LATEST FINTECH NEWS

“Investors flood the region with cash as chase for unbanked intensifies” – Nikkei Asian Review

By Editorial Staff / December 13, 2019

According to the FinTech in ASEAN report released by United Overseas Bank Limited (UOB), PwC and Singapore FinTech Association (SFA), venture capital funding in 2014 was only $35 million. Over the past five years, total FinTech investment has boomed, reaching $679 million in 2018, $1.14 billion in 2019. With Vietnam’s regional FinTech venture capital funding…

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SMEs GO FinTech Report Launch

By Editorial Staff / November 25, 2019

Singapore FinTech Association (SFA) launched “SMEs GO FinTech Report” collaboratively with EY at the 80RR Fintech Hub SG. The event was graced by Poh-Koon Koh (Dr), Senior Minister of State at Ministry of Trade and Industry and Deputy Secretary-General at National Trades Union Congress (NTUC) and co-organised by NTUC U SME Community and Networked Trade Platform.…

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Shanghai Pudong Development Bank (SPD Bank) holds first overseas Global Fintech Competition in Singapore

By Editorial Team / November 15, 2019

Singapore, 14 November 2019, Shanghai Pudong Development Bank, one of the leading banks in China, held its first overseas global Fintech competition in Singapore, following two successful runs in Shanghai. Into its third installation this year, the “SPD Bank Global Innovation JAM 2019” which drew more than 120 participants from 13 countries, is a significant…

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The FIRST EVER Singapore Pavilion at Singapore FinTech Festival with 22 SFA members

By Editorial Staff / November 15, 2019

The FIRST EVER Singapore Pavilion together with 22 members at the Singapore FinTech Festival was also the biggest country pavilion in the event, spanning across 135 square metre! We had a great opening ceremony graced by President of Singapore FinTech Association (SFA), Chia Hock Lai, Assistant Secretary-General of National Trades Union Congress, Patrick Tay, High…

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Women-in-Fintech Speaker series: Inaugural Event with Established Female Trailblazers

By Editorial Staff / November 14, 2019

Orgnaised by SFA’s Women in FinTech Subcommittee, the event was held on 13 November. Industry’s top female leaders to share about their career journey. In addition, the speakers discussed how to embrace diversity and explore opportunities at workplace. We would like to thank our guest speakers who provided valuable insights. Diaan – Yi Lin, Senior Partner and…

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REGTECH: A World Of Opportunities

By Editorial Staff / November 14, 2019

As part of 80RR Lab Crawl, SFA’s RegTech subcommittee organised “RegTech” a World of Opportunities” at the 80RR Fintech Hub SG Innovation Lab Crawl on 14 November 2019, in conjunction with the Singapore Fintech Festival week. International experts from Regtech firms gave talks and presentations, where participants could learn about this emerging field to develop…

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PM & VIP Visit to the SG Pavilion

By Editorial Staff / November 14, 2019

It has been our honour to have Prime Minister, Lee Hsien Loong, together with Minister for Education, Ong Ye Kung and Minister for Foreign Affairs, Vivian Balakrishnan, visit the Singapore Pavillion at the Singapore FinTech Festival, powered by Singapore FinTech Association (SFA). SFA firmly believes that the strong support from Singapore’s government has greatly contributed to…

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The six SFA members receive the 2019 Singapore FinTech Awards

By Editorial Staff / November 14, 2019

Congratulations to all our members who received the 2019 Singapore FinTech Awards! The six Singapore FinTech Association (SFA) members were selected as winners under categories – Singapore Founder, ASEAN Open and Global by an international panel comprising industry experts across multiple domains. SFA members who won these prestigious awards are as below: Singapore Founder: 1st:…

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WealthTech firm WeInvest launches StratWealth – a marketplace aimed to provide better investment ideas for financial institutions

By Editorial Staff / November 13, 2019

The platform will feature a plethora of investment strategies customised by established firms like MSCI, Solactive and Schroders Singapore, 12 November 2019 – WeInvest, a Singapore-based digital wealth solutions provider today announced the launch of StratWealth, a platform providing algorithmically-generated customised investment solutions as well as sourcing or curating thematic trading baskets from global players.…

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NIUM launches digital cross-border payments platform in Indonesia

By Editorial Staff / November 13, 2019

Singapore/Jakarta, 13 November 2019 – Consolidating its strong position in the digital cross-border payments space in Southeast Asia, the recently-rebranded NIUM (formerly, InstaReM) has received the Fund Transfers license from the Bank Indonesia. With NIUM’s innovative payments platform, retail consumers, Small & Medium Enterprises (SMEs), Financial Institutions and the other payment service providers in Indonesia…

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