Fintech

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yoma

Yoma Strategic Plans To Acquire Majority Stake In Wave Money For US$76.5M

Myanmar’s Wave Money says its revenue, transaction numbers, and transfer volume have more than tripled in 2019 Yoma Strategic Holdings, which owns a diversified portfolio of businesses in Myanmar, announced today that it plans to acquire a controlling stake in Wave Money, a leading mobile financial services provider in Myanmar. Wave Money is a joint […]

Yoma Strategic Plans To Acquire Majority Stake In Wave Money For US$76.5M Read More ยป

Myanmar’s Wave Money says its revenue, transaction numbers, and transfer volume have more than tripled in 2019 Yoma Strategic Holdings, which owns a diversified portfolio of businesses in Myanmar, announced today that it plans to acquire a controlling stake in Wave Money, a leading mobile financial services provider in Myanmar. Wave Money is a joint

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checkout.com series b

DST Global, GIC Among Checkout.com’s US$150M Series B Investors

Both DST Global and GIC have previously funded Checkout.com London-based payments fintech Checkout.com has raised $150 million in a Series B funding round, tripling its previous valuation to $5.5 billion, the company announced in a statement. U.S.-based technology hedge fund Coatue led the round, with Southeast Asian investors Government of Singapore-owned wealth fund GIC and

DST Global, GIC Among Checkout.com’s US$150M Series B Investors Read More ยป

Both DST Global and GIC have previously funded Checkout.com London-based payments fintech Checkout.com has raised $150 million in a Series B funding round, tripling its previous valuation to $5.5 billion, the company announced in a statement. U.S.-based technology hedge fund Coatue led the round, with Southeast Asian investors Government of Singapore-owned wealth fund GIC and

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synqa

Thai Fintech Startup SYNQA Raises US$80M Series C

SYNQA to use funds for enhancing and updating enterprise product line. Thailand-based fintech startup SYNQA (formerly Omise Holdings) announced today that it has raised $80 Million in a Series C funding round led by Thailand’s fourth-largest lender by assets,ย SCB 10X Co., Ltd.ย (SCB 10X), andย SPARX Group Co., Ltd.ย (through its Mirai Creation Fund II). Other investors who

Thai Fintech Startup SYNQA Raises US$80M Series C Read More ยป

SYNQA to use funds for enhancing and updating enterprise product line. Thailand-based fintech startup SYNQA (formerly Omise Holdings) announced today that it has raised $80 Million in a Series C funding round led by Thailand’s fourth-largest lender by assets,ย SCB 10X Co., Ltd.ย (SCB 10X), andย SPARX Group Co., Ltd.ย (through its Mirai Creation Fund II). Other investors who

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SME Fintech Company Wallex Wraps Series A, Investors Include Ant Financial-Backed BAce Capital

Startups like Wallex have been digitizing finance for largely underserved Southeast Asian SMEs Singapore-headquartered B2B fintech startup Wallex Technologies, which focuses on small and medium enterprises (SMEs), has closed its Series A round of funding for an undisclosed amount, the company said in a statement. The funding was led by Ant Financial-backed early stage-investor BAce

SME Fintech Company Wallex Wraps Series A, Investors Include Ant Financial-Backed BAce Capital Read More ยป

Startups like Wallex have been digitizing finance for largely underserved Southeast Asian SMEs Singapore-headquartered B2B fintech startup Wallex Technologies, which focuses on small and medium enterprises (SMEs), has closed its Series A round of funding for an undisclosed amount, the company said in a statement. The funding was led by Ant Financial-backed early stage-investor BAce

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Finance

Covid-19 Volatility: A Baptism of Fire for Decentralized Finance

By Amanda Liu   The market volatility that followed the onset of Covid-19 in March provided an unscheduled test for Decentralized Finance (DeFi). This open finance movement aspires to make all financial products and services available to anyone who has an Internet connection and smartphone.   Given that the blockchainโ€™s roots lie in the chaos

Covid-19 Volatility: A Baptism of Fire for Decentralized Finance Read More ยป

By Amanda Liu   The market volatility that followed the onset of Covid-19 in March provided an unscheduled test for Decentralized Finance (DeFi). This open finance movement aspires to make all financial products and services available to anyone who has an Internet connection and smartphone.   Given that the blockchainโ€™s roots lie in the chaos

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InvestHK unveils details of virtual StartmeupHK Festival 2020

InvestHK unveils details of virtual StartmeupHK Festival 2020 ***********************************************************************************************   Invest Hong Kong (InvestHK) today (June 4) announced details of its five-day StartmeupHK Festival 2020, which will run from July 6 to 10. Befitting its theme of start-ups and technology, the festival is making the unprecedented move of transforming from an in-person event to a

