Posts From Fintechnews Singapore

Accuity: Four Digital Payment Trends in 2021 for Banks and Payment Service Providers

We are experiencing more change in the payments space than we have over the past thirty years. This is an exciting time to be involved in payments. As we begin 2021, Accuity’s payments specialists look ahead to identify four digital

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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 US$ 9.4 million from a consortium of US technology investors. This brings the total raised since the company launched to

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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 validate, verify and assess profiles, behaviours and intent of individuals and entities across branch, web, mobile and app, and transform

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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 joined by two state-backed investors in Japan. The new investors include the venture capital arm of Japan Investment Corporation (JIC)

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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 US$ 1 billion. Investors include Eurazeo Growth, Sprints Capital, and Wellington Management. This news comes just six months after the

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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 Now Pay Later (BNPL) solution that facilitates extended buying limits to underserved segments. Pace raised a seven-figure seed round co-led

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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 transformations. According to Tracxn, a startups and private companies tracking platform, there are 218 blockchain startups in India as of

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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 in 2013, Moneythor provides financial institutions and fintech firms with solutions to enhance their digital banking services. Navis was advised

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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 led by Tinder founder Justin Mateen. Other investors joining the round were Soma Capital, CP Ventures, Y Combinator, VentureSouq, the

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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 as its Chief Operating Officer for EMEA and APAC. The appointment will come into effect on March 1st, 2021. Based

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