Tagged: singapore

Report Analyzes Hong Kong, Singapore Wealthtech Use

Allfunds Asia and Quinlan & Associates have co-published a thought leadership report that examines the wealthtech landscape in Hong Kong and Singapore and how financial institutions are leveraging wealthtech solutions to capture new market opportunities. Titled Rich Pickings: Unpacking the WealthTech Revolution in Hong Kong… Read More

Aspire Integrates with Stripe to Boost Payment Flexibility for Asian Businesses

Aspire, a Singapore-based finance platform for businesses, has integrated with global payment infrastructure provider Stripe to enhance its payment capabilities, allowing users across Asia to accept a wider range of payment methods and improve cash flow management. The integration enables Aspire users to receive payments… Read More

MYEG and SGTraDex to Enhance Malaysia and Singapore Digital Trade Connectivity

MY E.G. Services Berhad, Malaysia’s e-government and digital services provider, signed a Memorandum of Understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. (SGTraDex), Singapore’s digital infrastructure for trade data exchange. The partnership seeks to enable both parties to facilitate digital cross-border trade between… Read More

Tribe Payments to Work with Finmo to Bridge Europe and Asia Pacific

Tribe Payments has announced a partnership with Finmo to offer end-to-end payment and treasury services to banking and Fintech clients across key growth markets, specifically the Asia-Pacific (APAC) and Europe. Tribe’s issuer and acquirer processing platform will be integrated with Finmo’s treasury and financial management… Read More

Crypto Awareness Hits 94% in Singapore, But Ownership Slips

Singapore at Night Marina Bay

Singaporean investors are increasingly aware of cryptocurrency, with 94% of respondents familiar with at least one digital asset, according to the latest annual Independent Reserve Cryptocurrency Index. Despite record-high awareness, the actual ownership rate of cryptocurrencies has declined to 29% in 2025 from 40% a… Read More

Singapore’s MAS Proposes Streamlined IPO Rules to Boost Listings and Investor Access

The Monetary Authority of Singapore (MAS) has proposed reforms aimed at simplifying initial public offering (IPO) requirements and expanding outreach to investors, as part of broader efforts to strengthen the city-state’s position as a competitive equities hub. In a consultation paper, MAS outlined a three-pronged… Read More

HTX, Justin Sun Launch $6M Space Voyage Campaign for Crypto Users

Cryptocurrency exchange HTX and TRON founder Justin Sun have launched the Mars Program: Special Edition, a $6 million campaign offering one user a fully funded space voyage, Business News Asia reported. The campaign, which runs from May 7 to May 13 (UTC), invites all HTX… Read More

Fintech Thunes Reports $150M Series D Led by Apis Partners and Vitruvian Partners

Thunes, the so-called “Smart Superhighway” to move money around the world, is proud to announce the raise of its $150 million Series D at a valuation increase over its last round. Thunes welcomes Apis Partners and Vitruvian Partners, two private equity firms, both globally recognized… Read More

Singapore’s Syfe Wins Shareholder Backing to Buy Selfwealth for A$65m

Syfe, an Asia Pacific savings and investment platform, said it would acquire Australian digital broker Selfwealth in an all-cash A$65 million transaction after shareholders approved the deal. Under the terms, Syfe will pay A$65 million in cash for all Selfwealth shares, subject to court approvals… Read More

Singapore’s GIC Leads $152m Round in Altruist Custodian Platform

Altruist, a U.S.-based custodian for registered investment advisors, announced that it raised $152 million in a Series F funding round led by Singapore sovereign investor GIC. The round also drew participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth and other… Read More

Financial and Identity focused World Network Expands into Thailand, Indonesia, Malaysia, the Philippines

World, the human-centered financial and identity network, is reportedly a global network of 12,185,058 “real humans.” According to a blog post by World, more than 1500 Orbs “currently live in the field to verify unique humanness across 23 countries.” As with any network, its developers… Read More

Singapore Exchange (SGX) to Launch Bitcoin Perpetual Futures in 2025

In a key move for the crypto derivatives market, the Singapore Exchange (SGX) has announced plans to introduce Bitcoin perpetual futures in the second half of 2025. This development positions SGX as a key player in the growing integration of digital assets into traditional financial… Read More

GXS Bank Announces Acquisition of Validus Group’s Singapore Business

GXS Bank announced that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd. This is the first such acquisition of a local financial technology company “by a homegrown digital bank in Singapore.” Validus Capital… Read More

Global Fintech Airwallex Reports Revenue Growth in Singapore and Reveals SME Trends Shaping Business Activities

Airwallex, a payments and financial platform, reported FY2024 performance in Singapore. According to a release from global Fintech Airwallex, FY2024 revenue in Singapore more than doubled, growing 153% YoY, fueled “by strong transaction volumes and a standout Q4.” Lucy Liu, President and Co-founder, Airwallex said:… Read More

Asian Financial Centers in Hong Kong, Singapore, UAE Increasingly Focused on Digital Assets But US Still Leads Crypto Industry Innovation – Report

The PwC Global Crypto Regulation Report 2025 offers a comprehensive analysis of the evolving regulatory environment for digital assets across more than 50 jurisdictions. The PwC research report underscores significant policy shifts and emerging trends, reflecting a global push to balance innovation with financial stability… Read More

Singapore’s MAS Proposes Framework to Open Private Market Funds to Retail Investors

The Monetary Authority of Singapore (MAS) has launched a public consultation on a proposed regulatory framework to expand retail investors’ access to private market investment funds, the central bank said. Under the current regulations, retail investors in Singapore have limited opportunities to invest in private… Read More

Singapore Digital Asset Startup BetterX Secures $1.7m to Accelerate Global Expansion

Singapore-based digital asset infrastructure provider BetterX has secured S$2.3 million (approximately $1.7 million) in a pre-Series A funding round to support its expansion across Asia, the Middle East, and the United States. The funding round brought in new investors including Grand Prix Capital, Aument Capital,… Read More

Singapore Insurtech bolttech Is Expanding Operations with Key Product Updates

Insurtech bolttech has kicked off 2025 with a series of announcements that underscore its commitment to innovation, ensuring customer protection, and encouraging community engagement. bolttech has recently announced a collaboration with C Spire, a diversified telecommunications and technology services provider, to launch C Spire Tech… Read More

Singapore’s SGX Focused on Enhancing Market Liquidity to Compete with Hong Kong, Tokyo – Analysis

Singapore has long cemented its role as a global financial hub, known for its stability, innovation, and strategic positioning in Asia. This, according to an update from KPMG. However, challenges such as relatively low market liquidity and intensifying regional competition have prompted a proactive response… Read More

Matrixport Subsidiary Fly Wing Obtains Major Payment Institution License from MAS in Singapore

Fly Wing Technologies Pte Ltd, a wholly owned subsidiary of Matrixport, the “one-stop” crypto financial services platform in Asia, announced that it has been granted the Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). With this license approval, Fly Wing will… Read More

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