Railsbank raises $10m to expand into Southeast Asia and beyond
The open banking platform has opened an office in Singapore.
Singapore
Neobank Arival surpasses crowdfund target
The three-year-old bank has raised £1,214,136 so far.
Singapore opens applications for new digital bank licences
Applicants must be committed to Singapore’s future.
essDOCS enables first fully integrated paperless iron ore trade
The trade traveled from Australia to China on the Voltron blockchain.
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
soCash raises $6m in Series B
The round was led by Glory Ltd, SC Ventures and Vertex Ventures to expand their footprint.
HSBC launches multicurrency virtual account for treasury
Available in the UK, USA, Hong Kong and Singapore.
Instarem seeks banking licence in Singapore
The fintech is looking for a partner bank to do so.
Sparrow’s options trading platform takes flight
Trade options will be settled by smart contract.
FinMechanics eyes European expansion with Amsterdam office
FinMechanics is seeking additional implementation partners and initial Europe-based sites.
Regtech ClauseMatch closes $2.5m venture debt funding with SVB
The money will fund further expansion into Europe and Asia.
Singapore-based challenger YouTrip scores $25.5m funding
It will use the funding for international expansion.
Financial supermarket GoBear raises $80m
The fintech aims to tackle financial exclusion.
Video: fintech news weekly round-up – 23 April 2019
Facebook, Stripe, and Europe’s biggest IPO.
Mastercard joins investment round for Singapore AI start-up AIDA
The company plans expansion into Japan and the Philippines.
Rapyd and OCBC offer Singapore’s first instant mobile payments solution
Partnership leverages national PayNow transfer service.
ZhongAn licensed to launch virtual bank in Hong Kong
Products will be developed with community input.
ClauseMatch expands to Asia with Singapore office
It already serves clients with Singapore presence.
Instarem partners with First Data to enable card issuance
It will begin with corporates and fintechs in Singapore.
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.
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.
