FinTech

Razer mulls digibank retail licence but notes tight Dec 31 deadline

RAZER is still mulling over applying for a Singapore digital banking licence but if it proceeds to meet the Dec 31 deadline, the gaming lifestyle brand will be gunning for one of two retail...

SingSaver licensed to offer over 100 policies from 12 insurers

Financial comparison platform SingSaver has secured a brokerage licence from the Monetary Authority of Singapore to offer more than 100 insurance policies from 12 providers.

The rise of the Asian 'super app'

Rice Basket Queen is the name of a stall run by Ms Ruri Ruhyaty in a bustling suburb of Jakarta. A year ago, it was typical of thousands of others. Ms Ruri would place her fish and vegetable...

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...