Fintech

Fintech

Sea, another Temasek-linked company, joins digital bank licence bid

SINGAPORE (Jan 7): Sea Limited, which started as an online gaming company, is going solo in its bid for a digital full bank licence here in Singapore, targeting millennials and SMEs.

Fintech

Ron Sim, Far East, SBF and Temasek unit Heliconia set sights on SME market with digital bank license bid

SINGAPORE (Jan 5): A consortium of big local names including a Temasek-linked entity Heliconia, developer giant Far East Organization and Ron Sim-chaired V3 Group has announced that a bid for one o

Fintech

iFast confirms bid for digital bank license; AUA crosses $10 billion in 2019

SINGAPORE (Jan 3): Singapore-based wealth management platform iFAST Corporation has confirmed its bid for one of the digital wholesale banking license to be given out in Singapore. 

Fintech

Singtel said to be talking to Grab on Singapore digital bank bid

SINGAPORE (Nov 28): Singapore Telecommunications is in talks with companies including Grab Holdings Inc to jointly bid for a digital banking licence in the city-state, according to people familiar

Fintech

Ant may join race for Singapore virtual bank licences

(Nov 19): Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking licence in Singapore, a move that would add a heavyweight contender to the race.

Fintech

MAS partners financial industry to create framework for responsible use of AI, data analytics

SINGAPORE (Nov 13): The Monetary Authority of Singapore (MAS) announced Wednesday it is working with financial industry partners to co-create a framework for the responsible adoption of Artificial

Fintech

Singapore fintech firms grabs more than half of funding in Asean: Report

SINGAPORE (Nov 12): Financial technology firms in Singapore continue to grab the lion’s share of funding in Asean, according to a report by United Overseas Bank (UOB), PwC and the Singapore FinTech

Fintech

Fintech investments to get a boost with new industry-wide research platform

SINGAPORE (Nov 12): Even as fintech start-ups struggle to raise capital, investors and financial institutions bemoan the lack of access to information that can help them source companies that could

Fintech

MAS, JP Morgan, Temasek jointly develop prototype for multi-currency payments

SINGAPORE (Nov 11): The Monetary Authority of Singapore (MAS), global investment bank JP Morgan and local sovereign fund Temasek have jointly developed a blockchain-based prototype that enables pay

Fintech

Singapore considers extending fintech funding beyond 2020

SINGAPORE (Nov 11): Singapore’s central bank is poised to extend funding for financial-technology initiatives because the five-year round ending in March has yielded positive results, its top offic

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