December 2021 - Page 2 of 5 - Fintech Singapore

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Funding

Sleek Extends Series A Funding Round to US$25 Million

Sleek, a platform providing incorporation and accounting services for SMEs and entrepreneurs, announced that it has extended its Series A round to US$ 25 million, with the participation of Singapore-based global investor EDBI and existing investors, in a mix of

e-Commerce Fraud Blog

Types of E-Commerce Fraud and How to Protect Against Them

E-commerce retailers deal with an average of 206,000 web attacks per month. Understanding the various types of e-commerce fraud is essential if you want to know how to effectively stop them. As consumers continue to shift towards purchasing products primarily

Remittance Thailand

Krungthai Bank Leverages Nium’s Payment Rails for Cross Border Payments

Global payments platform Nium and state-owned Krungthai Bank, has announced a strategic partnership to enhance global transfer offerings for both corporate and individual customers across Thailand. Through this partnership, Krungthai will leverage Nium’s vast payment rails to enhance the cross-border

Lending Sponsored Vietnam

CIMB Bank Vietnam and F88 Form Partnership to Boost Financial Inclusion

Lending platform F88 Business has entered into a new strategic partnership with CIMB Bank Vietnam to promote financial inclusion to the unserved and underserved sector of the economy. According to the latest figures from the General Statistics Office (GSO), Vietnam

Blockchain Indonesia

Binance and Telkom Indonesia’s MDI to Develop a Local Digital Asset Exchange

Crypto exchange platform Binance has established a joint venture with a consortium led by MDI Ventures to develop a new Indonesian-based digital asset exchange. MDI is a US$830+ million multi-stage venture capital arm of Indonesia’s largest telecoms company, Telkom Indonesia.

E-commerce E-wallets

E-Wallet Adoption in E-Commerce Still Low Despite Growth in Mobile Users

Across Southeast Asia, mobile phone usage is booming, driving with it the rise of mobile commerce. In Singapore and Malaysia, more than 50% of e-commerce traffic comes from smartphones, a new survey by Stripe found. The study, which polled consumers

Various

Singapore Exchange Mandates Climate and Board Diversity Disclosures From 2022

The Singapore Exchange (SGX) has unveiled a roadmap which will require companies to provide climate reporting as well as setting board diversity policies beginning from next onwards. All issuers must provide climate reporting on a ‘comply or explain’ basis in

Cambodia Digital Transformation

Cambodia’s ACLEDA Bank Taps Diebold Nixdorf to Enhance Self-Service Experience

Cambodian retail bank ACLEDA Bank Plc. has selected Diebold Nixdorf, an American multinational financial and retail technology company driving connected commerce, to provide its customers with new self-service capabilities at each of its branches. ACLEDA Bank will be tapping Diebold

Australia Lending

Tradeplus24 Undertakes US$100 Million Debt Facility to Fuel Growth

Tradeplus24 Australia, a small and mid-size enterprise (SME) lending fintech, has restructured US$25 million of its existing debt facilities to underpin the execution of a material debt transaction of over US$100 million and reduce its cost of funding by 4