and STOs remain popular method of fundraising, a report by PWC indicated that in 2018 alone 1134 ICOs and STOs were completed around the world — double the amount 2017. The
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Cyber Threats Are On The Rise — 1% of Global GDP is Lost Annually
Malware, cryptocurrency mining, ransomware and drive-by download attacks are the top four cyberthreats in Asia Pacific (APAC), according to a new report by Microsoft. Released last month, the 24th edition of the Microsoft Security Intelligence Report (SIR) suggests that while
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South East Asia Could Be Fully Cashless in 7 Years: Here’s How Singapore Fares
A report recent released by Visa looks at Southeast Asia’s journey towards cashlessness. In it, 43% of Southeast Asia’s respondents expect their country to be completely cashless within the next seven years. This is all tied to reducing friction and
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UK Based Regtech ClauseMatch Launches APAC Headquarters in Singapore
ClauseMatch a London based regtech firm announced that it will be expanding its operations into Asia Pacific with Singapore as its regional headquarters. ClauseMatch’s software enables financial institutions and fintechs keep up with regulatory changes. Back home ClauseMatch counts several
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11 Fintech and Blockchain Events in the Philippines to Attend in 2019
Philippines is described by some as a hidden gem in the South East Asian fintech scene, our previous Fintech Philippines 2018 report demonstrates that this archipelagic nation has all the recipes in place for a booming fintech sector. A similar
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Revolut Gobbles Up Former Uber Eats Executive As Singapore Launch Looms
Just a few years ago, everyone and their mothers in tech wanted to brand themselves as “the Uber of [insert industry]”. It was an easy shorthand to refer to an agile new business looking to overthrow entrenched establishments in an
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An Indonesian Plot Twist: Fintech Akulaku Buys Stake into a Bank
Alibaba-backed Akulaku is the top funded fintech startups in Indonesia, and now a shareholder of a local bank as reported by Katadata. Akulaku reportedly made an Rp 500 billion (approximately SG$48 million) stake into PT Bank Yudha Bhakti Tbk (BBYB),
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Finaxar Wins the Visa Everywhere Initiative with its Financing Solution
Visa announced Finaxar as the winner of the Visa Everywhere Initiative (VEI) 2019 during the Singapore finals. Finaxar is perhaps best known for partnering with Lazada to offer financing for its merchants. It was chosen from a group of ten
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Vietnam’s Deputy Prime Minister Says It Will Be Piloting P2P Lending Soon
Deputy Prime Minister Vuong Dinh Hue announced during a ministerial meeting recently that the Vietnamese government will soon issue a decision to allow a pilot implementation of peer-to-peer (P2P) lending before officially developing a regulatory framework for the new fundraising
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