Fintech Singapore | December 2020 - Page 6 of 6

Archive

Payments

CardUp’s New Solution Enables Businesses to Use Credit Cards for Overseas B2B Payments

CardUp, a digital credit card enablement platform, has launched a new solution that enables businesses to instantly access credit on international payments at competitive rates. While the global remittance market is dominated by bank to bank transfers, CardUp enables these

Funding Virtual Banking

Challengers Bank Raised Over US$6.8 Billion in 2020 to Disrupt Traditional Banking

Challengers banks continue to attract investors’ interest, raising US$2.4 billion through 58 deals in Q3’20. This brings the total amount of funding raised by digital banking players so far this year to more than US$6.8 billion, according to CB Insights’

Financial Inclusion Vietnam

ABD: Low Financial Literacy Hampering Fintech Adoption in Vietnam

A new research conducted by the Asian Development Bank Institute (ADBI) has revealed a correlation between financial literacy and fintech adoption in Vietnam. The report calls for the country to put more effort into general and financial education programs to

InsurTech

MSIG Introduces Insurance Plan for Gig Workers

MSIG Insurance (MSIG) has introduced Freelancer CashPlus, an insurance plan that dispenses daily cash benefits to help gig workers safeguard against income loss during a prolonged illness or injury. According to the Ministry of Manpower, the number of freelancers stood

Mobile Payments Thailand

Rapyd Kicks off in Thailand Partnering Leading Thai Payment Solution Providers

Rapyd, a Fintech-as-a-Service company, has announced the launch of its ‘all-in-one’ suite of payment capabilities in Thailand which is its seventh global market. Rapyd’s solution is a comprehensive set of local and international payment methods that includes local ewallets, bank