Archive
Sygnum Receives Singapore Capital Markets Services Licence
Sygnum, the digital asset technology group based in Singapore and Switzerland, announced today that it has successfully obtained a capital markets services (CMS) licence from the Monetary Authority of Singapore (MAS). The company recently received its banking and securities dealer
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NETS and ComfortDelGro Launch In-App Payment for NETS Users
NETS and ComfortDelGro Taxi announced the launch of NETS’ new in-app payment method for taxi bookings and street hail trips made through the ComfortDelGro Taxi Booking App. Named NETS Click, the initiative enables consumers to use their NETS bank cards
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CIMB Bank Reaches 1M Customers In New All-Digital Bank Model In The Philippines
CIMB Bank Philippines surpasses their targets for expanding their consumer base in the country, successfully signing up over a million Filipinos to its all-digital mobile banking platform in just 10 months. This makes CIMB Bank Philippines the fastest-growing all-digital bank
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The Salesforce Economy Will Create More than SG$7.6 Billion in New Business Revenues and 8,500 Jobs in Singapore until 2024
Salesforce, the global leader in CRM, announced new research from IDC that finds Salesforce and its ecosystem of partners will create 8,500 new direct jobs and SG$7.6 billion (USD $5.6 billion) in new business revenues in Singapore from 2019 through
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Digital Financial Services Revenue in Southeast Asia Set to Jump from US$11 Billion in 2018 to US$60 in 2025
Among the findings of a recent report, Fulfilling its Promise – The Future of Southeast Asia’s Digital Financial Services Industry, from Bain & Company, Google and Temasek, it shows that Southeast Asia represents one of the world’s largest and fastest-growing
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Indonesia’s P2P Lending Sector Sees 642% Growth in Disbursements
Peer-to-peer (P2P) lending is a booming sector in Indonesia’s rapidly growing fintech industry, representing 43% of the country’s fintech companies, according to a paper by the Asian Development Bank Institute released earlier this month. In December 2018, disbursement of credit
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Essential Tips for Incumbents Looking to Work with Fintech Startups
The fintech ecosystem has grown tremendously, it is a fact that is obvious to anyone who is paying even the slightest attention to the space. As the ecosystem grows, so does the difficulty of navigating it become. Given that incumbent
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Singapore’s Blockchain Map Proves That It Is a Hotbed for Blockchain Innovation
Singapore has long established itself as the leading fintech hub in South East Asia, of late it also increasingly becoming a hotbed for blockchain innovation. The city-state is home a healthy blockchain ecosystem comprising numerous players tackling areas ranging from
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Revolut Finally Launches in Singapore
London based fintech Revolut officially announced the launch of its services in Singapore today. As early as last year the company has been stating that they “are launching soon” in Singapore. Fintech News Singapore anticipated in an earlier report that
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Digital Wallet Corporation Enters Philippines with Fintech Acquisition
Digital Wallet Corporation (DWC) today announced its entry to the Philippines through the acquisition of a licensed remittance and foreign exchange company, Speed Money Transfer Philippines, Inc. (SMTP) with operations in the Philippines and Australia. With this acquisition, SMTP is
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