Fintech

Singapore CFTE and MAS To Boost ASEAN FinTech Skills for Finance Professionals

Singapore CFTE and MAS To Boost ASEAN FinTech Skills for Finance Professionals

Singapore — The Centre for Finance, Technology and Entrepreneurship (CFTE) is collaborating closely with the Monetary Authority of Singapore (MAS) to develop a financial technology (fintech) education hub for finance professionals. The CFTE was established in May to provide an education program for professionals in the ever-changing field of digital finance. Working with MAS also enables them to extend the platform to the Association of Southeast Asian Nations (ASEAN), where professionals can share more information and strategies. MAS chief fintech officer Sopnendu Mohanty stated that people are a vital resource for success in fintech. The initiative came following the increasing […]

Fintech Finances Soar to a Noteworthy US$5.2 Billion in Q2

Fintech Finances Soar to a Noteworthy US$5.2 Billion in Q2

London, England — According to news last Tuesday, Financial technology (fintech) funds have reached a notable record of US$5.2 billion in the second quarter. This is attributed to the rise of 26 ‘unicorn’ fintech startups that are worth US$1 or more, and 5 rookie firms reaching a significant development in the previous quarter. According to CB Insights, an estimated 251 international deals were made during Q2, which is a noticeable increase from last quarter’s 245 deals. These figures specifically cited fintech companies supported by venture-capital investments. As for Asia, the deals ramped up from 43 in Q1 to 67 in […]

FINTQ Becomes Largest Fintech Company in the PH with New Digital Partnerships

FINTQ Becomes Largest Fintech Company in the PH with New Digital Partnerships

Manila, Philippines — In a report last Saturday, Smart and PLDT’s financial technology (fintech) division called FINTQ has proclaimed many new digital collaborations with various organizations. It is considered the country’s biggest running fintech company today. According to PLDT, Smart chairman Manuel V. Pangilinan, innovating the way the financial industry works requires solid cooperation between traditional banks, fintechs, and major industry players. He is proud that FINTQ can pioneer this change, which is a big leap into the direction of true financial inclusion. FINTQ’s digital lending application is called Lendr, a breakthrough platform. To date, Lendr is used most widely […]