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The AMTD Singapore Solidarity Fund has completed the first five FinTech investments of its new S$50m ($36.7m) fund.
After almost two decades of helping regulators with their data woes, Vizor is now also supporting financial institutions with its new RegTech offerings.
FinTech companies in the country recorded only a single deal over $50m so far this year compared to six in 2019.
Singapore-based FinTech MatchMove has raised $21m in a funding round backed by ZTC Private Markets, Singapura Finance, Vickers Partners, NTT Investment Partners, Iconic World and VV Pentafond.
Southeast Asia PropTech platform PropertyGuru has scored $220m in a new funding round that will help the company meet the rapidly evolving needs of the market.
Singapore-based FinTech GoBear is having a year of ups and downs, having raised a $17m round in May and it now announcing that it has axed roughly 11% of its workforce.
Singapore-based Spenmo has reportedly bagged $2m in its seed funding round to help its move into the Indonesian market.
The Monetary Authority of Singapore (MAS) has established a SGD $250m ($182m) in a fund targeting the FinTech space.
The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.