InvestHK unveils details of virtual StartmeupHK Festival 2020 Read More ยป

InvestHK unveils details of virtual StartmeupHK Festival 2020 ***********************************************************************************************   Invest Hong Kong (InvestHK) today (June 4) announced details of its five-day StartmeupHK Festival 2020, which will run from July 6 to 10. Befitting its theme of start-ups and technology, the festival is making the unprecedented move of transforming from an in-person event to a

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TechCity Connect: Big Data & Ethics

Dublin-based marketing agency and event organizer, ditto, boasts a full calendar of online events and webinars, and TechCity Connect was its most ambitious undertaking yet. With 12 tracks, including regulation, remote working, digital transformation, and smart cities, the event welcomed 2,500 attendees and 42 speakers for a full day of insightful discussions. The Big Data

TechCity Connect: Big Data & Ethics Read More ยป

Dublin-based marketing agency and event organizer, ditto, boasts a full calendar of online events and webinars, and TechCity Connect was its most ambitious undertaking yet. With 12 tracks, including regulation, remote working, digital transformation, and smart cities, the event welcomed 2,500 attendees and 42 speakers for a full day of insightful discussions. The Big Data

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market bubbles

Bubbling Troubles: 5 Market Bubbles To Watch Out For

Smaller market bubbles have โ€˜poppedโ€™ up in the current market Today, tulips can be purchased for a handful of dollars. The value they were traded at in the early 1600s, however, could be enough to put you through an Ivy League B-School four times. Tulip Mania refers to a speculative bubble that gripped the Dutch

Bubbling Troubles: 5 Market Bubbles To Watch Out For Read More ยป

Smaller market bubbles have โ€˜poppedโ€™ up in the current market Today, tulips can be purchased for a handful of dollars. The value they were traded at in the early 1600s, however, could be enough to put you through an Ivy League B-School four times. Tulip Mania refers to a speculative bubble that gripped the Dutch

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Endowus Launches New Cash & SRS Portfolios Built On Access To Low, Institutional-Cost, Systematic And Passive Index Funds Managed By Dimensional, PIMCO, And Vanguard For Singapore-Based Retail And Accredited Investors

Singapore, 27 May 2020 โ€“ Today, Endowus.com, one of Singaporeโ€™s leading MAS-licensed investment advisors and the first and only digital advisor for the Central Provident Fund (CPF), announced new Cash and Supplementary Retirement Scheme (SRS) advised portfolios, which will provide their clients with access to funds managed by three of the largest fund managers in

Endowus Launches New Cash & SRS Portfolios Built On Access To Low, Institutional-Cost, Systematic And Passive Index Funds Managed By Dimensional, PIMCO, And Vanguard For Singapore-Based Retail And Accredited Investors Read More ยป

Singapore, 27 May 2020 โ€“ Today, Endowus.com, one of Singaporeโ€™s leading MAS-licensed investment advisors and the first and only digital advisor for the Central Provident Fund (CPF), announced new Cash and Supplementary Retirement Scheme (SRS) advised portfolios, which will provide their clients with access to funds managed by three of the largest fund managers in

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TranSwap Launches E-Remittance Service for Foreign Domestic Workers

TranSwap, a home-grown cross-border payments platform for businesses, today announced that it has launched an e-remittance service, for employers of foreign domestic workers (FDWs) to digitally send money back to their FDWโ€™s families during Circuit Breaker. The launch comes at a time when it has been challenging for FDWs to access remittance services to send

TranSwap Launches E-Remittance Service for Foreign Domestic Workers Read More ยป

TranSwap, a home-grown cross-border payments platform for businesses, today announced that it has launched an e-remittance service, for employers of foreign domestic workers (FDWs) to digitally send money back to their FDWโ€™s families during Circuit Breaker. The launch comes at a time when it has been challenging for FDWs to access remittance services to send

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GoBear

โ€˜GoBearโ€™ Or Go Home: Fintech Platform Raises US$17M

The funds will help expand GoBearโ€™s financial services Singapore-headquartered financial services platform GoBear has raised $17 million from existing backers Dutch venture capital firm Walvis Participaties and Dutch multinational corporation Aegon N.V., the startup announced in a statement yesterday. The funding will be used to drive GoBearโ€™s development as a full-fledged financial services platform built

โ€˜GoBearโ€™ Or Go Home: Fintech Platform Raises US$17M Read More ยป

The funds will help expand GoBearโ€™s financial services Singapore-headquartered financial services platform GoBear has raised $17 million from existing backers Dutch venture capital firm Walvis Participaties and Dutch multinational corporation Aegon N.V., the startup announced in a statement yesterday. The funding will be used to drive GoBearโ€™s development as a full-fledged financial services platform built

