Tagged: singapore

October 20, 2025 @ 2:04 am By Omar Faridi  |  

Creditstar Group, a European fintech providing digital consumer credit in eight markets and fixed-return investment product in 31 countries, has secured an additional $10 million funding facility from Singapore-based Kilde, reportedly increasing the total to $20 million. The capital injection reflects continued institutional confidence in… Read More

October 19, 2025 @ 10:07 pm By Michael Wong  |  

HitPay, a Singapore-based payments platform, said it partnered with licensed crypto payments firm Triple-A to enable more than 20,000 merchants to accept stablecoin payments at online and in-store checkouts while receiving instant settlements in fiat currency. The Monetary Authority of Singapore (MAS)-regulated arrangement targets small… Read More

October 14, 2025 @ 10:30 pm By Omar Faridi  |  

The Singapore High Court has reportedly approved crypto exchange WazirX‘s debt restructuring scheme on October 13, 2025. The announcement has come after the Indian digital currency exchange had been hacked in July of 2024. This court approval in Singapore enables the crypto platform to proceed… Read More

October 11, 2025 @ 9:17 pm By Michael Wong  |  

Fireblocks said that Moomoo will integrate its Wallets-as-a-Service (WaaS) infrastructure to expand and secure the trading platform’s digital-asset offerings, in a move aimed at boosting scalability, reliability and security across Moomoo’s operations. The integration, targeted for completion by end-2025, will connect Moomoo Singapore to the… Read More

October 10, 2025 @ 11:18 am By Michael Wong  |  

Singapore-based YY Group Holding Limited said it will integrate enterprise-grade stablecoin payment infrastructure from Obita to power cross-border receivables, payables and treasury operations across its global gig-work platforms, under a memorandum of understanding. YY Group, a workforce solutions and integrated facilities management provider, said the… Read More

October 10, 2025 @ 1:51 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) demonstrated during Q3 2025 its commitment to upholding the integrity of the financial sector through a series of regulatory and enforcement measures. From July to September, MAS says that it has addressed critical issues ranging from licensing non-compliance and… Read More

October 4, 2025 @ 2:20 pm By Michael Wong  |  

Singapore strengthened its position as the world’s third-largest foreign exchange trading hub, with average daily turnover rising 60% to $1.485 trillion in April 2025 from April 2022, the Monetary Authority of Singapore (MAS) said, citing results of the Bank for International Settlements’ 2025 Triennial Central… Read More

September 30, 2025 @ 3:56 pm By Omar Faridi  |  

Digital assets firm OKX noted that the so-called “next generation” of stablecoin payments begins with the launch of OKX Pay in Singapore. OKX Pay is Singapore’s stablecoin-powered scan-to-pay service, “enabling customers to pay with USDT or USDC stablecoins at GrabPay merchant-partners by scanning their GrabPay… Read More

September 29, 2025 @ 5:38 pm By Michael Wong  |  

Singapore’s financial regulator said disputes over investment-linked policies (ILPs) more than doubled in 2024, prompting new consumer protection measures as the city-state seeks to strengthen oversight of complex financial products. The Monetary Authority of Singapore (MAS) said 211 ILP-related cases were handled by the Financial… Read More

September 27, 2025 @ 10:23 pm By Michael Wong  |  

Singapore’s fintech sector attracted nearly $1.04 billion in the first half of 2025, rebounding strongly after a muted 2024, with investors pouring money into payments, cryptocurrency and artificial intelligence-driven platforms, according to a KPMG report. The funding, spread across 90 deals, marked the highest level… Read More

September 27, 2025 @ 6:23 pm By Michael Wong  |  

Singapore will evaluate fund managers appointed under its S$5 billion ($3.65 billion) Equity Market Development Programme (EQDP) over at least three years, with key performance indicators (KPIs) including investment returns, mobilising third-party capital and contributions to the city-state’s market ecosystem, a senior minister said on… Read More

September 25, 2025 @ 3:00 am By JD Alois  |  

Nansen, a blockchain analytics firm, has announced an Artificial Intelligence service called Nansen AI. According to a company statement, Nansen AI is the first purpose-built trading and investigative AI agent for onchain activity. Nansen says the service will enable investigations in minutes, not hours, and… Read More

September 21, 2025 @ 10:17 pm By Michael Wong  |  

Singapore’s central bank pledged to safeguard price stability and financial sector resilience while deepening innovation and climate transition efforts, as global uncertainties weigh on growth prospects. Deputy Prime Minister Gan Kim Yong, who also oversees the Monetary Authority of Singapore (MAS), said in an addendum… Read More

September 21, 2025 @ 10:03 pm By Michael Wong  |  

China-based Huize Holding Ltd, through its international brand Poni Insurtech, has obtained a financial adviser and exempt insurance broker license in Singapore, reinforcing its strategy to build dual regional hubs in Singapore and Hong Kong. Poni Financial Advisory Pte. Ltd. was licensed by the Monetary… Read More

September 18, 2025 @ 12:55 am By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) continues to support strategic initiatives that aim to bolster financial stability and value creation. Recent developments, including enhanced regional cooperation with entities like the HKMA, calls for transformational leadership in corporate governance, and a push for risk resilience, underscore… Read More

September 10, 2025 @ 1:05 am By Michael Wong  |  

Nuveen Private Capital has entered into a strategic partnership with Hunter Point Capital (HPC) and Singapore state investor Temasek, a deal that underscores the rapid expansion of private credit as institutional investors seek alternative sources of yield. HPC and Temasek will take minority stakes in… Read More

September 8, 2025 @ 9:49 pm By Omar Faridi  |  

Singapore continues to solidify its position as a global hub for financial innovation and regional collaboration through recent developments: the Green Investments Partnership (GIP) achieving its first close with US$510 million in committed capital and the reaffirmation of bilateral cooperation between the Brunei Darussalam Central… Read More

September 2, 2025 @ 8:18 am By Michael Wong  |  

Singapore-based Crypto.com has signed a strategic partnership with Trump Media and Technology Group Corp. (TMTG), operator of Truth Social, Truth+, and Truth.Fi, the companies said. The agreement covers the integration of Crypto.com’s digital wallet infrastructure into TMTG’s platforms, with the Cronos (CRO) token adopted as… Read More

September 2, 2025 @ 12:26 am By Omar Faridi  |  

QCP Trading Pte. Ltd., the over-the-counter (OTC) spot digital payment tokens (DPT) trading arm of QCP Group, is pleased to announce that it has been granted a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). The development enables QCP Trading to… Read More

August 30, 2025 @ 3:46 pm By Michael Wong  |  

About 70% of organisations in the Asia Pacific expect agentic artificial intelligence (AI) to significantly disrupt their business models within the next 18 months, with the banking sector likely to see the largest impact, Moneythor said. Vivek Seetharaman, Chief Product Officer at Moneythor, a provider… Read More