Fintech

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[Press Release] Flex by Finaxar, powered by Visa, helps SMEs in Southeast Asia control and reconcile expenditures via a unified spend management solution

Flex by Finaxar, powered by Visa, helps SMEs in Southeast Asia control and reconcile expenditures via a unified spend management solution The all-in-one spend management solution is jointly developed by Singapore-based Fintech, Finaxar and global payments technology company, Visa Flex by Finaxar will be rolled out to SMEs in Finaxar’s operational markets although certain capabilities […]

[Press Release] Flex by Finaxar, powered by Visa, helps SMEs in Southeast Asia control and reconcile expenditures via a unified spend management solution Read More »

Flex by Finaxar, powered by Visa, helps SMEs in Southeast Asia control and reconcile expenditures via a unified spend management solution The all-in-one spend management solution is jointly developed by Singapore-based Fintech, Finaxar and global payments technology company, Visa Flex by Finaxar will be rolled out to SMEs in Finaxar’s operational markets although certain capabilities

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Razorpay Becomes India’s Latest Unicorn with US$100M Series D

Razorpay Becomes India’s Latest Unicorn with US$100M Series D

Razorpay’s neobanking offerings and Payments Button have also recently witnessed substantial growth India-based payment fintech Razorpay has raised US$100 million in Series D funding, marking its entry into India’s unicorn club, the company announced yesterday. The round was co-led by Singapore’s sovereign wealth fund GIC, and Sequoia Capital India, and saw participation from the startup’s

Razorpay Becomes India’s Latest Unicorn with US$100M Series D Read More »

Razorpay’s neobanking offerings and Payments Button have also recently witnessed substantial growth India-based payment fintech Razorpay has raised US$100 million in Series D funding, marking its entry into India’s unicorn club, the company announced yesterday. The round was co-led by Singapore’s sovereign wealth fund GIC, and Sequoia Capital India, and saw participation from the startup’s

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[Press Release] Singapore launches the world’s first blockchain-based solution aimed at preventing double financing fraud

Banks and government bodies rally together to mitigate trade finance fraud with Trade Finance Registry   Singapore, 7th October 2020, – Leading Singaporean banks are rallying together to solve the issue of duplicate financing fraud that amasses to a few billion dollars each year. The move is highly encouraged and supported by government bodies including

[Press Release] Singapore launches the world’s first blockchain-based solution aimed at preventing double financing fraud Read More »

Banks and government bodies rally together to mitigate trade finance fraud with Trade Finance Registry   Singapore, 7th October 2020, – Leading Singaporean banks are rallying together to solve the issue of duplicate financing fraud that amasses to a few billion dollars each year. The move is highly encouraged and supported by government bodies including

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[Press Release] InsurTech Startup Wesurance Group join hands with Telin Hong Kong and Allied World Insurance to offer a Policy for Indonesian Domestic Helpers

Providing the first Simple Insurance Solution for Domestic Helpers in Hong Kong   Hong Kong, 30 September 2020 – InsurTech start-up Wesurance Limited offers the first Personal Accident Insurance for Indonesian Domestic helpers in Hong Kong named Sehati. Sehati is offered through the GoLion Transformation Ecosystem (GTE) service with the help and support of Telin

[Press Release] InsurTech Startup Wesurance Group join hands with Telin Hong Kong and Allied World Insurance to offer a Policy for Indonesian Domestic Helpers Read More »

Providing the first Simple Insurance Solution for Domestic Helpers in Hong Kong   Hong Kong, 30 September 2020 – InsurTech start-up Wesurance Limited offers the first Personal Accident Insurance for Indonesian Domestic helpers in Hong Kong named Sehati. Sehati is offered through the GoLion Transformation Ecosystem (GTE) service with the help and support of Telin

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Singapore Banking Fintech RootAnt Secures US$1.46M Seed Funding

The fresh funding will enable RootAnt to expand across Southeast Asia and Japan Singapore-based Banking-as-a-Service (BaaS) fintech startup RootAnt has raised US$1.46 million in seed funding, according to a statement by the company late last week. China-based venture capital firm Linear Capital led the funding round, which also saw participation from Hong Kong-headquartered KZM &

Singapore Banking Fintech RootAnt Secures US$1.46M Seed Funding Read More »

