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Insight - Singapore’s housing party is on. Watch the clock
FROM Munich to Frankfurt, and Toronto to Hong Kong, housing bubbles have either grown bigger through the pandemic or refused to deflate. Singapore’s property, though, is in a sweet spot of affordability, making it a likely target of an investment frenzy.
Singapore's tech start-up Sea acquires Indonesian bank to gain fintech foothold
SINGAPORE (Bloomberg): Singapore's Sea Ltd, the tech start-up that's become South-east Asia's most valuable company, has acquired Indonesia's Bank Kesejahteraan Ekonomi, according to people familiar with the matter.
WhatsApp scrambles as users in big Indian market fret over privacy
NEW DELHI (Reuters) - WhatsApp is battling mistrust globally after it updated its privacy policy to let it share some user data with parent Facebook and other group firms, and the backlash risks thwarting its ambitions in its biggest market, India.
Grab raises $300 million for fintech arm's ambitious expansion
SINGAPORE (Reuters) - Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea's Hanwha Asset Management Co. Ltd for its rapidly-expanding financial services business.
Grab raises US$300mil for fintech arm from investors including Hanwha
SINGAPORE (Reuters): Southeast Asian ride-hailing and food delivery giant Grab said on Thursday (Jan 14) it has raised more than US$300 million from investors led by South Korea's Hanwha Asset Management Co Ltd for its fast-growing financial services business.
London resilient at top of European tech investment table despite COVID
LONDON (Reuters) - London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the impact of COVID-19, according to research by Dealroom.co and London & Partners.
AirAsia’s digital platform eyes more partnerships
KUALA LUMPUR: Budget carrier AirAsia Group’s travel, e-commerce and fintech unit airasia.com is in partnership talks with several Middle Eastern and European airlines, its chief executive said.
Digital banks gain U.S. customers during pandemic, thanks to early deposits
(Reuters) - Digital banks including Chime, Varo and Current have won over more U.S. customers during the coronavirus pandemic by processing stimulus payments quickly, setting them apart from traditional banks and generating valuable word-of-mouth referrals.
PayTM says could turn profitable in 2021
LONDON (Reuters) - Indian fintech giant PayTM may turn profitable this year as the pandemic fuels a surge in the use of its payment platforms, the company's chief executive and founder told the Reuters Next conference.
AirAsia's digital platform eyes more airline partnerships
KUALA LUMPUR: Malaysian budget carrier AirAsia Group's travel, e-commerce and fintech unit airasia.com is in partnership talks with several Middle Eastern and European airlines, its chief executive said on Wednesday.
