AMTD to acquire a controlling stake in Singapore’s Fomo Pay
AMTD will complete the acquisition through a share swap and cash deal...
Tag : Singapore fintech
Singapore fintech Fincy raises $11 mn from GBCI Ventures
The startup is active in contactless mobile payments in mobile payments in Phnom Penh, Cambodia...
Singapore-based fintech Wallex secures funding for expansion
The startup will also use the funds to enhance its core offerings...
Philippines-based fintech Ayannah announces merger with India’s ECAP
The new entity will be called Ayannah Global and will be headquartered in Singapore...
Singaporean fintech Spark secures $10.5 mn funding from Citi, HSBC
Spark’s will use the funds to further develop its in-house technology...
Singapore-based SME lending firm Validus secures $14 mn funding
Validus will use the funds to invest in technology and build a stronghold in its existing markets...
GoBear acquires AsiaKredit to increase credit access in Southeast Asia
GoBear will introduce lending as a service to partners and enable them to offer loans to underserved consumers in the region...
Singapore announces $88 mn package to support financial sector
The aid is in addition to the $4.02 bn set aside in budget 2020 to help the sector fight against Covid-19...
Silent Eight: AML software that makes sense of alerts
AI-based AML software that simply suggests or weights alerts is passé; Silent Eight’s solution gives plain English explanations for decisions....
Arival Bank applies for a digital banking licence in Singapore
The bank is also in the process of applying for a full service virtual banking licence in Lithuania...