FinTech

Swiss fintech incubator F10 sets up office in Singapore

ZURICH-BASED incubator and accelerator F10 has expanded to Singapore, and will kick off its six-month programme in the city-state next May.

China's Xiaomi launches online lending service in India

[NEW DELHI] Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world's biggest Web services...

Ping An's fintech halo is losing its glow

[HONG KONG] A Chinese fintech glow is burning less brightly. Insurance titan Ping An just kicked off plans to take public its OneConnect banking software business in New York. A mooted US$5 billion...

Singapore fintech Osome raises US$3m to expand to UK, Hong Kong

DIGITAL business services startup Osome on Tuesday said it has raised US$3 million from venture capital firms led by existing investor Berlin-based Target Global, with participation from Phystech...

Payments platform 2C2P raises $71m for expansion

Regional payments platform 2C2P, which helps airlines, travel companies and online shopping malls handle payments from customers in the region, has raised US$52 million (S$71 million) from...

Fintechs lag banks in providing financial services to Singapore businesses: report

FINTECHS lag banks when it comes to providing financial services to Singapore's businesses, with limited product offerings and most businesses...

Thai bank targets US$1b spinoff among its fintech units

[BANGKOK] Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries to monetise its push into technology investment at a time of sluggish earnings from traditional...

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...

Money FM podcast: MAS CFO shares takeaways from the Singapore Fintech Festival

Sopnendu Mohanty, chief fintech officer, Monetary Authority of Singapore, talks about insights gained after wrapping up the biggest edition of the Singapore Fintech Festival to date.

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...

Singapore touted as capital markets model for developing nations

SINGAPORE is turning out to be a model of capital-market development for some countries in the Middle East and Africa, according to Michael Piwowar, former commissioner at the US Securities and...