📰 FintechNews.sg – Weekly Newsletter
Period: February 7, 2026 – February 13, 2026
📝 Executive Summary
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Singapore’s fintech ecosystem saw multiple government and regulatory initiatives this week, including a significant expansion of equity market support and ongoing reinforcement of Singapore’s role as a regional hub for both digital finance and crypto operations. The Monetary Authority of Singapore’s (MAS) funding boost signals continued support for local capital markets and institutional fintech activity. (Fintech Singapore)
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Major corporate moves highlight strategic shifts: Grab made a substantial acquisition in the U.S. wealthtech space through Stash, while global crypto platform Gemini consolidated operations with Singapore as a central hub. (Fintech Singapore)
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Payments and fintech infrastructure continue to expand across Asia, especially with initiatives enabling cross‑border QR payments between Malaysia and India. (Fintech Singapore)
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There were also notable business partnerships and talent developments within Singapore’s ecosystem, from startup growth strategies with Aspire and Antler, to leadership appointments at HSBC Singapore, underscoring sustained industry confidence. (Fintech Singapore)
📈 Key Trends / Insights
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Regulatory & Market Support: Expanded MAS funding for local equity market programmes reinforces Singapore’s structural push for deeper capital‑markets fintech integration. (Fintech Singapore)
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Cross‑Border Payments Growth: Interoperability deals like Malaysia‑India QR linkage illustrate the region’s strategic effort to lower friction in real‑time payments. (Fintech Singapore)
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M&A in WealthTech: Strategic acquisitions (e.g., Grab–Stash) highlight fintech consolidation and regional players pursuing international wealthtech footprints. (Fintech Singapore)
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Crypto Hub Strategy: Gemini’s global workforce reduction paired with consolidation in Singapore suggests focused hub positioning amidst broader industry downturn. (Fintech Singapore)
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Startup Support & Partnerships: Growth partnerships, such as Aspire with Antler, show that fintech startups are sharpening their go‑to‑market strategies, especially for early‑stage founders. (Fintech Singapore)
🇸🇬 Singapore
Regulation & Market Development
- Singapore Raises EQDP Funding to S$6.5 Billion to Support Local Equity Markets (Feb 13, 2026) MAS has expanded the Equity Market Development Programme cap to S$6.5 billion under Budget 2026 to deepen local fund management and increase retail participation in Singapore equities. Source: https://fintechnews.sg/126428/fintech/eqdp-funding-singapore/
AI & Talent
- Google Expands AI Investments in Singapore (Feb 11, 2026) Google announced expanded AI investment in Singapore, including R&D, enterprise collaboration and startup programmes like Startup School: Prompt to Prototype. Source: Google Expands AI Investments in Singapore
Payments
- Aspire Aims to More Than Double Its Startup Clients Through Antler Partnership (Feb 12, 2026) Singapore‑based fintech Aspire has partnered with Antler to expand its early‑stage customer base 2.3x in 2026. Source: https://fintechnews.sg/126364/payments/aspire-antler/
WealthTech
- Grab Breaks Into U.S. Investing Segment With Stash Acquisition (Feb 12, 2026) Grab will acquire a majority stake in U.S. investing platform Stash for $425 million, entering the U.S. wealth management market and adding ~1 million subscribers. Source: https://fintechnews.sg/126293/wealthtech/grab-stash-acquisition/
Crypto / Digital Assets
- Singapore Becomes Primary Hub as Gemini Lays Off 25% of Global Workforce (Feb 10, 2026) Gemini is restructuring globally, centralising operations in Singapore and the U.S. despite company‑wide layoffs. Source: https://fintechnews.sg/126164/crypto/gemini-singapore-global-restructuring/
Banking / Corporate
- HSBC Singapore Appoints Group COO Suzy White to Board (Feb 11, 2026) HSBC Singapore appointed Suzy White to its board, reflecting expanded leadership as the bank anchors regional wealth and treasury units. Source: https://fintechnews.sg/126248/fintech/suzy-white-hsbc-board/
🌏 Southeast Asia
Payments
- Malaysians and Indians Will Soon Have Access to Cross‑Border QR Payments (Feb 12, 2026) Malaysia’s DuitNow QR system will interoperate with India’s UPI in phases, enabling travellers and merchants to transact seamlessly across networks. Source: https://fintechnews.sg/126328/payments/malaysia-india-qr-payments/