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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Trump says US had ‘very good’ talks with Putin, Ukraine war could end
In a Truth Social post, US President Donald Trump stated that there is a "very good chance" that the war between Russia and Ukraine could come to an end after "productive" discussions with Russian President Vladimir Putin. Trump requested that Putin spare the lives of Ukrainian troops who are surrounded, and US envoy Steve Witkoff had a lengthy meeting with Putin in Moscow to convey signals to Trump about potential next steps in negotiations. Kremlin...
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