Fintech Singapore Digital Finance News - FintechNewsSG
WEBSep 11, 2024 · Fintech News Singapore India InsurTech DBS in Early Talks for Insurance Collaborations in India, Taiwan By Fintech News SingaporeSeptember 11, 2024 DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new bancassurance partnerships, according to people with knowledge of the matter. The Singapore-based lender has turned to
TransferWise Rebrands to Wise Ahead of Singapore Office Expansion
WEBFeb 22, 2021 · London-based fintech unicorn TransferWise announced its rebranding to Wise and the strengthening of its Asia Pacific presence with the expansion of its office in Singapore. Originally launched in 2011 as a money transfer service for people, the company has expanded to build a cross-border payments network with a …
List of Licensed Crypto Services Providers in Singapore
WEBJan 25, 2024 · Singapore’s Payment Services Act licensing framework for payment service providers, Source: Deloitte, 2019 . Since the PS Act came into effect on January 28, 2020, the Monetary Authority of Singapore (MAS) has received over 580 applications for payment services licenses and completed the review of more than half of them, MAS board member Alvin Tan said on April 4, 2022.
Siam Commercial Bank’s Spin-off SCB Abacus Closes US$12 …
WEBSep 30, 2021 · SCB Abacus, an alternative digital lending platform in Thailand, has raised US$12 million in an oversubscribed Series A funding round. The firm, a fintech spin-off from the Siam Commercial Bank, has a flagship digital lending application “MoneyThunder” offering micro loans and Buy Now, Pay Later services for the underserved and unbanked retail segments in Thailand.
Top 10 Highlights from Last Week’s Singapore Fintech Festival
WEBNov 8, 2022 · The seventh edition of the Singapore Fintech Festival (SFF), one of the world’s largest annual fintech events, kicked off on October 31, 2022 as an in-person event at the Singapore Expo.. This year’s event, themed “Building Resilient Business Models amid Volatility and Change”, saw more than 850 expert speakers, a total of 2,000 organisations and over 250 hours of content across its ...
UOB Launches AI-Powered Personal Financial Management Tool
WEBNov 11, 2019 · Free Newsletter. United Overseas Bank (UOB) has launched Mighty Insights, an artificial intelligence (AI)-based digital banking service to help their customers better manage their finances. With this digital service, UOB will anticipate and provide insights that enable its customers to track their savings …
Tutuka, Paymentology Merge to Form New Payments and Card …
WEBDec 17, 2021 · Issuer processors Paymentology and Tutuka announced that both entities are merging to create a new payments and card processing powerhouse. Operating under the Paymentology name, the merger creates a new force in payment solutions which gives banks and fintechs the technology, team and experience to issue and process Mastercard, Visa and UnionPay cards across 49 countries.
Singapore’s First Wholesale Digital Bank GLDB Goes Live
WEBJun 3, 2022 · The Green Link Digital Bank (GLDB), one of the winners of Singapore’s digital banking licenses, has officially commenced its operations. The consortium behind GLDB comprising Greenland Financial Holdings and Linklogis Hong Kong was awarded one of the two digital wholesale bank licenses by the Monetary Authority of Singapore (MAS) in December 2020. ...
Nium is the Sole Asian Fintech on the Latest Forbes Fintech 50 List
WEBFeb 22, 2024 · In its ninth annual Fintech 50 list, Forbes has spotlighted its key contributors to the fintech sector, and Singapore-headquartered payments firm Nium has been distinguished as the sole Asian entity to feature this year.
Singapore's Aspire Raises US $158 Million to Build the "Salesforce" …
WEBSep 27, 2021 · Free Newsletter. Y-Combinator-backed Aspire announced today they have raised US$ 158 million in their Series B round. Founded in 2018 by Lazada founders and former executives, Aspire provides “all-in-one financial services” to entrepreneurs and has served over 10,000 businesses across South East Asia. The oversubscribed US$ 158 …