THE Monetary Authority of Singapore (MAS) on Wednesday launched a new variable capital companies (VCC) grant scheme to help fund managers defray costs when incorporating or registering a VCC.
A CONSORTIUM led by the Singapore-headquartered Enigma Group has applied for a digital full bank licence in the Republic, with an eye on serving underbanked small-and-medium-sized enterprises (SMEs) and the digital workforce.
INVESTORS can find opportunities to hedge against geopolitical risks in 2020, amid heightened investor anxiety stemming from geopolitical tensions, UBS strategists said at the UBS Wealth Insights conference on Tuesday.
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.
