Archive
Avatec: Next-Generation Digital Credit Assessment Solution for Indonesia
United Overseas Bank Limited (UOB) and Pintec Technology Holdings Limited (PINTEC) announced the launch of their joint venture, Avatec.ai . Avatec aims to help banks and finance companies to be more efficient and more accurate when assessing the credit quality of
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First Crypto Fund in Singapore
Swiss-Asia Financial Services announces the launch of its first crypto fund in Singapore. The Kryptos Alpha Fund is an absolute return cryptocurrency hedge fund aiming to maximize returns while minimizing drawdowns. The fund’s strategy incorporates these elements: Arbitrage trading of
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Singapore Fintech Startup Silot Raises Pre-Series A Funding from Key Investors
Silot announced its successful completion of pre-series A funding. Silot has raised 2.87 million USD from Arbor Ventures and Eight Roads Ventures. This funding follows just nine months after its initial seed funding from ZhenFund, which marked the angle investor’s first investment
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OCBC Bank is First in Singapore to enable Instant Digital Card Issuance via Banking App
OCBC Bank customers have a new, speedy way of resolving a common issue when shopping or dining: Not having the right credit card to enjoy the best discount, rebate or reward. Since last month, OCBC Bank became the first bank
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Latest Fintech Funding Deals In Singapore
In 2017, Singapore hit US$229.1 million of fintech funding, a record mainly attributed to two of Asia’s ten biggest deals taking place in the city-state in the fourth quarter. The deals are the acquisition of Paynear Solutions by e-commerce startup
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Top 5 Fintech Philippines News of the Week (CW 15)
Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also, you can subscribe to our monthly Fintech PH Newsletter here. Here we go: SEC warns investing in unregistered
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What to Expect with International Money Transfers in 2018?
A report on CNBC indicated that TransferWise generated substantial revenues for the year ending March 31, 2017, and it was targeting precisely the same performance for the year ending March 31, 2018. The chief financial officer of TransferWise, Matt Briers
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RISE is Coming to Seoul
RISE will be coming to Seoul for the first time ever! They have partnered with 500v2 the organizers of Startup Festival 2017 to bring Runway to RISE Seoul. Runway to RISE gives an opportunity to early-stage startups (those that have
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Digital Asset Management Platform Kristal.AI Raises $1.85M Seed Round of Funding
Kristal.AI, an AI-powered Digital Asset Management Platform headquartered in Singapore has announced a $1.85M seed round of funding led by IDG Ventures India, with participation from leading angel investors including Shailesh Rao (Senior Advisor -TPG, McKinsey) and Amit Gupta (Founding
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Largest Co-Living Space In Southeast Asia Launched
Singapore based co-living startup, Hmlet, is set to launch its second building in Singapore dedicated entirely to co-living. Located in the heart of District 11, Hmlet @ Sarkies, will be the largest co-living space in Southeast Asia. The project is
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