Tag: Singapore FinTech

Key Singaporean FinTech investment stats in Q3 2024: Singaporean FinTech deal activity halved in Q3 YoY Average deal value dropped to $13.7m as investors...

Key Global FinTech investment stats in H1 2024: Global FinTech funding in the first half dropped by 43% YoY US continued its global FinTech...

Osome, a prominent finance admin platform for founders and small and medium-sized businesses (SMBs), has successfully closed its Series B funding round, securing over $17m in capital.

6G Digital Private has entered a significant partnership by acquiring a 25% stake in FlexM Global AS, a trailblazing FinTech firm based in Singapore, for an impressive sum of $12.5m.

The Monetary Authority of Singapore (MAS) has recently unveiled its comprehensive responses to the feedback on its proposed regulations for Digital Payment Token (DPT) service providers in Singapore. These regulations are crucial in shaping the future of digital currencies in the country.

Chintai, a Singapore-based software as a service (SaaS) company, made waves today with the announcement of a significant financing round led by the tech-focused investment firm B1.

Global B2B payment platform, Thunes, has successfully augmented its series C funding round. Established with a mission to tackle the challenges of international money transfers, Thunes is developing a new-generation payment system designed to be secure, instantaneous, and transparent.

Vonage, a global front-runner in cloud communications aiding businesses to fast-track their digital transformation, has joined forces with Meta, the parent company of WhatsApp. Together they aim to introduce payments through the messaging platform in Singapore.

There has been a global trend within FinTech over the past year – a drop in total funding volume. However, Asia seems to be defying this trend.

FinTech funding in the first half of 2021 has already surpassed the total capital invested in 2020