Singapore fintech
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
Airwallex raises US$330 million Series G funding round led by Addition
The company will set up a second headquarters in San Francisco
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
3 in 4 SMEs have yet to go green due to financial and time constraints, lack of expertise: study
Recommendations include ramping up sustainability-focused initiatives and developing a ‘sustainability passport’ to track their progress
Airwallex crosses US$1 billion in annualised revenue, eyes doubling within a year
The company’s portfolio includes multicurrency business accounts, corporate cards and payments processing services
Equity management platform Qapita raises US$26.5 million in Series B round led by Charles Schwab Corporation
The funds will go towards US expansion, building new fund administration product
Tencent-backed Airwallex acquires OpenPay; move pits it against Stripe Billing
The Singapore-based company will add the billing platform’s capabilities to its product suite and offer them to customers by Q4 2025
Security and compliance among concerns of banks in granting API access to fintechs
The local banks weigh cybersecurity and data-privacy risks in giving only selected access to their SME clients’ financial data
Statista, TIA to award Singapore’s Top Fintech Companies for 2026
The award is open to both young startups and established tech firms
Revolut Singapore in the black, targets South-east Asia
In Singapore, Revolut hit its first year of profitability, with a net profit margin of 15%
