Tag: Singapore

Hong Kong-based private equity firm EmergeVest has invested into Lucy, the world’s first neobank aimed at women entrepreneurs.

Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.

Dutch-based crowdfunding platform Lendahand has deployed €5m into Singapore-based Funding Societies to invest in underserved SMEs.

Singapore-based iSTOX, which offers a securities issuance and trading platform, has reportedly bagged $50m in its Series A round.

Cryptocurrency management platform Vauld has reportedly scored $2m in a funding round led by Pantera Capital.

Singapore's central bank has announced that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021.

Singapore's central bank has announced new measures to support workers in the financial sector.

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) has stressed that financial institutions need to review their security controls.

The Monetary Authority of Singapore (MAS) is seeking comments on the types of information required for non-face-to-face verification of an individual’s identity.

Governments around the world are rapidly recognising the importance of nurturing RegTech solutions and the Monetary Authority of Singapore (MAS) is no different, having just rolled out a $26m productivity solutions grant to do so.