News

Revolut drops out of Singapore digibank race over high capital requirement

AS THE deadline for digital banking applications creeps closer, high-profile payments fintech Revolut has closed the door to joining Singapore's digital bank landscape over high capital...

Fintechs in S'pore draw majority of funding in region: Report

Fintech firms here have continued to attract the lion's share of global funding among Asean countries, cementing Singapore's status as the sector's regional hub.

WeWork said to be tapping T-Mobile's CEO for top post

NEW YORK • WeWork, which is seeking a new chief executive to lead the co-working company's overhaul, is in talks with T-Mobile's John Legere, according to two people briefed on the discussions....

Temasek injects more money into UK start-up pureLiFi

SINGAPORE - Singapore state investment firm Temasek Holdings has pumped more money into an Edinburgh-headquartered start-up that delivers high-speed and secure internet through light, instead of...

TransferWise CEO preps for Malaysia launch, no IPO plans for now

[SINGAPORE] TransferWise Ltd, which recently raised funds at a US$3.5 billion valuation, is launching an international payments service in Malaysia soon as part of an ongoing Asian expansion, chief...

Singapore fintechs get lion's share of investments to Asean countries: Report

SINGAPORE - Financial technology (fintech) firms in Singapore continued to attract the lion's share of global funding among Asean countries, and the Republic remains the preferred base for fintech...

Singapore retail sales down 2.2% in September for 8th straight monthly fall

SINGAPORE'S retail sales fell 2.2 per cent in September, in the eighth straight month of year-on-year decline, according to latest Department of Statistics figures on Tuesday.

MAS, Deloitte, S&P create prototype research platform for fintech investments

A NEW industry-wide digital research platform will help investors and financial institutions connect with fintech startups that they can partner with or invest in.

Ignoring women costs the financial industry US$700b a year

[SYDNEY] The male-dominated finance industry is missing out on more than US$700 billion a year in revenue by failing to listen to or tailor products for women, according to management consultancy...

Wall Street's very own unicorn emerges in private credit frenzy

[NEW YORK] It might sound like another techland unicorn: a four-year-old startup suddenly worth US$2.5 billion.

Leadership myths and mistakes

I HAVE always been attracted by the bigger picture and the impact one can have on others, either as an individual or as a team.

 

Emerging Enterprise award

Closes June 1, 2019