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Tag: ipo

Posted on 11/03/2025

Chocolate Finance suspends instant withdrawals, citing high volume of requests

Users making withdrawal requests during this time will have to wait between 3 and 10 days to get their money. Read more at straitstimes.com.

Posted on 11/03/2025

Chocolate Finance CEO says withdrawal issues can be traced back to ‘gaming’ of miles reward system

The financial services platform's instant withdrawal services will be reinstated when withdrawal requests slow down, founder and chief executive officer Walter de Oude tells CNA in an interview.

Posted on 11/03/2025

Singapore Firms Need Better Climate Reporting as New Rules Loom

Singapore’s listed companies need to improve climate disclosures as regulators are set to impose new standards starting this year, a new study has found.

Posted on 10/03/2025

80% investors bullish on Singapore stocks—SIAS survey

Despite concerns over low dividends, modest capital gains, and weak market liquidity, investors remain bullish about local stocks, according to a ...

Posted on 10/03/2025

Chocolate Finance CEO says disabling of AXS payments was ‘communicated poorly’

A rush among users to withdraw funds forced the firm to temporarily suspend instant withdrawals, but founder and CEO Walter de Oude says “at no point is customer money at risk”.

Posted on 10/03/2025

Chocolate Finance halts instant withdrawals due to ‘high demand’

SINGAPORE: Chocolate Finance has temporarily suspended instant fund withdrawals due to "high demand", it said in a notice to customers on Monday (Mar 10). The financial services platform said that ...

Posted on 10/03/2025

Chocolate Finance Temporarily Suspends Instant Withdrawals

Singapore-based financial services platform Chocolate Finance has temporarily halted instant withdrawals due to a spike in customer requests ...

Posted on 10/03/2025

Razorpay expands payments footprint in Singapore ahead of IPO

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

Posted on 09/03/2025

Malaysian Tycoon Lim Han Weng’s HI Mobility Adding Electric Buses With IPO Proceeds

HI Mobility—controlled by Malaysian oil and gas tycoon Lim Han Weng—is raising $26.3 million from its IPO to add electric buses to its fleet as the company gears up for increased traffic between ...

Posted on 09/03/2025

Malaysian Tycoon Lim Hang Weng’s HI Mobility Adding Electric Buses With IPO Proceeds

HI Mobility—controlled by Malaysian oil and gas tycoon Lim Han Weng—is raising $26.3 million from its IPO to add electric buses to its fleet as the company gears up for increased traffic between ...

Posted on 09/03/2025

Superwomen in Singapore: Moms outshine their mothers, balancing family and finances like never before

SINGAPORE: A groundbreaking new survey from Sun Life Asia featured in an Insurance Asia article revealed that Singaporean women are now more financially se ...

Posted on 09/03/2025

New SkillsFuture scheme provides financial aid and career support for unemployed job seekers

SINGAPORE—To support the involuntarily unemployed, a new “activities-based” scheme has been introduced to provide monthly payouts to eligible job seekers ...

Posted on 08/03/2025

S’pore woman received over S$711 million in bank account, admits not knowing where funds came from

Zin Nwe Nyunt, 58, a Singaporean citizen, worked with her husband's childhood friend, Nyan Win, who controlled Zin's accounts and made transfers to local and overseas accounts, in exchange for ...

Posted on 07/03/2025

Singapore clarifies rules for real estate agents in anti-money laundering Bill

SINGAPORE has introduced a Bill to set out requirements for the real estate industry to act on suspected money laundering activities. Read more at The Business Times.

Posted on 07/03/2025

S Pass qualifying salary to increase: S$3,300 from September 1, S$3,800 for those in financial services

Singapore’s minimum qualifying salary for S Pass applicants will be S$3,300, up from the previous S$3,150, marking the third ...

Posted on 07/03/2025

Top 6 Fintech Events in Singapore in 2025

Explore the top fintech events in Singapore 2025, from SFF to blockchain summits to stay ahead with key conferences.

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