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The fintech start-ups from Singapore to watch out for

Singapore is a hub for fintech activity as its business friendly regulations allow entrepreneurs to expand to the rest of Asia, reports Tech in Asia

The fintech start-ups from Singapore to watch out for

Osman Husain Tech in Asia
Fintech start-ups in Asia collectively raised $797 million last year, making the continent the second-highest funded region after the US. Singapore remains one of the hubs for fintech activity – business-friendly regulations mean founders eye the city-state as a base from which to expand to the rest of Asia

Call Levels
Call Levels is a mobile monitoring tool aimed at those who want real-time updates on fluctuations in commodity and asset prices. Through its app, users can keep track of things like forex, futures, stocks, and even Bitcoin. Last month, it raised a pre-series A round of $500,000 led by 500 Startups
 
 
Tradehero
Tradehero’s app allows users to trade virtual money, betting on real-world stock exchange and commodity data. It’s basically a game, but the unique premise is for inexperienced investors to learn the tricks of the trade without undertaking risks.
 
Numoni
Numoni wants to provide financial services for the 2.4 billion people across the world who survive on less than $2 per day. Referring to that segment as ‘underbanked,’ the start-up’s flagship product is an ATM-esque machine called Nugen. In August this year, it raised a series B round of $4.76 million.
 
The fintech start-ups from Singapore to watch out for
M-DAQ
M-DAQ is trying to make trade of cross-border securities more efficient. It allows investors to trade in any foreign currency denominated in the local currency of their portfolio without having to worry about exchange rate volatility. 
 
Quoine Exchange
Quoine Exchange is a pan-Asian bitcoin exchange headquartered in Singapore. It offers Bitcoin payments and wallets and distinguishes itself from rivals by offering users other services, like margin trading and futures. 


This is an excerpt from Tech in Asia. You can read the full article here.

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First Published: Dec 01 2015 | 1:37 PM IST

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