Tag: Singapore

There are several reasons why FinTech and RegTech providers in Singapore should take notice of a new initiative in the state.

The number of cyber-attacks facing businesses in Singapore is growing. However, most enterprises in the country do not patch their defences in time.

Identity verification platform Keyless has reportedly scored $2.2m in pre-seed funding which was led by Gumi Cryptos Capital.

London-based FinTech unicorn Revolut has launched in Singapore after a long beta period and already has 30,000 customers in the region.

The Australia-Singapore Digital Economy Agreement was announced in June as a bid to boost the two countries’ digital economies. Now they’ve begun the talks for real.

Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.

Singapore-based Arival Bank has pulled in £1.87m in a pre-Series A equity crowdfunding campaign on Crowdcube.

The Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have announced plans to boost compliance among the country’s FinTech firms.

Ping An, a financial services giant in China, is reportedly seeking a digital banking license in Singapore for its OneConnect platform.

RegTech and open banking platform Railsbank has raised $10m in its latest investment round.