A handful of fintech companies in Singapore may soon turn into digital banks as the city-stake kicks off an application process wherein five new digital bank licences will be doled out.

According to a statement by the Monetary Authority of Singapore (MAS), applications...

Ten years after the launch of the Bitcoin whitepaper, there has been less than 20 per cent purchase of the digital assets, and corporate trust in cryptocurrencies remains low.

While media outlets and online forums across Europe and North America are home to endless...

The end of H1 2019 marks an important milestone for e-commerce in Singapore as we draw closer to Google & Temasek’s SG$27 billion predictions on the size of the country’s internet economy by the year 2025.

In the same report, Google stated that e-commerce is the mo...

Singapore has such a dynamic ecosystem that sometimes the number of events offered can be overwhelming. Here at FirstCOUNSEL, we're going to help you out by putting together a curated list of upcoming events in Singapore for start-ups, SMEs and entrepreneurs:

Sept...

Much of the chatter surrounding the rapid rise of artificial intelligence in today’s market is centered around how this impressive trend will upend the HR industry and redefine how businesses bring on new staffers. Precious little attention is being paid to how critica...

When the “sharing economy” emerged ten years ago, its promise of providing income to anyone who’s willing to share his or her resources, captured the imagination of investors and consumers alike. It can be an extra space in one’s car, as popularised by Uber, or a spare...

TRIBE Accelerator, a blockchain accelerator based in Singapore, announced the upcoming launch of OpenNodes, a web-based engagement platform supported by the Infocomm Media Development Authority of Singapore (IMDA).

TRIBE Accelerator said that it is meant to bring togeth...

Vulcan Capital, Seattle-based investment company founded by Paul Allen, the late co-founder of Microsoft Corp, has commenced operation of its first international office in Singapore, Bloomberg has learned.

Vulcan Capital brings along an initial US$100 million...

Every day three quintillion bytes of data is generated. This data comes from different sources like digital pictures, videos, posts on social media, e-businesses, intelligent sensors, and log storage in the IT industry.

According to McKinsey, “big data” refers to datase...

Bambu, a Singapore-based startup providing digital wealth management solutions, has secured US$10 million in a series B funding round.

Third-time investor Franklin Templeton co-led the investment, along with new investor Peak6 Strategic Capital.

With the fresh funding, B...