Tagged: singapore

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

July 19, 2025 @ 11:15 am By Michael Wong  |  

Gordian Capital, Asia’s oldest and largest institutional fund platform with $17 billion in assets under management, plans to expand into Dubai, subject to regulatory approval from the Dubai Financial Services Authority. The Singapore-based firm intends to offer fund platform services in the Dubai International Financial… Read More

July 18, 2025 @ 8:17 am By Michael Wong  |  

Princeton Digital Group (PDG), a major Asia Pacific data center operator headquartered in Singapore, said it had signed a definitive agreement for a $1.3 billion preferred equity investment from alternative investment firm Stonepeak to support its regional expansion plans. The investment follows PDG’s $1.2 billion… Read More

July 14, 2025 @ 5:31 am By Michael Wong  |  

BDx Data Centers, a China-based carrier-neutral operator, has partnered with Singapore’s Anyon Technologies to install Southeast Asia’s first hybrid quantum artificial-intelligence testbed at BDx’s SIN1 facility in Paya Lebar, Singapore, according to an announcement. The companies signed a memorandum of understanding to formalise the collaboration,… Read More

July 13, 2025 @ 1:10 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) have agreed to deepen cooperation in green and transition finance following the third Singapore-China Green Finance Taskforce (GFTF) meeting, held in Singapore. The meeting, convened for the first time in the city… Read More

July 11, 2025 @ 10:13 pm By Michael Wong  |  

Schroders has established a Global Digital Assets Centre of Excellence in Singapore, in a bid to strengthen its push into digital innovation and as a deeper commitment to the evolving landscape of tokenised finance, according to a company announcement. The new centre, led by Marita… Read More

July 8, 2025 @ 9:48 pm By Michael Wong  |  

Singapore’s efforts to position itself as a regional hub for Fintech face a critical stumbling block, as most Fintech firms say they cannot obtain the bank data needed to build services for small businesses, a new industry report has shown. Fintech Nation, a public-benefit corporation… Read More

July 8, 2025 @ 5:04 am By Michael Wong  |  

Southeast Asia’s financial technology (Fintech) sector raised $776 million in the first half of 2025, up 31% from the $593 million recorded in the second half of 2024, according to Tracxn’s SEA FinTech Semi Annual Funding Report. While overall funding fell 22% compared to $1… Read More

July 5, 2025 @ 10:44 pm By Michael Wong  |  

Singapore’s central bank has imposed S$27.45 million ($20.3 million) in fines on nine financial institutions after concluding a sweeping investigation into anti-money laundering (AML) lapses tied to a major money laundering case uncovered in August 2023. The Monetary Authority of Singapore (MAS) said it had… Read More

July 4, 2025 @ 12:51 am By Michael Wong  |  

Singapore’s central bank will strengthen liquidity risk management rules and overhaul its data collection regime for fund managers, as it seeks to bolster resilience in the country’s asset management sector amid heightened global economic uncertainty. In a keynote speech at the Investment Management Association of… Read More

July 3, 2025 @ 1:24 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has proposed new measures to improve investor disclosures and simplify regulatory requirements for complex financial products, in a move aimed at balancing self-directed investing with protections for vulnerable consumers. The consultation paper, published on July 1, outlines enhancements to… Read More

July 2, 2025 @ 8:21 pm By Michael Wong  |  

Global investment major KKR has launched Ascend Asia Financial Services Group, a new financial advisory platform based in Singapore, according to an announcement. It also simultaneously announced the acquisition of Singapore advisory firm finexis and its affiliates. The acquisition, made through funds managed by KKR,… Read More

July 2, 2025 @ 10:46 am By Omar Faridi  |  

Tether, which claims to be the largest company in the digital asset industry, has signed a Memorandum of Understanding (MoU) with the Zanzibar e-Government Authority (eGaz), marking a collaboration to advance digital asset education and financial innovation across developing regions. This MoU aligns with Tether’s… Read More

July 1, 2025 @ 3:50 am By Michael Wong  |  

Southeast Asia’s technology ecosystem raised $2 billion in total funding in the first half of 2025, reflecting both a short-term slowdown and signs of long-term recovery, according to data from Tracxn. The figure marks a 24% decline from the $2.6 billion raised in the second… Read More