Archive
CIMB Philippines Partners SeaMoney to Onboard 2.5 Million BNPL Customers in 2023
CIMB Bank Philippines has partnered with Southeast Asia’s digital payments provider SeaMoney to onboard 2.5 million customers for its Buy Now, Pay Later (BNPL) platform SPayLater in 2023, doubling the 1.3 million users SPayLater currently has in the country. SPayLater
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Trust Bank Selects Thought Machine to Power Singapore’s New Wave of Digital Banks
Thought Machine, a cloud-native banking technology company, announced that it is powering Singapore’s cloud-native digital bank Trust. Leveraging Thought Machine’s technology, Trust has designed a world-class solution with an intuitive customer experience combining best-in-market rewards with a suite of products.
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Funding Societies Thailand Surpasses THB 1 Billion in Loan Disbursements
Funding Societies a Southeast Asian Small and Medium Enterprises (SME) digital financing platform, announced that its Thai business has reached THB 1 billion (US$ 27.8 million) in loan disbursements for year-to-date (YTD) 2022. The company said that it is looking
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Igloo Extends Series B to US$46 Million, Eyes M&A Opportunities
Insurtech firm Igloo announced that it has raised an additional US$27 million in its Series B extension, bringing its total funds raised for this tranche to US$46 million. The initial Series B capital raise of US$19 million in March this
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MAS Says Singapore Banks’ Exposures to Cryptoassets Are Insignificant
Singapore’s Senior Minister and Minister in charge of the Monetary Authority of Singapore (MAS) Tharman Shanmugaratnam said that banks in the country are required to hold S$125 of capital against an exposure of S$100 to a cryptoasset like Bitcoin. In
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Temasek Expands Global Footprint With 13th Office in Paris
Singapore-based investment company Temasek announced that it will open its third European office in Paris, which will be operational in H1 2023. Temasek said that the new office will strengthen its global network, help enhance access to deal flow, partnership
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While Retail Crypto Is Bearish, Institutional DeFi Picks Up Steam
Institutional decentralized finance (DeFi), a trend that refers to the combination of DeFi software protocols with appropriate safeguards to ensure financial integrity, regulatory compliance and customer protection, is a fast-growing sector that’s emerging on the back of accelerated product innovation,
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A Freelancer’s Guide to Making Money Online in Thailand
Making money online is one of the top ways to earn a lot of money in a short period of time today. Especially after the COVID pandemic, a lot of businesses have switched to remote environments, enabling their employees to
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UK and Singapore to Cooperate on Sustainable Finance, Fintech Innovation
The United Kingdom (UK) and Singapore have signed a Memorandum of Understanding to establish the UK-Singapore Fintech Bridge on Friday. At the 7th UK-Singapore Financial Dialogue, both countries discussed their joint interests in sustainable finance as well as fintech and
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FinAccel Makes Senior Exec Appointments Ahead of New Digibank Launch
FinAccel, the parent company of Indonesian Buy Now, Pay Later (BNPL) platform Kredivo, announced a flurry of senior appointments to bolster its management team to prepare for the upcoming launch of its digital bank Krom. Formerly known as Bank Bisnis
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