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CapBridge

Singapore and Hong Kong Government Companies Unite To Fund Private Market Fintech CapBridge Financial

SGInnovate and Cyberport seal the deal for CapBridgeโ€™s Hong Kong expansion Two Southeast Asian government agencies, SGInnovate and Cyberport Macro Fund, have joined Singapore-based integrated private market investment platform CapBridge Financial’s investor base. The fintech platform has raised an undisclosed amount of equity from Singaporeย government-owned deep tech investor SGInnovate and Hong Kong Government-owned Cyberport Macro

Singapore and Hong Kong Government Companies Unite To Fund Private Market Fintech CapBridge Financial Read More ยป

SGInnovate and Cyberport seal the deal for CapBridgeโ€™s Hong Kong expansion Two Southeast Asian government agencies, SGInnovate and Cyberport Macro Fund, have joined Singapore-based integrated private market investment platform CapBridge Financial’s investor base. The fintech platform has raised an undisclosed amount of equity from Singaporeย government-owned deep tech investor SGInnovate and Hong Kong Government-owned Cyberport Macro

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Qupital partners with LianLian Global to provide enhanced financing services

Qupital partners with LianLian Global to provide enhanced financing services to cross-border e-commerce sellers

Qupital has entered into a strategic partnership with LianLian Global, Chinaโ€™s leading digital services and payments provider for cross-border e-commerce sellers. QiaoYiDai (ๆกฅๆ˜“่ดท), the latest fintech product jointly developed by Qupital and LianLian Global, will provide pioneering, data-based offshore USD financing services to LianLian Globalโ€™s extensive network of e-commerce customers. Solving operational pain points for cross-border e-commerce sellers

Qupital partners with LianLian Global to provide enhanced financing services to cross-border e-commerce sellers Read More ยป

Qupital has entered into a strategic partnership with LianLian Global, Chinaโ€™s leading digital services and payments provider for cross-border e-commerce sellers. QiaoYiDai (ๆกฅๆ˜“่ดท), the latest fintech product jointly developed by Qupital and LianLian Global, will provide pioneering, data-based offshore USD financing services to LianLian Globalโ€™s extensive network of e-commerce customers. Solving operational pain points for cross-border e-commerce sellers

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Verteva

Australian Digital Home Loan Platform Verteva Raises US$21.4M Series A

Capital to be used for product development, business expansion and go-to-market Australian digital home loan provider Verteva has hauled in AUD 33 million (around US$21.4 million) in its Series A round, according to a statement from the company. The round was backed in entirety by New Zealand-based private investment fund Bolton Equities. Investment bank Clavell

Australian Digital Home Loan Platform Verteva Raises US$21.4M Series A Read More ยป

Capital to be used for product development, business expansion and go-to-market Australian digital home loan provider Verteva has hauled in AUD 33 million (around US$21.4 million) in its Series A round, according to a statement from the company. The round was backed in entirety by New Zealand-based private investment fund Bolton Equities. Investment bank Clavell

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Validus

Singapore SME Financing Platform Validus Secures US$20M Series B+

Funds to be funneled toward 2020 Thailand expansion plans Validus, a Singapore-based financing platform for small and medium enterprises (SMEs), has secured a total of $20 million in capital commitments in its ongoing Series B+ round (with $14 million raised successfully), the startup announced in a statement today. Vertex’s affiliate venture capital fund Vertex Growth

Singapore SME Financing Platform Validus Secures US$20M Series B+ Read More ยป

Funds to be funneled toward 2020 Thailand expansion plans Validus, a Singapore-based financing platform for small and medium enterprises (SMEs), has secured a total of $20 million in capital commitments in its ongoing Series B+ round (with $14 million raised successfully), the startup announced in a statement today. Vertex’s affiliate venture capital fund Vertex Growth

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CXA

Singapore-based Wellness Platform CXA Rakes In Fresh Funding

Existing backers HSBC and Humanica inject fresh capital into CXA Singapore-based employee health ecosystem platform CXA Group has raised an undisclosed amount of funding from Thailand-based human resources (HR) solutions provider and existing backer Humanica, and HSBC Life (International) Limited, a subsidiary of global banking and financial services provider HSBC Holdings, CXA announced in a

Singapore-based Wellness Platform CXA Rakes In Fresh Funding Read More ยป

Existing backers HSBC and Humanica inject fresh capital into CXA Singapore-based employee health ecosystem platform CXA Group has raised an undisclosed amount of funding from Thailand-based human resources (HR) solutions provider and existing backer Humanica, and HSBC Life (International) Limited, a subsidiary of global banking and financial services provider HSBC Holdings, CXA announced in a