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SMEs’ Limited Access to Financing is an Untapped Opportunity for Banks
In the ASEAN region, Small and Medium-sized Enterprises (SMEs) still have limited access to financing. Despite their critical economic role in countries such as Malaysia, Indonesia, Thailand, the Philippines and Singapore, the segment represents a major untapped opportunity for banks
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Sandboxes for Fintech Singapore Startups
The Monetary Authority of Singapore, which announced plans to turn Singapore into a “Smart Financial Center” earlier this year, has formed in late-July the Financial Centre Advisory Panel (FCAP). Composed of 26 leaders from the banking, insurance and asset management
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The 7 Hottest Singaporean Fintech Startups
Singapore, which offers a rich ecosystem of banks, tech companies, universities and research organizations, is well poised to tap the massive prospects of financial technology, Ms Anju Patwardhan, Group Head of Risk Innovation at Standard Chartered Group, said in a
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Kashmi: Bringing Social Payments to Young Singaporean Professionals
Kashmi, pronounced ‘cash-me’, is a social peer-to-peer payment platform developed by a team of Sri Lankans for the Singaporean market. The startup provides a mobile application that allows users to pay their friends instantly and in a convenient matter and
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Singaporean Social Trading Platform ShereIt
ShereIt, formerly Bw8 Trading, is a Singaporean global social trading network that allows non-professional investors to identify expert traders, follow them and copy their trades and actions. Social trading, which started to gain popularity in the early 2010s, is the
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HomePay Singapore Helps Families Manage Their Finances And Go Cashless
HomePay is a Singaporean mobile and social payment solution for families and communities. The app uses smartphone technology connected to prepaid debit cards to allow families and their members to manage, transfer and spend money responsibly. Whether you’re looking to
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Toast; Low Cost Blockchain-Powered Remittances for the Unbanked Migrant Workers
Toast, a startup that provides remittance services to Singapore’s migrant workers, is using the bitcoin blockchain to make money transfers faster, cheaper and more convenient for all customers. Most migrant workers, who send up to half of their salary to
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