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Blockchain-Based Ride Hailer Tada Closes $5m Series A

Blockchain-Based Ride Hailer Tada Closes $5m Series A

MVLLabs, the Singapore-based startup, has raised $5 million in a Series A round.

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

The Singapore Fintech Festival rounded up blockchain discussions on the last day of the festival, focusing on one of the main themes of the event, financial inclusion.

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.

IAMAI to Host World’s Largest Virtual Global Fintech Fest

IAMAI to Host World’s Largest Virtual Global Fintech Fest

New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.

The Future of the Financial Sector Will Rely on Blockchain, Says Singapore’s Fintech Chief

The Future of the Financial Sector Will Rely on Blockchain, Says Singapore’s Fintech Chief

Sopnendu Mohanty, the Chief Fintech Officer of the Monetary Authority of Singapore (MAS) spoke at a panel at Blockshow Asia 2019 held at the Marina Bay Sands Convention Center last week. In his panel on the topic of: “All that fintech with a layer of blockchain,” he explains the MAS’ role for blockchain adoption in Singapore and in Asia.

BCB Blockchain Collaborates with Philippine Government to Support Local Startups

BCB Blockchain Collaborates with Philippine Government to Support Local Startups

BCB Blockchain, a Singapore-based technology firm agreed to join hands with the government of the Philippines to support the development of local startups through creating smart city projects and applications making use of their funds and blockchain protocol.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

Singapore Payment Services Act Now in Effect For Crypto Firms

Singapore Payment Services Act Now in Effect For Crypto Firms

The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.

Singapore to Pump $8.9 Million Into National Blockchain Ecosystem

Singapore to Pump $8.9 Million Into National Blockchain Ecosystem

The Singaporean government has deployed a US$ 8.9 million national blockchain initiative dubbed the Singapore Blockchain Innovation Program (SBIP).

Singapore Blockchain Week 2020 Sets the Stage with Global Blockchain Experts and Regulators

Singapore Blockchain Week 2020 Sets the Stage with Global Blockchain Experts and Regulators

Singapore Blockchain Week 2020, hosted by Blockchain Association of Singapore (BAS) and co-organised by NexChange Group, will be held from 21 July to 23 July 2020. The anchor event - Singapore Blockchain Week Virtual Summit will take place on 21 July, followed by a series of meetups, workshops and investor events to be organised from 22 July to 23 July 2020.

PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

PWC Singapore's Venture Hub: A Breeding Ground for Singaporean Unicorns

Following Part 1 of the interview, Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain analyzed the key challenges for startups to become a “Unicorn” in Singapore and shared with us how PwC Singapore’s Venture Hub partners with local regulators and accelerators to foster FinTech innovation in Singapore.

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