Archive
South Korea: Regulation on Crypto Exchanges Becomes “Urgent”
After several hacks for the past few months and an audit from the Korean Blockchain Association (KBA) conducted at the beginning of July, the Korean Financial Services Commission urges local legislators to intervene as soon as possible. “Exchanges are not
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FundedHere Launches FundedX, a Blockchain Powered Secondary Market for Startups
[Update] FundedX to cease operations, no authorisation to run a private exchanges/secondary market read more here Singapore-based crowdfunding platform, FundedHere, announced the launch of FundedX, a new private stock exchange to facilitate the trading of shares of high-growth startups and privately-held
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Top 10 Must-Read IoT Books (This Summer)
IOT Books Must Read: The Internet of Things (IoT), which refers to the networking of physical objects through the use of embedded sensors, actuators, and other devices that can collect or transmit information about the objects, is growing at a
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Commonwealth Bank Completes New Blockchain-Enabled Global Trade Experiment
Seventeen tonnes of almonds have successfully been shipped and tracked from Sunraysia in Victoria, Australia, to Hamburg in Germany in a blockchain-based collaboration between Commonwealth Bank and five Australian and international supply chain companies. Commonwealth Bank demonstrated a new blockchain
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Indonesian Credit Score Fintech Raised USD30 Million Series B to Expand in Southeast Asia
Jakarta based FinAccel has raised a USD30 million Series B equity investment round led by Square Peg Capital, with participation from new investors MDI Ventures and Atami Capital, and from existing investors Jungle Ventures, Openspace Ventures, GMO Venture Partners, Alpha
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Flywire Raises US$100M Led by New Investor Temasek
Flywire, a company that solves complex payment problems for leading businesses and institutions, announced US$100M (SG$136.2M) in new venture funding. The SeriesD round was led by Temasek, an investment company headquartered in Singapore, and joined by existing US-based Flywire investors
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5 Reasons Why You Should Come to the F10 FinTech Hackathon in Singapore
After writing successful hackathon stories in Switzerland where valuable partnerships have started and game-changing FinTech ideas have been born, it is time for F10 FinTech Incubator & Accelerator to further the revolution of the finance industry on an international level.
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12 Essential Fintech Tools For Expats and Travellers Heading To Singapore
There have already been think pieces about how fintech could help boost tourism by reducing cash dependence, and increasing security and ease of use. Many tourists to China, for example, seem to be awed by the prevalent use of e-wallets
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2 Fintech Startups Made it Into the Rakuten-Techstars Accelerator in Singapore
Rakuten and Techstars revealed the 10 startups selected to join the high-profile Rakuten Accelerator, powered by Techstars, in Singapore. Selected based on their ability to shape the future of “Messaging as a Platform” for new technologies, the 10 startups will undergo
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MAS Directs Financial Institutions to Tighten Customer Verification Process
The Monetary Authority of Singapore (MAS) has issued a circular to all financial institutions, directing them to tighten their customer verification processes. This follows the recent cyber attack at SingHealth where personal information of 1.5 million individuals was illegally accessed
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