Vestr: Expands to Singapore, starting with a POC with Bank Julius Baer in Singapore

Vestr: Expands to Singapore, starting with a POC with Bank Julius Baer in Singapore

  • Vestr AG and Bank Julius Baer under the Swiss Fintech incubator, F10 expands into Singapore
  • The partnership between the Swiss units of Bank Julius Baer under the Swiss FinTech incubator, F10
  • The Singapore branches of both Bank Julius Baer plan to launch their digital platform for AMCs in Singapore
  • Awarded the MAS Financial Sector Technology and Innovation (FSTI) Proof-of-Concept (POC) grant
  • The FSTI POC grant provides funding support for experimentation, development
  • The POC started in August of 2021 and is expected to conclude in the second half of 2022
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...