FinTech
Singapore’s Nium to join Visa’s stablecoin settlement pilot to support its cross-border payments
Nium, the Singapore-based fintech firm, announced Wednesday it has elected to participate in Visa’s stablecoin settlement pilot, an initiative that enables select partners to settle with Visa using stablecoins across supported blockchains.
Philippine OneLot raises $3.3M in funding co-led by Accion Ventures and 468 Capital
OneLot, the Philippines’ financing platform for used car dealers, has raised $3.3 million in seed funding to expand affordable financing and digital tools for independent dealerships.
GFTN Capital partners Accion to advance inclusive FinTech
GFTN Capital Pte. Ltd., a growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Tuesday a strategic alliance with Accion, a global nonprofit that supports innovative financial service providers in building a more inclusive world.
MAS and UK FCA announce partnership on AI-in-Finance
The Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) have on Wednesday announced a new strategic partnership on artificial intelligence (AI) in Finance between Singapore and the United Kingdom (UK).
Finmo, Standard Chartered team up to integrate global currency accounts
Finmo, the Singapore-based treasury operating system firm, has partnered with Standard Chartered, an international banking group, to launch global currency account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.
Sea’s revenue jumps 38.3 percent on year in third quarter
Sea Limited, the Singapore-based tech giant, announced Monday its revenue soar 38.3 percent year on year to $6 billion in the third quarter, underpinned by growths across all sectors.
GFTN Capital partners with SBI to debut $200M fund to fuel global innovation
GFTN Capital Pte. Ltd., a Singapore-based growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Wednesday a partnership with SBI Holdings and SBI Ven Capital Pte. Ltd. (SBI Ven Capital) to launch a $200 million global innovation fund.
Top trends in the financial sector: Trick or treat?
By integrating cutting-edge technology, ongoing education, and trusted partnerships, organizations can establish a resilient, fault-tolerant infrastructure. Such an approach minimizes financial risks, ensures regulatory compliance, and guarantees uninterrupted business continuity.
HitPay, Yuno team up to expand local payment access across Asia Pacific
HitPay, a Singapore-based provider of local payment infrastructure in Asia Pacific, and Yuno, a global financial infrastructure firm, have formed a strategic partnership to simplify payments complexity for international merchants expanding into Asia.
Standard Chartered partners DCS Card for stablecoin spending
Standard Chartered announced Tuesday a partnership with DCS Card Center as the principal banking partner for DeCard, a next-generation credit card enabling seamless stablecoin spending in the real world.
