Wealthtech

DBS 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

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8 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

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DigiFT 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

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The 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

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Temasek 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

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LMAX 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

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Maybank 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

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McKinsey 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

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Ned 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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BondEvalue Raises US$6M Series B, Eyes Expansion to India’s GIFT City

BondEvalue, a Singapore-based fintech company that operates the digital bond exchange BondbloX, has raised US$6 million in a Series B round. The company had previously secured US$6 million in a Series A fundraise in 2021. The round was joined by

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