Tag: Singapore

Singapore has opened up for new challenger banks to open up shop in the country and people are getting thrilled about it.

AMTD Digital is reportedly set to acquire a controlling stake in PolicyPal, an InsurTech startup which helps consumers buy, manage and claim.

An almost 100-year old US bank has tapped Backbase to help it update its systems for the digital age with the FinTech firm's digital banking platform.

Standard Chartered has begun a joint venture with Assembly Payments to create new payment solutions.

Singaporean FinTech is popping. A slew of international players has noticed and has jumped on the opportunity to cut out a slice of the pie for themselves.

Uncharted, which is building a SaaS-based infrastructure and distribution platform for brokers and carriers, has bagged SGD $8m ($5.8m) in a Series A funding round.

The Monetary Authority of Singapore (MAS) has launched the new Payment Services Act (PS Act) which bolsters consumer protections within electronic payments.

Amsterdam-based Backbase is going global. Having already opened a new office in Dubai in October, the banking software provider is strengthening its grip of the Asia Pacific (APAC) market.

Klub, a growth capital platform currently in stealth, has reportedly closed a $2m pre-seed funding round.

The Monetary Authority of Singapore (MAS) has received 21 applications for digital bank licenses, as the regulator now beings its task of whittling it down to five.