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1582

Asia’s FinTech Can’t Wait, We Need Yo Hurry: Next Bank Founder

E27.CO: Rob Findlay sat down with e27 to share his thoughts on the fin-tech ecosystem in Asia and where it is all going from here (more…)

InspirAsia, Singapore

May 14, 2015

2205

Asia’s states, VCs, banks and startups must build fin-tech together

E27.CO: The world’s best fin-tech companies come from countries with a close collaboration between all parties, says Vladislav Solodkiy of Life.SREDA at the fin-tech event that took place in Singapore last week. (more…)

Fintech news, Hotnews, InspirAsia, news, Singapore

May 11, 2015

1406

Disruption Looms For Asian Banks

IFRE.COM: Last week, the  head of Singapore’s DBS Group, Piyush Gupta, sounded the alarm over shifts in the banking model that could push many banks out of business in a relatively short period. He spoke of the “cataclysmic disruption” facing the industry over the next five years and suggested that banks unable to adjust to this disruption over the next decade would “die”, adding that perhaps a decade was being a little too generous on the timeline front. (more…)

InspirAsia, Singapore

May 8, 2015

2371

Singapore’s VC investments exceed $1b in 2014: SVCA

DEALSTREETASIA: Singapore-based private equity (PE) and venture capital (VC) fund managers deployed more than $9 billion, while VC investments exceeded $1 billion, with Singapore continuing to be a major investment hub. Singapore-based fund managers accounted for more than 55 per cent of total PE and VC investments into Southeast Asia. Meanwhile, Singapore-based companies received more than $2.7 billion in PE/VC funding. (more…)

InspirAsia, Singapore

May 7, 2015

1448

How TradeHero Is Democratizing Stock Trading For Asia’s Middle Class

TECHINASIA: In the past, Tech in Asia has referred to TradeHero as one of the best startups in Singapore. The firm offers an app that lets users trade virtual money based on real-world stock market data. Essentially, it’s a game, but with interesting implications. (more…)

InspirAsia, Singapore

May 6, 2015

2396

Unitary Asian Cryptocurrency Would Revolutionise Fintech: Life.SREDA’s Vladislav Solodkiy

DEALSTREETASIA: The recent entry of several fintech-focused accelerators into the Singapore startup ecosystem is laying the foundations for a sophisticated fintech ecosystem in the city-state. This development has played a significant part in the Russian venture capital firm Life.SREDA’s shifting its HQ from Moscow to Singapore. With the recent move by Life.SREDA VC to migrate to Singapore, along with its proposed $100 million second fund, DEALSTREETASIA caught up with its managing partner Vladislav Solodkiywho is also the Chairman of the Board of LifePay Global, which provides mPos services across CIS and Asia Pacific markets.Edited Excerpts (more…)

Columns, Cryptocurrencies, Influences FinTech, InspirAsia, Singapore

April 28, 2015

1651

2C2P Raises $7M To Bridge The Payment Gap In Southeast Asia

TECHCRUNCHPayments continue to be a huge issue in many parts of Asia and emerging markets. That’s why 2C2P, a Singapore-headquartered startup, has closed a $7 million Series C round to help solve the complexities across Southeast Asia. The round was provided by Hong Kong-based Amun Capital and GMO Venture Partners from Japan. It takes the startup at $40 million pre-money, and takes it to $10 million from investors to date. (more…)

Deals, Fintech news, InspirAsia, Mobile payments/banking, Singapore

April 27, 2015

Life.SREDA To Pour US$90M In Asian Fin-Tech Startups Over Next 6 Months

E27.CO: Russian venture capital firm Life.SREDA, which e27 exclusively reported is to open its own fin-tech accelerator InspirAsia in Singapore this year, has just shared more juicy goodness: it plans to invest the remaining US$80 million to US$90 million of its second fund into promising fin-tech startups across Asia Pacific over the next six months. Vladislav Solodkiy, the firm’s Managing Partner, said he expects the remainder of the fund to be invested in between 20 to 30 startups at rounds of between US$1 million and US$10 million depending on the stage of the company. (more…)

Fintech news, Hotnews, InspirAsia, Singapore

April 24, 2015

Incorporating A Company In Singapore In One Infographic

E27.CO: As more and more companies look to Singapore as their HQ, understanding how to incorporate a company in one of the most business-friendly locations in the world is now more important than ever.

To make life easier, the folks over at Rikvin put together this super comprehensive infographic on just that. Titled ‘All you need to know about incorporating a Singapore company‘, the infographic includes information on minimum requirements, documents needed, steps involved, as well as post-incorporation and related matters.

