Financial Services
Investors favour smaller, early-stage fintech deals over large-scale
Investors favour smaller, early-stage fintech deals over large-scale
In H1 2024, Singapore saw 52 early-stage deals.
MAS taps EY to screen family office tax incentive applications
EY will check family offices for links to money laundering, terrorism financing, and other offences.
Citi Singapore nets ex-DBS COO as new CEO
She is also the new wealth head for the South Asia cluster.
Mobile fintech penetration at 45%: study
It is expected to reach 48% by the end of 2030.
UOB prices $860m unsecured notes due 2028
The issue date of the notes is on 8 August 2024.
Revolut unveils money management platform in Singapore
Businesses can hold over 25 currencies and access over 150 more.
Capitaland Ascott Trust secures $165m OCBC 1.5°C loan
It is the first lodging trust to secure such a facility.
MAS increases gold reserves by 4 tonnes in Q2
It was the sole central bank to register a gold reserve increase in the quarter.
MAS rebukes registered fund manager for non-compliance to licensing rules
A two-year prohibition order was also issued to its executive director for failure to ensure the company’s compliance.
Which S-REITs will benefit from MAS's reduced interest coverage ratio?
MAS proposed a 1.5x minimum ICR for all REITs.
Singapore banks’ net interest margin are past their peaks: S&P
NIMs seen falling by 10 basis points each year over the 2024-2026 period.
MAS ramps up support for AI, quantum push in financial sector
The central bank commits $100 million under FSTI 3.0.
Fintech startup PEXX bags $4.5m in new funding round
It will use the funding for expansion and platform development.
Singaporeans abandon bank applications with long processes: report
One in three will abandon a bank application after 10 minutes.
Natalia Goh is new CEO of Sea’s digital bank
She succeeds Zheng Yudong, who is transitioning to an advisory role.
Fintech firm Partior raises US$60m in Series B round
The firm was incorporated in 2021 with Temasek, DBS and JP Morgan.
Fave Singapore wins major payment institution license from MAS
The firm has over US$1b in transactions across Southeast Asia and India.
Read Here
Advertise
Sign Up
