London-based TransferWise has been renamed as Wise and expanded its Singapore office to larger premises with more than 70 additional headcount in 2021. Launched in 2011, the money transfer company has built a cross-border payments […]
Category: fintech
Budget Direct Insurance offers 24-hour online emergency assistance
Singapore’s Budget Direct Insurance has launched a 24/7 online emergency support for motorists and travellers seeking assistance while on the road in Singapore or travelling in Malaysia or South Thailand. The link from the company’s […]
Goodbye, DBS 2FA token!
Come April 1, DBS Bank customers need no longer use the physical 2FA token for online and mobile transactions — that’s one less device to carry. The bank has decided to go fully digital and […]
YouTrip partners with Visa to accelerate SEA expansion
YouTrip has inked a six-year partnership with Visa to accelerate its expansion into Southeast Asia (SEA). With presence in Singapore and Thailand, the fintech startup plans to establish bases in Malaysia and the Philippines. Malaysia […]
GoBear closing shop
In a sad sign of the times for the startup scene, GoBear is beginning a formal process to shut down operations because of the pandemic-hit operating environment and an inability to raise additional funds. The […]
Singapore launches Asian Institute of Digital Finance
A week after granting four digital banking licences, Singapore has moved further in the fintech space. with the launch of the Asian Institute of Digital Finance (AIDF). Hosted by the National University of Singapore and […]
Fintech startup Sleek secures US$4m funding
Sleek has raised US$4 million in a new funding round by SEEDS Capital, MI8 Limited and investor Pierre Lorinet. The capital injection will be used to expand to new markets in Asia and develop digital […]
YouTrip taps online gaming market
Following the rise of online gaming due to pandemic restictions, multi-currency mobile wallet YouTrip has moved to tap Singapore’s online gaming community. It has launched the YouTrip Gaming platform to connect like-minded users and strengthen […]
Manny Pacquiao’s outfit to launch digital payment platform
World boxing champion Manny Pacquiao is looking to take his winning ways from the ring to the digital payment arena in Asia and beyond.
MAS pledges S$250m to drive fintech innovation and adoption
The Monetary Authority of Singapore (MAS) has committed S$250 million to a scheme to accelerate technology and innovation in the financial sector over the next three years.
Cloud Expo Asia, Hong Kong goes online
Cloud Expo Asia, Hong Kong is the latest tech event in the region to move online — another casualty of the coronavirus. The dates remain the same — September 23 and 24 — and its contents will be remain online for three weeks after the event.
ABC Technology named as WEF Technology Pioneer
ABC Technology has been named on the list of Technology Pioneers announced by the World Economic Forum (WEF) today. The fintech innovator is among 15 Asian companies to receive this prestigious award.
Mai Linh enables SmartPOS payment in taxis
Mai Linh has become the first transport company in Vietnam to offer SmartPOS payment service in taxis.
GoBear secures US$17m funding
Amid the investment slowdown due to the COVID-19 pandemic, GoBear has managed to secure an additional US$17 million in funding to help it become a full-fledged financial services platform.
ABC Technology listed among IDC’s 101 fastest growing fintech in APAC
Fintech startup ABC Technology has been rated by IDC as among the 101 fastest growing fintech companies in the Asia-Pacific region (excluding Japan).
Beyond makes it three for digital full bank licence in Singapore
The Beyond consortium led by V3 Group and EZ-Link has become the third player vying for a digital full bank licence in Singapore. It follows submissions by a Singtel-Grab team and another by Razer, Sheng Siong and four other partners.
Singtel and Grab team up for digital banking licence in Singapore
Singtel and Grab have joined hands to apply for a digital full banking licence in Singapore. In a joint statement, the companies announced that they will form a consortium with Grab taking a 60 percent stake and Singtel 40 percent.
Fintech startup ABC Technology makes Singapore its international HQ
Singapore’s vibrant fintech community has scored another first with Beijing-headquartered strtup ABC Technology making Singapore its international base.
