Financial Services
PPRO announces over $180m in investment, reaches unicorn status
PPRO announces over $180m in investment, reaches unicorn status
The status comes as the investment values PPRO at over US$1b.
MAS amends rules on managing tech risks
Financial firms should analyse and share threat intelligence within the ecosystem.
Great Eastern rolls out $1m vaccine fund
This will grant a daily cash benefit for COVID-19 vaccine hospitalisations.
MAS appoints new deputy managing director
Leong Sing Chiong’s appointment would take effect on 1 February.
Singapore's digital-only banks face uphill battle to reach sustainable profits
Poor performance of earlier neobanks have cast a doubt on their ability to gain income.
Robeco Singapore appoints new CEO
Nayan Patel has over 16 years of asset management experience.
AXA Insurance launches new prenatal plan
It covers early caesarean deliveries and grants newborns with health insurance cover.
Revolut Singapore sees 70% hike in Chinese New Year e-cash gifting
Clients made over $4.5m in transfers and e-cash gifting during Christmas.
Asiaciti Trust appoints new managing director for Singapore
Ross Belhomme will be relocating from Switzerland.
CoAssets shuts down after missing funds controversy
Some members' accounts (without outstanding investmets) have already been deleted.
OCBC floats Singapore's first consumer loan for installing solar panels
Landed property homeowners can borrow up to $30,000.
MAS pushes e-hong baos for Lunar New Year
Clients who prefer physical notes will have to pre-order from their respective banks.
Mambu's APAC expansion to kick off in Singapore
New funding will help expansion to other countries in APAC.
OCBC Bank appoints first female CEO
Helen Wong’s appointment would take effect on 15 April 2021.
UOB prices SORA-referencing capital securities
It is priced 181 bp above the prevailing rate as of 7 January.
Prudential Singapore launches dengue insurance plan
Customers may receive coverage of S$20,000 in case of infection.
DBS launches in-house training institute for upskilling tech workforce
The institute aims for DBS employees to acquire the latest tech skillsets.
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