We have republished the full infographic below with permission from Rikvin for your researching pleasure. Scroll down to get all that free goodness.

See the infographic

Influences FinTech, InspirAsia, Singapore

April 23, 2015

1383

Smart Reasons To Bring Your Entrepreneurship To Singapore

E27.CO: Singapore can be called a business nation: values this country has contributed to the world’s economy have totally changed the way a business can be run. Singapore has led in the World Bank’s Doing Business Survey for years persistently proving its status of “the world’s easiest place to do business”. Everything in the country works for tremendous business results. (more…)

Influences FinTech, InspirAsia, Singapore

April 23, 2015

TradeGecko raises $6.5m Series A round from NSI & Jungle Ventures

DEALSTREETASIA: Singapore-based startup  TradeGecko, a B2B web-based inventory and order management software provider for independent brands and their retailers, has raised $6.5 million in a Series A round from  local venture capital firms NSI Ventures and Jungle Ventures (more…)

Deals, InspirAsia, Singapore

April 21, 2015

Silicon Valley or Death Valley

The Independent: Soaring rental and labour costs have pushed manufacturing companies out of Singapore and in its place the government of Singapore is nurturing high-technology startups to be the next Ali Baba of Asia. (more…)

InspirAsia, Singapore

April 19, 2015

New Startup Brings P2P Loans To Singapore’s Small Businesses

TECHINASIA: Meeting Capital Match co-founders Pawel Kuznicki and Kevin Lim, it feels like they are well on their way to bridge the gap between a technology company and big finance. Dressed in button-up shirts and dark trousers, I get the feeling they’re going to advise me about loans rather than discuss setting up a tech startup. It’s a good thing, then, that they are here to do both. (more…)

Crowdfunding/investing, Fintech news, InspirAsia, news, p2p/online lending, Singapore

April 17, 2015

Scaling Globally From Singapore

TECHINASIA: Building a startup into a billion-dollar company is still a dream for most.  While it is easier than ever to start a business, it’s harder than ever to scale one. In the tech industry, many companies are “born global” by nature, but successfully scaling globally takes a special mix.  Over the past few years there has been a lot of valuable information and focus on starting lean, but little information as to how to cross the chasm and successfully scale into a profitable, global business.  So, what’s the magic recipe? I have assembled a short list based on my experiences of working with successful startups in the US, Europe, and Asia, and also asked local experts for their opinions. (more…)

Analytics, Global trends, InspirAsia, Singapore

April 17, 2015

Temasek Largest Foreign Investor In Chinese Banks

DEALSTREETASIA:  Data from SNL Financialreleased earlier this week,showed that Singapore state-owned fund Temasek Holdings is the single-largest foreign investor in Chinese banks amongst the top 25 foreign investors in China. The SNL index also showed that Chinese banks had outperformed their regional peers in the Asia-Pacific, including Japan and Australia. (more…)

China, InspirAsia, Singapore

April 16, 2015

Temasek Acquires SVB India Finance For $48.1M To Foray Into Venture Debt

TECHINASIA: Singapore’s sovereign wealth fund Temasek has acquired SVB India Finance, the largest provider of debt financing to VC-backed firms in India. The deal is worth INR 3 billion (US$ 48.1 million). (more…)

Deals, India, InspirAsia, Singapore

April 14, 2015

Singapore Parliament Takes New Steps To Regulate Taxi Booking Apps

TECHINASIA: Singapore’s Parliament has proposed new laws for the regulation of third-party taxi booking apps such as Uber and GrabTaxias reported by Today Online. The regulations in question echo the basic regulatory frameworkproposed by Singapore’s Land Transport Authority back in November 2014. Requirements such as third parties having to register with the LTA, dispatch only properly licensed cars and drivers, and disclose adequate and timely information on charges and fees, remain. (more…)

Global trends, Government activities, InspirAsia, Singapore

April 14, 2015

1348

Startupbootcamp Announces Top 10 FinTech Startups To Join Its Singapore Program

TECHINASIA: It was an especially good weekend for the 10 startups who qualified for the Startupbootcamp FinTech program in Singapore. During a special event on Saturday, the FinTech accelerator chose the finalists out of a selection process that lasted six weeks and saw 300 applications coming in. (more…)

Fintech news, InspirAsia, news, Singapore

April 13, 2015

Co-Foundry & Plug and Play establish fintech accelerator

DEALSTREETASIAThe Co-Foundry (TCF), a Singapore-based venture accelerator and a co-working space, has launched a fintech accelerator, together with the Silicon Valley accelerator Plug and Play (PnP). (more…)

