Fintech

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[Press Release] Is the Financial Services industry trusted in Hong Kong?

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Is the Financial Services industry trusted in Hong Kong? The Financial Services sector presently has a strategic opportunity to deliver a more sustainable and equitable revival in Hong Kong based on growing trust with the general public, says Gary Hwa, EY Asia-Pacific Financial Services Regional Managing Partner and EY Global Financial Services Markets Executive Chair. […]

[Press Release] Is the Financial Services industry trusted in Hong Kong? Read More »

Is the Financial Services industry trusted in Hong Kong? The Financial Services sector presently has a strategic opportunity to deliver a more sustainable and equitable revival in Hong Kong based on growing trust with the general public, says Gary Hwa, EY Asia-Pacific Financial Services Regional Managing Partner and EY Global Financial Services Markets Executive Chair.

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How-This-Travel-Fintech-Company-Went-from-Pandemic-to-Pivot

How This Travel Fintech Company Went from Pandemic to Pivot

Leave a Comment / E-commerce / New Retail, Ecommerce, Entrepreneur Basics, Features, Fintech, Industries, Startup Toolkit /

YouTrip Co-founder and CEO Caecilia Chu speaks to Jumpstart about the company’s pandemic pivot strategy Established in 2018 as a multi-currency mobile wallet for travelers, travel fintech company YouTrip entered pandemic-paralyzed 2020 on the back of 10x growth in 2019. Based in Singapore, Hong Kong, and Thailand, the two-year old company had already seen transactions

How This Travel Fintech Company Went from Pandemic to Pivot Read More »

YouTrip Co-founder and CEO Caecilia Chu speaks to Jumpstart about the company’s pandemic pivot strategy Established in 2018 as a multi-currency mobile wallet for travelers, travel fintech company YouTrip entered pandemic-paralyzed 2020 on the back of 10x growth in 2019. Based in Singapore, Hong Kong, and Thailand, the two-year old company had already seen transactions

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Singapore Digital Wealth Management Platform Syfe Pulls In US$18.6M Series A

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Syfe has recorded ten-fold growth in users and assets under management Singapore-based digital wealth management platform Syfe has closed a Series A round of funding with gains of SG$25.2 million (US$18.6 million), the company announced in a statement today. The round was led by U.S.-based venture capital firm Valar Ventures, and saw participation from Apeiron

Singapore Digital Wealth Management Platform Syfe Pulls In US$18.6M Series A Read More »

Syfe has recorded ten-fold growth in users and assets under management Singapore-based digital wealth management platform Syfe has closed a Series A round of funding with gains of SG$25.2 million (US$18.6 million), the company announced in a statement today. The round was led by U.S.-based venture capital firm Valar Ventures, and saw participation from Apeiron

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[Press Release] EY Webcast: COVID-19 and digital transformation is pushing cybersecurity risk up the agenda for companies in Asia-Pacific

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EY Webcast: COVID-19 and digital transformation is pushing cybersecurity risk up the agenda for companies in Asia-Pacific EY polled more than 350 participants in Asia-Pacific during a webcast on trends in cybersecurity; EY member firm partners shared their thoughts on the steps that companies must take to protect themselves ·       Nearly one-third (30.6%) of webcast

[Press Release] EY Webcast: COVID-19 and digital transformation is pushing cybersecurity risk up the agenda for companies in Asia-Pacific Read More »

EY Webcast: COVID-19 and digital transformation is pushing cybersecurity risk up the agenda for companies in Asia-Pacific EY polled more than 350 participants in Asia-Pacific during a webcast on trends in cybersecurity; EY member firm partners shared their thoughts on the steps that companies must take to protect themselves ·       Nearly one-third (30.6%) of webcast

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Why Digital Wealth Management is More Than Just Robo-Advisory

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The challenge with digital wealth management is to convince people to put their money to use digitally Robo-advisory is on the fast-track to a new kind of transformation, but the bigger win, according to the Co-founder and CEO of Singapore-headquartered fintech startup StashAway Michele Ferrario, is the burgeoning digital wealth management industry. Robo-advisory is a

Why Digital Wealth Management is More Than Just Robo-Advisory Read More »

