Karen Noack

Singapore-based cryptocurrency exchange platform Bybit has announced a multi-year sponsorship of Formula 1 motorsport team Oracle Red Bull Racing worth US$150 million (SG$201.82 million). In the latest tie-up between major sports and blockchain digital assets, Bybit will be the Principal...

Banking group Emirates NBD has announced a fintech partnership with non-profit financial innovation platform APIX Singapore. The bank, which operates in the Middle East, North Africa and Turkey, said the fintech collaboration will give Emirates NBD access to the APIX...

Singapore-headquartered Funding Societies has announced it has raised US$294 million (SG$395.58 million) to fund further expansion of its small business digital financing platform in Southeast Asia. The company said the funding consisted of US$144 million (SG$193.76 million) in an oversubscribed...

Buy now, pay later (BNPL) provider Zip Co has announced an exclusive partnership to launch its service in Singapore on Singtel’s Dash app. The service gives Dash customers an alternate payment option – they can either pay immediately with Dash...

Singapore’s DBS Bank-backed digital bourse DBS Digital Exchange (DDEx) recorded more than S$1.1 billion (US$819 million) trading value in its first full year of operation in 2021, fueled by a fourth quarter growth spurt following a move to round-the-clock trading....

Soaring interest in cryptocurrencies and blockchain, along with large deals in the buy now, pay later (BNPL) space, helped drive a record volume of 5,684 global fintech deals worth US$210 billion (SG$282.32) in 2021, according to the latest KPMG Pulse...

Fintech start-up accelerator F10 and Singapore-based non-profit Klaytn Foundation have joined forces to launch an incubation program supporting early-stage start-ups built on the public blockchain, Klaytn. Klaytn, a blockchain platform developed by South Korean internet giant Kakao Corp, focuses on...

With the Lunar New Year fast approaching, the Year of the Tiger is set to live up to its name as a time of high energy, tenacity, and risk-taking. For Singapore fintechs, there will be plenty of Tiger-style adventure and...

Sydney-based blockchain fintech Lygon is the latest Aussie firm to cross the ever-expanding ‘fintech bridge’ between Australia and Singapore. The blockchain-based platform launched in Singapore in mid-January as the first step of its expansion into Asia. Created by ANZ, Westpac,...

Binance Singapore users have until 13 February to close their accounts and move crypto assets to third-party platforms or crypto wallets after the embattled company walked away from plans to set up a cryptocurrency exchange in Singapore. The Singapore arm...

The Monetary Authority of Singapore (MAS) is cracking down on crypto companies with new guidelines to curb widespread marketing of cryptocurrencies to retail investors. The guidelines, which discourage cryptocurrency trading by the general public, prevent companies from advertising crypto services...

Singapore’s first special-purpose acquisition companies (SPACs) made their market debut on the Singapore Exchange (SGX) in January, paving the way for new avenues of funding for fintechs and other high-growth companies.  SPACs, also known as ‘blank cheque companies’, list first...

Singapore is launching a new artificial intelligence (AI) scheme to deepen AI capabilities in financial services. The National Artificial Intelligence (AI) Programme in Finance was launched at the Singapore FinTech Festival in November. A joint initiative by the Monetary Authority...

Malaysian property developer Hatten Land is teaming up with Singapore fintech Hydra X to jointly develop what they describe as first-of-a-kind cryptocurrency exchanges in Singapore and Malaysia. Hatten said its wholly-owned subsidiary Hatten Technology had signed a joint venture agreement...

Financial institutions, fintechs and solution providers were recognised for innovative technology which promotes inclusion and sustainable development in the latest Singapore fintech awards. Winners were announced during the annual Singapore Fintech Festival (SFF) in November by the Monetary Authority of...