Grab combines digital payments, insurance and lending under new brand
Singaporean fintech Grab has debuted a new brand, called GrabFin, for its digital payments, insurance, lending and wealth management offerings.…
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Embedded finance provider MatchMove buys Shopmatic for $200m
Singapore-based embedded finance platform MatchMove has acquired Shopmatic for $200m to create a fintech powerhouse. The acquisition of the e-commerce specialist will…
Ant to expand Singapore team before digital bank launch
Chinese technology giant Ant Group is hiring for 20 new positions in Singapore in a bid to expand operations in…
Singapore and Australia sign fintech cooperation agreement
The Monetary Authority of Singapore (MAS) and the Australian Treasury have signed a FinTech Bridge agreement to boost cooperation between…
Gupshup buys Singapore’s Active.Ai to enhance offerings for banks
US-based conversational messaging platform Gupshup has acquired conversational AI platform Active.Ai used by banks and fintechs. The financial value of…
Validus eyes business expansion via CitiBusiness small business loan deal
Fintech platform Validus has brokered a deal to acquire Citi Singapore’s CitiBusiness small business loan portfolio. The financial details of the deal…
MAS imposes additional capital requirement on DBS for service disruption
Singapore’s banking regulator has imposed an additional capital requirement on DBS Bank following the disruption in digital banking services in November last year. The…
MAS working on framework on sharing liability from scam-related losses
The Monetary Authority of Singapore (MAS) has announced that it is working to devise a framework to ensure equitable sharing of scam-related…