April 20, 2018 @ 9:22 am By Samantha Hurst  |  

Blockchain asset private bank BitUN announced on Friday it has formed a partnership with Ping An Blockchain Research Institute to promote the development of the blockchain market. The duo reported that they have joined forces to conduct research in blockchain market analysis, project rating, blockchain innovative… Read More

April 18, 2018 @ 8:30 pm By JD Alois  |  

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

April 17, 2018 @ 11:00 pm By JD Alois  |  

Singapore based Funding Societies has closed a USD $25 million Series B funding round. The peer to peer lending platform said the oversubscribed offer was led by Softbank Ventures Korea. Additionally, Funding Societies said it has received expanded credit facilities from banks and other financial… Read More

April 16, 2018 @ 3:19 pm By Samantha Hurst  |  

Pundi X (CURRENCY: PXS), a multi-cryptocurrency point-of-sale (POS) solutions provider for retail stores,  announce, on Monday it has launched a new buy-back program for company holdings in NPXS tokens following a reported unanticipated demand for its technology. Pundi X CEO and co-founder, Zac Cheah, claimed that the… Read More

April 16, 2018 @ 9:42 am By Samantha Hurst  |  

Silot, a Singapore-based fintech startup, announced on Monday it secured $2.8 million through its Pre-Series A funding round, which was led by Arbors Ventures and Eight Roads Ventures. The company reported that the latest funding round comes nine months after it received its initial seed… Read More

April 8, 2018 @ 11:49 pm By JD Alois  |  

Singapore based Marvelstone Group has launched a private equity fund for artificial intelligence (AI) investment. Marvelstone said it will invest in AI startups and projects through Marvelstone Capital, across geographies including the UK, China, Singapore, and Canada. The open-ended fund is targeting a capital raise… Read More

April 6, 2018 @ 3:31 am By JD Alois  |  

LATTICE80 announced the world’s largest Fintech Hub in Singapore with great fanfare at the end of 2016. The Singapore hub was housing almost 100 Fintech startups at one point. Expectations were to open 10 more hubs globally housing a thousand Fintech focused startups. Today, the… Read More

April 4, 2018 @ 11:32 am By Samantha Hurst  |  

Digital challenger bank Revolut announced on Wednesday it is currently making plans to launch in Singapore. This news comes just after the company announced it launched “disposable’ virtual cards. “From clunky apps to hidden fees, banking as we know it is broken. That’s why we decided to… Read More

April 4, 2018 @ 10:44 am By Erin Hobey  |  

Y-Combinator-backed Request Network Foundation launched its cryptocurrency payments service which allowing users to send and request payments or make money transfers in cryptocurrencies. “We’re very excited to see the ways in which developers connect with the technology, and use it to make cryptocurrency payments mainstream,… Read More

April 3, 2018 @ 6:16 pm By JD Alois  |  

Zilliqa has Released their public testnet of a Blockchain that deals with the technology’s biggest hurdle: the ability to scale and serve the demands of global financial institutions. Zilliqa uses a technique called sharding that apparently can enable their Blockchain to hit transaction speeds similar… Read More

April 2, 2018 @ 11:44 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced that it is working with key financial industry stakeholders to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions. The discussion on deep data and who… Read More

March 26, 2018 @ 10:30 am By Samantha Hurst  |  

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

March 23, 2018 @ 8:20 am By Erin Hobey  |  

StashAway, reportedly the first robo-adviser to receive a retail license in Singapore, has completed a USD $5.3 million (SGD $7.0 million) Series A funding round. According to the company, a group of family offices and  new investors as well as previous investors in the business, such… Read More

March 20, 2018 @ 1:14 am By JD Alois  |  

Culum Capital, a Singapore-based receivables and supply chain financing platform, has received an investment  from GTR Ventures. GTR revealed several Fintech investments this past week – mainly in the online lending vertical. “We are thrilled to be partnering with GTR Ventures,” commented Ginnie Chin, co-founder &… Read More

March 19, 2018 @ 5:35 pm By JD Alois  |  

Singapore-based Kyber Network, a decentralized cryptocurrency exchange, has announced its public beta launch. The public launch of Kyber Network comes at a time when there is increasing scrutiny about crypto exchanges and platform security.  Kyber Network is a fully decentralized exchange, meaning it exists entirely on… Read More

March 15, 2018 @ 9:22 am By JD Alois  |  

In a speech delivered at the Money20/20 Asia conference in Singapore, Ravi Menon, MD of the Monetary Authority of Singapore (MAS) delivered a speech assessing the state of cryptocurrencies and initial coin offerings (ICOs). Entitled, “Crypto Tokens: The Good, The Bad, and The Ugly,” Menon… Read More

March 15, 2018 @ 8:38 am By Erin Hobey  |  

Payments platform Adyen has launched of its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries and more than 4,000 cities. Highlighting the potential of Adyen’s growth in the point of sale space, new clients include ASICS, Schuh, Lush, City… Read More

March 14, 2018 @ 10:06 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to collaborate and mutually support the development of the Fintech ecosystems and encourage financial innovation between the two countries. Today, MAS and the Bank signed a Fintech Co-operation Agreement during the Money… Read More

March 12, 2018 @ 9:00 pm By JD Alois  |  

LATTICE80, a Fintech Hub that has recently migrated its headquarters from Singapore to London, has announced its intent to launch Altcoin Futures. LATTICE80 expects to reveal details during Money20/20 taking place in Singapore this month. LATTICE80 is co-founded by Joe Seunghyun Cho, and is backed… Read More

March 12, 2018 @ 8:51 am By JD Alois  |  

Zilliqa, a Fintech that is working on high-speed Blockchain technology that is predicted to rival transaction speeds of VISA, has hired En Hui Ong as Head of Business Development. Ong was most recently at JPMorgan and prior to that she worked at Blackrock. Ong will… Read More