Earlier in January, Singapore financial services startup GoBear suddenly announced that it is ceasing operations. It cited the failure to raise additional funds from existing or new investors as the primary reason for closure, adding that the COVID-19 pandemic made the operating and fundraising environment “very challenging”. Other factors included a …
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Singapore-headquartered financial services and data platform GoBear announced today (Jan 5) that it will be ceasing operations and will begin an “orderly closure of the business”. The firm cited the failure to raise additional funds from existing or new investors as the primary reason for closure. It added that the …
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Razer Fintech, the fintech arm of Razer, announced today (Dec 17) its partnership with Singapore startup Rely to offer buy now pay later (BNPL) services to regional merchants registered under its Razer Merchant Services (RMS). Through this partnership, RMS’ merchants will now be able to provide interest-free BNPL services for its …
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From November 20-22, Bursa Malaysia Berhad in partnership with CGS-CIMB Securities Sdn Bhd will be hosting the inaugural InvestHack hackathon event. Themed “InvestHack: Reimagine Investing”, its goal is to develop innovative solutions and offerings that can enhance retail investor participation in the marketplace. Dictionary Time: A retail investor, also known …
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Author’s Blurb: Loaning money to my colleagues happens very often for me. After lunch, I would pay the bill first and trust that they’ll pay me back eventually. I tend to accept my payments back in what I call “pre-paid meals” where they basically just cover my bill the next …
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Singapore-based fintech startup GoBear announced yesterday (1 September) that it would be retrenching 22 employees due to the Covid-19 pandemic. This makes up 11 per cent of GoBear’s total workforce of 200 employees. The affected employees are from GoBear’s operations, product and technology teams. Out of the 22 employees, six …
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Juris Technologies (JurisTech), a Malaysian fintech company has announced its acquisition of iMoney, another Malaysian fintech company. It’s clear that as the world heads towards digital banking, banking is no longer just a transactional business, co-founder and CEO of JurisTech, See Wai Hun said. Now consumers want an end-to-end experience, …
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Automation and Jobs Read our latest special issue. Open Now The chief compliance officer, or CCO, of a financial company, performs a vital function in the firm: making sure it stays out of trouble with the Securities and Exchange Commission and follows its own internal procedures. Yet despite the importance …
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This year, Singapore ranked fifth in the Global Financial Centres Index (GFCI), which ranks the competitiveness of financial centres. There is little doubt that the city state is rising in competitiveness in the financial technology (fintech) sphere, and government support for the sector has been increasing. Yesterday (August 13), the …
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