Fintech

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IHS Markit

IHS Markit Acquires Singapore Regulatory Trade Reporting Firm Catena

Partnership builds upon several existing years of collaboration between the two firms London-headquartered data analytics solutions provider IHS Markit has acquired Catena Technologies, a Singapore-based regulatory trade reporting firm, IHS Markit announced in a statement earlier this week. The company did not disclose terms of the acquisition but said that the deal would not impact […]

IHS Markit Acquires Singapore Regulatory Trade Reporting Firm Catena Read More »

Partnership builds upon several existing years of collaboration between the two firms London-headquartered data analytics solutions provider IHS Markit has acquired Catena Technologies, a Singapore-based regulatory trade reporting firm, IHS Markit announced in a statement earlier this week. The company did not disclose terms of the acquisition but said that the deal would not impact

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Nium

Singaporean Fintech Startup Nium Closes Third Series C Funding Round

Nium to use latest funds to develop product, payment infrastructure offering, and acquisitions in Europe, India, U.K. and U.S. Singapore-based fintech startup Nium announced the close of its Series C3 funding round in a company statement on April 6. This was Nium’s third tranche of Series C funding, raised primarily to welcome onboard new investors

Singaporean Fintech Startup Nium Closes Third Series C Funding Round Read More »

Nium to use latest funds to develop product, payment infrastructure offering, and acquisitions in Europe, India, U.K. and U.S. Singapore-based fintech startup Nium announced the close of its Series C3 funding round in a company statement on April 6. This was Nium’s third tranche of Series C funding, raised primarily to welcome onboard new investors

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Singapore Based Contemi Solutions Continue Southeast Asia Expansion With New Strategic Hire

Contemi Solutions, a leading technology provider to the global wealth management, insurance, banking and financial services community, today announced the appointment of Gaurav Mehta as the Director of Sales to continue the company’s rapid growth in the Southeast Asia region, which includes Malaysia, Singapore, Indonesia, Thailand, Vietnam, and the Philippines.   Gaurav will be responsible

Singapore Based Contemi Solutions Continue Southeast Asia Expansion With New Strategic Hire Read More »

Contemi Solutions, a leading technology provider to the global wealth management, insurance, banking and financial services community, today announced the appointment of Gaurav Mehta as the Director of Sales to continue the company’s rapid growth in the Southeast Asia region, which includes Malaysia, Singapore, Indonesia, Thailand, Vietnam, and the Philippines.   Gaurav will be responsible

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digital assets

Asia a Frontrunner in Digital Assets, says HK Fintech Association Chairman

Understanding HK’s digital assets regulatory framework, challenges in crypto fundraising, and the impact of COVID-19 on the crypto industry On April 28, BrightTALK hosted ‘Digital Assets, Regulations and Opportunities in Hong Kong and Asia,’ the second-most attended webinar organized by Innovate Finance, an independent not-for-profit industry body representing the UK’s global fintech community. The webinar

Asia a Frontrunner in Digital Assets, says HK Fintech Association Chairman Read More »

Understanding HK’s digital assets regulatory framework, challenges in crypto fundraising, and the impact of COVID-19 on the crypto industry On April 28, BrightTALK hosted ‘Digital Assets, Regulations and Opportunities in Hong Kong and Asia,’ the second-most attended webinar organized by Innovate Finance, an independent not-for-profit industry body representing the UK’s global fintech community. The webinar

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Tencent

Asian Digital Tech Startups Join Tencent Portfolio

China’s Internet behemoth Tencent invests in Australian and Indian digital tech startups Chinese Internet conglomerate Tencent Holdings, based out of China’s emerging financial capital Shenzhen, has picked up a 5% stake in Australian ‘shop now, pay later’ fintech startup Afterpay Limited for around US$300 million (AU$390 million), according to several reports. Afterpay stock jumped by

Asian Digital Tech Startups Join Tencent Portfolio Read More »

China’s Internet behemoth Tencent invests in Australian and Indian digital tech startups Chinese Internet conglomerate Tencent Holdings, based out of China’s emerging financial capital Shenzhen, has picked up a 5% stake in Australian ‘shop now, pay later’ fintech startup Afterpay Limited for around US$300 million (AU$390 million), according to several reports. Afterpay stock jumped by

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Singapore-based Finaxar Strengthens Leadership Team with Three Key Appointments

