Archive
Despite Soaring Funding and Valuations, Indian Fintechs Struggle to Turn a Profit
India’s fintech industry has grown as a rapid pace over the past years, and stands today as the world’s third largest fintech startup hub. Locally, fintech companies raised a staggering US$29 billion in funding in the first seven months of
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MAS Collaborates With India’s IFSCA to Drive Fintech Innovation
The Monetary Authority of Singapore (MAS) and India’s International Financial Services Centres Authority (IFSCA) has signed a co-operation agreement to facilitate regulatory collaboration and partnership in fintech. Based in Gujarat, IFSCA is a unified authority for the development and regulation
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BNB Chain and Google Cloud Partner to Support Web3 and Blockchain Startups
BNB Chain and Google Cloud have formed a partnership to provide early stage Web3 and blockchain projects with foundational infrastructure, cloud computing credits, mentorship, and enhanced technical support. BNB Chain, a combination of BNB Beacon Chain and BNB Smart Chain,
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B2B Fintech Platform Fazz Raises US$100M Series C Led by Tiger Global
Southeast Asian fintech Fazz — a business account for businesses of all sizes to pay, save and get credit — has raised US$100 million in Series C funding. The US$75 million in equity includes investment from existing investors such as
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WhatsApp Puts Focus on Small Businesses; Bets on Social Commerce and Chat-Based Experiences
Social networking giant Meta Platforms is targeting opportunities related to commerce and payments, leveraging on the popularity of WhatsApp in emerging markets to establish the messaging app as a core communication tool and sales channel for small businesses. This ambition
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Singapore Poised to Become a Wealthtech Powerhouse
Singapore’s wealthtech sector is growing at a fast pace. Amid soaring venture funding and booming adoption of robo-advisors, the city-state is on a path to becoming a leading wealthtech hub in Asia-Pacific (APAC), a new report by KPMG and Endowus,
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Are You Ready for Emerging Fintech Opportunities?
From digital currencies to non-fungible tokens (NFTs), emerging technologies can streamline workflows, supercharge growth and unlock new streams of revenue. Digital transformation is disrupting nearly every industry, and the financial services sphere is no exception: Singapore, specifically, is home to
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MAS to Level Up Singaporeans’ Financial Health With New MoneySense Campaign
MoneySense’s “Level Up Your Financial Health” campaign has launched and will run until end November with in-person and mass media education programmes, as well as complimentary financial planning services and tools on its website. Created in 2003, MoneySense is Singapore’s
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17 Fintech and Insurtech Startups Among Forbes Asia’s Top 100 to Watch in 2022
Forbes Asia has released its 2022 “100 to Watch” list recognising the top 100 fastest-growing startups and small companies in the Asia Pacific region. This year’s list include 17 startups in the fintech and insurtech sectors tackling a broad range
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Craig Bennett Is Temenos’ New APAC Managing Director
Banking software company Temenos announced that Craig Bennett has been promoted to Managing Director – Asia-Pacific, responsible for driving strategy and execution in the region. Temenos continues to see strong momentum across the region, with recent milestones such as the
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