How these S’poreans built a fintech startup that now leads the payments, crypto space in SEA

Xfers is founded by a group of friends — three computer engineers and one legal professional — Samson Leo, Tianwei Liu, Tianyao Liu and Victor Liew. The seeds of Xfers were planted years ago back when Tianwei worked for a startup in California’s Silicon Valley as part of National University of Singapore (NUS)’s Overseas Colleges (NOC) programme. Silicon...

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S’pore BNPL firm Pace raises US$40M in Series A to fuel Asia expansion and grow user base

Pace, a Singapore-based fintech solution company that offers ‘Buy Now, Pay Later’ (BNPL), announced today that it had raised US$40 million in its Series A investment round. Investors that joined the round include UOB Venture Management (Singapore), Marubeni Ventures (Japan), Atinum Partners (South Korea), AppWorks (Taiwan), and a series of family offices from Japan and Indonesia. Previous investors, Vertex Ventures Southeast Asia, Alpha JWC, and Genesis Alternative Ventures also participated in...

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OCBC CEO recognises crypto potential, might be second bank in S’pore to set up crypto exchange

In an interview with Bloomberg Television last Friday (November 19), OCBC chief executive officer Helen Wong revealed that the bank is considering to set up a crypto exchange. At the end of last year, Singapore-based OCBC had US$121 billion in assets under management, making it the second largest bank in Southeast Asia. “We are looking at it and seriously there...

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Dyson to officially open its St James Power Station HQ in 2022, actively hiring in S’pore now

In November last year, British electronics company Dyson announced that it will be shifting its Singapore headquarters (HQ) to St James Power Station in 2021. Previously, Dyson said that its move to shift its corporate head office to Singapore “reflects the increasing importance of Asia” to the business. St James Power Station is Singapore’s first coal-fired power station....

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