FinTech

Revolut launches Revolut Business in S’pore, first market in Asia - THE EDGE SINGAPORE

Fintech

Revolut launches Revolut Business in S’pore, first market in Asia

Revolut is offering a free, three-month trial of two of Revolut Business’ four price plans. The Basic plan is free of charge.

Tech

Why the sentiment has changed for once hot fintechs

The US stock market surges and Nasdaq shines, but fintech struggles amidst rising interest rates and regulatory shifts.

Fintech

Asia Pacific saw largest y-o-y decline in fintech funding in 1Q2024: S&P Global Market Intelligence

Globally, fintech startups engaged in 529 funding rounds worth US$6.58 billion in 1Q2024.

Fintech

Singapore Fintech Association launches Project Tapir to identify local fintech companies keen on penetrating Malaysia

The project is in partnership with Malaysia-based venture capital firms, Artem Ventures and OSK Ventures International Bhd.

Fintech

Six of Hugosave’s offerings now Shariah-compliant certified

This provides Muslim clients access to financial tools grounded in their values and beliefs.

Fintech

Asia Pacific VC flow into fintechs dropped 27% y-o-y in 2023: S&P Global Market Intelligence

Globally, VC flows into fintechs dropped 42% y-o-y to US$35 billion.

Singapore Fintech Festival 2023

SFF 2023 spurs discussion on generative AI and the future of finance

MAS managing director Ravi Menon emphasised the need to focus on building a global public good payment utility system.

China Focus

Jack Ma-backed Ant's profit fell 65% due to RMB7 billion yuan fine

Ant’s profit would have grown to RMB9.6 billion excluding the fine

Singapore Fintech Festival 2023

MAS to release financial sector GenAI risk framework whitepaper in January

The framework will enable financial institutions to use GenAI in a responsible manner.

Singapore Fintech Festival 2023

Financial services will be more quickly impacted by language models, AI tech than other sectors: Tharman

It is important to think through and find ways to address the distributional consequences of the new technological revolution.
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