Fintech Singapore | July 2019 - Page 2 of 6

Archive

Blockchain

IEOs On The Rise Amidst Crypto Summer

“Crypto summer” is finally here as the industry once again enters the mainstream, according to a new report by CoinGecko, a cryptocurrency market data aggregator. According to the 2019 Quarter 2 Cryptocurrency Report, the quarter witnessed an astonishing 125% increase

Various

Surviving 150 Press Releases Daily, A Behind The Scenes Look at Fintech News Network

The Fintech News Network have been on the forefront of delivering the latest stories and insights since 2014, our Founder and CEO Christian recently sat down for an interview with Telum Media, one of the leading PR & journalist platform

InsurTech Vietnam

Singapore’s CXA Group Sets up a Tech Hub in Vietnam to Deepen AI Capabilities

Following their US$ 25 Million fund raising round, CXA announced that they are setting up a Tech Hub in Ho Chin Minh, Vietnam. CXA describes itself an AI driven platform for better health, wealth and wellness choices. The new launched

Blockchain Philippines Remittance

UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines

UnionBank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform. Amid a

Travel

Travelstop Raises $3M To Modernise Business Travel in Asia

Singapore-based startup Travelstop is reimagining business travel and expense management in Asia. In its efforts to modernise the industry, the firm has raised US$3 million in Pre-Series A funding led by Silicon Valley-based venture capital firm Accel, with participation from Strive (formerly

Financial Inclusion Funding

SoCash Sees Participation from Vertex Ventures in its US$ 6 Million Series B Round

SoCash, a Singapore based fintech announced today that it has raised US$ 6 Million in its Series B funding round led by Japan based cashed automation player Glory Ltd and participated by Standard Chartered’s SC Ventures alongside Vertex Ventures. SoCash’s

Mobile Payments

SWIFT Sees Success on Global Trial for “gpi Instant” with Singapore’s FAST

SWIFT today announces the results of a global trial to integrate SWIFT gpi Instant, the co-operative’s cross-border instant payments service, into Singapore’s domestic instant payment service, Fast And Secure Transfers (FAST). The successful trial which involved 17 banks across seven

Mobile Payments Vietnam

Vietnam Central Bank Has Only Granted 4 Payment Licenses Over the Past 16 Months

The State Bank of Vietnam (SBV), the country’s central bank and main financial regulatory agency, has only granted payment licenses to four companies since April 2018. According to SBV’s website, Smart Net, Endenred, Paytech and EPay are the latest four

Financial Inclusion Philippines

Philippines’ 7-Eleven to Deploy 300 ATMs By Next Year

Philippines’ 7-Eleven is eyeing to deploy 300 ATMs in Metro Manila by next year. In doing so they will be teaming up with Japan’s Seven Bank, who is currently operating a network of 18,000 ATMs across 7-Eleven’s in Japan through

India Infographic Personal Finance Mgt (PFM)

Fintech Infographic of the Week: Making Investing More Accessible with Decentralized Finance

Across the globe, access to financial markets diverges dramatically from one country to another. While in the US about 52% of people are investing in the stock market, in emerging countries like India and Mexico, the figure drops significantly with