Archive
Lala World Raises Us$ 2 Million To Empower Migrant Workers Across The World
Singapore based blockchain financial product ecosystem LALA World has raised US$ 2 million in series A funding to help empower migrant workers and their families. Founded in April 2016, LALA World’s vision is to empower the underbanked and under-served to
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DBS To Proactively Re-Skill 1,500 Employees To Equip Them With New Skills And Competencies To Be Future-Ready
In an all-out effort to help its employees obtain the necessary knowledge and competencies to sharpen their competitiveness and deepen their skillset, DBS Bank today announced that it will proactively re-skill 1,500 employees in the next 18 months. These employees
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Singapore’s Roadmap For A Leading Global Financial Centre In Asia
The Monetary Authority of Singapore (MAS) released the industry transformation map (ITM) for financial services, which outlined growth strategies by business lines, programmes for upgrading skills, and an agenda for continuous innovation and technology adoption. 2 Speaking at the launch
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Asiacollect Launches CMS Advisory Services, Expands To Indonesia And Philippines
AsiaCollect, a professional Credit Management Services (“CMS”), launched CMS Advisory Services. CMS Advisory Services target consumer loan originators, and support them in bringing the performance of their CMS operations to a new level of operational quality, in terms of collection efficiency,
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SoCash Raises Series A From Vertex Ventures
Singapore-based FinTech start-up soCash announced today that it has received a Series A investment. They get this form Vertex Ventures, the global venture capital group whose other notable investments include ride-hailing unicorn Grab, luxury fashion e- Commerce platform Reebonz and
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Bank Negara Malaysia Approves 3 More Participants for Fintech Sandbox
Bank Negara Malaysia has approved 3 more participants to its Fintech Sandbox. This news follows their official announcement earlier in May for the first batch of approved participants of the Bank Negara Malaysia Fintech Sandbox which includes GoBear Ltd, GetCover
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Malaysia’s Fintech Sandbox Partcipant MoneyMatch Launches Transfer Portal
MoneyMatch Sdn Bhd, a home-grown company approved by Bank Negara Malaysia, launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks. The Transfer portal allows users to conduct their
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Regarding the State Bank Statement about Vietnam to illegalize Bitcoin
A statement from Bitcoin Vietnam reacting to the recent State Bank of Vietnam press release and various media interpreting this statement potentially wrong. The State Bank of Vietnam has issued a press release reaffirming that Bitcoin is (1) not a legal currency,
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Vietnam Welcomes First Robo-Advisor Platform
Vietnamese fintech startup Finhay is targeting the country’s millennials with a new robo-advisor service that lets customers invest in top mutual funds in Vietnam starting with as little as 50,000 VND (US$2.6). Finhay provides a platform connecting mutual funds with
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WorldKoins-Air Asia Partnership: Aims To Get Rid of Leftover Foreign Currency
WorldKoins is a mobile app operated by Appykoins Sdn. Bhd, which allows leftover currency to be converted to eGift cards and vouchers, which can be used to shop online from mobile phones. WorldKoins is working in collaboration with AirAsia to
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