
Tag "Singapore"
Here Are The 5 Key Focus of Singapore’s New Financial Services Transformation Plan
Enhancing payments connectivity, digitalizing the financial infrastructure and promoting green finance will be among the main areas of focus for Singapore’s central bank and financial regulator in the years to come. These priorities were unveiled in the refreshed Financial Services
Read MoreTop 12 Upcoming Fintech Events Taking Place in Singapore in Q4 2022
Home to more than 1,000 fintech companies, 40+ innovation labs and some of the world’s largest financial institutions, Singapore has emerged over the past couple of years as a global fintech powerhouse, a leading position that’s been enabled by the
Read MoreSingapore Poised to Become a Wealthtech Powerhouse
Singapore’s wealthtech sector is growing at a fast pace. Amid soaring venture funding and booming adoption of robo-advisors, the city-state is on a path to becoming a leading wealthtech hub in Asia-Pacific (APAC), a new report by KPMG and Endowus,
Read MoreFintech 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
Read MoreSleek’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
Read MoreSingapore 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.
Read MoreDigital 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
Read MoreTop 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
Read MoreBNPL 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
Read More6 Healthtech Startups From Singapore to Watch in 2022
The healthtech Singapore 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
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