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
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.
AwanTunai Exceeds Series B Target, Raises US$27.5M Led by …
WEBMar 12, 2024 · Free Newsletter. Indonesian fintech startup AwanTunai has successfully closed its Series B funding round, amassing US$27.5 million. The Jakarta-based company, known for its point-of-sale financing solutions aimed at digitising the nation’s predominant cash economy, has surpassed its initial target of US$25 million due to heightened investor ...
How SGFinDex Drives Digital Transformation in Singapore's …
WEBMay 18, 2023 · Through SGFinDEx, consumers can access various financial planning tools, offering bespoke insights and recommendations based on their financial data. This, in turn, fosters digital transformation and innovation in the financial services sector, enabling data-driven solutions that cater to a broad spectrum of consumer preferences and needs.
MAS Explains Why Binance Was Pinned on Investor Alert List but …
WEBNov 22, 2022 · This prompted MAS to place Binance on its Investor Alert List in September 2021 and several days after that, the crypto exchange ceased offering its products and services. Binance had also put in place various measures including geo-blocking of Singapore IP addresses and the removal of its mobile application from Singapore app …
A Deep Dive Into the Fintech Portfolio of Singapore’s GIC
WEBMay 16, 2023 · Coda Payments. Singapore-based Coda Payments secured a record-breaking investment of US$690 million in 2022, from Singapore’s sovereign wealth fund GIC, alongside American firms Insight Partners and Smash Capital. This investment catapulted the valuation of the online gaming payments platform to …
Must-Attend Sessions at the 2022 Singapore Fintech Festival
WEBOct 27, 2022 · The annual Singapore Fintech Festival (SFF) is returning this year from November 02 to 04, 2022 as an in-person event, promising to bring together tens of thousands of participants to discuss some of the industry’s most pressing challenges and hottest trends. Organized by the Monetary Authority of Singapore and Elevandi, in partnership with ...
Brunei’s Fintech Industry Continues to Grow Amid Rising Demand …
WEBDec 22, 2020 · Though still in its early stages, Brunei Darussalam’s fintech ecosystem is developing quickly on the back of rising demand for low-cost fintech products, increasing number of entrepreneurs and startups, and supportive government initiatives, according to a new report by the Monetary Authority of Brunei Darussalam (AMBD).
MAS Unveils Five New Industry Pilots Under Project Guardian
WEBNov 15, 2023 · Leong Sing Chiong. Leong Sing Chiong, Deputy Managing Director (Markets and Development), MAS, said, “Project Guardian’s industry pilots have successfully demonstrated that tokenised financial assets such as fixed income, foreign exchange and asset management products can be traded, distributed, and …
5 Top Fintech Trends Set to Define Singapore
WEBJan 11, 2024 · The top fintech trends in Singapore shaping this growth include instant cross-border transactions, generative AI across financial services, emerging digital currency uses, embedded finance “as-a-Service”, and increased ESG reporting and data convergence. Embracing these emerging fintech trends will be crucial for Singapore to stay ahead in ...