Singapore-based Chocolate Finance, launched in 2024 to disrupt traditional banking for Gen Z, is facing backlash after freezing withdrawals, capping spending, and blocking top-ups, leading to negative sentiment online. The crisis stemmed from a partnership with HeyMax rewards platform and a promotion offering air miles, which was abruptly halted due to unsustainable bill payments, triggering customer withdrawals and criticism. PR experts criticized the handling of the crisis, highlighting the need for preparedness, quick response, and customer trust retention strategies. Despite the turmoil, some investors have voiced confidence in the startup, while customers question their return.
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GE2025: PAP rolls out East Coast Plan website
Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: The People's Action Party (PAP) on Tuesday (Apr 15) launched a website with details of the East Coast Plan, including interactive maps showing improved facilities and ongoing works of community spaces within different areas in East Coast.The website - titled East Side, Best Side...
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