Tag: Singapore

The Monetary Authority of Singapore (MAS) has revealed a SGD $125m ($87m) support package which will support the financial services and FinTech sectors during the coronavirus pandemic.

Southeast Asia PropTech platform PropertyGuru has scored $220m in a new funding round that will help the company meet the rapidly evolving needs of the market.

Singapore-based FinTech GoBear is having a year of ups and downs, having raised a $17m round in May and it now announcing that it has axed roughly 11% of its workforce.

Digital risk company CredoLab has secured $7m in a Series A round led by global identity data intelligence company GBG.

Singapore-based Spenmo has reportedly bagged $2m in its seed funding round to help its move into the Indonesian market.

The Monetary Authority of Singapore (MAS) has established a SGD $250m ($182m) in a fund targeting the FinTech space.

The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.

Having already established itself as a leader in automated regulatory compliance, Muinmos has now taken additional steps to make it easier for businesses to meet regulatory demands.

The Monetary Authority of Singapore (MAS) has launched several initiatives to boost the adoption of its new interest benchmark.

The Asian Institute of Digital Finance (AIDF) is a new initiative from three Singaporean authorities to speed up the development of digital financial services in Asia.