Archive

STACS Joins Mastercard’s Start Path Blockchain Programme

Singaporean blockchain development company Hashstacs (STACS) announced that it is joining Mastercard’s new global startup engagement programme Start Path. The programme is dedicated to supporting fast-growing blockchain and digital assets companies. STACS said in a statement that it is one

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Fintech Innovation Key to Improving Financial Awareness and Accessibility in Vietnam

A recent study of 2,000 global consumers by Mambu, a banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to

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Virtual Card Payments Are Picking Up Pace, India To See Strong Growth

The global pandemic forced people, even the less tech-savvy ones, to shift from a physical world to a virtual one. Whether it was shopping or team meetings at work, almost overnight, they were shifted to digital mediums. While everyone hopes

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MAS’ Singapore Fintech Festival 2021 Kicks Into High Gear

The Monetary Authority of Singapore (MAS) announced that the Singapore Fintech Festival (SFF) will take place from 8 to 12 November, as a hybrid digital and physical event. A company limited by guarantee (CLG) will also be incorporated to spearhead

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Huawei Vows To Enable Digital Ecosystem-Based Finance in APAC

Huawei held its first virtual Asia-Pacific Intelligent Finance Summit 2021 with the theme “Accelerate Digital Transformation in Banking, New Value Together” on 29 July 2021. As economies across the Asia-Pacific region continue to recover and rebound, leading banks and financial

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Unpacking the Rise Behind Buy Now Pay Later (BNPL) Schemes

Strong growth in e-commerce has been a catalyst to the boom of buy now, pay later (BNPL) and other alternative payment methods. By 2024, it’s estimated that BNPL arrangements will account for 4.2% of global e-commerce payment methods, according a

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Rapyd Secures US$300 Million From Series E Fundraise To Support Its Expansion Plans

Rapyd, a Fintech-as-a-Service company which provides APIs that helps integrate local payments and fintech capabilities, announced a US$300 million Series E funding round led by Target Global. Joining the round are several new investors including funds managed by Fidelity Management

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Independent Reserve Gets MAS’ First in-Principle Approval for Digital Payment Tokens

Australian cryptocurrency exchange Independent Reserve has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a regulated provider for digital payment token (DPT) services. According to a statement from the Independent Reserve, the firm said that

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Indonesian BNPL Platform Kredivo Poised for an IPO Through US$2.5 Billion SPAC Deal

FinAccel, the parent company of Buy Now, Pay Later (BNPL) platform Kredivo, plans to go public through a special purpose acquisition company VPC Impact Acquisition Holdings II (VPCB) sponsored by Victory Park Capital (VPC), valuing it at US$2.5 billion. VPC,

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9 Fintech Awards and Startup Competitions to Apply for ASAP

Startup competitions are the perfect platform for young and promising startups to gain international exposure, funding and mentorship. During these events, startup founders get to pitch to multiple investors, gain visibility, connect with industry leaders, and get valuable feedback. With

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