Fintech News

JANUARY 9, 2024

In contrast to recent tech fads like NFTs and the metaverse, the focus on AI and ML is well-justified. Source: Monetary Authority of Singapore Several nations within the APAC region, including Singapore and Japan , are actively exploring Web3 digital assets and stablecoins. billion in the first half of 2022 to US$5.1

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Fintech News

JUNE 10, 2024

Yeshu Agarwal, 29, Co-Founder and CTO, Transak, India Yeshu Agarwal is the co-founder and CTO of Transak, a web3 payment gateway that simplifies the buying and selling of cryptocurrencies and non-fungible tokens (NFTs). Founded in 2022, the startup secured US$3.8 Notable investments include North, Piction Health, Dost, and Textla.com.

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Fintech News

JANUARY 24, 2024

Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued. The company is also enhancing its BitCheck tool to facilitate transactions involving fiat, stablecoins, and cryptocurrencies.

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Fintech News

JANUARY 28, 2024

As of October 2022, the city-state was home to 1,580 fintech companies, representing 39% of the 4,000+ fintech companies presented in ASEAN at the time. In addition to systematically claiming the lion’s share of fintech VC funding in ASEAN, Singapore also boasts the largest and most developed fintech ecosystem in the region.

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