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Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times

In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista, technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.

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Tech Mahindra, IBM Open Singapore Lounge to Boost Digital Adoption in APAC

Tech Mahindra, an Indian IT services and consultation company, and IBM have unveiled a new Synergy Lounge in Singapore to enhance digital adoption among enterprises in the Asia Pacific region. The lounge, situated within Tech Mahindra’s Singapore campus, aims to support

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ShopBack CEO Admits Overexpansion Led to Laying off 24% of Staff

Shopping and rewards platform ShopBack’s CEO Henry Chan announced that the company will be laying off 195 roles which amounts to 24% of its group headcount. Chan described the layoffs as a last resort to become “more focused and self-sustainable”

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Standard Chartered Announces Leadership Changes to Drive Growth and Returns

Standard Chartered has announced a strategic overhaul of its Group management structure, set to take effect on 1 April 2024. This restructuring aims to streamline operations, ensuring a leadership team poised to cut through complexity and boost sustainably higher returns

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UOB Data Shows Increased Spending Power, Financial Savvy Among Singaporean Women

Recent data from the United Overseas Bank (UOB) highlights a significant increase in women’s economic influence in Singapore over the past five years, aligning with International Women’s Day celebrations. UOB’s analysis reveals a 70% surge in total billings for the

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Top 10 Female Fintech Leaders in Asia That Inspires Us

In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). These trailblazing female fintech leaders and founders are

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Mike Stawchansky to Spearhead Finastra’s Gen AI Initiatives as New Tech Chief

Financial software provider Finastra has appointed Mike Stawchansky as its new Senior Vice President and Chief Technology Innovation Officer. Mike, who will be working closely with the Office of the CEO, is set to spearhead the company’s initiatives in customer

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More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand

The fintech industry, having navigated through the turbulent waters of the COVID-19 pandemic, has demonstrated not only resilience but also a robust capacity for growth. This period of upheaval has catalysed a significant transformation within the sector, with fintech firms

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Rohith Murthy Named MoneyHero CEO, Aggarwal Moves to Advisory Role

Financial product comparison platform MoneyHero announced the immediate appointment of Rohith Murthy as the Chief Executive Officer (CEO). His appointment comes on the heels of Prashant Aggarwal’s resignation, which took effect on 20 February 2024. Aggarwal, who guided MoneyHero from

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Three Singapore Banks Step Up to Combat Rising Cost of Living for Junior Staff

Three of Singapore’s leading banks have announced substantial financial aid packages in a move to support junior employees during times of economic inflation. This initiative, kick-started by DBS, followed by OCBC, and then UOB, is in response to the latest

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