Fintech news, InspirAsia, news, Singapore

April 13, 2015

Singaporean Investments In Myanmar See Significant Increase

DEALSTREETASIA: The amount of FDI flowing into Myanmar from Singapore has seen a significant increase in recent years. Investment by Singapore organisations in Myanmar has risen 41.5 percent from 2012, hitting $311.4 million in 2013, with a focus on urban development, connectivity and finance, according to Lai Shu Ying, the Southeast Asia director of International Enterprise (IE) Singapore. (more…)

Fintech news, InspirAsia, Myanmar, Singapore

April 13, 2015

3399

Life.SREDA Announces InspirAsia FinTech Accelerator For Singapore

E27.CO: The 90-day accelerator’s first batch of 20-30 startups will kick off in September, with investments of US$50K to US$300K for 5-15% equity (more…)

Fintech news, Hotnews, InspirAsia, Singapore

April 9, 2015

1779

Stripe To Enter Singapore Market?

TECHINASIAStripe may be making its way to the Singapore market, if certain reports from local entrepreneurs are accurate. The US-based company that provides web and mobile payment methods to online businesses has seemingly been testing the waters in the area, where competing service Braintree has already established a presence. (more…)

Fintech news, InspirAsia, Mobile payments/banking, news, Singapore

April 6, 2015

1299

One of Singapore’s Sexiest Co-working Spaces Has Opened Its Doors

E27.CO:  It’s a great time to be an entrepreneur in Singapore. Never in the history of our little red dot has there been more buzz, more excitement, more life and more resources channeled towards technological innovation. Singapore has become a hub in this region and a real player on a world stage once dominated by the great industrial economies of the world like Japan and America.

(more…)

InspirAsia, news, Singapore

April 1, 2015

1928

Singapore: A Fascinating Alternative To The Welfare State

FORBES.COM:  Lee Kuan Yew, the first prime minister of Singapore, died last week at age 91. Almost every obituary has remarked on the radical transition his leadership heralded. As John Fund wrote at National Review: “By embracing free trade, capital formation, vigorous meritocratic education, low taxes, and a reliable judicial system, Lee raised the per capita income of his country from $500 a year to some $52,000 a year today. That’s 50 percent higher than that of Britain, the colonial power that ruled Singapore for 150 years. Its average annual growth rate has averaged 7 percent since the 1970s”.

(more…)

InspirAsia, news, Singapore

March 31, 2015

1605

Singapore Venture Builder Hatcher Announces US$100M Venture Fund

E27.CO:  Singapore-based venture builder platform Hatcher has announced the launch of the Hatcher Fund, an early-stage venture fund with a target size of US$100 million.

(more…)

InspirAsia, news, Singapore

March 30, 2015

6974

A List of Venture Capital Firms in Singapore

TECHINASIAVenture capital firms have entered Singapore in droves, which means internet startups here can look forward to a wider variety of funding options. Here is a list of venture capital firms with a presence in Singapore that are actively investing in startups in the series A rounds and above. It includes funds that are supported by the Singapore government through the NRF TIS scheme and the ESVF initiative. (more…)

Fintech news, InspirAsia, news, Singapore

March 26, 2015

1289

Singapore’s Zopim to power Facebook Messenger’s Business app

TECHINASIA: Facebook woke up the internet industry when it announced that its popular Messenger app, one of the world’s largest chat apps with 600 million active users, will open up to third-party developers. The move emulates the recipe that brought Asian chat apps Line and WeChat into prominence as platform businesses. Announced on the same day (though overshadowed) was the news about Businesses on Messenger, an upcoming feature on the app that allows users to chat with businesses on customer support matters. Singapore startup Zopim, acquired last year by customer support software company Zendesk for US$30 million, will power the feature. (more…)

Fintech news, InspirAsia, news, Singapore

March 26, 2015

1522

Entering the Post-LKY Era

The Independent: Lee Kuan Yew has passed away. He is the man who established Singapore, as we know it. The man of outstanding commitment and vision. Rest in peace (more…)

InspirAsia, Singapore

March 23, 2015

1741

Golden Gate Ventures to raise $50m in second fund

DEALSTREETASIA: Early-stage fund Golden Gate Ventures (GGV) has upped its game in the venture capital space – raising around $50 million for its second fund. (more…)

Fintech news, Hong Kong, InspirAsia, news, Singapore

March 23, 2015

Lee Kuan Yew’s Singapore: An Astonishing Record

The Economist: An amazing infographics from the Economist: how Singapore has become the most developed country in the world in the Lee Kuan Yew years

(more…)

Analytics, Global trends, InspirAsia, news, Singapore

March 22, 2015