Tagged: singapore

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

August 28, 2025 @ 7:12 am By Omar Faridi  |  

In a significant move to democratize access to sophisticated investment opportunities, Moomoo Financial Singapore Pte. Ltd. has announced a strategic partnership with Barings, a global investment management firm. This collaboration aims to provide Moomoo Singapore’s retail investors with access to “institutional-grade” private credit investments, a… Read More

August 26, 2025 @ 9:07 pm By Omar Faridi  |  

OCBC (SGX: O39), one of Singapore’s established banking institutions, has launched a US$1 billion digital US commercial paper (CP) program powered by blockchain technology. This initiative marks a step forward in leveraging distributed ledger technology to enhance efficiency, transparency, and security in short-term financing instruments. The… Read More

August 22, 2025 @ 10:05 am By Omar Faridi  |  

Digital assets firm OKX has announced significant updates that underscore its commitment to innovation, regulatory compliance, and user trust. These developments include the launch of On-Chain Earn in Singapore, the appointment of Marcus Hughes as Vice President of Global Government Relations, and a renewed focus… Read More

August 22, 2025 @ 8:43 am By Omar Faridi  |  

Sygnum, a global digital asset banking group and Incore Bank, a Swiss B2B transaction bank with a network of banks, financial intermediaries, fintechs and corporates, announce an extended partnership focused on scaling their B2B banking networks. Since 2019, Incore Bank has been one of Sygnum’s… Read More

August 21, 2025 @ 11:57 pm By Omar Faridi  |  

Libeara, a tokenization platform incubated by SC Ventures by Standard Chartered is pleased to announced that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its Capital Markets Services (CMS) license. This in-principle approval represents “a significant regulatory milestone… Read More

August 21, 2025 @ 8:01 pm By Omar Faridi  |  

Stripe has reportedly introduced over 50 upgrades to accelerate global growth for Asian businesses. The announcements were shared at Stripe Tour Singapore 2025, “where over 1,300 business leaders, entrepreneurs, and developers gathered for the company’s annual conference in Southeast Asia.” Updates included: Stripe Reader S710, Stripe’s… Read More

August 20, 2025 @ 5:38 pm By Omar Faridi  |  

Nium, the infrastructure for real-time cross-border payments, announced the expansion of Verify, its account validation service, in Europe, through a strengthened strategic partnership with iPiD, the provider of the Know Your Payee (KYP) solution, iPiD Node. As part of this deepening collaboration, iPiD is also… Read More

August 11, 2025 @ 1:12 pm By JD Alois  |  

The Singapore Fintech Festival (SFF) Fintech Excellence Awards, presented by The Monetary Authority of Singapore (MAS) and Singapore FinTech Association (SFA) and supported by PwC Singapore, returns for its 10th year to celebrate those leading innovation in financial services. The Awards honour corporations and individuals transforming… Read More

August 11, 2025 @ 12:54 am By Michael Wong  |  

Singapore-based multi-family office Kamet Capital has completed an $8.4 million Series A investment in artificial intelligence avatar platform TopView.ai, valuing the startup at approximately $30.7 million. The investment represents Kamet’s exclusive backing of the AI-powered content creation platform, which develops technology enabling brands to produce… Read More

August 7, 2025 @ 12:49 am By Omar Faridi  |  

The Q2 2025 Singapore Market Snapshot, released by PitchBook on August 4, 2025, offers a comprehensive overview of the nation-state’s evolving macroeconomic and microeconomic landscape, spanning both private and public markets. As one of Asia’s financial hubs, Singapore continues to demonstrate resilience amid global economic… Read More

August 2, 2025 @ 3:37 pm By Michael Wong  |  

Global Fintech firm Adyen has partnered with Singapore-based restaurant technology provider Atlas to improve payment processes and operational efficiency for food and beverage (F&B) businesses, according to an announcement. Through the partnership, Atlas integrates Adyen’s payments infrastructure into its AtlasPay solution. This offers simplified reporting,… Read More

July 29, 2025 @ 1:01 am By Omar Faridi  |  

Airwallex, a global Fintech platform, has made significant progress this year, reinforcing its mission to enable businesses with digital financial services. The company recently announced the launch of its Airwallex Yield product in Singapore, following regulatory approval from the Monetary Authority of Singapore (MAS), and… Read More

July 27, 2025 @ 10:13 pm By Michael Wong  |  

Singapore-based robotics software firm Augmentus has secured $11 million in a Series A+ funding round to scale deployment of its no-code, AI-driven robotic systems for industrial automation. The round was led by Woori Venture Partners, with participation from Singapore government-backed EDBI. Existing investors Sierra Ventures… Read More

July 25, 2025 @ 2:44 am By Omar Faridi  |  

A study commissioned by Airwallex in partnership with Statista has reportedly polled 1,000 cross-border eCommerce consumers residing in the business-focused city-state of Singapore. It revealed that global purchasing is now a more established mainstream habit / consumer behavior trend amongst Singapore residents. Consumers carry out… Read More

July 22, 2025 @ 9:09 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) plans to introduce stand-in capabilities for NETS electronic point-of-sales systems to enhance the resilience of digital financial services. MAS is also working with financial institutions to develop similar solutions for QR code payments, which have gained traction among consumers…. Read More

July 20, 2025 @ 8:19 pm By Omar Faridi  |  

In a step toward deepening its presence in Singapore, digital assets platform OKX has announced key developments that reaffirm its commitment to the Southeast Asia region. The appointment of Gracie Lin as CEO of OKX Singapore, coupled with the acquisition of a full Major Payments… Read More

July 19, 2025 @ 5:51 pm By Michael Wong  |  

Singapore-based digital content monetization platform Coda has signed a definitive agreement to acquire Amsterdam-headquartered prepaid payments firm Recharge, according to an announcement. The transaction brings together two regional leaders as part of a plan to expand global reach across business-to-business and business-to-consumer segments. The combined… Read More