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Travelstop Targets Fintech SMEs with Business Travel Management Platform
Co-founded by former Expedia employees, Singapore-based Travelstop is a modern, artificial intelligence (AI) powered SaaS platform that simplifies business travel, automates expense reporting for businesses in Asia, and offers insights to business owners. The platform is quickly gaining traction from
Read MoreGrab Launches “Buy Now Pay Later” and an Online Store Checkout Plugin
During Money 20/20 today, Grab made a few announcements along the fintech vertical, focusing particularly on areas that have historically proven to show high potential in the SEA region. Two of those efforts, like SME micro-loans and insurtech is already known
Read MoreStandard Chartered Just Launched a Fintech Bridge and it’s Exactly What it Sounds Like
SC Ventures, the investment arm of Standard Chartered Bank, has created a platform to connect community builders such as startups, investors and accelerators. The SC Ventures Fintech Bridge connects and matches partners from the fintech ecosystem to Standard Chartered’s internal
Read MoreThailand’s First ICO Portal Awaits Approval From Govt. Agencies
Thailand’s securities watchdog has approved the first initial coin offering (ICO) portal and is reportedly seeking to issue application norms for securities token offerings (STO) soon. Thailand is finalizing its “first authorized ICO portal” and now needs final approval from
Read MoreInstaReM Closes Series C Round, Bringing its Total Funding to US$ 59 Million
Singapore-based InstaReM, a digital cross-border payments company, announced the close of a US$41 million Series C funding round. The company pulled in an additional US$20 million round led by Singapore-based Vertex Growth Fund (VGF), supported by first-time investor Atinum Investment,
Read MoreIBM Gears up to Challenge Ripple and SWIFT With Its Blockchain Payments
IBM World Wire is the Big Blue’s foray into real-time global payments network for financial institutions using blockhain — a space where fierce competition is happening between SWIFT and Ripple. IBM claims that World Wire is the first blockchain network
Read MoreFintech Set to Enter a New Phase in the Philippines
Strong fundamentals, a supportive regulator and a comprehensive cell phone coverage, are some of favorable attributes of the Philippine market set to drive the digital transformation of the country’s financial sector, according to a report released earlier this month by
Read MoreNew Research Argues That ICOs Aren’t as Scammy as Implied. Here’s the Problem, Though.
In a presentation shared with the attendees of the International Scientific Conference (#ISC2019) organized by The British Blockchain Association in London, researchers Daniel Liebau and Patrick Schueffel revealed a summary of their academic working paper entitled “Crypto-Currencies and ICOs: Are
Read MoreSaphron Raises SGD 1.35 M to Tackle Financial Inclusion in the Philippines
Manila-based insurtech startup Saphron has raised SGD1.35 million seed fund coming from fintech-focused VC fund Sage, and Talino Labs, a venture lab that supports companies engaged in digital transformation. Founded recently by solutions architect Francisco “Kiko” Reyes Jr, Saphron plans
Read MoreInsurtech Startup CXA Raises US$ 25 Million — Eyes Expansion in Asia-Pacific
CXA Group, a one-stop, predictive and data intelligence platform for better health, wealth and wellness choices, announced today that it has raised US$25 million in its latest round of funding. CXA’s new group of strategic investors include HSBC, Singtel Innov8,
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