Singapore-based Finaxar today announced that it has made several key senior appointments, strengthening its leadership team as it eyes regional growth. Finaxar provides its award-winning Lending-as-a-Service™ to financial institutions, Business-to-Business (B2B) and Business-to-Consumer (B2C) platforms using data-driven methods to provide fast, tailored financing solutions for Small and Medium Enterprises (SMEs). Rakesh Bhatia brings almost 30

Singapore-based Finaxar Strengthens Leadership Team with Three Key Appointments Read More »

Singapore-based Finaxar today announced that it has made several key senior appointments, strengthening its leadership team as it eyes regional growth. Finaxar provides its award-winning Lending-as-a-Service™ to financial institutions, Business-to-Business (B2B) and Business-to-Consumer (B2C) platforms using data-driven methods to provide fast, tailored financing solutions for Small and Medium Enterprises (SMEs). Rakesh Bhatia brings almost 30

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cross-border commerce

Transforming Cross-Border Commerce

By Benjamin Wong How cross-border commerce will change in light of the COVID-19-related economic downturn COVID-19 is the major catalyst for change–be it work, consumer behavior, and business strategies, fuelling growth in cross-border commerce. We have first to understand that the future of work will change. Governments, corporates and SMEs will have to look at

Transforming Cross-Border Commerce Read More »

By Benjamin Wong How cross-border commerce will change in light of the COVID-19-related economic downturn COVID-19 is the major catalyst for change–be it work, consumer behavior, and business strategies, fuelling growth in cross-border commerce. We have first to understand that the future of work will change. Governments, corporates and SMEs will have to look at

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Oriente

Hong Kong Fintech Startup Oriente Raises US$50M in Ongoing Series B

The startup claims to have experienced a 700% year-on-year (YoY) growth in transactions, and served more than 4 million new users in 2019 Hong Kong-based fintech startup Oriente has raised fresh funds of approximately US$50 million in its ongoing Series B funding round, the company announced in a press report today. The round was led

Hong Kong Fintech Startup Oriente Raises US$50M in Ongoing Series B Read More »

The startup claims to have experienced a 700% year-on-year (YoY) growth in transactions, and served more than 4 million new users in 2019 Hong Kong-based fintech startup Oriente has raised fresh funds of approximately US$50 million in its ongoing Series B funding round, the company announced in a press report today. The round was led

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digital banking

Cracking the Code to Digital Banking Success

By Arvind Swami   “We live in a time of great change. Thanks to technology, the rate of change around us continues to accelerate,” said Jim Whitehurst, president of IBM. Although today’s banking landscape in Asia-Pacific is proving slow to change, the springboards that could redefine banking are quickly emerging.   One such springboard is

Cracking the Code to Digital Banking Success Read More »

By Arvind Swami   “We live in a time of great change. Thanks to technology, the rate of change around us continues to accelerate,” said Jim Whitehurst, president of IBM. Although today’s banking landscape in Asia-Pacific is proving slow to change, the springboards that could redefine banking are quickly emerging.   One such springboard is

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Fintech Startup NIUM Partners With Geoswift To Power Cross-Border Remittance Into China

Fintech Startup NIUM Partners With Geoswift To Power Cross-Border Remittance Into China

The partnership allows users to credit money to receivers’ UnionPay card accounts in China in real-time Global fintech platform NIUM has partnered with Geoswift, an innovative payment technology company, to enable its overseas customers to remit money into China, according to a company statement released on Tuesday. The tie up allows NIUM’s worldwide customers to send funds directly

Fintech Startup NIUM Partners With Geoswift To Power Cross-Border Remittance Into China Read More »

The partnership allows users to credit money to receivers’ UnionPay card accounts in China in real-time Global fintech platform NIUM has partnered with Geoswift, an innovative payment technology company, to enable its overseas customers to remit money into China, according to a company statement released on Tuesday. The tie up allows NIUM’s worldwide customers to send funds directly

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digital banking

FOMO Pay-OCBC Partnership Latest in Singapore’s Push for Digital Banking

QR code payment collection is set to take off in Singapore through new partnership Singapore-based fintech startup FOMO Pay, which provides digital payments and banking solutions, announced in a statement today that it has partnered with OCBC Bank (Malaysia) Berhad to develop the bank’s mobile app OneCollect as its first merchant cross-border Quick Response (QR)

