Fintech Singapore | July 2021 - Page 2 of 8

Archive

Various

Backbase Appoints Regional Vice President To Lead Asia Pacific Expansion

Amsterdam-headquartered digital banking software provider Backbase has recently appointed Iman Ghodosi as Regional Vice President for the Asia Pacific region. The new role is based in Sydney and will see Ghodosi drive the company’s international expansion, product development, and Asia

Funding Remittance

Nium Joins the Unicorn Club With Its Latest US$200 Million Series D Fundraise

Singaporean B2B payments platform Nium is now a unicorn after having raised more than US$200 million in a Series D round led by Riverwood Capital. The firm has now raised nearly US$300 million to date. Temasek, Visa, Vertex Ventures, Atinum

InsurTech

Newly-Minted Unicorn bolt Makes Two New Key Appointments for Its Next Growth Chapter

bolt, insurtech exchange for the property and casualty insurance industry that is a part of the bolttech group, has announced two key changes to its senior leadership team to accelerate its next chapter of growth. bolttech had recently achieved unicorn

Cloud Indonesia

GoTo Group Taps Google Cloud for Next Phase of Growth Following Recent Merger

GoTo Group, a merger between Gojek and Tokopedia that was formed earlier this year, is tapping Google Cloud as its principal technology partner to power its next phase of growth across Southeast Asia. The group said that it will leverage

InsurTech Wealthtech

Prudential Makes Financial Push With New Wealth Offerings in Its Pulse App

Prudential Singapore has rolled out new wealth solutions on its health and wellness app Pulse by Prudential to make it simpler for everyone to begin their financial planning journey. The insurer will first launch the wealth solutions in Singapore with

Cloud

UOB Offers SMEs Access to Xero’s Cloud-Based Accounting Platform in Digital Push

Xero, a cloud-based accounting software for small businesses, announced that it has expanded its collaboration with UOB to offer small- and medium-sized enterprises (SMEs) that qualify for the UOB Start Digital pack free access to its platform for six months.

Blockchain/Bitcoin

Can DeFi Truly Become the Future of Financial Services?

In his book Crossing the Chasm, Geoffrey Moore suggests disruptive innovations follow an s-curve, where there is a gap or chasm between early adopters and the early majority. It would be fair to say Decentralised Finance or commonly abbreviated as

Wealthtech

How Innovation and Technology Are Leading the Way for Client-Centric Banks

Instant acknowledgements, quick processing, and personalised experiences – customers’ expectations in Asia have risen along with these developments with how financial businesses are operating and serving their clients. For many traditional incumbent banks and financial businesses, navigating this challenging landscape

InsurTech

bolttech Plots European Expansion With Its Acquisition of Swiss-Based i-surance

Singaporean insurtech firm bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Switzerland. The acquisition of i-surance extends bolttech’s global footprint from 14 to 26 markets across North America, Asia, and Europe, adding 12 new

APAC Wealth Firms Not Keeping Pace With Digital Transformation Are Destined to Fail

Refinitiv released the findings of its Wealth Management report titled “The Gold Standard of Wealth Management: Redefining investor experiences in Asia-Pacific”. The firm recently surveyed over 500 investors in Asia-Pacific to understand how their trading activities, data needs and digital