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Cambodian Fintech Startup Clik Raises US$3.7 Million In Seed Funding
Clik, a Cambodian fintech startup, has completed the final close of its US$3.7 million seed round led by Openway and Poems Pte Ltd along with several global angel investors, a third of which are Cambodia-based. This round of financing, which
Read MoreHuawei Aims to Help Banks Unlock Data-Driven Intelligent Finance at Its Virtual Summit
Huawei announced that it will be hosting its APAC Financial Industry Storage Summit 2020 on the 13th August 2020. The high-level summit is targeted at keeping the C-level from banks informed on the latest trends, developments and challenges in data
Read MoreMAS, NUS and NRF Jointly Launches the Asian Institute of Digital Finance
The Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the National University of Singapore (NUS) will be jointly setting up a research institute that will develop deep capabilities to support the needs of digital financial services in
Read MoreGrab Expands Suite of Financial Product to Include Micro-Investment Platform
Grab Financial Group (GFG), the fintech arm of Grab today announced the launch of a suite of financial products. The three main products GFG is launching under their new strategy dubbed as ‘Thrive with Grab’ are a micro-investment platform named
Read MoreSingapore’s EDBI Makes Strategic Investment in Vesta to Fuel Its APAC Expansion
Vesta, a fintech firm focused on fraud protection, has secured a strategic investment from EDBI, a corporate investment arm of the Singaporean Economic Development Board. This investment, along with a strategic alignment with EDBI, will accelerate the company’s momentum and
Read MoreUOB Launches Digital Bank TMRW in Indonesia
UOB Indonesia launched TMRW, its digital bank to serve the Indonesian market as part of the group’s strategy to accelerate growth of its regional customer franchise, which follows their initial launch in Thailand in 2019. A key feature that they
Read MoreSingapore Fintech Festival to Run as a Hybrid Digital-Physical Event in 2020
The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) will expand to become the world’s first week-long round-the-clock, hybrid digital and physical event. Running from
Read MoreRCBC’s Diskartech Tops Google Play’s Free Finance Apps, Surpassing Gcash and PayMaya
DiskarTech, Rizal Commercial Banking Corporation’s (RCBC) virtual bank has claimed the top spot among free finance apps in Google Play for Android users in the first month since its launch. As for users of iOS devices, DiskarTech ranks second among
Read MoreStandard Chartered Enters Crypto Custody Business, Targets Year End Pilot Launch
Standard Chartered is the latest bank to get into the crypto custody business, unveiled earlier this month that its innovation, ventures and fintech investments unit, SC Ventures, has been working on a solution for the institutional market that would support
Read MoreMAS Proposes New Regulations Amid Emerging Risks Arising from Digital Assets
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is proposing new regulations that it would give it more power to regulate the financial services industry, notably in the fields cybersecurity and virtual assets, the regulator said on July 21.
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