FinTech

DBS offers SME customers quicker audit confirmation via digital platform

DBS has rolled out the banking industry's first digital audit confirmation solution, DBS Audit Confirmation, on its online corporate banking platform DBS Ideal.

Asean fintechs may list in US market on dual-listing track

SOME Asean fintechs may look to soon list in both their home markets and the US, riding on the demand for growth stocks from this part of the world, said a top Citi banker.

Grab faces tough digital bank fight as tech rivals muscle up

DESPITE fresh firepower valuing it at US$3 billion, Grab's fintech arm faces a tough fight in South-east Asia. This is particularly so since its tech rivals, Sea and Gojek, have scooped up stakes...

Asset platform Zipmex raises US$6m in new funding round

SINGAPORE-BASED digital asset exchange Zipmex has closed a US$6 million funding round, the trading platform announced on Tuesday.

Rely bags up to S$100m Goldbell financing for buy-now-pay-later

FINTECH firm Rely has obtained a facility from a unit of local small and medium-sized enterprise Goldbell Financial Services to finance up to US$100 million in buy-now-pay-later (BNPL)...

Singapore to open payment rails to selected non-bank financial firms from February

SINGAPORE is opening up access to the payment rails once held sacred by only the banking industry.

Gaming helps build Shopee's future: Sea's Forrest Li

DO gaming and e-commerce belong under the same company, especially if one is greatly profitable, and the other still in the red - as is the case with homegrown Internet giant Sea?

Grab backs LinkAja in latest twist to e-wallet war against Gojek

THE fierce e-wallet war between Grab and Gojek in Indonesia has gone up a notch, with Grab gaining a stake in an Indonesian e-wallet backed by state-owned enterprises (SOEs).

Grab leads Series B round of up to US$100m into Indonesian e-wallet LinkAja

GRAB is leading a Series B round of up to US$100 million in commitments into Indonesia's state-backed e-wallet LinkAja, the companies announced in a statement on Tuesday.

Moving ahead with confidence

IT is "wartime" for homegrown fintech startup M-DAQ, says founder and CEO Richard Koh.

Ant's foiled IPO: Taming of Jack Ma or urgent need to rein in fintechs?

ONE of the early signs that the Ant Group's US$35 billion initial public offer (IPO) had hit a snag was the curious tearing down of all its advertisements from billboards across Shanghai Metro...