Tag "Fintech"

Ripple Backs Philippine-Focused Remittance Firm SendFriend in $1.7M Funding

SendFriend, a Philippine-focused remittance market startup, has raised up to US$1.7 million capital in a venture round backed by blockchain giant Ripple also known as the cryptocurrency XRP. Other leading investors include the MIT Lab, Mastercard Foundation, Barclays, Techstars, Mahindra

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Philippines’ CEZA Favours Self-Regulation in New Cryptocurrency Asset Regulation

The Philippines’ “fintech city ” Cagayan Economic Zone Authority (CEZA) has crafted a new set of rules in the acquisition and trading of cryptocurrency assets in the Philippines meant to effectively regulate and protect investors. CEZA disclosed it has approved

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Bankers, Fintech Experts Gather in Vietnam to Discuss the Future of Banking

Earlier this month, bankers and fintech experts gathered in Vietnam to discuss the future of banking, the evolving payments landscape, and digitalization in the financial industry. Representatives of Deloitte, Asia Commercial Bank, Saigon Commercial Bank, Oracle, Fintechnews.sg and BankClub took

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Investors Bullish on Fintech in Southeast Asia, Especially Indonesia

Nearly 75% of limited partners (LPs), or organizations and individuals investing into funds and non-direct investment entities such as family offices, high net worth individuals and corporate venture capital entities, are bullish on fintech in Southeast Asia with Indonesia perceived

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GrabPay Wallet Expands in the Philippines

As predicted by Fintechnews the Philippines is the next stop in GrabPay’s expansion in South East Asia. Grab and Philippine-based conglomerate SM Investments Corp (SM) signed a strategic partnership in a bid to expand the GrabPay mobile wallet in the

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Top 28 Fintech and Insurtech Innovation Labs in Singapore

Singapore, which has set out to become one of the leading fintech hubs in the world, has witnessed the establishment of dozens of innovations labs in recent years as banks and foreign tech firms are looking to capitalize on the

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Philippines: 4 Fintech, Blockchain Events for November 2018 to January 2019

Here are selected Fintech and Blockchain Events in the Philippines for November to December 2018. If an important event is missing, send us an Email or comment on this post. AGSB Month: Finance Game Changers November 17, 2018 Ateneo Professional

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Cambodia Sees Growing Fintech Industry; Laos Still Lacks Behind

Cambodia’s startup ecosystem is experiencing growth, with tech investment on the rise. By Q2 2018, Cambodia had seen at least 12 tech startup funding announcements, or exactly a 140% increase from at five in the previous year, according to a

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Vietnam Welcomes New Fintech Bachelor Program

On September 26, 2018, the National Economics University in Hanoi officially held a launch ceremony for the new International Bachelor Program in Financial Technology. Attending the event were Prof. Dr. Tran Tho Dat, principal of the school, Assoc. Prof. Jenho

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PH Fintech Firm Voyager Gets $175m Investment From KKR, Tencent

Global investment firm KKR, and China-based internet services provider Tencent Holdings Ltd separately acquired a substantial minority stake worth $175 million in Philippine-based fintech company Voyager Innovations, marking the largest investment to date in a Philippine technology company. The latest

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