Category: Fintech
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Primer and Fazz partner to accelerate adoption of PayNow across Southeast Asia
Merchants in Southeast Asia can now add PayNow, the national payment network in Singapore, to their service with very little integration effort. This is thanks to a newly minted partnership between Fazz, a business account that allows businesses of all scales to pay, save and get credit easily in Southeast Asia, and Primer, the world’s first automation platform […]
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Weixin Pay Promotes Singapore’s Unique Hawker Culture, Enabling Nearly 10,000 Hawkers Going Digital
Weixin Pay, the mobile payment function of Tencent’s popular social platform Weixin, has increased access for Weixin Pay travellers exploring Singapore to the nation’s unique hawker culture, offering them the ease of payment to nearly 10,000 hawker stalls across the country. In conjunction with the ongoing Singapore Food Festival, Weixin Pay launched a foodies promotional campaign […]
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Every traveller can now use Instarem’s amaze card with the new Wallet Top-Up Feature
Post-pandemic travel is beginning to resemble 2019 with Singapore residents island hopping over weekends and business travel back in full swing. 82% of customers that Instarem surveyed said they were planning to travel before the end of the year. Since borders opened, amaze has been many travellers’ card of choice when it comes to making […]
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UNOAsia raises USD44.5m, led by Creador
Singapore-headquartered financial technology company UNOAsia Pte. Ltd. (UNOAsia), the primary incorporator of UNO Digital Bank in the Philippines, has secured USD11m in a pre-Series A round led by Creador Private Equity(Creador). Creador has already invested a total of USD21m and has plans to increase this further, making it UNOAsia’s largest investor. To date, UNOAsia has secured USD44.5 million […]
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Be otter-ly rewarded this National Day with Google Pay
In celebration of Singapore’s 57th birthday, Google Pay is launching a special in-app game from 1 August to 14 August 2022 to make digital payments more rewarding and fun for Singaporeans this National Day. Building on Google Pay’s popular social game, Huat pals, this new seasonal mini-game, titled Lion City Cake, allows users to win […]
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YouTrip and Mastercard launch YouBiz, the smartest corporate card for SMEs to earn unlimited cashback and save on FX fees
Singapore’s leading neobank, YouTrip, has launched its new business product, YouBiz. Powered by Mastercard®, YouBiz is the best corporate card for enterprises to earn unlimited cashback and save with zero foreign exchange fees. Integrated with the card is also a unified control centre bringing together multi-currency accounts, local and domestic transfers, corporate expense management and […]
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LINE Bank Taiwan Tops 1.1 Million Users in First Year
In just its first year of operations, LINE Bank Taiwan has already exceeded 1.1 million customers, the internet-only bank announced — but even more importantly, it has transformed the way banking operates. Since launching on April 22, 2021, LINE Bank Taiwan has established itself as a leading digital financial service, proving to be especially popular with younger […]
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Singtel partners UOB and ADDX on largest foreign currency digital bond in Singapore
Singtel, as part of its commitment to support sustainability and the digitalisationof the financial ecosystem, has announced the successful pricing of Singapore’s largest foreign currency digital bond. The US$100 million, five-year digital Sustainability-Linked Bond (SLB) is a partnership by Singtel’s wholly-ownedsubsidiary, Singtel Group Treasury (SGT), with UOB and ADDX. The digital SLB will be drawn down under SGT’s existing S$10 billion Euro Medium Term Note Programme, guaranteed by Singtel. The SLB will carry a […]
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Finastra collaborates with Microsoft to bring embedded financing options to thousands of businesses with Banking as a Service
Finastra has announced aBanking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. SMEs using Microsoft Dynamics 365will be able to access and unlock vital financing offers without leaving their business management platform. This move will enable […]
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ADDX Launches Private Market Services For Wealth Managers; StashAway, CGS-CIMBAmong The First On Board
Wealth managers can now introduce more of their end-investors to the world of private investments through a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices can also take part in the space via a corporate service to diversify their portfolios through private marketproducts. Both services fall under a new product line for businesses, calledADDX Advantage. Among some of the first institutions to come on board as partners include StashAway, Southeast Asia’s fastest growing digital wealth manager, and CGS-CIMB, […]
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