Singapore fintech

AMTD Digital eyes controlling stake in Singapore fintech FOMO Pay

AMTD Digital is looking to acquire a controlling stake in Singapore-based one-stop Quick Response (QR) code payment aggregator and payment gateway provider FOMO Pay, the two companies announced in...

AMTD Digital to buy controlling stake in Singapore fintech FOMO Pay

AMTD Digital is looking to acquire a controlling stake in Singapore-based one-stop Quick Response (QR) code payment aggregator and payment gateway provider FOMO Pay, the two companies announced in...

ARA, John Lim's family office venture into fintech with Minterest stake

ARA Asset Management chief executive officer (CEO) John Lim's family office, JL Family Office, and the group's property management arm have jointly acquired a 52.08 per cent stake in crowdfunding...

Razer Fintech organises May 15-17 hackathon to solve financial challenges amid pandemic

RAZER’S fintech arm, Razer Fintech, will launch its first digital hackathon in Singapore to "support and resolve issues faced by the youth and local startups due to the Covid-19 crisis".

Robo-advisers hold steady as Covid-19 presents first big test

THE big swings in global financial markets due to the virus fallout present the first big test for robo-advisers in Singapore - young digital upstarts that only penetrated the local wealth scene...

Grab aims to drive Asean e-wallet adoption with latest card launch

GRAB is turning up the heat in the payments competition, launching GrabPay Card to tie in its ambition to drive an Asean wallet for borderless payments by the rising middle class.

Fintech investments in Singapore climb 69% in first 9 months of 2019: report

FINTECH investments in Singapore for the nine months ended Sept 30 jumped 69 per cent to US$735 million from US$435 million in the same year-ago period, according to research from professional...

New chapter in banking begins as applications open for digital banks

RIDE-HAILING firm Grab is "confident" of meeting the digital banking licence requirements that include "a path towards profitability" on a five-year projection, the unicorn told The Business Times...

Fintechs rethink IPO rush amid weak debuts, healthy funding options

THE stinging performance of Uber's listing on the New York Stock Exchange - just as markets turned jittery again on renewed trade tensions - should add to the caution of young fintech firms in...

Major VC player from Israel plans Asia fund, but says it'll watch out for froth

ONE of Israel's most active venture funding outfits plans to raise between US$30 million and US$50 million with an Asian partner for its first Asia fund in the next 18 months, even as it watches...

Banks partner fintechs in quest for digital dominance

THERE is a power play ahead for Singapore banks as they cosy up to fintechs that offer quicker ways to scale and deepen their reach to bankable customers.