Offer size has been reduced from 3.15 crore equity shares to 1.75 crore equity shares after the company mopped up Rs 267 crore from 34 anchor investors on November 9. ( read original story ...)
Paytm’s IPO Subscribed 48% As Fintech Firm Heads Into Last Issue Day
Paytm has put 48.3 million shares for sale in what is expected to be India’s largest stock market listing., , Paytm acquire, paytm, Paytm IPO ... ( read original story ...)
Ravi Menon, Managing Director, Monetary Authority of Singapore: The Future of Money, Finance, and the Internet
Ravi Menon, Managing Director, Monetary Authority of Singapore (MAS), delivered a speech "The Future of Money, Finance, and the Internet" at Singapore FinTech Festival 2021 on 9 November 2021: ... ( read original story ...)
Singapore launches national AI programme in finance
The programme is a joint initiative by the Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) at the Smart Nation and Digital Government Office (SNDGO). It aims to build deep AI ... ( read original story ...)
Circle to Invest in Singapore as part of Always-On Global Infrastructure
"You cannot build an always-on, global internet finance business without considering Singapore as a hub," said Dante Disparte, Circle's Chief Strategy Officer and Global Head of Policy. ( read original story ...)
Singapore FinTech STACS to build Blockchain-based registry for ESG certifications and verified data
Singapore FinTech company, Hashstacs Pte Ltd ("STACS") will be developing an industry-wide blockchain-based Environment, Social, and Governance (ESG) Data and Certification Registry. This is in ... ( read original story ...)
Nykaa IPO: Beauty Giant To Make Its Stock Market Debut Today
Grey market premiums suggest that Nykaa’s shares may get listed around INR 650 higher than the issue price band (INR 1,085 – INR 1,125). ( read original story ...)
Sapphire Foods IPO subscribed 49% on Day 1, retail portion booked 2.56 times
The retail portion was subscribed 2.56 times on Day 1 as individual investors bid for 44,99,340 equity shares against the offered 17,57,994. However, the demand from QIBs) and NIIs remained muted, ... ( read original story ...)
CBDCs Have Potential But Not in 2022: Monetary Authority of Singapore Pumps the Brakes
CBDCs have the potential to make a significant impact on global finance, but appropriate safeguards need to be in place, an official from the Monetary Authority of Singapore (MAS) said today. The ... ( read original story ...)
India’s Paytm’s IPO subscribed 48per cent as fintech firm heads into last issue day
Indian fintech firm Paytm's initial public offering (IPO) of up to 183 billion rupees (US$2.47 billion) was subscribed 48per cent on the second day of the issue period, receiving bids for 23.5 million ... ( read original story ...)
DBS goes big with sterling debut
DBS paid a minimal premium as it raised £1bn with its first covered bond in sterling on Tuesday morning. The volume eclipsed the £850m of five year paper raised by compatriot United Oversea Bank on ... ( read original story ...)
Paytm’s IPO Subscribed 48% On Second Day Of Issue
Paytm's share sale via initial public offer, the country's biggest-ever, was subscribed 48 per cent at the end of the second day of the issue ... ( read original story ...)
Paytm IPO half covered on Day-2 on interest from retail investors
The firm is eyeing bids worth at least Rs 5,000 cr on the final day. While most bids in any IPO come on the last day, the response so far is nevertheless subdued, said market watchers ... ( read original story ...)
Singapore’s Monetary Authority official slams cryptocurrencies as poor store of value
At the Singapore FinTech Festival, Ravi Menon, Managing Director at MAS shared his thoughts on the future of money, finance, and the internet. ( read original story ...)
How BNPL firm Atome plans to use its $500 million investment from Standard Chartered
Lei Chen of Advance Intelligence Group, the parent company of Atome Financial, says that in addition to scaling and giving a pricing advantage, the investment and strategic partnership will allow them ... ( read original story ...)
Fully founder-owned and now worth $4b: How Singapore’s TDCX did it
The Singapore-headquartered BPO firm shrugged off VC firms in its 21 years of operation. It’s now a public company listed on the New York Stock Exchange. ( read original story ...)