Stripe

The growth of the overall fintech space has been spotty but amid ups and downs, payments are pulling ahead — and for good reason.

Amid a funding winter, the payment segment of the wider fintech ecosystem keeps growing.

This will enable Singapore residents with a WhatsApp number registered here to pay using credit cards, debit cards or PayNow.

GIC and Temasek are among new investors in Irish-American financial services and software-as-a-service (SaaS) company Stripe.

Tech industry leaders are hoping to see more measures that will encourage businesses in Singapore to digitally transform further.

72% of subscription businesses think they will lose more money to fraud this year than in 2021, according to Stripe’s report.

The United States is largest digital export market for businesses in Singapore in 2021, followed by Australia and the UK.

Fixing basic checkout page errors and removing all possible friction in the transaction process can yield big upticks in sales.

Singapore (Oct 7): “Officially Tuas is designed to handle 65 million TEUs (20-foot equivalent units), but I am sure PSA can squeeze a little more out of it if we work hard.” – Prime Minister Lee Hsien Loong, at the groundbreaking of the Tuas Megapor

SINGAPORE (Jan 15): Despite being “global natives” – companies which expand into international markets rapidly, often within the first year of their existence – Singapore’s online businesses appear the most pessimistic about their prospects over