Ping An's OneConnect eyes backstage role in S-E Asian digibank race
ONECONNECT, the fintech associate of China's Ping An Group, decided not to apply for a digital banking licence in Singapore after exploring the prospects, its chief executive for Asia-Pacific and...
No more 'burn, baby, burn': VCs expect more caution in 2020
THE South-east Asian startup party is far from over, but venture capital firms expect that the music may hit a note of caution, as investors emphasise business fundamentals over pure hype.
GrabFood launches its first cloud kitchen in Singapore
GRABFOOD is ramping up its cloud kitchens venture with plans to add more properties to its existing slate of more than 50 such kitchens in Singapore, Indonesia, Thailand, Vietnam and the...
Tokyo positions itself as untapped market for fintech startups
SOFT jazz music plays in the glitzy Cotton Club of Tokyo's Marunouchi district. But instead of fine diners, the Monday evening crowd is an eclectic mix of Japanese bureaucrats and fintech...
IT vendor for schools Learnaholic and startup honestbee among 5 firms fined S$94,000 by PDPC
FIVE companies, including an IT vendor for schools and embattled startup honestbee, were fined a total of S$94,000 for breaching data privacy laws, the Personal Data Protection Commission (PDPC)...
Biotherapeutics startup Hummingbird raises US$19m in Series B funding
SINGAPORE-BASED Hummingbird Bioscience has raised US$19 million in a Series B round co-led by Mirae Asset Venture Investment and GNTech Venture Capital, the startup announced in a press release on...
Two GoBear co-founders resign; Indonesia operations to shut down
TWO co-founders of fintech startup GoBear have resigned and will leave by the end of the year, and the company is to close down its Indonesia financial comparison business just about a year after...
Tritech inks MOUs with Chinese firms on possible fintech foray
WATER and environmental group Tritech has inked two Memoranda of Understanding (MOUs) with Chinese firms Ooway Technology and China Business Credit Guarantee (CBC) that could result in an entry...
Rain or shine, there's no stopping StashAway
EVEN as global markets rumble, robo-advisor StashAway can count on its base of "habitual savers" with nerves of steel to ride the volatility.