Smiles Mobile Remittance Revolutionizes Bill Payment for Filipinos in Singapore
Digital Wallet Singapore Pte. Ltd. has announced that its mobile money transfer app, Smiles Mobile Remittance, now offers a Bills Payment feature for Filipinos living in Singapore. This feature allows users to conveniently pay bills in the Philippines using only their smartphone, saving time and money compared to visiting a physical payment location. Customers can pay off or contribute to government loans, insurances, electricity and...
MAS Launches Net Zero Action Plan
Deputy Prime Minister and Minister for Finance, Heng Swee Keat, and Deputy Chairman of the Monetary Authority of Singapore (MAS), Lawrence Wong, today announced the launch of MAS’ Finance for Net Zero (FiNZ) Action Plan. The plan expands on MAS’ Green Finance Action Plan launched in 2019 and sets out MAS’ strategies to mobilize financing for Asia’s net zero transition and decarbonization activities in Singapore...
UOB and Lazada Announce Regional Strategic Partnership to Enhance Payment and Financial Services
UOB and Lazada Group have entered a Memorandum of Understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base across Singapore, Malaysia, Indonesia, Thailand, and Vietnam. This partnership will be Lazada’s first with a bank for various payments and financial services in Southeast Asia and UOB’s first regional collaboration with an e-commerce platform. The collaboration aims...
Volopay Secures In-Principle Approval for Major Payment Institution License from MAS
Volopay, a Singapore-based fintech start-up, has announced that it has received in-principle approval for a major payment institution licence from the Monetary Authority of Singapore (MAS). This licence means that Volopay’s payment services, which include account issuance, e-money, domestic money transfer, and cross-border money transfer, will be regulated under the Payment Services Act. The major payment institution licence is...
Touch ‘n Go eWallet Expands Payment Coverage in Singapore, Now Accepted at NETS Merchants
Touch ‘n Go eWallet users in Malaysia can now enjoy even wider cashless payment options when travelling to Singapore. The popular eWallet has announced that users can now make payments at any merchant displaying NETS QR via NETS payment terminals or SGQR in the republic. This new partnership is made possible thanks to the recently-announced cross-border partnership between DuitNow and NETS. The expansion of the payment coverage...
hoolah Announces Regional Partnership With Strawberrynet
hoolah, Asia’s leading omni-channel Buy Now Pay Later (BNPL) ecosystem announced its regional partnership with Strawberrynet, the world’s leading online discount beauty retailer to allow consumers from Hong Kong, Singapore and Malaysia to split their purchases across three monthly, interest-free repayments. Founded in 1998, Strawberrynet offers skincare, makeup, fragrance, and hair care products from over 800 premium brands....
Remittance Firm Revolut Introduces New Review Page with Updated Pricing
Remittance customers can look forward to significant savings if they switch to Revolut from its competitors today. The UK-fintech will be charging a fee for remittances but is keeping its commitment to giving customers some of the most competitive rates in the market. Standard and Premium plan customers will be charged a fee for cross-border transactions. The fee will be 0.3% of the amount transferred, starting at a minimum of S$0.30,...
E-Commerce Aggregator, Una Brands, Raises USD40 Million In Seed Round From Heavy Hitters To Acquire And Scale Brands In APAC
Singapore-based e-commerce startup, Una Brands, today announced that it has raised a USD40 million Seed Round of equity and debt financing, in one of the biggest seed funding rounds seen regionally. Una Brands will use the capital to buy and scale e-commerce brands based in APAC. Kiren Tanna, former CEO of Rocket Internet Asia and Founder of foodpanda and ZEN Rooms, founded Una Brands in 2020. Kiren is backed by four other Co-Founders...
Kaspersky Builds Momentum In Asia-Pacific With Appointment Of New Managing Director
5 February 2021 (MY) – Kaspersky has announced the appointment of Chris Connell as Managing Director for the Asia-Pacific (APAC) region. Chris will spearhead the global cybersecurity company’s APAC business expansion efforts in addition to continuing his role as the Deputy Vice President of Global Sales for the company. Originally from the United Kingdom, he is set to be based in Kaspersky’s regional office in Singapore. Chris...
Mambu Raises €110 Million in Funding Round Led by TCV
8 January 2021 (SG) – Mambu, the market-leading SaaS banking platform, today announced its latest funding round of €110 million in new capital. This round was led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. Additional investment was received by Tiger Global and Arena Holdings, as well as existing investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners. The new round brings the...
Group-IB Reveals Cyberthreat Forecast for The Coming Year
25 November 2020 (SG) – Group-IB, a global threat hunting and intelligence company, has presented its annual Hi-Tech Crime Trends 2020/2021 report. In the report, the company examines key shifts in the cybercrime world internationally between H2 2019 and H1 2020 and gives forecast for the coming year. The most severe financial damage has occurred as a result of ransomware activity. The past year — a harrowing period for the...
Raffles Hotel Singapore Takes its Legendary Guest Experience to the Next Level with Adyen
24 November 2020 (SG) – Raffles Hotel Singapore has appointed Adyen, the global payments platform of choice for many of the world’s leading companies, as its preferred payments partner to deliver a holistic and frictionless hospitality experience within and beyond its iconic property walls. Always committed to being relevant and ever evolving to adapt to the changing needs of today’s traveller, the iconic Raffles...
