Friday, August 23, 2019
Tags Singapore

Tag: Singapore

These tech companies are eyeing for Singapore’s digital banking license

On Friday, June 28, Monetary Authority of Singapore (MAS) announced that the government is set to issue up to five digital banking licenses to provide an opportunity for non-bank finance industry players to enter the banking scene. Read more: e27

FX Enabler Koku Raises $2M in Pre-Series A

Singapore-based FinTech Koku has raised $2m in a pre-series A round backed by Jason Zeng, co-founder of Tencent Holdings and founder of Chinese angel investment company Decent Capital. Kokue said it expects to raise USD $10m in a series A round during the next couple of months. Read more: crowdfundinsider.com

ClauseMatch expands to Asia with Singapore office

London-based regtech ClauseMatch is expanding into Asia with the launch of operations in Singapore. Read more: www.bankingtech.com

Singapore FinTech Startup Instarem Closes $41M Series C for Global Growth

Singapore’s Instarem, a FinTech startup that helps banks and consumers send money overseas at lower cost, has closed a $41m Series C financing round to go after global expansion opportunities. Read more: techcrunch.com

AnyMind Closes $21m Round, Acquires Influencer Network

AI solutions provider AnyMind Group has closed its series B round at US$21.4m after receiving funding from Thai tech firm VGI Global Media and Japanese financial services company Tokyo Century. Read more: techinasia.com

Instarem aims at Japan and Indonesia with $41m funding

Instarem, the cross-border payments company, has closed a $41 million Series C funding round in Singapore. Read more: www.bankingtech.com

CXA Nabs $25m Fresh Capital, Welcomes New Strategic Partners

Singapore-based healthtech platform CXA announced that it raised US$25 million in a recent fundraising round. Read more: techinasia.com

TurnKey Lender Locks in New Investment from OSK Ventures

TurnKey Lender, a Singapore-based digital solution provider for non-bank lenders, just closed a Series A1 round led by Malaysian private equity firm, OSK Ventures International. The amount of the investment was not disclosed. Read more: www.finovate.com

How Visa is accelerating digital payment adoption among Singapore’s elderly

The city-state’s aging population needs to become more aware about payment-related apps .Read more www.techinasia.com

StashAway launches services into Malaysia

Singapore-based robo-advisor StashAway has launched its services into Malaysia. Read more: fintech.global