Archive
UOB Expands Their 15-Minute Loan Approvals for SMEs with OctoRocket
With the signing of a memorandum of understanding, UOB will enable small businesses that use OctoRocket for at least six months to apply for financing directly on the platform itself. Instead of relying on a small business’ financial statements, the UOB
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Authoritarian Regimes Turn to Cryptocurrencies to Bypass Sanctions
It’s no secret that the Americans often use sanctions and embargoes as a political tool, faced with economic disadvantages many of these countries are increasingly turning into cryptocurrencies as a way to circumvent sanctions. These countries often include authoritarian regimes like
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Can LinePay Become Japan’s WeChat Pay?
Line Corp., the Japanese mobile applications and Internet firm operating Japan’s most popular messaging app Line, has invested US$182 million into its digital payments unit Line Pay Corp, according to a filing. The move follows a challenging year 2018, which
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Rely Nets 7-Figure Funding for Enabling Online Payments in Installments
Rely just announced a seven-figure Pre-Series A funding led by Goldbell Financial Services. Additional funding comes from Octava, a family office based in Singapore among other strategic investors.The exact figure was not disclosed. Rely is a local fintech company that
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Philippine-based Blockchain Ticketing Startup Raises Capital for SEA Expansion
Singapore’s diversified group of companies Citystate Group made a seed investment in Ticket2Me, a blockchain-powered ticketing startup from the Philippines. The startup is now gearing for business expansion in Southeast Asia. Ticket2Me raised $350,000 in fresh capital and reportedly plans
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additiv Hires New Managing Director for Asia
WealthTech pioneer Bert-Jan van Essen from Privé Technologies taking lead in the region for the European digital wealth management innovator. Additiv all fired up for further growth in Asia. Zurich-based additiv, a leading provider of digital wealth management solutions, has
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P2P Lender Validus Raises Over $US 14 M in Oversubscribed Series B Funding
Validus a P2P lending platform announced today that it has successfully raised $US 14 Million in an oversubsribed series B funding round. Investment in Validus’ Series B round was led by FMO, Netherlands’ public-private development bank. FMO has over 300 investments
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Thai Insurtech Startup Raises US$ 10 M Funding, Eyes Expansion into Singapore
After successfully raising a US$ 10 Million series A led by Vertex Ventures, Thailand-based insurtech startup Sunday is eyeing expansion into Singapore, Malaysia and Indonesia. This new funding round puts Sunday among the top-funded fintech startups in Thailand Sunday is
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5 of Vietnam’s Top Funded Fintechs
Fintech development is accelerating in Vietnam with companies in the sector attracting US$117 million last year, the maximum funding in Vietnamese startups in 2018. Fintech surpassed e-commerce at US$104 million and other sectors, according to funding data by local accelerator
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Revolut Wants to Hire More Singaporeans Because of Brexit
Against the backdrop of a looming Brexit on March 29th and the need for Revolut to ramp its hiring activities, its founder Nik Storonsky has voiced its concerns over the British government’s lack of progress on the fast tracking of
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