Archive

5 Steps Of An Effective KYB (Know Your Business)

What do you know about the businesses that you are working with? Your partners, clients, suppliers? How can you make sure that they are real companies but not shell companies? Where do they get money from? Where does their money

Read More

Robo-Advisor Endowus Aims to Improve CPF Investment while Lowering Cost

The COVID-19 health crisis and the related protection measures put in place have critically impacted economic activity, with the International Monetary Funding (IMF) projecting a contraction of the global economy by 3% in 2020 as a result of the pandemic

Read More

Rapyd: E-Wallet Popularity on The Rise in Asia Pacific

In Asia Pacific (APAC), adoption of fintech applications including digital wallets is booming, according to a new study by Rapyd, a global Fintech as a Service company. Rapyd, which surveyed 3,500 online consumers in APAC in March and April 2020,

Read More

Insurtech Raising Plummets by 50% in Q1 2020 — Report Suggest COVID-19 As a Cause

Despite the clear impact of COVID-19 on InsurTech investment worldwide during Q1, insurtechs saw a decline in funds raised compared to 2019. Insurtechs raised a total of US$912 million during the first three months of 2020, according to the new

Read More

Razer Fintech’s Digital Hackathon Calls on Singapore’s Youth to Solve COVID-19 Banking Challenges

Razer’s financial technology arm, Razer Fintech, is launching its first-ever digital hackathon in Singapore, scheduled for 15 May 2020 to 17 May 2020, where Razer Fintech will continue to support and resolve issues faced by the youth and local startups

Read More

A Look at Singapore’s Updated Income Tax Guide for Digital Tokens

The Inland Revenue Authority of Singapore (IRAS) released on April 17 an e-Tax Guide on the income tax treatment of transactions involving digital tokens, as well as initial coin offerings (ICOs). The guide focuses on three types of digital tokens,

Read More

COVID-19 Solidarity: How Fintechs Are Offering Support to Other Fintechs in Asia

The COVID-19 pandemic is impacting businesses of all sizes and in all industries. Around the world, fintechs are showing solidarity by deploying resources to help their community navigate the storm. Today, we look at some of the initiatives launched by

Read More

4 Fintechs in Myanmar to Watch

When it comes to fintech, Myanmar has a lot of catching up to do. With a little over a dozen companies compared to about 150 in Vietnam, and over 490 in Singapore, the Burmese fintech sector still trails far behind

Read More

5 Fintechs in Cambodia to Watch

Cambodia’s fintech industry is still nascent and though lacks behind its ASEAN neighbors including Singapore and Vietnam, the sector is growing steadily on the back of rapid adoption of digital payments and a large population of unbanked. As of early

Read More