Archive
7 Upcoming Fintech Online and Hybrid Events in Singapore
The momentum continues for Singapore’s fintech industry as funding reached a three-year high in deals transacted in H1 2021. 72 funding rounds worth US$612.2 million were closed in the six-month period ending June 30, up 22% year-on-year, new data from
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Digital Technologies to Bolster Islamic Finance Market in Indonesia
Banking and financial services platform Mambu released its research series named the Disruption Diaries which seeks to understand what people think of the key trends driving the development of financial services. In Mambu’s third edition, the firm conducted a global
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Indonesian P2P Lender Ringan Deploys OneConnect’s Digital Lending Solutions
Peer-to-peer lending app Ringan, deploys a suite of digital lending solutions built by OneConnect Financial Technology, an associate of Ping An Group, to provide Indonesians a seamless and secure loan application experience. The digital solutions automate and simplify Ringan’s loan
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US, MAS Announce Cybersecurity Cooperation During Kamala Harris’ Visit
The United States Department of the Treasury and the Monetary Authority of Singapore (MAS) has finalised a bilateral Memorandum of Understanding (MoU) on cybersecurity cooperation during US Vice President Kamala Harris’ visit to Singapore. MAS said in a statement that
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Forex Suggest Expands Into 40 Languages Including Malay
With continuous growth and expansion of the Internet and supporting technologies, more people are being connected and it has become the default point of call for both businesses and individuals searching for goods, services, and information. With rapid developments in
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Alibaba Taps Payments Firm WorldFirst To Boost Singapore SMEs’ Overseas Expansion
Alibaba Group’s B2B marketplace Alibaba.com has partnered with WorldFirst, a international payments platform, to help Singapore’s small and medium-sized enterprises (SMEs) bolster their digital presence and expand their sales internationally. WorldFirst will become Alibaba.com’s official channel partner in Singapore, helping
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Mambu’s Finding Reveals Risks if Banks Do Not Evolve
Banking and financial services platform Mambu shares its “Reinventing Banks as Disruptors” whitepaper to help financial institutions get ready for the future of core banking. Technology is evolving faster than ever and it is becoming challenging for banks to continue
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Binance Appoints ADGM’s Senior Exec as CEO To Get Ahead of Regulatory Concerns
Singaporean crypto exchange platform Binance appointed Richard Teng, the former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM) as its Chief Executive Officer. Teng played a pivotal role in enabling ADGM to gain international recognition by
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Singapore Fintech Unicorn Startups: Past, Present, and Future
Singapore was recently ranked the fourth-best country globally for unicorn startups by Money.co.uk, a financial research website, which reported that it takes an average of 6 years and 11 months for Singapore’s unicorns to reach a valuation of US$1 billion.
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Former Lazada Execs’ Insurtech Lifepal Raises US$9 Million in Series A Fundraise
Lifepal, an Indonesian digital direct-to-consumer (D2C) insurance marketplace, announced it has raised an oversubscribed US$9 million Series A funding round, bringing the total capital raised to US$12 million. The funding round was led by ProBatus Capital with participation from Cathay
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