FinTech

Robo-advisory startup Bambu raises US$10m to grow global team, offer more products

BAMBU, a Singapore-based provider of digital wealth technology, has raised US$10 million in Series B funding to build up its delivery and support teams in key global markets and expand its product...

Cathay Financial, Indovina Bank, Finaxar tie-up to improve SME financing in Vietnam

VIETNAM’S small and medium enterprises (SMEs) can now access up to 500 million dong (S$29,220) in funds online, under a new cross-border partnership to improve access to SME financing.

UBS launches Future of Finance Challenge contest for the region in Singapore

SINGAPORE - UBS has launched its Future of Finance Challenge competition for the Asia-Pacific region in Singapore, one of six cities around the world to invite innovators and fintechs to take part...

Digital wealth manager Syfe launches in Singapore with $5.2m in seed funding

SINGAPORE - Digital wealth manager Syfe has launched in Singapore after raising $5.2 million in seed funding and receiving the capital markets services (CMS) license from the Monetary Authority of...

Singapore chosen by Bank for International Settlements for innovation hub centre

SINGAPORE - The Bank for International Settlements (BIS), the global bank for central banks, will establish an innovation hub centre in Singapore in a move that Singapore's central bank said...

Fintech use in S'pore almost triples to 67% in 2 years: EY

The use of fintech products and services has shot up in recent years.

Fave sets sight on merchants as rivals grow

IN the crowded space of mobile rewards and payment platforms, Singapore-based Fave is going hard after the merchants to set itself apart.

Singapore's 3 big banks can defend market share against fintech threats: Moody's

SINGAPORE - The three largest banks by assets in Singapore will be able to defend their market share against fintech competitors, despite the rapidly growing threats to their bank business from...

Ayondo chairman disposed of 1.2m shares on Nov 22 for undisclosed sum

SINGAPORE - Ayondo chairman and co-founder Thomas Winkler transferred 1.2 million shares on Nov 22, 2018, at an undisclosed price to third parties who are existing Ayondo shareholders, according...

Blockchain capital markets platform iSTOX enters MAS fintech sandbox; sets up legal panel

SINGAPORE - Capital markets platform iSTOX, designed by blockchain-based infrastructure company ICHX Tech, has been admitted into the Monetary Authority of Singapore (MAS)'s FinTech Regulatory...