Singaporean fintech enabler Fluid has successfully raised $5.2 million in Series A funding, spearheaded by Insignia Ventures Partners. The funding aims to strengthen Fluid’s business-to-business purchase financing solutions. Fluid Series A round, led by Insignia Ventures Partners, is vital for the Singapore-based startup, known for its flexible B2B purchase financing platform. This latest investment follows […]

Singapore-based UnoAsia, the parent company of Uno Digital Bank in the Philippines, has completed a pre-Series B funding round, securing $32.1 million in investment. The funding, comprising equity and debt, was led by Gateway Partners, Creador Private Equity, and Nextinfinity Management. With this latest round, UnoAsia has raised approximately $75 million.  This funding injection will […]

Transparently.ai, headquartered in Singapore, has secured an investment from Franklin Templeton as part of its entrance into the asset manager’s FinTech Incubator program. The investment comes as the AI company, specializing in identifying accounting fraud, announced its successful pre-Series A funding round of US$3 million. With a focus on combating financial crime, the collaboration with […]

Atome Financial has recently announced the renewal of its $100 million debt facility in collaboration with HSBC Singapore to expand its operations in the Philippine market.  The collaboration not only facilitates the company’s expansion endeavors but also leverages the global network, regional footprint, and banking expertise of HSBC Singapore to amplify Atome’s reach and impact […]

Indonesian fintech startup Orderfaz has successfully concluded a pre-seed funding round, as announced on Thursday. The round was led by Singapore-based venture capital firm 1982 Ventures, which acted as the sole investor. The exact amount of funding raised in the round has not been disclosed. Orderfaz, a recently established fintech startup, focuses on serving the […]

Singapore’s Monetary Authority (MAS) and Bank Negara Malaysia (BNM) have launched a cross-border QR code payment linkage between the two countries, enabling customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes. The payment linkage will allow for in-person payments through the scanning of physical QR codes displayed […]

FOMO Pay, the Singapore-headquartered major payment institution that enables the digital economy with global virtual banking solutions for financial institutions and enterprises, announced that it has secured a $13 million investment in its Series A round led by Jump Crypto. The funding round was also participated by HashKey Capital, Antalpha Ventures, Ab Initio Capital, and […]

Arrow, the Singapore-based eCommerce checkout solution announced that it has raised $4.8 million in a seed funding round led by Sequoia Capital India. The round was also supported by Alpha JWC and Guillaume Pousaz’s Zinal Growth, as well as high-profile angel investors such as Ooi Huey Tyng (current board member at AIG and Maxis), Steve […]

Consumers’ primary financial relationships (PFRs), hunger for digital solutions, and need for new online services were all investigated in EY’s NextWave Global Consumer Banking Survey, which was released recently. The findings revealed that incumbent banks in Singapore must take steps to safeguard their competitive advantages in order to remain relevant to customers, relying on their […]

Singapore digital assets trading platform Sparrow secured $4.4 million in its series A funding. The leading investor is Gain Loyal Pte Ltd., a company focusing on real estate investments in Asia. Gain is an existing investor in the startup. Kenneth Yeo, CEO of Sparrow, said they are pleased to have Gain Loyal Pte Ltd as […]