Tagged: singapore

September 28, 2020 @ 6:34 pm By Omar Faridi  |  

Razer Fintech’s management has said that the company is planning to acquire a virtual banking license and that it’s willing to work independently or as part of a consortium. The Bank Negara Malaysia (BNM), the nation’s central bank, has confirmed that it will issue five… Read More

September 28, 2020 @ 11:53 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has revealed that it will establish two new offices in Singapore and Tokyo. The company stated that it remains focused on fully supporting local crypto and blockchain companies. It’s also helping government agencies and traditional financial institutions with monitoring… Read More

September 27, 2020 @ 10:00 am By Omar Faridi  |  

Malaysia’s Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has teamed up with Singapore’s Lifestyle Marketing SaaS (software-as-a-service) provider, Perx Technologies, in order to provide better mobile-first customer engagement for financial services. Through the partnership, Razer Fintech will focus on transforming… Read More

September 23, 2020 @ 9:29 pm By JD Alois  |  

Singapore based Digital wealth manager Syfe has closed on a SG$ 25.2 million (USD $18.6 million) Series A funding round led by Valar Ventures. Other investors in the round include Presight Capital, and existing investor Unbound, the UK-based investment firm that led Syfe’s seed funding… Read More

September 19, 2020 @ 5:13 pm By Omar Faridi  |  

Singapore, Helsinki (in Finland) and Zurich (in Switzerland) have been named as the world’s “smartest” cities during this year. They’ve managed to outperform other major European and global financial hubs, according to the Smart City Index Report for 2020. Geneva is another Swiss city that… Read More

September 18, 2020 @ 8:15 pm By Omar Faridi  |  

Kate MacDonald, New Zealand Government Fellow at the World Economic Forum, and Lofred Madzou, Project Lead, AI and Machine Learning at the World Economic Forum have published a report that explains how AI can benefit everyone. According to MacDonald and Madzou, artificial intelligence can improve… Read More

September 17, 2020 @ 9:32 pm By JD Alois  |  

Hg Exchange (HGX), Southeast Asia’s first private securities exchange, has kicked off trading. Founding members of the exchange include PhillipCapital, Prime Partners, and Fundnel – a leading securities crowdfunding platform serving sophisticated investors across Asia. Richard Teng, formerly an executive at the Monetary Authority of… Read More

September 17, 2020 @ 8:07 pm By Omar Faridi  |  

Singapore based Fintech firm 360F aims to accelerate digital transformation for insurance service providers in the Middle East. As mentioned in a release shared with Crowdfund Insider, 360F is financial technology company that provides various solutions and implementation services to banks to enable “digital multi-channel… Read More

September 15, 2020 @ 10:54 pm By Omar Faridi  |  

AMTD recently revealed that it has invested in several Fintech firms, as a part of its Singapore Solidarity Fund, under the purview of the ASEAN Solidarity Fund Group. AMTD has reportedly invested in the operations of Active.ai, Cardup, Funding Societies, PolicyPal, and Transwap. AMTD maintains… Read More

September 14, 2020 @ 9:11 pm By Omar Faridi  |  

Razer Fintech has teamed up with Franklin Templeton in order to develop various digital wealth technology or Wealthtech tools for younger consumers. Franklin Templeton’s Singapore based subsidiary, Templeton Asset Management, and Razer Fintech, the financial division of Razer Inc, have committed to a Memorandum of… Read More

September 14, 2020 @ 8:57 pm By Omar Faridi  |  

Onfido, a global ID verification provider, will be offering its user authentication services to Malaysia’s MyCash Money. Onfido has also been providing similar services to other Fintech firms in the region, including BigPay and MoneyMatch. MyCash Money is a digital marketplace that’s focused on serving… Read More

September 12, 2020 @ 4:40 pm By Omar Faridi  |  

A Chartered Fintech Professional (CFtP) qualification will reportedly be offered to financial technology specialists working in China and Singapore. The program will aim to provide  professional development opportunities that are meant to support international Fintech talent. The qualification will reportedly be introduced by the Global… Read More

September 12, 2020 @ 11:24 am By Omar Faridi  |  

Temasek Holdings, a major Singapore state investor, is reportedly looking into making a potential investment in the planned initial public offering (IPO) of Chinese Fintech giant Ant Group, which might be the world’s largest iPO. GIC Pte Ltd, which is Singapore’s sovereign wealth fund (one… Read More

September 9, 2020 @ 8:19 pm By JD Alois  |  

Funding Societies, an SME digital financing platform has updated much of its executive team. According to a note from the company, Frank Stevenaar joins as the Fintech’s first Chief Financial Officer (CFO), Nihit Nirmal takes on the role as Chief Product Officer (CPO), and Ishan… Read More

September 8, 2020 @ 11:04 am By Samantha Hurst  |  

Singapore-based global cryptocurrency exchange KuCoin announced on Monday it celebrated its third anniversary. The platform revealed that as part of a celebration, it will launch a series of campaigns with very exciting prizes, including a Porsche 911, iPhone, KuCoin merchandise, and token rewards.  Founded in 2017,… Read More

September 5, 2020 @ 2:29 pm By JD Alois  |  

Singapore recently completed a pilot program for a blockchain-based multi-currency payments network prototype. Project Ubin, launched in 2016, engaged with several private parties as well as government entities seeking to better understand the benefits of blockchain technology. The prototype was developed in collaboration with JPMorgan (NYSE:JPM) and… Read More

September 4, 2020 @ 10:14 am By JD Alois  |  

Speedy blockchain Zilliqa has announced its 2020-2021 cohort of companies participating in the ZILHive Accelerator program, a 6-month blockchain startup accelerator designed to support early and late-stage startups may use the Zilliqa protocol to build blockchain solutions. According to Zilliqa, this year’s cohort has been… Read More

September 2, 2020 @ 9:34 pm By Omar Faridi  |  

Asian Fintech firm GoBear, which secured $17 million in capital in May 2020 to expand operations, has reportedly decided to lay off 22 staff members – which includes 6 workers based in Singapore. GoBear’s management has also laid off employees based in Ukraine, Vietnam, and… Read More

September 1, 2020 @ 8:43 pm By Omar Faridi  |  

Singapore based Fintech firm Atlantis has reportedly launched a digital bank in India. The company’s business aims to target the estimated $15.7 billion global Millennial banking market. The neobank will mainly focus on serving Millennials (people born around 1980 to 1996) and Gen Z (born… Read More

September 1, 2020 @ 5:44 pm By JD Alois  |  

The Singapore Exchange (SGX) has completed a digital bond issuance in partnership with Temasek and HSBC. The security was issued via SGX’s digital asset issuance, depository, and servicing platform and is the first type of offering completed by the exchange. According to a note posted… Read More