FOMO Pay-OCBC Partnership Latest in Singapore’s Push for Digital Banking Read More »

QR code payment collection is set to take off in Singapore through new partnership Singapore-based fintech startup FOMO Pay, which provides digital payments and banking solutions, announced in a statement today that it has partnered with OCBC Bank (Malaysia) Berhad to develop the bank’s mobile app OneCollect as its first merchant cross-border Quick Response (QR)

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singapore blockchain

Singapore Blockchain Associations Merge for Better Collaboration

The association is a merger between two Singapore-based blockchain associations. Singapore Blockchain Association (SBA) and Blockchain, Enterprise and Scalable Technologies (BEST) have merged to form the Blockchain Association Singapore (BAS), whose launch was announced in a statement earlier this week. As a platform for members to discuss blockchain solutions and best practices, BAS will foster

Singapore Blockchain Associations Merge for Better Collaboration Read More »

The association is a merger between two Singapore-based blockchain associations. Singapore Blockchain Association (SBA) and Blockchain, Enterprise and Scalable Technologies (BEST) have merged to form the Blockchain Association Singapore (BAS), whose launch was announced in a statement earlier this week. As a platform for members to discuss blockchain solutions and best practices, BAS will foster

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Indian Fintech Startup Setu Raises US$15M In Series A Funding

Indian Fintech Startup Setu Raises US$15M In Series A Funding

The latest funds will be used to roll out new products, strengthen the team and improve the startup’s technology infrastructure Bengaluru, India-based fintech Application Programming Interface (API) infrastructure startup Setu has raised US$15 million in a Series A funding round led by Falcon Edge Capital and Lightspeed Venture Partners US, according to a statement by

Indian Fintech Startup Setu Raises US$15M In Series A Funding Read More »

The latest funds will be used to roll out new products, strengthen the team and improve the startup’s technology infrastructure Bengaluru, India-based fintech Application Programming Interface (API) infrastructure startup Setu has raised US$15 million in a Series A funding round led by Falcon Edge Capital and Lightspeed Venture Partners US, according to a statement by

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koinworks

P2P Fintech Platform KoinWorks Closes US$20M Fundraise

The funding comprises fresh debt, and equity from existing investors Fintech lending platform KoinWorks, based in Indonesia, announced that it has raised funds to the tune of US$20 million through a statement on its company blog. The funding consists of fresh debt from Dutch bank Triodos, and equity from existing investors: venture capital firms Quona

P2P Fintech Platform KoinWorks Closes US$20M Fundraise Read More »

The funding comprises fresh debt, and equity from existing investors Fintech lending platform KoinWorks, based in Indonesia, announced that it has raised funds to the tune of US$20 million through a statement on its company blog. The funding consists of fresh debt from Dutch bank Triodos, and equity from existing investors: venture capital firms Quona

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Global FinTech Provider Hires New Managing Director in Asia

Contemi Gets a New Managing Director in Vietnam to Lead Asia Development centre   9th April 2020: Contemi Solutions, the global technology provider to the insurance, wealth management, banking and financial services industry, is pleased to announce the appointment of Pinky Bui as Managing Director (MD) to further bolster its Southeast Asia InsurTech business.  

Global FinTech Provider Hires New Managing Director in Asia Read More »

Contemi Gets a New Managing Director in Vietnam to Lead Asia Development centre   9th April 2020: Contemi Solutions, the global technology provider to the insurance, wealth management, banking and financial services industry, is pleased to announce the appointment of Pinky Bui as Managing Director (MD) to further bolster its Southeast Asia InsurTech business.  

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Fintech Startup Neat Hauls In US$11M Series A

Fintech Startup Neat Hauls In US$11M Series A

The funds will be worked into expansion plans as improved support for existing customers Fintech company Neat raised $11 million in a Series A led by Asia-based private investment group Pacific Century Group, the company announced in a statement on Wednesday. The round saw also saw participation from Visa, MassMutual Ventures Southeast Asia, and Neat’s

Fintech Startup Neat Hauls In US$11M Series A Read More »

The funds will be worked into expansion plans as improved support for existing customers Fintech company Neat raised $11 million in a Series A led by Asia-based private investment group Pacific Century Group, the company announced in a statement on Wednesday. The round saw also saw participation from Visa, MassMutual Ventures Southeast Asia, and Neat’s