Financial Services

How fintech startup soCash breaks the cashless mold

How fintech startup soCash breaks the cashless mold

A cashless society is exactly what the cash withdrawal platform wants, as contradictory as it sounds.

UOB issues $140m of maiden green loans

It will be used to build a hotel and a construction and prefabrication hub.

UOB profits up 8% to $1.12b in Q3

This was driven by a healthy loan growth of 8%.

Crypto bank Sygnum clinches capital markets services licence

It will roll out a multi-manager fund on 1 November.

Job-hopping banking tech talents could command up to 15% raise

They are in hot demand as the city prepares to grant virtual bank licenses.

How GoBear expanded beyond financial comparison

It plans to enter partnerships to develop bespoke insurance solutions.

Temasek-backed ABC World Asia closes initial $385m fund

It is focused on social impact companies in China, and South and Southeast Asia.

Bank headcounts rise with tech talent boosting numbers

Banking staff at Singapore’s 18 largest commercial banks grew 5.47% in the last two years.

Credit Saison launches international CVC arm

It plans to invest $74.8m into India and Southeast Asia.

Weak loan growth to hit OCBC's Q3 profits

Loan growth could moderate to 3.2% over higher credit costs.

Boutique asset management NCI opens Singapore branch

The firm will support the Monetary Authority of Singapore’s new fund structure.

OCBC joins Singtel's regional e-payment alliance

The bank’s customers will soon be able to pay using QR codes in Thailand and Japan.

Monthly transactions in PayNow cross $1b mark

Over 3 million in combined mobile and NRIC numbers are registered to the service.

How banks are using analytics to drive SME growth

By analysing massive data volumes, UOB is able to slash loan processing time by 60%.

Here's where online micro consumer lending in Asia flourishes

Southeast Asia’s only landlocked country looks promising for online lending.

Hong Kong fintech YouTrip obtains principal license from Mastercard

This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.