Archive

Bitkub Minted as Thai’s First Crypto Unicorn With SCB’s US$535 Million Deal

SCBx Group, the holding company of Siam Commercial Bank (SCB), announced that it has acquired a 51% stake in Thailand’s digital asset exchange Bitkub for approximately 17.85 billion baht (US$535.9 million), in a push into the digital assets business. This

Read More

DBS to Invest S$300 Million Next Year to Step up Its Tech and AI Game

DBS announced that it will invest S$300 million next year to grow the breadth and depth of its digital and intelligent banking capabilities powering all products and solutions for wealth and retail customers. This will also further bolster hyper-personalised experiences

Read More

ADVANCE.AI Integrates Ekata’s B2B Digital Identity Solutions Into Its Services

Ekata, a Mastercard company that empowers businesses to enable frictionless transactions and combat fraud, announced a partnership with Singapore-based artificial intelligence (AI) and big data company ADVANCE.AI to offer B2B digital identity solutions and risk products across South and Southeast

Read More

Dell Technologies Launches Financing Arm for Firms in Singapore

Dell Technologies is launching its financing arm Dell Financial Services (DFS) in Singapore, as part of an expansion strategy to provide financing alternatives to its regional and global customers with a local presence. DFS offers a payment solutions portfolio that

Read More

Temasek-Backed ShopBack Acquires APAC BNPL Player hoolah

Shopping and rewards platform ShopBack announced that it has acquired hoolah, a buy now, pay later (BNPL) platform. Details of the deal were not disclosed. The deal comes on the heels of ShopBack’s recent US$40 million funding round led by

Read More

Pakistan’s Fintech Ecosystem Gets a Boost

Despite a growing population and a large pool of unbanked, Pakistan has been a relatively slow-mover within the digital finance space, but new opportunities brought about the COVID-19 pandemic and government-led initiatives are expected to fuel growth. Out of a

Read More

Here are MAS’ Finalists for the Global Fintech Hackcelerator and Fintech Awards 2021

The Monetary Authority of Singapore (MAS) announced the finalists for the Global Fintech Hackcelerator, as well as the Global Fintech Awards that will be a part of the Singapore Fintech Festival (SFF). These awards are among the key highlights of

Read More