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BigPay's consortium will be joining a crowded field for digital bank licences on offer. Malaysia central bank said it would issue up to five licenses by early 2022.

The Race for the five digital banking licenses heats up further as more consortiums and companies announced their application, including ride-hailing giant Grab-Singtel consortium, which bagged a digital full-bank license in Singapore last year. These consortiums also include overseas investors and technology partners from Singapore, Japan, and China.

The startup seeks to tap into a growing opportunity in the retail investing space in Vietnam. The country of 97 million population has more than 75 percent internet users transacting money digitally, but only roughly 3.14 million--or 3.2 percent of the population-- investing in securities.

KLAR plans to use the funding for four business goals including R&D development to achieve economies of scale and treatment optimization, expand the company's talent base, enhance branding, and venture into complementary product offerings

If the pandemic has taught businesses one thing, it’s that keeping your workforce organized and motivated, especially when working in remote teams, is crucial. Consider investing in these HR technology tools and initiatives.

Eligible users will be able to split purchases over three equal, interest-free installments. Repayments will be automatically drawn every month, with no fees charged for on-time payments. In addition, customers will earn up to 10 percent cashback with every purchase.

Fairbanc's proprietary data science and machine learning platform leverages supply-chain data of FMCG distributor partners which allows financial institutions to assess credit risk and extend working capital to MSMEs with limited credit history and collaterals, according to the disclosure.

Proceeds from the funding will be used to progress Insilico Medicine's current therapeutic programs into human clinical trials, initiate multiple new programs for novel and difficult targets, and further develop its AI and drug discovery capabilities, the company added. 

With reports of Korean e-commerce giant, Coupang, hiring senior executive staff in Singapore, here are the top 5 benefits Singaporean consumers enjoy with more e-commerce competition and investment into local logistics.

IMC Ventures, a newly-launched Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, has announced that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.