Tag "Fazz"
Fintech Layoffs Rock Asia in 2023: Who’s Next?
The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic uncertainties, market downturns, and the need for cost-cutting measures. From Singapore to Hong Kong, prominent fintech players have been forced
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Grab Participates in StraitsX’s Pilot Use of Tokenised Digital Vouchers at SFF 2022
Fazz financial group’s StraitsX and Grab are testing the issuance of Purpose Bound Money (PBM) with 5,000 trial participants during Singapore Fintech Festival (SFF) as one of four trials under MAS’ Project Orchid. Participants will be able to utilise PBM
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MAS Initiates Digital Singapore Dollar Trials
The Monetary Authority of Singapore (MAS) has published a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required. The report also marked the successful completion of Phase 1 of Project Orchid which explored
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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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