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Trade Finance

Tradeteq Secures Over US$ 9 Million in Series A Funding Round

Tradeteq, a technology provider for bank asset distribution, has announced the successful completion of its Series A funding round, securing

Big Data

GBG Sets up Intelligence Center to Help Financial Institutions to Combat Fraud

Identity data intelligence specialist GBG has announced the launch of its GBG Intelligence Center. The center is intended organisations better

Blockchain/Bitcoin Funding

Digital Securities Platform iSTOX Bags US$50 Million From Japanese State-Backed Investors

Digital securities platform iSTOX announced that it had closed its Series A funding round with a total of US$50 million

Funding Payments

Payments Specialist PPRO Achieves Unicorn Status With US$180 Million New Funding

PPRO, a London-based payments infrastructure provider, announced over US$ 180 million in new investment which pushed its valuation to over

Payments

Former WeWork Regional MD Launches Buy Now, Pay Later Solution With 7-Figure Funding

Entrepreneur Turochas “T” Fuad who had previously founded Spacemob and Travelmob, has launched his latest venture Pace Enterprise, a Buy

Blockchain/Bitcoin India

India’s Top 30 Blockchain Influencers

Over the last several years, blockchain has been gaining traction in India especially with the financial institutions undergoing massive digital

Funding Wealthtech

Moneythor Nets Undisclosed Amount of Investment From Navis Capital Partners

Asia-based private equity firm Navis Capital Partners has made an investment in Singaporean fintech startup Moneythor for an undisclosed amount. Founded

Funding

Volopay Raises US$2.1 Million Ahead of APAC and Australia Expansion Plans

Volopay, Singaporean AI-based real-time expense management software, has raised US$2.1 million during its seed round funding. The investment round was

Various

Trading Platform MarketAxess Appoints Raj Paranandi as COO for EMEA and APAC

MarketAxess Holdings Inc., New York-headquartered operator of an electronic trading platform for fixed-income securities, announced the appointment of Raj Paranandi

E-commerce Lending

Competition Heats up in Southeast Asia’s Buy Now Pay Later Market

In Southeast Asia, buy now pay later (BNPL) is becoming an increasingly popular way for shoppers to pay for purchases

Various

Broadridge Names BNY Mellon’s Former Exec as APAC COO

Broadridge Financial Solutions, a US-based technology solutions provider, announced the appointment of David Ingleson as Chief Operating Officer (COO) for

Various

MAS Revises Tech Risk Guidelines Amidst Heightened Cyber Attack Threats

The Monetary Authority of Singapore (MAS) has issued a revised Technology Risk Management guidelines in light of the recent spate

Covid19 Payments

Singaporeans Encouraged to Hand Out E-Hong Baos for Lunar New Year

The Monetary Authority of Singapore (MAS) is encouraging Singaporeans to use e-hong baos, monetary gifts given in envelopes, during the

Studies

Singapore Fintech Report 2021: Blockchain Dominates Singapore’s Fintech Scene

Singapore’s fintech industry continued its momentum in 2020 on the back of new regulations, fintech initiatives from regulators themselves and

Indonesia

Investors Bullish on Indonesia’s Fintech Sector

Fintech continued to lead Indonesia’s startup funding landscape in 2020, making up for most of the money raised that year,

Indonesia Virtual Banking

Standard Chartered Partners Bukalapak to Launch Digital Banking Offerings

Standard Chartered has formed a strategic partnership with Bukalapak to launch digital banking offerings which will be hosted on the

Funding Vietnam

MoMo Eyes Super App Status With the Close of US$100 Million Funding Round

Vietnamese e-wallet MoMo announced that it had raised US$100 million during its Series D funding round co-led by Goodwater, a

Funding

Grab’s Fintech Arm Secures Over US$300 Million in Series A Funding Round

Grab Financial Group (GFG), the fintech arm of Grab, announced that it has raised over US$300 million in its Series

Funding Mobile Payment

Rapyd Bags $300 Million in Series D Funding Round

Rapyd, a Fintech-as-a-Service company, announced a $300 million Series D financing round led by Coatue, a global technology-focused investment manager.

Funding Indonesia

Indonesian Fintech BukuKas Raises US$ 10M in Sequoia Capital India Led Round

BukuKas, a digital platform and app for digitising SMEs in Indonesia, has raised USD 10 million during its Series A

Payments

Mastercard Pilots Cloud Payment Acceptance Solution on Smartphones

Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with

Covid19 Innovation Sponsored Post

Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19

A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded

Mobile Payments

QR Code Payment Users to Reach 2.2 Billion Globally by 2025

A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2

Blockchain/Bitcoin

Digital Securities Firm Propine Graduates From MAS’ Fintech Sandbox

Propine, a Singapore-based end-to-end securities services firm catering for digital securities services to institutional clients, has become the first independent