SG Digest: Flash Coffee owes $11m to creditors; Six BNPL firms comply with new rules

SG Digest: Flash Coffee owes $11m to creditors; Six BNPL firms comply with new rules

Photo: Flash Coffee

Rocket Internet-backed Flash Coffee’s Singapore unit owes around $11 million to 120 creditors and employees, while six ‘Buy Now, Pay Later’ (BNPL) firms have been accredited under the new BNPL code in Singapore.