BankingFeaturedSingapore-based MatchMove led consortium to venture into digital bankingPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The fintech is teaming up with Singapura Finance and two others to apply for a digital banking licence... Read more
FeaturedTechnologyGojek secures $1.2 bn in funding to take on GrabPritam BordoloiMarch 18, 2020 by Pritam BordoloiMarch 18, 2020 The fresh funding increased Gojek’s Series F round total to just under $3 bn... Read more
FeaturedTechnologyIndonesian Consumer Foundation disapproves Grab-Gojek mergerPritam BordoloiMarch 16, 2020March 16, 2020 by Pritam BordoloiMarch 16, 2020March 16, 2020 The consumer watchdog believes the merger will eliminate competition in the market... Read more
FeaturedTechnologySE Asia ride hailing giants Grab and Gojek hold merger talksPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake... Read more
FeaturedTechnologyMUFG to invest over $700 mn in Singapore’s GrabPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 Both parties will jointly develop financial services such as insurance which will be available on Grab’s app... Read more
FeaturedWealth ManagementGrab enters wealth management with Bento acquisitionPritam BordoloiFebruary 4, 2020February 20, 2020 by Pritam BordoloiFebruary 4, 2020February 20, 2020 Bento Invest will be rebranded as Grab Invest and new products will be available in Singapore by mid-2020... Read more
FeaturedFintechGrabPay’s active users increase by 50% amid digitalisation pushPritam BordoloiJanuary 24, 2020January 24, 2020 by Pritam BordoloiJanuary 24, 2020January 24, 2020 New users have increased since the launch of the e-Tunai Rakyat initiative by the government... Read more
BankingFeaturedTwo Chinese groups apply for Singapore digital banking licencePritam BordoloiJanuary 23, 2020 by Pritam BordoloiJanuary 23, 2020 The Monetary Authority of Singapore has received 21 applications so far for digital banking licences... Read more
BankingFeaturedEnigma-led consortium applies for Singapore’s digital bank licenceInternational FinanceJanuary 15, 2020March 18, 2020 by International FinanceJanuary 15, 2020March 18, 2020 Enigma Group is the fifth to bid for a digital bank licence in Singapore... Read more
FintechGrab launches SE Asia’s first numberless cardPritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 The GrabPay card, launched with a collaboration with Mastercard, is currently available in Singapore... Read more