The fresh funding will enable RootAnt to expand across Southeast Asia and Japan Singapore-based Banking-as-a-Service (BaaS) fintech startup RootAnt has raised US$1.46 million in seed funding, according to a statement by the company late last week. China-based venture capital firm Linear Capital led the funding round, which also saw participation from Hong Kong-headquartered KZM &

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Insuring Against a Global Crisis

Predicting the pandemic’s impact on an industry built to protect against it Covid-19 has certainly been a wake-up call for almost every sector, but the insurance industry is in a particularly precarious position. There is little clarity on whether the pandemic will amount to a blessing or a curse for insurers, but one thing seems

Insuring Against a Global Crisis Read More »

Predicting the pandemic’s impact on an industry built to protect against it Covid-19 has certainly been a wake-up call for almost every sector, but the insurance industry is in a particularly precarious position. There is little clarity on whether the pandemic will amount to a blessing or a curse for insurers, but one thing seems

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Putting the Customers First in Digital Banking

By Jim Cavanaugh Singapore’s digital banking license race shines new light on the importance of digital customer experience. Earlier this year, the race for five digital banking licenses in Singapore saw a breakthrough, as 14 digital banking applicants – out of an initial 21 – were shortlisted by the Monetary Authority of Singapore (MAS). The

Putting the Customers First in Digital Banking Read More »

By Jim Cavanaugh Singapore’s digital banking license race shines new light on the importance of digital customer experience. Earlier this year, the race for five digital banking licenses in Singapore saw a breakthrough, as 14 digital banking applicants – out of an initial 21 – were shortlisted by the Monetary Authority of Singapore (MAS). The

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An Express Ticket to the Future of Business

Hong Kong-based AMTD Group is making its mark on the startup ecosystem Across the globe, established corporations are realizing that the only way forward is by integrating digital solutions into traditional business. In Hong Kong, financial services-focused conglomerate AMTD Group has set itself ahead of the pack by doing just this. Most recently, AMTD signed

An Express Ticket to the Future of Business Read More »

Hong Kong-based AMTD Group is making its mark on the startup ecosystem Across the globe, established corporations are realizing that the only way forward is by integrating digital solutions into traditional business. In Hong Kong, financial services-focused conglomerate AMTD Group has set itself ahead of the pack by doing just this. Most recently, AMTD signed

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[Press Release] Volopay and global fintech platform Nium collaborates to simplify business spendings through corporate card issuance

Singapore, [29th SEPTEMBER 2020] – Singapore based fintech startup Volopay and global fintech infrastructure platform Nium, announced their partnership today that will improve corporate card issuance experience for companies. Many companies struggle with managing their daily expenses, thanks to the 20th-century expense management processes that relies heavily on paper receipts and spreadsheets. Lack of visibility,

[Press Release] Volopay and global fintech platform Nium collaborates to simplify business spendings through corporate card issuance Read More »

Singapore, [29th SEPTEMBER 2020] – Singapore based fintech startup Volopay and global fintech infrastructure platform Nium, announced their partnership today that will improve corporate card issuance experience for companies. Many companies struggle with managing their daily expenses, thanks to the 20th-century expense management processes that relies heavily on paper receipts and spreadsheets. Lack of visibility,

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Stripe Leads Filipino Payment Platform PayMongo’s US$12M Series A

The funding will enable the rollout of new features and products as part of PayMongo’s aggressive growth strategy Philippines-based B2B online payment platform PayMongo has raised US$12 million in its Series A round of financing, the company announced in a statement yesterday. The funding was led by American fintech unicorn Stripe, with participation from its

Stripe Leads Filipino Payment Platform PayMongo’s US$12M Series A Read More »

The funding will enable the rollout of new features and products as part of PayMongo’s aggressive growth strategy Philippines-based B2B online payment platform PayMongo has raised US$12 million in its Series A round of financing, the company announced in a statement yesterday. The funding was led by American fintech unicorn Stripe, with participation from its

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Fintech Startup Airwallex Bags US$40M In Series D Extension Round

In Q3 2020, Airwallex increased its global customer base by 50% and net revenue by over 100% compared to the previous quarter   Australian fintech startup Airwallex, which had raised US$160 million in April, has closed its extended Series D round with an additional $40 million from new and existing investors, the startup announced in a

Fintech Startup Airwallex Bags US$40M In Series D Extension Round Read More »

In Q3 2020, Airwallex increased its global customer base by 50% and net revenue by over 100% compared to the previous quarter   Australian fintech startup Airwallex, which had raised US$160 million in April, has closed its extended Series D round with an additional $40 million from new and existing investors, the startup announced in a

