Financial Services

Singapore sees slower crypto user growth despite high adoption

Both Singapore (28%) and Hong Kong (27%) show high familiarity but slower growth in new users.
2 days ago

Asset manager Lighthouse Canton to invest $1.5b in India: report

It’s $1b in private credit and $500m in real estate over the next 3-4 years.

iFast Corporation posts $26.1m net profit in Q3

The bank credits growth on its unit trust, wealth management, and ePension platforms.

Singapore investors lead globally in AI-driven investing

Interest in AI education is also high, with 39% planning to learn more about AI-driven investment strategies within the next year.

Citibank, HSBC, RHI lead Singapore brand experience

Across the three sectors evaluated, Citibank, HSBC, and Raffles Health Insurance (RHI) emerged as category leaders.

ShopBack eyes global expansion, taps gaming for growth

The US will be a key focus in the coming years.

MAS launches BLOOM for tokenised liabilities settlement

The program could also ease settlement assets, compliance checks, and agentic payments.

OxPay utilises net proceeds from convertible loan of $1.8m

It has been used for operating expenses, amongst others.

OCBC SME Index holds at 50.5 in Q3 with gains in ICT and manufacturing

Looking ahead, OCBC expects conditions to ease as consumer sentiment remains cautious.

Over 1 in 2 Singaporeans spend $5,000 annually on out-of-pocket business costs

Long waits for reimbursements are one key issue employees face, said Airwallex.

Job insecurity, cyber risks expose weak spots in remittance sector

Stronger coordination between regulators, insurers, and payment providers is essential.

Fintechs accelerate global expansion with IFC partnerships

About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations.

Singapore ranks first in professional services in GFCI 38

Singapore also made a major advance in FinTech, rising to fourth globally.

Singapore jumps to fourth in global fintech rankings

Singapore has overtaken London, which fell to fifth.