Search Results for: Singapore Fintech Association

Regtech Firm Sumsub Joins Singapore FinTech Association

Sumsub has joined the Singapore FinTech Association (SFA). This collaboration signifies Sumsub’s dedication “to driving innovation, fostering key industry connections, and contributing to the vibrant FinTech landscape in Singapore, as well as the wider APAC market following the establishment of its regional headquarters in Singapore… Read More

Singapore Fintech Association Introduces Self-Assessment Framework to Help Fintechs Determine whether they’re Complying with Regulations

The Singapore Fintech Association (SFA), a cross-industry non-profit initiative that’s focused on supporting collaboration between all market participants and stakeholders in the financial technology industry, has introduced a digital self-assessment framework to improve working relationships between companies. According to the association, the framework should expedite… Read More

Monetary Authority of Singapore, Singapore Fintech Association & AMTD, Introduce Grant Program to Support Fintechs

The Monetary Authority of Singapore (MAS), Singapore Fintech Association (SFA), AMTD Group (NYSE: HKIB; SGX: HKB) and AMTD Foundation have joined in announcing a S$ 6 million “MAS-SFA-AMTD Fintech Solidarity Grant.” The new grant is designed to support Singapore based Fintech firms during the Coronavirus… Read More

COVID-19 Relief: Singapore Fintech Association and Razer Fintech to Offer $100,000 to $1.5 Million to Each Eligible Local Financial Tech Company

The Singapore Fintech Association (SFA) and Razer Fintech will reportedly be offering Financial technology firms in the city-state bridge financing, equity or equity-linked instruments, which will range from anywhere between $100,000 to $1.5 million (appr. S$143,000 to S$2.1 million) According to an April 23, 2020… Read More

Innovate Finance and Singapore Fintech Association Seek Greater Collaboration Between the Two Fintech Hubs

UK based Innovate Finance and the Singapore Fintech Association have signed a memorandum of understanding (MOU) to “cement cooperation and greater collaboration between the UK and Singapore Fintech markets.” The agreement was announced during the annual Singapore Fintech Festival. As the UK government already partners… Read More

Thomson Reuters Forms New Partnership With Singapore FinTech Association to Fight Against Financial Crime

Thomas Reuters announced on Monday it is joining forces with the Singapore FinTech Association (SFA) to figure against financial crimes. Thomas Reuters revealed it will be collaborating with the SFA on various projects and initiatives contributing to the development of the fintech industry in Singapore. The partnership will also… Read More

Singapore Fintech Association Launches Marketplace Lending Committee to Help Unify Online Lenders

The Singapore Fintech Association (SFA) has announced the creation of a Marketplace Lending committee and website. This is in response to the rapid growth in the sector, according to the SFA. The subcommittee will be dedicated to ensuring the local online lending industry is a trusted,… Read More

Singapore Fintech Association Signs MOU With Fintech Association of Japan to Further Expand Fintech Cooperation Between the Two Countries  

The Singapore FinTech Association (SFA) and the Fintech Association of Japan (FAJ) announced on Monday they have signed a Memorandum of Understanding (MOU) to create stronger relationships and greater fintech cooperation between the two countries. According to the duo, this partnership will see the associations… Read More

Symbiosism Economy Foundation Joins The Singapore FinTech Association

The Symbiosism Economy Foundation (SEF) announced on Tuesday it has become a member with voting rights of the Singapore FinTech Association (SFA), a cross-industry, non-profit association that aims to be a platform for collaboration between all market participants and stakeholders in the financial technology ecosystem. Established in… Read More

Singapore FinTech Association & Five Polytechnics Focus on Growing Fintech Talent

The Singapore FinTech Association (SFA) has signed MOUs with five polytechnics in efforts to grow and nurture talent in the industry, as well as to improve coordination between educators and fintech industry leaders.  The five entities are Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore… Read More

WorldCoin Update: World ID Verifications Now Available in Singapore via the Orb

After the launch of World ID 2.0 and the open sourcing of the Worldcoin iris recognition pipeline in mid December, World ID verifications are now “available in Singapore via the Orb, the project’s custom hardware device.” A full list of verification locations is available on… Read More

Crypto.com Signs MoU with Charities in Singapore to Enable Donations in Digital Assets

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is the supporter of regulatory compliance, security and privacy, signed a Memorandum of Understanding (MOU) with six major charities in Singapore in order “to help facilitate the acceptance of… Read More

Green Fintech Seen As Promising New Growth Area in Southeast Asia

Green fintech has become a promising new growth area in Southeast Asia, with green fintech firms bringing innovative solutions to help businesses and governments address challenges and opportunities of going green. This insight was part of the report – Fintech in ASEAN 2023: Seeding the… Read More

Global Fintech Airwallex Reports Steady Growth of Singapore Operations

Following a “strong” year of growth, global fintech platform Airwallex has recently  announced business highlights in Singapore. In the first half of 2023, Airwallex Singapore “saw 13x growth (1213%) in year-on-year revenue and more than 11x growth (1015%) in total transaction volume as businesses in… Read More

Fintech Open Source Foundation (FINOS) Introduces Open Standard Project for Financial Services Common Cloud Controls

The Fintech Open Source Foundation (FINOS), the foundation of open innovation in financial services and part of the Linux Foundation, announced the formation of an open standard project, based upon an approach developed by FINOS Platinum Member Citi, in order “to describe consistent controls for… Read More

Singapore based Fintech actyv.ai Raises Funding to Support Expansion, Product Enhancement

actyv.ai, a Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has raised a total of $12 million “as part of Pre-Series A funding round from 1Digi Ventures, Singapore, the family office of Raghunath Subramanian, Founder and Global CEO of… Read More

BNPL: Experian Appointed to Operate Singapore’s Buy Now, Pay Later Bureau

Experian – which claims to be a leading global information services company – has announced its official appointment by the Singapore FinTech Association (SFA) and the Buy Now, Pay Later (BNPL) Working Group “as the bureau operator for Singapore’s BNPL Working Group.” The appointment “involves… Read More

Singapore: Parliament Question Sheds Light on BNPL Activity

Earlier today, the Monetary Authority of Singapore (MAS) posted a letter addressed Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS. An MP, Derrick Goh, inquired about buy now – pay later (BNPL) activity in the country. Responding to the inquiry, the Minister shared… Read More

Blockchain Association Singapore to Collaborate with BNY Mellon

Blockchain Association Singapore (BAS) has announced a partnership with BNY Mellon, a global bank based in New York City. BNY Mellon has had a presence in Singapore since 1974. Singapore has long been a robust Fintech hub in Southeast Asia. BNY Mellon also said it… Read More

Bogota’s BNPL Fintech Addi Secures $200M to Support Business Expansion Efforts

Addi, a startup that has experienced steady growth by providing clients in Latin America the chance to use Buy Now, Pay Later (BNPL) services, recently secured $200 million of debt and equity in order to support an expansion in the region. The Bogota-headquartered Fintech confirmed… Read More

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