Wealthtech
HashKey Singapore Now Officially Licensed as Fund Manager by MAS
HashKey Capital Singapore, a company specialising in blockchain and digital asset investments, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This license, initially granted in-principle in November 2022, officially recognises HashKey Capital Singapore
Read MoreDBS Set to Integrate All Investment Funds onto Euroclear’s Platform
DBS Bank has entered into an agreement with Belgium-based clearinghouse Euroclear to integrate all of its investment funds onto the latter’s funds platform. Euroclear’s platform will offer a comprehensive solution for the trading, custody, and distribution services of DBS Bank‘s
Read More8 Key Insights Into the Singaporean Investment Landscape for Informed Decisions
Singapore, renowned as the “Lion City,” has emerged as a formidable player in the global financial arena. This vibrant city-state has diligently cultivated an investor-friendly environment, bolstered by a robust legal framework, state-of-the-art infrastructure, and a strategic geographical location that
Read MoreDigiFT Secures Capital Markets License from Singapore Regulator
Singapore-based digital assets exchange DigiFT has been granted a Capital Markets Services (CMS) license and has been recognised as a Recognised Market Operator (RMO) by the Monetary Authority of Singapore (MAS). This enables DigiFT to legally deal in capital markets
Read MoreThe Key Factors Driving Wealthtech in the Philippines
The Philippines’ wealthtech sector, which somehow still remains at a nascent stage of development, is poised to witness strong growth in the mid- and long-term, driven by booming demand for digital financial services, growing wealth and economic development, and rising
Read MoreTemasek Trust to Buy MoneyOwl, Refocus Services for Community Upliftment
Temasek Trust plans to acquire MoneyOwl from NTUC Enterprise Co-operative. This proposed acquisition, which is still pending regulatory approval, is part of a broader strategy to repurpose MoneyOwl’s offerings to better serve essential workers, gig workers, and youths. MoneyOwl had
Read MoreLMAX Singapore Secures Market Operator License from MAS
LMAX Exchange Singapore, a subsidiary of LMAX Group that operates institutional exchanges for trading FX and digital assets, has been granted a Recognised Market Operator (RMO) license by the Monetary Authority of Singapore (MAS). This license allows the group to
Read MoreMaybank Group Unveils Islamic Wealth Management Hub in Singapore
Maybank Group has officially launched its Islamic Wealth Management (IWM) regional offshore hub in Singapore. This marks a significant expansion of the group’s Islamic wealth services, which previously operated primarily in Malaysia and Indonesia. Maybank Singapore claims that it is
Read MoreMcKinsey Wealthtech in APAC Report: 2.25 Trillion Valuation by 2027
In Asia-Pacific (APAC), the nascent wealthtech sector is poised to witness strong growth, a rise which will be driven by technological advancements, the region’s increasing wealth as well as its large affluent segment which has so far remained largely untapped
Read MoreNed Phillips Unveils SaaS-Based Robo-Advisor ‘Bambu GO’ at SFF 2023
Bambu, a digital wealth technology provider, has launched its latest offering – Bambu GO – that is designed to provide financial institutions with a customisable robo-advisor for mass retail investors. The new offering is a SaaS-based robo-advisor that is integrated
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