Tag: Singapore

New AML Act reinforces Singapore’s global reputation

In August 2024, Singapore’s Parliament enacted the Anti-Money Laundering and Other Matters Act 2024, a pivotal step in tightening the city-state’s defences against financial...

Endowus raises $70m to expand Asian WealthTech reach

Endowus, Asia’s leading independent wealth advisory and investment platform, has raised over $70m in new funding to accelerate its growth and reinforce its position...

Singapore’s Kilde raises $1.5m for private credit platform

Kilde raises $1.5m led by Purple Ventures to scale its private credit platform in Singapore. Explore the latest FinTech growth news.

HSBC launches AI-powered Wealth Intelligence platform

HSBC Private Bank has launched a new generative AI-powered platform called Wealth Intelligence, aimed at transforming the way its wealth management staff serve clients.

Singapore’s Project MindForge drives AI compliance, Napier AI claims

Singapore is taking a leading role in embedding artificial intelligence across the financial sector with the launch of Project MindForge. Announced in June 2023, this...

New compliance era for scams and AML across Asia-Pacific

Financial crime regulation in Southeast Asia and Australia is becoming stricter, with regulators introducing clearer frameworks and stronger enforcement. Authorities are responding to threats...

Airwallex becomes Arsenal’s finance software partner

Arsenal FC has unveiled a new multi-year global partnership with Airwallex, naming the FinTech firm as its Official Finance Software Partner. As part of the...

MCO supports firms navigating APAC regulation shifts

The Asia-Pacific region remains a compelling growth destination for global financial firms, despite facing significant regulatory and geopolitical complexities. According to the latest ASIFMA 2025 Asia-Pacific Capital Markets Survey, now in its fourth year, there is a strong sense of optimism among firms looking to deepen their presence across the region.

Digital trading firm Flowdesk lands $100m credit line

Flowdesk, a digital asset trading and technology firm specialising in global liquidity provision, has secured a $100m credit facility from secured lending provider Two Prime Lending Limited.

Singapore draft aims to clarify carbon credit use

Singapore has released new draft guidance to support the credible use of voluntary carbon credits, aiming to bring clarity, confidence and environmental integrity to...

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