Archive
Year End Message to Our Readers – Offline From 23rd December to the 2nd January
Fintech News Singapore would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 23rd December 2021 to the 2nd January 2022. Until
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Fintech in Singapore: 2021 in Review
In 2021, Singapore continued to pursue its ambition to become a world leader in fintech innovation, multiplying initiatives to foster green fintech, explore opportunities related on central bank digital currency (CBDC), and lay the foundation for open finance. Leading fintech
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Binance Inks Deal to Set Up Virtual Assets Hub in Dubai
Crypto exchange platform Binance announced that it has signed a Memorandum of Understanding (MoU) with the Dubai World Trade Centre Authority (DWTCA) to set up a virtual assets hub. Binance said that its goal was to assist crypto exchanges, businesses that
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Australia’s Thriving Fintech Sector Creates Jobs, Attracts Record Funding
Australia’s fintech industry is thriving, creating thousands of new positions, attracting record investment and turning on revenue streams quickly. These players are now expanding globally, turning to markets including the UK, the US, Singapore, Canada and Indonesia, according to the
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To Build or to Buy, the Defining Payments Decision Merchants Must Confront
Asia-Pacific is propelling the retail industry, generating about three-quarters of global growth. By 2025, Asia Pacific’s e-commerce sales are expected to nearly double and reach US$ 2 trillion. This unprecedented and accelerated growth is great news for merchants across Asia,
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Vietnamese E-Wallet MoMo Joins Unicorn Club With US$200 Million Series E
Vietnamese e-wallet M-Service which operates under the MoMo brand announced it has raised US$200 million Series E in a funding round that was led by Mizuho Bank, a subsidiary of Mizuho Financial Group. With this latest fundraise, MoMo is now
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India’s Razorpay Valued at US$7.5 Billion With US$375 Million Series F
Indian payment gateway provider Razorpay has secured US$375 million during a Series F funding round, pushing its valuation to US$7.5 billion. This funding round was co-led by Lone Pine Capital, Alkeon Capital and TCV and also saw participation from existing
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Tutuka, Paymentology Merge to Form New Payments and Card Processing Powerhouse
Issuer processors Paymentology and Tutuka announced that both entities are merging to create a new payments and card processing powerhouse. Operating under the Paymentology name, the merger creates a new force in payment solutions which gives banks and fintechs the
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Google Cloud Appoints Sherie Ng to Lead Operations in Singapore and Malaysia
Google Cloud has announced the appointment of Sherie Ng as Country Director of Google Cloud’s business in Singapore and Malaysia. She will be responsible for leading revenue and go-to-market strategy and operations for Google Cloud Platform and Google Workspace, and
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Here Are the Key Findings From OneSpan’s Global Financial Regulations Report
OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year’s report also reveals how
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