Startups

Diving deep into Singapore's fintech ecosystem

THE first time the word "hack" was linked to machines was likely in 1955. In the meeting notes of one of MIT's oldest clubs - the Tech Model Railroad Club - a request was made for anyone "hacking...

Fintech investors striking a match

FINTECH investors are beginning to find pockets of opportunity in this market, as startups mature to find niches even in this burgeoning space.

Making the elevator pitch

SINGAPORE was put on the map again at the inaugural fintech event in the Middle East and Africa region organised by the Abu Dhabi Global Market (ADGM), with several finalists in the Innovation...

UOB offers alternative funds for fintechs

TECH startups are, and will continue to be, one of the driving forces of the new digital economy. They bring to the market disruptive ideas that could transform entire industries. But ironically,...

Singapore as Prudential's global launchpad for insurtech tie-ups

PRUDENTIAL Singapore (Prudential) is looking to become a global launchpad for insurtech tie-ups for the international group, as it launched its first global fintech partnership programme in...

Insurtech shakes up insurance industry

AGE-OLD insurance companies are facing disruption from emerging startups less than half their age, as insurtech companies leverage technology to plug the gaps in the insurance space.

The essence of success

ONE Friday, I was on my way to dinner in an Uber when my driver asked: "Is that Dior?" I knew he was referring to my perfume, which was most definitely not Dior. So I said no. Then I paused - I wasn'...

China's Bytedance buying lip-sync app Musical.ly for up to US$1b

HONG KONG (Reuters) - Chinese online content platform Bytedance said on Friday (Nov 10) it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to US$1 billion (S$1.36...

Is Singapore's startup accreditation scheme pivoting to global outfits?

THE last few years have seen global tech startups - think Uber, Stripe, Netflix and ofo - flock to Singapore to acquire new customers or set up regional bases. But the likes of these companies...

ShopBack raises US$25m in latest funding round

SINGAPORE - E-commerce firm ShopBack has raised US$25 million in its latest funding round, bringing the company's total financing to date to close to US$40 million.