Tagged: singapore

The Monetary Authority of Singapore Announces Fintech Research Platform to Help Investors and Financial Institutions Connect to Fintechs

The Monetary Authority of Singapore (MAS) has partnered with Deloitte and S&P Global Market Intelligence to develop a prototype platform for a Fintech Research Platform to help pair Fintech startups with investors and financial institutions. The goal of the platforms is to help fintechs partner… Read More

Monetary Authority of Singapore to Extend Additional Funding to Fintech Projects in 2020

The central bank of Singapore is preparing to extend additional funding for Fintech-related projects, because the five-year investment round ending in March has led to positive developments. The Monetary Authority of Singapore (MAS) will most likely announce additional funding plans in 2020, with key investments… Read More

Singapore-based Fintech Firm M-DAQ Wins Backing of Samsung Group’s VC Fund to Expand Operations in South Korea

Singapore-based Fintech firm M-DAQ Pte, a company that develops over-the-top (OTT) applications to enable international business transactions for various industries, has reportedly won the backing of Samsung Group’s VC fund in order to expand its operations into South Korea and other regions. Following Samsung’s investment… Read More

Wirex to Introduce New Visa Travelcard at the Singapore Fintech Festival

Wirex, a borderless payment platform, announced on November 11 that it will be introducing a new Visa Travelcard at the Singapore Fintech Festival. According to a release shared with Crowdfund Insider: “The multi-currency travel card will empower customers across the APAC region to seamlessly spend… Read More

Giant Payments Processor Mastercard’s Experience Centre to be Introduced at Singapore Fintech Festival

Giant payments processor Mastercard will be revealing its new experience center at the Singapore Fintech Festival, an event where clients and their partners to discuss business ideas, potential opportunities for working cooperatively to develop new products and for present innovative technology solutions. The Mastercard Experience… Read More

Singapore Fintech Festival 2019

ATTENDED BY 45,000 PARTICIPANTS FROM 130 COUNTRIES IN 2018 Participants comprised key executives and decision-makers from global financial institutions and corporates, innovators and technologists from FinTech start-ups to unicorns, investors, and academia. Featuring FinTech Conference & Exhibition, FinTech Awards, Global FinTech Hackcelerator Demo Day, Global Investor… Read More

UK Fintech Rapyd Launches Singapore Platform to Enable Businesses to go Cashlee

Rapyd, a global Fintech-as-a-service provider, announced last week the launch of its new Singapore platform to enable businesses to go cashless. Rapyd claims that the platform will bring greater convenience to local consumers and businesses, by enabling consumers and businesses to easily make payments electronically,… Read More

End to End Digital Securities Facilitator Propine Accepted into Monetary Authority of Singapore Fintech Sandbox

Propine, described as a comprehensive securities services provider for digital securities, has been accepted into the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox.  Singapore is a prominent Fintech hub and has pushed forward on the emerging digital security sector powered by distributed ledger technology. … Read More

Open Banking and Compliance Platform Railsbank Establishes Business Offices in Singapore

Singapore has been ranked number one in Asia and eighth worldwide when it comes to innovation and embracing the latest technologies. Singapore is also recognized as one of the world leaders in key sectors including Fintech,  engineering, manufacturing, healthcare, biomedical sciences, urban solutions and sustainability,… Read More

New Spin on Asset Management, DEXTF Raises US$460K in Seed Funding Round

DEXTF, or “Decentralized Traded Funds,” a Singapore-based startup has raised USD $460,000 in an oversubscribed seed funding round led by LuneX Ventures and SGInnovate, according to a release. The partners at London-based hedge fund CDAM also participated in the funding round along with other undisclosed… Read More

Singapore: 20 Finalists for the 2019 Global Fintech Hackcelerator Announced

The Monetary Authority of Singapore (MAS) has announced the 20 finalists for the Global Fintech Hackcelerator as part of the 2019 Singapore Fintech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH). In a release, MAS said the finalists were selected from two… Read More

Singapore-based DBS Bank Develops New Human-Robo Investment Service

Singapore-based DBS Bank, which provides services in consumer, SME, and corporate banking activities, has created a hybrid human-robo investment platform that can be accessed by its clients in Singapore. DigiPortfolio has been designed for new investors. The new investment service provides access to seven exchange-traded-funds… Read More

Zilliqa and Oxford Women in Computer Science Society Launch Blockchain-focused Education Workshops 

Singapore-headquartered Zilliqa, a high-throughput public blockchain network for building decentralized applications (dApps), is preparing to launch the return of Blockchain A-Z, a series of educational workshops on distributed ledger technology (DLT).  According to a press release shared with CrowdFund Insider, Zilliqa is teaming up with… Read More

Open Banking: Learning Lessons from Asia

With the implementation of PSD2 in Europe, Open Banking payment solutions are starting to be rolled out across the UK and Europe. But while the core Open Banking payment solutions are live, there is a long way to go until we see the widespread adoption… Read More

Payments Fintech InstaReM Rebrands as “Nium”

InstaReM, a fast-growing payments Fintech, is rebranding as “Nium.” The InstaReM brand will be maintained as a remittance platform powered by Nium which is being positioned as the “first global payments platform to enable businesses to send, spend and receive money from around the world.”… Read More

Digital Bank Revolut Launches in Singapore

UK based digital bank Revolut has launched in Fintech-friendly Singapore, according to a company release. In 2018, Revolut set up an Asia-Pacific hub in Singapore, where the Fintech now employs twenty people. Revolut says it is planning to triple its headcount in Singapore in the… Read More

Report: Singapore Is the Most Prepared City for Adopting Artificial Intelligence and Smart City Technologies

Singapore is the world’s most prepared city for adopting innovative technologies such as artificial intelligence (AI) and it’s also considered a world leader in terms of smart city development, according to recent studies. Research performed by Oliver Wyman Forum ranked 105 cities throughout the world… Read More

CIMB Bank Berhad’s Singapore Branch Conducts Blockchain-based Structured Trade Finance Transaction on iTrust’s Platform

The Singapore division of CIMB Bank Berhad carried out a structured trade finance transaction on a blockchain-based and internet of things (IoT) platform, developed by iTrust. The transaction reportedly involved the financing of Chinese imported dairy products and may generate yearly transaction flows of approximately… Read More

Report: Southeast Asia’s Growing Internet Economy Is Driving Fintech Adoption

Southeast Asia’s internet and e-commerce economy is growing steadily due to the widespread use of mobile phones. The region’s middle class has also been growing, according to a recent report compiled by Google, Temasek and Bain & Company. Published earlier this month, the e-Conomy SEA… Read More

Fintech Investments in Singapore Surged 69% from Previous Year to $735 Million

Investment in Fintech-related projects in Singapore increased significantly during the first nine months of this year. It was mainly led by fundraising rounds for payment companies and insurtech startups with a shift toward mature firms. As of October 2019, the combined value of Fintech deals… Read More

Send this to a friend