Featured

A CONSORTIUM led by Enigma Group has applied for a digital full bank licence in the Republic, with the aim of serving the underbanked small-and-medium-sized enterprises (SMEs) as well as the digital workforce.

THE leadership team behind Singapore-based venture capital firm Life.Sreda has applied for a digital wholesale banking licence here with the aim of serving "abnormal" customers, or what they call higher-risk clients that traditional banks typically reject.

EFA Group, a Singapore-based alternative asset manager specialising in private debt strategies, has completed the first close of its latest Asia-Pacific direct-lending fund.

FINANCE, consultancy and fund management company Golden Equator Group on Monday announced its foray into Brunei, following the S$24.6 million strategic investment it received in April last year.

UNITED Overseas Bank (UOB) has projected a S$10 billion market opportunity in Asean, with the 84-year-old Singapore bank going on the offensive to take a chunk of it through its standalone digital bank for millennials.

FINANCE company Singapura Finance and homegrown digital payments startup MatchMove Pay are believed to have joined forces in hopes of landing a digital bank licence in Singapore.

EVEN as excitement continues to bubble over the five upcoming digital banks in Singapore, not all industry watchers are convinced that the newcomers will have sufficient space to play in the local financing space.

UOB Venture Management, the private equity unit of UOB, has co-led a US$31.2 million Series A funding round for Bangkok-based fintech startup Lightnet.

THE Philippines will soon have its first digital-only, branchless bank.

An unsexy corner of the investment world is getting a little racier. The infrastructure and real estate investment arm of Macquarie is in advanced talks to buy data-centre company AirTrunk for over A$3 billion (S$2.78 billion), Bloomberg reported last week. Growing data consumption is fuelling demand...