Tag "Singapore"

Fintech Funding in Singapore Remains Strong Despite Global Downturn

After a record-breaking year 2021, global funding is slowing dramatically in 2022 with fintech companies raising a total of US$108 billion in H1 2022, data from KPMG show. But despite the current global slowdown, Singapore has nevertheless managed to weather

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Sleek’s Foray into Singapore’s Dynamic SME Digital Finance Space

Sleek, an online corporate services provider, is looking to expand its footprint in Singapore’s vibrant small and medium-sized enterprise (SME) digital banking space, announcing on June 13, 2022, the launch of an array of new products designed to complement its

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Singapore SMEs Struggle to Secure Financing

In Singapore, small and medium-sized enterprises (SMEs) are struggling to secure sufficient financing from traditional lenders, with most still largely relying on their personal networks to support their business, findings from a new study by cloud banking startup Mambu show.

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Digital Technology Investment Bears Fruit for Singaporean Retailers

During COVID-19, Singaporean retailers adapted well to the constraints imposed by the pandemic, ramping up investment to improve their operations and integrate digital technologies. These investments bore fruit, with 68% of 500+ Singaporean businesses surveyed by Adyen and KPMG indicating

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Top 5 Most Well-Funded Fintech Startups from Singapore

With 1,350 fintech companies as of October 2021, Singapore is Southeast Asia’s fintech powerhouse, and a major fundraising and operational hub for fintech companies operating across the region. In 2021, Singapore-based fintech firms continued to attract the strongest funding in

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BNPL Predicted to Be Singapore’s Fastest Growing Online Payment Method by 2025

In Singapore, alternative payment methods including buy now, pay later (BNPL) arrangements and digital wallets, are surging in popularity. By 2025, fintech software provider FIS projects that these payment methods will make up half of online payments, with BNPL forecasted

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6 Healthtech Startups From Singapore to Watch in 2022

The healthtech sector has risen consistently over the past years, but the COVID-19 pandemic undeniably accelerated that growth, acting as a catalyst for investment in an already burgeoning sector. In 2021, global healthtech companies raised a record of US$51.3 billion,

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5 Top Proptech Startups from Singapore to Watch in 2022

Venture capital (VC) investment in property technology (proptech) reached record levels last year. In H1 2021, VC funding totaled US$9.7 billion, suggesting that 2021 could be the biggest year yet for the growing proptech industry with funding on target to

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Singapore’s Top Fintech Legal Firms and Lawyers in 2022

Chambers and Partners, an independent research company delivering rankings and insights into providers of legal services, has released its selection of Singapore’s top fintech law firms and individual lawyers for 2022. These law firms and professionals were selected based on

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“No Pressing Need” for a Digital Singapore Dollar Despite Benefits

There is “no pressing need” for a retail central bank digital currency (CBDC) in Singapore at this point in time, but market shifts and changing customer expectations are nevertheless forcing the central bank to prepare for a possible issuance in

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