Archive
MAS Earmarks US$1.8 Billion for Its Sustainability Efforts
The Monetary Authority of Singapore (MAS) will be allocating US$1.8 billion into climate-related investment opportunities which was announced during the launch of its inaugural sustainability report. The funds will be managed by five asset managers, who are yet to be
Read More
Nityo Invests US$100 Million in MatchMove to Become Its Largest Shareholder
IT services provider Nityo Infotech has invested US$ 100 million in Singaporean fintech MatchMove Pay in return for a significant equity stake, becoming the largest shareholder in the latter’s firm. Nityo said in a statement that it values the company
Read More
Broadridge Ties Up With AWS to Extend Its DLT-Based Private Market Hub
Broadridge Financial Solutions, a US-based technology solutions provider, has partnered with Amazon Web Services (AWS) to extend its Private Market Hub platform. The platform utilises distributed ledger technology (DLT) to better streamline and connect the private equity ecosystem and assets.
Read More
SaaS Platform Stemly First to Spin Out From ING Labs Singapore With US$2.5 Million
ING announced that Stemly, a software as a service platform, is the first initiative to be spun out of ING Labs Singapore and will receive an investment of US$2.5 million. Venture capital fund Elev8, ING Ventures and EDB New Ventures,
Read More
How Are Cryptocurrency Exchanges Regulated in Singapore?
In Singapore’s journey to becoming a Smart Nation, the financial sector is an integral component to achieve this mission. But for Singapore to maintain its competitive edge as a global financial hub, both technology and innovation play important roles. Hence,
Read More
Huawei Certifies and Offers Temenos’ Cloud-Native Core Banking Solution
Huawei and Swiss banking software company Temenos announced a partnership to offer Temenos’ cloud-native core banking solution on the Huawei Public Cloud. Temenos is the first core banking software to be certified with the Huawei Public Cloud and its infrastructure.
Read More
Rapyd Creates Venture Arm to Invest in Early Stage Fintech Startups
Rapyd, a global Fintech-as-a-Service company, announced the launch of Rapyd Ventures, its new venture arm that will focus on investing in early and growth stage businesses. The new venture arm will be led by Joel Yarbrough, MD of Rapyd Ventures
Read More
Gojek-Backed Bank Jago Ties up With Mambu and Google Cloud
Bank Jago, a Gojek-backed Indonesian bank, has selected Mambu’s SaaS banking platform as its technology foundation as the bank begins its journey towards operating as a technology based-bank. Mambu’s innovative, flexible and responsive digital banking platform will underpin Bank Jago’s
Read More
Techcombank Ramps up Digitisation Efforts With Backbase Partnership
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has chosen digital banking software provider Backbase to accelerate the digitalisation of its retail and corporate omni-channel engagement. Techcombank will leverage Backbase’s platform to innovate and design new digital financial services experiences
Read More
The Alibaba of SEA? How GoTo Is Shaking Up Fintech in the Region
Has the Southeast Asian startup ecosystem ever witnessed a quarter more exciting than the current one? We entered the second quarter with Grab’s blockbuster SPAC listing. Valuing the super-app at US$40 billion and being the largest SPAC deal to date,
Read More