Tag "Singapore"

Real-Time Digital Payments Volume Surges 48% in Singapore

Singaporeans are moving away from paper-based payments and embracing real-time digital payments and mobile wallets, a shift that has accelerated with COVID-19, a new report by ACI Worldwide Real-Time Payments and GlobalData says. 2021 Prime-Time for Real Time, a global

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Grab Financial’s Funding Represented 63% of Singapore’s Fintech Fundraising in Q1

In Q1 2021, Singaporean fintech companies raised a staggering S$656 million in equity funding, a 355% increase compared to the same period last year, data from the Boston Consulting Group (BCG) show. The large figure, which represents about 46% of

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MAS: A Quarter of Jobs in Financial Services are Tech Roles

In Singapore, technology continues to lead hiring demand in the financial services industry with about 1,700 job opportunities in 2021. This represents more than a quarter of all newly created positions at Singapore’s financial institutions this year, and showcases how

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Behind Singapore’s Ambitions to be Asia’s Leading Centre for Green Fintech

Singapore is looking to leverage its position as one of the world’s most developed fintech markets to become a leader in green fintech, a vision part of a broader movement for the nation to become sustainable. During a speech at

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Open Banking, A Bigger Disruption Force to Incumbents Than Digital Banks: DBS

In Singapore, open banking developments may be a bigger disruption to traditional banks than digital banks, says DBS. The addressable loan market for Singapore’s upcoming digital banks is estimated to be worth between S$220 and S$243 billion, but despite the

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Top 5 Coworking Spaces in Singapore for Fintech Startups

Home to more than 600 fintech startups and over 40 innovation labs, Singapore is one of the world’s leading fintech hubs and Southeast Asia’s undeniable fintech leader. With so much fintech activities, it is no wonder that we’re seeing demand

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A Review of Singapore’s Top Fintech Developments in 2019

In 2019, Singapore continued to pursue its ambition to become the world’s first Smart Nation with a leading Smart Financial Centre, inking partnerships with international peers, launching nationwide initiatives to further development and adoption of cutting-edge technologies, and introducing new

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Singapore’s Cybersecurity Startup Map

Singapore’s cybersecurity industry is growing strong, with now some 105 unique startups, according to the Innovation Cybersecurity Ecosystem at Block71 (ICE71)’s latest Singapore Cybersecurity Community Map.   Singapore Cybersecurity Startup Map These startups operate in cybersecurity and associated fields including

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Singapore’s Digital Banking License Race Intensifies With Deadline Looming in Weeks

In Singapore, the end-of-year deadline to apply for a digital banking license is coming up, and tech companies, banks and brokerages are racing to form partnerships to meet regulators’ stiff requirements. Singapore will be issuing up to two retail and

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Swiss Regtech Startups in Singapore to Watch

Singapore is one of the world’s largest financial markets, a position it has earned thanks to its business-friendly environment, excellent government support, easy regulation and access to specialist knowledge. And with technology rapidly changing the financial services landscape, it comes

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