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5 Shocking Tech Startup Scandals of 2020

Controversy has a new favorite child with these five tech startup scandals. Scandal in Silicon Valley came into full view of the world with John Carreyrou’s Bad Blood: Secrets and Lies in a Silicon Valley Startup. The book documents how leadership at biotech startup Theranos raised money, built a company, and signed major partnerships for

5 Shocking Tech Startup Scandals of 2020 Read More »

Controversy has a new favorite child with these five tech startup scandals. Scandal in Silicon Valley came into full view of the world with John Carreyrou’s Bad Blood: Secrets and Lies in a Silicon Valley Startup. The book documents how leadership at biotech startup Theranos raised money, built a company, and signed major partnerships for

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[Press Release] Cyberport Recognised for its FinTech Ecosystem Contribution at IFTA FinTech Achievement Awards

16 Community Start-ups Win Across 12 Categories Hong Kong, 25 September 2020 – In recognition of its efforts in nurturing FinTech start-ups and fostering the financial industry’s digital transformation, Cyberport has been awarded the FinTech Ecosystem Contribution Honorary Award at the IFTA FinTech Achievement Awards. Its community companies – an integral part of its FinTech

[Press Release] Cyberport Recognised for its FinTech Ecosystem Contribution at IFTA FinTech Achievement Awards Read More »

16 Community Start-ups Win Across 12 Categories Hong Kong, 25 September 2020 – In recognition of its efforts in nurturing FinTech start-ups and fostering the financial industry’s digital transformation, Cyberport has been awarded the FinTech Ecosystem Contribution Honorary Award at the IFTA FinTech Achievement Awards. Its community companies – an integral part of its FinTech

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Indian Fintech Startup Vivriti Capital Secures US$13.5M Series B+

Vivriti Capital’s enterprise debt platform CredAvenue has facilitated debt processing of over US$4 billion since its inception in 2017   Enterprise debt and asset management startup Vivriti Capital has raised approximately US$13.5 million (INR 100 crores) in its Series B extension round led by U.S.-based Creation Investments Capital Management, the startup announced in a press

Indian Fintech Startup Vivriti Capital Secures US$13.5M Series B+ Read More »

Vivriti Capital’s enterprise debt platform CredAvenue has facilitated debt processing of over US$4 billion since its inception in 2017   Enterprise debt and asset management startup Vivriti Capital has raised approximately US$13.5 million (INR 100 crores) in its Series B extension round led by U.S.-based Creation Investments Capital Management, the startup announced in a press

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Razer Fintech Partners With Perx Technologies To Redefine Neobanking Experience Through Gamification

Razer Fintech experienced unprecedented growth of 114.3% YoY in H1 2020, processing US$1.8 billion in total payment value   Razer Fintech, the fintech arm of global gaming giant Razer Inc, has entered into a strategic partnership with Singaporean lifestyle marketing Software-as-a-Service (SaaS) platform Perx Technologies, to transform its neobanking experience through gamification, Perx announced in

Razer Fintech Partners With Perx Technologies To Redefine Neobanking Experience Through Gamification Read More »

Razer Fintech experienced unprecedented growth of 114.3% YoY in H1 2020, processing US$1.8 billion in total payment value   Razer Fintech, the fintech arm of global gaming giant Razer Inc, has entered into a strategic partnership with Singaporean lifestyle marketing Software-as-a-Service (SaaS) platform Perx Technologies, to transform its neobanking experience through gamification, Perx announced in

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[Press Release] Panaesha Capital B2B Model Has Received Huge Acceptance in the Financial Market

New Delhi, India: India’s first fintech company that has introduced the B2B model in the cryptocurrency industry, recently Panaesha Capital celebrated the 3rd Foundation Day on 17th September 2020. Having traversed 3 years of its existence, the year 2020 is significant for Panaesha Capital since it has expanded its network in almost all states and

[Press Release] Panaesha Capital B2B Model Has Received Huge Acceptance in the Financial Market Read More »

New Delhi, India: India’s first fintech company that has introduced the B2B model in the cryptocurrency industry, recently Panaesha Capital celebrated the 3rd Foundation Day on 17th September 2020. Having traversed 3 years of its existence, the year 2020 is significant for Panaesha Capital since it has expanded its network in almost all states and