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MAS Launches S$5 Million Grant to Fund Scalable Blended Finance Solutions
The Monetary Authority of Singapore (MAS) and Convergence Blended Finance, a global network for blended finance, announced the launch of a S$5 million Asia Climate Solutions Design Grant at the inaugural Transition Finance Towards Net Zero (TFNZ) conference yesterday. Hosted
Read MoreSygnum Partners With T&B Media to Raise US$300M to Fund Its Metaverse Platform
Sygnum, a digital asset technology group with a Singapore capital markets services (CMS) license, announced it is partnering Thai media and entertainment group T&B Media Global to raise over US$300 million to fund its new interconnected metaverse platform. The raise
Read MoreADVANCE.AI Ties up With Visa to Enhance Its Credit Decisioning Services
ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company, is partnering with Visa to enhance its credit decisioning for the unbanked and underbanked segments across Southeast Asia. The strategic data partnership will see ADVANCE.AI integrate Visa’s Cardholder Transaction Score
Read MoreHere’s What You Need to Know About Singapore’s Talent in Finance Programme
The Monetary Authority of Singapore (MAS) says that leadership development is an important area of focus for the Talent and Leaders in Finance (TLF) programme under the Financial Services Industry Transformation Map 2025. The Financial Sector Development Fund (FSDF) has
Read MoreShopBack Raises Additional US$80 Million From Temasek’s 65 Equity Partners
Shopping and rewards platform ShopBack announced that it has extended its Series F funding round with US$80 million of equity capital from Temasek’s 65 Equity Partners. The completion of the raise is subject to customary regulatory approvals. This follows an
Read MoreSingapore Gears up for Next Phase of Growth for SGQR
Singapore has big plans for its national QR code payment standard. The country wants to establish its Singapore Quick Response Code (SGQR) as a top mobile payment method at physical stores, and is pursuing linkage opportunities with other national QR
Read MoreRevolut Introduces an In-App Educational Feature for Its Singapore Users
Revolut, a global financial super app with more than 20 million customers worldwide, has launched an in-app educational module to help its Singaporean users learn more about the specific risks, nature and characteristics of cryptocurrencies. The new ‘Learn’ feature is
Read MoreVietnamese Digibank Timo Promotes Jonas Eichhorst as New CEO
Vietnam-based digital bank Timo announced that its Chief Financial Officer, Jonas Eichhorst has been promoted as CEO and will retain his position on the board of directors. In his new leadership role, Jonas will continue to work closely with Henry
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