Fintech
Visa offers stablecoin settlement for US banks using Circle’s USDC
Merchants are typically paid out in local currency
Digital banks in South-east Asia face profit pressure as rates slump and credit risks rise
Preserving deposits and embedding products within ecosystems could prove vital, say market watchers
German regulator orders oversight, limits on GIC-backed online bank N26
The measures mark the second time since 2021 that BaFin has directed a special monitor to oversee the fast-growing Berlin-based lender
Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah
Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors
From AI to Web3: Dubai’s model for a future economy
Dubai is engineering its future through AI, fintech and digital assets. Claressa Monteiro explores what drives this precision and what Singapore can learn.
Airwallex raises US$330 million Series G funding round led by Addition
The company will set up a second headquarters in San Francisco
Private credit needs a secondary market
Such markets address illiquidity fears known to plague investors in Singapore and the Asia-Pacific
Singapore digital infrastructure company EFGH to pursue US listing via Spac
It has entered into a business combination agreement with WinVest Acquisition Corp
Singapore rents aren’t going anywhere, AI boom or not
There are good reasons to expect that housing prices in the city-state won’t swoon or zoom
M&A always on the radar as bigger players ‘tend to win’: Grab COO Alex Hungate
He stresses that greater scale is crucial to making money in the competitive, low-margin ride-hailing market