The challenge with digital wealth management is to convince people to put their money to use digitally Robo-advisory is on the fast-track to a new kind of transformation, but the bigger win, according to the Co-founder and CEO of Singapore-headquartered fintech startup StashAway Michele Ferrario, is the burgeoning digital wealth management industry. Robo-advisory is a

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WireBarley

South Korean Fintech Startup WireBarley Bags US$10M Series B

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WireBarley claims to offer international remittance services at 80% lower prices than banks South Korean fintech startup WireBarley has secures US$10 million in a Series B round of financing from Magna Investment, Shinsegae I&C, and Dt & Investment, the startup announced in a press release yesterday. WireBarley specializes in global remittance services. The company will

South Korean Fintech Startup WireBarley Bags US$10M Series B Read More »

WireBarley claims to offer international remittance services at 80% lower prices than banks South Korean fintech startup WireBarley has secures US$10 million in a Series B round of financing from Magna Investment, Shinsegae I&C, and Dt & Investment, the startup announced in a press release yesterday. WireBarley specializes in global remittance services. The company will

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[Press Release] Consumer survey shows 66.7% feel their bank should be doing more to improve online services during the pandemic

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HONG KONG, 16 September 2020 — Recent research by data enrichment fintech gini shows 66.7% of respondents feel their bank should be doing more to improve online services during the pandemic, with one of the major pain points being the lack of clarity in the way information is displayed on transaction histories.   The survey showed

[Press Release] Consumer survey shows 66.7% feel their bank should be doing more to improve online services during the pandemic Read More »

HONG KONG, 16 September 2020 — Recent research by data enrichment fintech gini shows 66.7% of respondents feel their bank should be doing more to improve online services during the pandemic, with one of the major pain points being the lack of clarity in the way information is displayed on transaction histories.   The survey showed

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Thai Insurtech Startup Sunday Secures US$9M pre-Series B

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Sunday will use the fresh funds to expand into Indonesia while keeping up with its rapid growth in Thailand Thailand-based full-stack insurtech startup Sunday has raised US$9 million in pre-Series B funding round led by SCB 10X, the venture capital arm of the Siam Commercial Bank PCL (SCB), with participation from Vertex Ventures Southeast Asia

Thai Insurtech Startup Sunday Secures US$9M pre-Series B Read More »

Sunday will use the fresh funds to expand into Indonesia while keeping up with its rapid growth in Thailand Thailand-based full-stack insurtech startup Sunday has raised US$9 million in pre-Series B funding round led by SCB 10X, the venture capital arm of the Siam Commercial Bank PCL (SCB), with participation from Vertex Ventures Southeast Asia

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Singaporean Digital Credit Score Developer CredoLab Raises US$7M Series A

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Since its inception, CredoLab has powered over $2 billion in loans issued by over 70 client lenders Singapore-based fintech startup CredoLab, which develops bank-grade digital credit scorecards, has raised US$7 million in a Series A funding round led by U.K.-headquartered Identity Data Intelligence firm GBG, the startup announced in a press release on Wednesday. The current round

Singaporean Digital Credit Score Developer CredoLab Raises US$7M Series A Read More »

Since its inception, CredoLab has powered over $2 billion in loans issued by over 70 client lenders Singapore-based fintech startup CredoLab, which develops bank-grade digital credit scorecards, has raised US$7 million in a Series A funding round led by U.K.-headquartered Identity Data Intelligence firm GBG, the startup announced in a press release on Wednesday. The current round

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Cross-Border Payments Fintech Thunes Set to Grow with US$60M Series B Raise

Cross-Border Payments Fintech Thunes Set to Grow with US$60M Series B Raise

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B2B cross-border payments startup Thunes settles expansion focus on Africa, Asia and Latin America In a bid to drive its global growth, Singapore-headquartered cross-border payments fintech Thunes has secured an investment of US$60 million in Series B funding, the company announced in a statement yesterday. The round was led by Africa-focused private investment firm Helios Investment Partners, with

Cross-Border Payments Fintech Thunes Set to Grow with US$60M Series B Raise Read More »

B2B cross-border payments startup Thunes settles expansion focus on Africa, Asia and Latin America In a bid to drive its global growth, Singapore-headquartered cross-border payments fintech Thunes has secured an investment of US$60 million in Series B funding, the company announced in a statement yesterday. The round was led by Africa-focused private investment firm Helios Investment Partners, with

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Chinese Insurtech Startup Waterdrop Raises US$230M Series D Ahead Of U.S. IPO

