Instarem aims at Japan and Indonesia with $41m funding
This latest round takes InstaReM’s total funds secured to $59.5 million, with an expected IPO in 2021.
Singapore
Wirecard under fraud investigation by Singapore police
One employee has been suspended until the inquiries conclude.
TurnKey Lender locks in new investment from OSK Ventures
Singapore-based digital solution provider gets more funding.
Singapore regulator’s new tech group targets risky business
Monetary Authority of Singapore makes some changes and gets truly focused.
Insurtech Axinan plays it cool with igloo app launch
Singapore-based firm targets popular millennial market.
Validus Capital raises $15m for SME financing
Series B round led by Dutch public-private development bank FMO.
TMRW dawns as UOB’s digital bank will debut in Thailand
New entity is designed for “mobile savvy” millennials.
Blockchain Exchange Alliance preps tech for payments push
With a heavy emphasis on partnerships and acquisitions.
Singapore regulator warns of national cryptocurrency scam
Websites falsely claim that Singapore is adopting a cryptocurrency as its official coin.
Infinito blockchain platform is one stop show
All-in-one and designed for businesses and developers.
DBS chief innovation officer Neal Cross leaves for fintech start-up
Calls time on five lively years and moves to PictureWealth.
Citi tests out TCS Bancs for core system revamp
EXCLUSIVE. The bank is testing the platform in Singapore.
Dashing OCBC Bank unleashes SME dashboard
“We anticipate that this will become a command centre for them.”
Blockchain explorers get fearsome Enjin
Singapore firm unleashes “Google of the blockchain”.
Top ten fintech analysis features in 2018
Dive into all things fintech!
Social trading firm Ayondo goes pro
Clients will be able to trade more than 2,000 instruments.
DBS switched on for Suzhou start-ups
Bank stays busy via MoU and yearns for playtime at Suzhou Industrial Park.
Singapore regulator makes payments top Bill-ing
Monetary Authority of Singapore finalises its Payment Services Bill.
Thank Mbanq for its first Banking-as-a-Service accelerator
Silicon Valley-based bank chooses Singapore as first location.
Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Canada, UK and Singapore prep for blockchain-powered payments
Central banks and regulator reveal heightened interest and assesses alternative models.
Sandbox Express steams into Singapore’s fintech station
Monetary Authority of Singapore quickly thinks up pre-defined sandbox concept.
Singapore Exchange and regulator in cross-DLT settlement breakthrough
They have developed delivery versus payment capabilities for the settlement of tokenised assets.
Singapore regulator preps $5bn for finance investment
Wants a “stronger platform for growth finance and infrastructure development”.
Mirror, mirror on the wall, is Singapore’s AI fairest of them all?
Regulator wants fairness, ethics, accountability and transparency.
Meniga gains foothold in Southeast Asia with UOB deal
Meniga’s tech to help UOB’s customers “keep track in real time of their savings and expenses more easily and clearly”.
Grab gets $50m funding from Kasikornbank
They also unveil GrabPay by KBank, a co-branded mobile wallet.
DBS Bank and Agrocorp to launch a supply chain blockchain platform
From Australian farmers, to Singapore and beyond.
Singapore unveils world’s first unified payment QR code
SGQR will be adopted by 27 payment schemes.
Singapore Exchange and regulator seek cross-DLT settlement
Developing delivery versus payment (DvP) capabilities.
OCBC Bank unveils robo-investment service
Targeting “young and tech-savvy investors”.
Temasek favouring fintech investment over US banks
Singapore-based firm sees it as a more profitable industry.
Prudential Singapore calls for fintech scale-ups
Second edition tackles mix of fintech, insurtech, healthtech and medtech.
Zilliqa and Infoteria pair up to push blockchain DApps
APAC plan to promote adoption of decentralised applications.
Fintech infrastructure firm C88 gets $28m funding
Funding round led by Experian, alongside many other investors.
UOB invests in cognitive banking firm Personetics
UOB will also use Personetics’ tech to extend its own machine learning capabilities.
Interview: Ching Ching Tan, Ngee Ann Polytechnic
Ngee Ann Polytechnic and CFTE have launched a new “AI in Finance” course.
OCBC Bank turns tellers into digital ambassadors
Wants to upskill its workforce.
Razer expands payments reach with Singapore move
Partners with United Overseas Bank to launch Razer Pay.
Singapore goes AI: training, incentives and regulation
Banks in Singapore take the lead on artificial intelligence (AI) training.
