Welcome!
financial technology (FinTech)
Fintech
Decline in fintech-focused VC investment in 3Q2024; US remains top destination for VC: S&P Global report
According to the report, compared to the previous quarter, the total amount was down 27% and total rounds were down 20%.
October 16, 2024
Fintech
Singapore’s fintech will struggle to find talent
Singapore can’t afford to slim down when Hong Kong is bulking up, says Bloomberg's Andy Mukherjee.
November 17, 2023
Digital Economy
Thriving on risk: Three predictions on the future of compliance amid hyper digitalisation
A connected GRC strategy is needed to balance growth and responsibility in a digital world.
December 09, 2022
Fintech
UOB, The FinLab select 16 Malaysian businesses for digital transformation
SINGAPORE (Sept 24): United Overseas Bank (Malaysia) has selected 16 Malaysian businesses to participate in The FinLab’s Jom Transform Programme.
September 24, 2019
Disruption and Digitalisation
Jack Ma's $398 bil loan machine is changing Chinese banking
(July 29): Jack Ma’s online bank is leading a quiet revolution in the way China lends to small businesses, taking aim at a credit bottleneck that has held back Asia’s largest economy for decades.
July 29, 2019
Fintech
Razer partners Visa to develop virtual prepaid payment solution for Razer Pay users
SINGAPORE (June 24): Razer Inc, the homegrown manufacturer of gaming laptops and gear, and digital payments leader Visa have partnered up to transform payments in the gaming industry by bringing Visa’s global network to Razer Pay e-wallet users.
June 24, 2019
Fintech
Mega innovation event in Nov with merger of FinTech Festival and SWITCH
SINGAPORE (June 13): Three government agencies are pooling resources to organise a mega multi-day event this November for an global audience tied by the common purpose of pushing innovation and entrepreneurship.
June 13, 2019
Broker's Calls
Solid fundamentals, ample new order opportunities keep Silverlake at 'buy'
SINGAPORE (May 24): DBS Vickers Securities is maintaining “buy” on Silverlake Axis while raising its target price on the stock by 1 cent to $0.63, which is derived from the peer average of 21 times FY19F P/E based on the group’s FY Jun 20F earnings
May 24, 2019
Equity raising
YouTrip raises record US$25.5 mil pre-series A to expand its platform across Asean
SINGAPORE (May 16): YouTrip, Singapore’s first multi-currency mobile wallet with a prepaid Mastercard which was jointly developed by EZ-Link, has raised US$25.5 million ($34.9 million) in its latest pre-Series A fundraise.
May 16, 2019
Fintech
Singapore, Kenya central banks to jointly organise first ever Afro-Asia FinTech Festival
SINGAPORE (May 7): The Monetary Authority of Singapore (MAS) and the Central Bank of Kenya (CBK) jointly announced that they will be organising the inaugural Afro-Asia FinTech Festival.
May 07, 2019