Archive

MC Payment Is Now Listed on the Singapore Exchange’s Catalist

MC Payment Limited announced that is now listed on the Singapore Exchange’s (SGX) Catalist, claiming to be the first digital payments company to do so. With a market capitalisation of about S$139 million, the listing of MC Payment Limited brings

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Former UOB Exec Pauline Sim Joins Sleek’s Management Team

Pauline Sim, former United Overseas Bank’s (UOB) Senior Vice President, has joined Singaporean fintech startup Sleek as its new Head of Fintech and Strategic Partnerships. In her new role, Sim will oversee the development of financial services and digital solutions

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DBS Enables SMEs to Open Accounts Using Facial Biometrics

DBS is using facial biometrics for online corporate account opening for SMEs to speed up information authentication and verification. This new feature runs on the Government Technology Agency of Singapore’s (GovTech) SingPass Face Verification technology, and DBS claims to be

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TransferWise Rebrands to Wise Ahead of Singapore Office Expansion

London-based fintech unicorn TransferWise announced its rebranding to Wise and the strengthening of its Asia Pacific presence with the expansion of its office in Singapore. Originally launched in 2011 as a money transfer service for people, the company has expanded

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GameStop Mania Fuels Market Trends

By now, you’ve probably heard about the GameStop shares saga, which saw the about-to-tank software company experience a sudden rise to fame in the financial markets this year. In fact, the video game retailer has experienced an unprecedented 275% increase

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LexisNexis and Accuity Inks Deal for a Merger

Accuity and LexisNexis Risk Solutions have announced that they will be merging operations where the former will be a part of the LexisNexis Risk Solutions Group which operates in more than 100 countries. Both businesses are a part of RELX,

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Funding Societies Crosses the S$2 Billion Mark in SME Loan Disbursals

Funding Societies, a Southeast Asian SME digital financing platform, announced that it has made S$2 billion in disbursals of business financing to small and medium sized enterprises (SME) across the region as it enters its sixth year of operations. Funding

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BioCatch Secures Patent for Authenticating Users of Mobile Devices, Expands in APAC

BioCatch, a digital identity company announced that it has received a registered U.S. patent for its method of verifying a user’s identity and detecting fraud, based on the manner in which the user holds and uses their mobile device. This

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Blockchain Firm Lightnet Expands Payout Services Across SE Asia With MoneyGram

Blockchain firm Lightnet has announced its collaboration with MoneyGram, a provider of cross-border P2P payments and money transfers. The integration and implementation of Lightnet’s technology with MoneyGram‘s money transfer services provides customers with a wide selection of payout services across

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Revolut Singapore Launches Financial App for Children

Revolut has introduced a financial app designed for kids which is controlled by a parent or a legal guardian and is now available to its customers in Singapore. Revolut customers can set up a Junior account for free. Revolut Junior

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