Archive
Oracle Pledges US$3m in Singapore as It Deepens Cloud Business in Asia
Computer technology giant Oracle is boosting its cloud business in Asia. Oracle’s investment in Singapore involves the opening of the Oracle Cloud Singapore Region, bringing the total of the firm’s cloud regions globally to 33. The new cloud region will be
Read More
Putting CISOs and Security Teams at the Heart of Digital Transformation Strategies
In a matter of weeks, COVID-19 forced radical changes in customer behaviour, moving significant portions of the economy online and increasing customers’ comfort and willingness to engage digitally. It has dramatically accelerated the rate of digital adoption in financial services
Read More
Launch of ‘Homo Spacien‘ NFT Collection Shows How Space Travel Will Shape Human Evolution
Vizzio Art Creators Lab (VACL), part of Vizzio Art, a European provider of digital wall art technology, announces the launch of a limited NFT collection ‘Homo Spacien’. The uniquely crafted series will conceptualize how humanity continues to evolve in parallel
Read More
Bezos-Backed E-Commerce Firm Ula Bags US$23.1 Million in Series B Extension
Indonesian B2B e-commerce marketplace Ula announced that it has secured an additional US$23.1 million funding in an extension of its Series B funding round from American investment firm Tiger Global. Binny Bansal, co-founder of Flipkart also participated to complete Ula’s
Read More
Sleek Raises US$14 Million in Series A Fundraise to Expand Its Global Footprint
Sleek, a platform providing incorporation and accounting services for SMEs and entrepreneurs, announced it has secured US$14 million in a Series A funding round led by White Star Capital and Jungle Ventures, bringing its total funds raised to US$24 million.
Read More
Coinhako Gets MAS’ In-Principle Approval for Digital Payment Tokens Services
Singaporean cryptocurrency platform Coinhako has been issued an in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services under the Payment Services Act (PSA) as a major payment institution. Coinhako said that it is currently
Read More
KASIKORNBANK Sets up Its First Vietnamese Branch in Ho Chi Minh City
Thailand’s KASIKORNBANK (KBank) announced that it has opened a branch in Ho Chi Minh City with the aim of linking the trade and investment network within the ASEAN region. This will be KBank’s first branch in Vietnam, and its tenth
Read More
“No Pressing Need” for a Digital Singapore Dollar Despite Benefits
There is “no pressing need” for a retail central bank digital currency (CBDC) in Singapore at this point in time, but market shifts and changing customer expectations are nevertheless forcing the central bank to prepare for a possible issuance in
Read More
MAS, Singapore Fintech Association Announces the Winners of SFF Global Fintech Awards
The SFF Global FinTech Awards brings together the Fintech Awards previously presented separately by the Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) at the Singapore Fintech Festival. The theme for this year’s Awards is “Emerging from
Read More
Check Out the Winners of the Green Finance Themed Global Fintech Hackcelerator
The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) announced the award winners of the Global Fintech Hackcelerator at the Singapore Fintech Festival. The theme for this year’s Global Fintech Hackcelerator is “Harnessing Technology to Power Green
Read More