Posts From Company Announcement

Moneybank.Vn — First International Peer-To-Peer Lending Platform Taps Into Vietnamese Market

Singapore based consumer finance group Silkway Ventures has expanded its operations to Southeast Asian region by opening a subsidiary in Vietnam. The group announced that it has launched its online peer-to-peer lending platform Moneybank.vn. Over the next five years the

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Chinese Robo-Advisory Company Launches Digital Wealth Management Service in Singapore

PINTEC Group, a fintech player in China, announced the launch of PIVOT Fintech Pte. Ltd. (“PIVOT”), to offer digital wealth management technology services powered by artificial intelligence and machine learning throughout Southeast Asia from its base in Singapore. It’s the

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OCBC Bank Launches One-Stop Advisory Service For Property Purchase

If you have purchased or know someone who has purchased a residential property in Singapore, you would be familiar with this common refrain: Why do I have to go to so many sources to get everything? A one-stop service that

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IBM Completes Proof-of-Concept Blockchain-Based Shared KYC

IBM  announced the successful completion of the Phase I proof-of-concept (POC) of its Shared Corporate Know Your Customer (KYC) project with Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group (MUFG) and the Treasuries of Cargill, IBM. Through the Shared KYC POC,

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Top Blockchain investors and experts are joining Blockchain Economic Forum

Forbes says 2017 has been a breakout year for crypto with a truly mind-bending appreciation of cryptocurrencies, transaction volumes (in USD) for Bitcoin increasing 100 times from what they were at the beginning of year, and countless new projects appearing. To summarize the development of the

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Lithuania Opens its Doors to the EU Single Market for the Singapore Blockchain Industry

Following the signing of a landmark agreement for fintech innovation between the Singapore FinTech Association and Lithuanian government-backed business advisory Invest Lithuania, Lithuania has announced it aims to become a gateway for Singapore’s blockchain industry to Europe and beyond. Europe’s first international Blockchain

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AlgoMerchant Raises Over US$2M in Funding and Launches Robot Trading Platform

AlgoMerchant, Singapore’s first platform offering trading robots for retailer investors, announce the public launch of their fully automated robot trading platform. This followed after raising more than US$2M from East Ventures and a network of prominent individuals in the fund

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Bank Of Asia Uses Avaloq Banking Suite As A Service To Create Digital Bank

Bank of Asia has decided to build its digital bank using the Avaloq Banking Suite in a Software as a Service (SaaS) model. Avaloq will provide the complete digital banking solution as a service through its Singapore based service centre

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MAS Cautions Against Investments in Cryptocurrencies

The Monetary Authority of Singapore advises the public to act with extreme caution and understand the significant risks they take on if they choose to invest in cryptocurrencies. MAS is concerned that members of the public may be attracted to

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Ascend Money Announces 50,000 Agent Networks Across Southeast Asia

Ascend Money, a Southeast Asian fintech business under Thailand’s Ascend Group, has reached 50,000 agents—local franchises and networks such as convenience stores, pharmacies, street vendors, and cafes, that conduct financial services for customers—across Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the

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