Posts From Company Announcent

InsurTech M&As in Asia Surge in 2017, Three Times That of 2016

The total transaction volume of InsurTech M&As in Asia hit US$460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalisation, according to the fourth Quarterly InsurTech Briefing from

Read More

Global Venture Capital Investment in Fintech Industry Set Record in 2017

Global investment in fintech ventures reached another all-time high in 2017, buoyed by a surge in funding for startups in the United States, United Kingdom and India, according to Accenture analysis of data from CB Insights, a global venture-finance data and

Read More

Singapore FinTech appoints former StanChart Singapore Chief Executive as Chairman

Singapore-based FinTech start-up, Minterest announces the appointment of Mr. Lim Cheng Teck as Chairman of the Board of Directors at Minterest. Mr. Lim retired as ASEAN Vice Chairman of Standard Chartered Bank in May 2017. He was with the bank for over 28 years

Read More

Future of Blockchain in the Asia Pacific – Spotlight on Financial Services

Innovation in and around blockchain is currently concentrated in the U.S. and Europe but the application of this new technology is quickly spreading over the Asia Pacific region. Download this Cognizant report today to see how Asia is poised to

Read More

Investment Outlook for 2018 – Perspectives on E-Automotive, Robotics and Bitcoin

Investors should not only focus on the potential returns that investments offer, but on their (priced in) expectations and risks, said VP Bank Group’s Head of Investment Research, Mr Bernd Hartmann. VP Bank announced its 2018 Investment Outlook , addressing

Read More

Rakuten Announces Accelerator Program, Powered by Techstars

Rakuten, a global innovation leader headquartered in Tokyo, and Techstars, a worldwide network aimed at helping entrepreneurs succeed, announced today the launch of Rakuten Accelerator powered by Techstars. The three-month mentorship-driven Rakuten Accelerator is aimed at providing innovative startup companies

Read More

Maybank-ABSS: Collaborates to Drive Cloud Based Accounting Adoption

Maybank and ABSS targets to get 50,000 SMEs to adopt Cloud Based Accounting Software   Maybank Singapore today announced a partnership with Asian Business Software Solutions (ABSS) to empower start-ups and micro SMEs in Singapore with Financio, a new and

Read More

Wave Money Is The First Fintech Company In Myanmar To Launch An Open API Linking Merchants And Customers

Wave Money is the first fintech company in Myanmar to launch an open Application Programming Interface (API) platform with the introduction of the Wave Money Developer Portal which will enable cashless payments between merchants and customers. This is the latest

Read More

Playbasis Acquires 10 millionth Player Towards Quest to Bring Funtech to Fintech

Playbasis, a leading customer engagement and gamified rewards company, announced today that they have crossed 10 million registered players on the platform. Of these 10 million registered players, 5 million players are active monthly, and these active players collectively generate

Read More

Credit Management Services Asiacollect Raises $1 Mln From Dymon Asia Ventures

AsiaCollect, a South East Asia professional Credit Management Services closed a Pre-Series A equity funding round. The round was underwritten by Dymon Asia Ventures, the venture capital arm of Dymon Asia Capital, a Singapore-based alternative investment management firm with c. $5.2 billion of

Read More