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Tag: Fintechnews Singapore

Backbase Bags US$129 Million Funding, Now Valued at US$2.7 Billion

Digital banking software provider Backbase announced that it has raised US$128.6 million in growth equity funding from Motive Partners which values it at US$2.66...

ComfortDelGro Partners Alipay+ to Accept Mobile Payments From Malaysia, S. Korea

Singaporean taxi operator ComfortDelGro Taxi has partnered with Alipay+ to enable mobile payments from Malaysia and South Korea through Touch ‘n Go eWallet and...

Web3 Payments Startup Request Finance Raises US$5.5 Million Seed Funding

Request Finance, a Web3 enterprise crypto payments startup, announced that it has closed a US$5.5 million in a seed funding round.Participants of the fundraise...

Singaporean Lender Capital C Raises SGD$ 74 Million to Fuel Expansion Plans

Capital C Corporation, a Singapore-based financial services provider, announced that it has raised SG$74 million in a recent fundraise.The round was joined by PhillipCapital,...

ADDX Now Recognises Crypto Assets When Onboarding Accredited Investors

Private market exchange ADDX announced that it now recognises cryptocurrency assets for the purposes of onboarding accredited investors to pave the way for more...

Indonesian Crypto Investment Platform Pintu Raises US$113 Million Series B

Pintu, an Indonesian crypto asset trading and investment platform, announced that it has closed a Series B funding round of US$113 million (Rp. 1.6...

Binance Labs Invests in PancakeSwap’s Token CAKE

Binance Labs, the venture capital and incubation arm of Binance, has invested an undisclosed sum in PancakeSwap’s utility and governance token CAKE.PancakeSwap is a...

SME Lending in APAC Is the Major Opportunity for Banking-as-a-Service

Opportunities are endless with Banking-as-a-Service (BaaS), and nowhere is this more true than in Asia Pacific (APAC).Banks in the region, particularly in hubs like...

Binance Pay Picks TripleA as Its Global Cryptocurrency Payment Gateway

TripleA, a digital payment token licensee, has been selected as the global cryptocurrency payment gateway for Binance Pay.Binance Pay is the bridge between Binance,...

Singapore’s First Wholesale Digital Bank GLDB Goes Live

The Green Link Digital Bank (GLDB), one of the winners of Singapore’s digital banking licenses, has officially commenced its operations.The consortium behind GLDB comprising...

Emergency “Kill Switch” Among Security Measures Pushed by MAS to Combat Fraud

An emergency self-service “kill switch” to suspend their bank accounts quickly if it has been compromised are among the additional measures that are being...

Chubb and JA Assure Launch Cyber Insurance Portal for SMEs in Asia

Chubb and insurtech firm JA Assure announced the launch of HaxsafeTM, a cyber insurance portal targeting SMEs looking for accessible insurance solution.Underwritten by Chubb,...

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