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Waterdrop is reportedly planning a U.S. IPO as early as this year, at a valuation of US$2 billion Chinese insurtech startup Waterdrop, known as Shuidihuzhu in China, has raised US$230 million in a Series D round of financing led by insurance giant Swiss Re and existing investor and Chinese Internet giant Tencent, the startup announced

Chinese Insurtech Startup Waterdrop Raises US$230M Series D Ahead Of U.S. IPO Read More »

Waterdrop is reportedly planning a U.S. IPO as early as this year, at a valuation of US$2 billion Chinese insurtech startup Waterdrop, known as Shuidihuzhu in China, has raised US$230 million in a Series D round of financing led by insurance giant Swiss Re and existing investor and Chinese Internet giant Tencent, the startup announced

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Hong Kong Banking Alternative Neat Adds US$4M Extension Round to its Series A

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Several investors in Neat’s Series A returned to invest again Hong Kong-based fintech Neat has raised US$4 million as a Series A extension round, according to a press statement released by the company today. The round was funded by existing backers MassMutual Ventures, the investment arm of Massachusetts Mutual Life Insurance Company, Pacific Century Group,

Hong Kong Banking Alternative Neat Adds US$4M Extension Round to its Series A Read More »

Several investors in Neat’s Series A returned to invest again Hong Kong-based fintech Neat has raised US$4 million as a Series A extension round, according to a press statement released by the company today. The round was funded by existing backers MassMutual Ventures, the investment arm of Massachusetts Mutual Life Insurance Company, Pacific Century Group,

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Indonesia’s BukuKas Raises US$9M in Pre-Series A Funding

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BukuKas has hit several milestones in just eight months since its launch Indonesia-based BukuKas, a financial management app for micro, small and medium enterprises (MSMEs), has raised US$9 million in its pre-Series A funding round, the company announced in a statement today. The round was raised from Sequoia Capital India’s Surge, a scale-up program for

Indonesia’s BukuKas Raises US$9M in Pre-Series A Funding Read More »

BukuKas has hit several milestones in just eight months since its launch Indonesia-based BukuKas, a financial management app for micro, small and medium enterprises (MSMEs), has raised US$9 million in its pre-Series A funding round, the company announced in a statement today. The round was raised from Sequoia Capital India’s Surge, a scale-up program for

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Are Virtual Banks Safe

Are Virtual Banks Safe?

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The digitization of shopping, communication and entertainment is now as clear as day. The most dominant and relevant startups today have earned their reputations because of their innovative approaches to redefining outdated lifestyles.

Are Virtual Banks Safe? Read More »

The digitization of shopping, communication and entertainment is now as clear as day. The most dominant and relevant startups today have earned their reputations because of their innovative approaches to redefining outdated lifestyles.

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Crypto Exchange Huobi Closes H1 2020 with US$877.8B in Trading Volume

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Huobi trading volumes held fast in the second quarter despite Bitcoin crash Singapore-based global cryptocurrency trading platform Huobi has recorded a trading volume worth US$877.8 billion on the platform in the first half of 2020, Huobi announced in a statement late last week. Both its highest and lowest monthly trading volumes were recorded in the second quarter,

Crypto Exchange Huobi Closes H1 2020 with US$877.8B in Trading Volume Read More »

Huobi trading volumes held fast in the second quarter despite Bitcoin crash Singapore-based global cryptocurrency trading platform Huobi has recorded a trading volume worth US$877.8 billion on the platform in the first half of 2020, Huobi announced in a statement late last week. Both its highest and lowest monthly trading volumes were recorded in the second quarter,

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Digital Payments in the Store of the Future

Leave a Comment / Ecosystems, Features, Opinions /

By ZOE TAN Three lessons from the forefront of digital payment  Singapore is universally acknowledged as one of the world’s smartest cities. It ranked first in the world for technology and innovation on the IESE Cities in Motion Index in 2019, for example, and fifth overall on the influential Global Power City Index in the

Digital Payments in the Store of the Future Read More »

By ZOE TAN Three lessons from the forefront of digital payment  Singapore is universally acknowledged as one of the world’s smartest cities. It ranked first in the world for technology and innovation on the IESE Cities in Motion Index in 2019, for example, and fifth overall on the influential Global Power City Index in the

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