Singaporean fintech Spark secures $10.5 mn funding from Citi, HSBC
Spark’s will use the funds to further develop its in-house technology...
Tag : Singapore fintech
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...
Global fintech deals fall by 4% as China suffers
3,472 fintech deals were recorded with a total value of $53.3 bn in 2019...
Grab launches SE Asia’s first numberless card
The GrabPay card, launched with a collaboration with Mastercard, is currently available in Singapore...
Alibaba’s Ant Financial to raise $1 bn to invest in SE Asia
The fund will invest in payments and fintech startups in Southeast Asia and India...
Vietnam, Singapore receive 87% of fintech funding in SE Asia
Fintechs in SE Asia raised $1.14 bn during the first nine months of 2019, compared to $679 mn in 2018...