LATEST FINTECH NEWS

Minutes of Meeting of AGM held on 22 Mar 2019

By Adeline Lau / May 6, 2019

Singapore FinTech AssociationMinutes of Annual General MeetingMar 22, 2019, 6 pm at 80 Robinson Road At the scheduled time of 6 pm, given a lack of quorum, the meeting was adjourned for 30 minutes. At 6.30 pm, with the required quorum of 30+ members/representatives, the Secretary called the meeting to order. Secretary outlined the main…

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London-based ClauseMatch is expanding into Asia Pacific launching Southeast Asian operations out of Singapore

By Adeline Lau / March 25, 2019

March 25, 2019, London-Singapore. London-based ClauseMatch, an award-winning regulatory technology (RegTech) venture with a unique SaaS-based offering that automates compliance management for banks and financial institutions (FIs), is expanding into Asia Pacific (APAC) with the launch of operations in Singapore. Founded by CEO Evgeny Likhoded, ClauseMatch solution is based on his experience working in legal…

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Western Union Teams Up with Thunes to Expand Payout Capabilities to Mobile Wallets

By Adeline Lau / March 19, 2019

SINGAPORE March 19, 2019 – Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, has teamed up with Thunes, a cross-border payments network for emerging markets, to enable Western Union customers to send funds directly into mobile wallets around the world. Senders can now utilise Western Union’s growing digital network or an agent location to send funds directly into a recipient’s mobile wallet. “We are continuously expanding and enhancing our account payout portfolio, providing customers with multiple payout options including bank accounts, cards or mobile wallets,” said…

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Thunes joins forces with Singtel and UNCDF to accelerate financial inclusion in Myanmar

By Adeline Lau / February 25, 2019

SINGAPORE – 25 FEBRUARY 2019 –Thunes, a global Cross-Border Payments Network for emerging markets, has partnered with Singtel, Asia’s leading communications technology group, to enable Myanmar diaspora in Singapore to send money back to their beneficiaries through their mobile devices. This key initiative is part of the United Nations Capital Development Fund’s (UNCDF) Shaping Inclusive…

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TransferTo announces rebrand with the creation of two market defining companies: DT One and Thunes

By Adeline Lau / February 20, 2019

TransferTo’s mobile top-up solutions and rewards business becomes DT One (www.DTOne.com)  Thunes (www.thunes.com) is now the new name for the cross-border payments business and will operate independently from DT One SINGAPORE –  18 February 2019 –  Today, TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with…

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Fundnel Partners Thirdrock To Accelerate Asian Growth Companies’ Path to Success

By Adeline Lau / December 27, 2017

      SINGAPORE – 12 December 2017 – Fintech investment platform Fundnel has partnered with investment advisory and wealth management group Thirdrock to help mid-stage, high-growth companies (typically Series B onwards) obtain funding in a more timely and cost-efficient manner. The partnership will meld Fundnel’s deal assessment technology with Thirdrock’s forward-looking investment mandate. It…

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BankBazaar secures US$ 30 Million in Series D funding led by Experian

By Editorial Staff / October 19, 2017

Vipin Kalra CEO, BankBazaar International also commented saying: “With a strong technology platform and sharp customer-focus, we have steadily gained momentum in markets such as Singapore and Malaysia. Experian’s extensive network and capital investment will allow us to bring paperless financial services to a wider customer base and further fuel our expansion in markets across…

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TransferTo sees 8X revenue growth in International Money Transfer transactions over a 6-month period

By Khushi / October 10, 2017

Singapore – 10 October 2017– TransferTo, a global B2B Cross-Border Mobile Payments Network, is today, announcing record growth across its International Money Transfer business. More than 6.3 million transactions were processed across the Network over the past six months, representing an 8x* increase in revenue for the business line. The majority of transactions came from…

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innovfest unbound – fintech360

By Editorial Staff / May 4, 2017

The Singapore Fintech Association and unbound co-organised the fintech360 satellite event in the innovfest unbound 2017, to bring together the fintech ecosystem, build relationships, share knowledge, and create business opportunities. The multi-format fintech360 brought coverage across the brave new world of money, featuring deep dives into key areas of disruption and spotlights for the most…

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innovfest unbound – SFA Members will get 2 complimentary tickets (worth S$900)

By Editorial Staff / April 5, 2017

SFA Members will get 2 complimentary tickets each worth S$900! Click here to register your interest. innovfest unbound is Southeast Asia’s most exciting innovation festival. This year, 8,000 global attendees will come together to celebrate innovation at Marina Bay Sands, Singapore. innovfest unbound introduces fintech360 – a fintech event like no other. The multi-format event will…

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