Archive
Raising US$90 Mil From a Private Round, Kakao’s Ground X Now Opens ICO to The Public
Kakao Group just raised US$90 million in a private coin offering to bolster Ground X, its blockchain development arm—and the company is already eyeing its next funding round. According to Jason Han, CEO of Kakao’s Group X, the initial funding
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Money20/20 Asia Comes Back to Singapore: What to Expect
Money20/20, a leading event series dedicated to the world of payments, fintech and the broader financial services industry, is coming back to Singapore next week for its annual Asian edition. Money20/20 Asia 2019, which will take place on March 19
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4 Blockchain Powered Phone Made for Crypto Geeks
Blockchain and cryptocurrency is gaining mainstream appeal, nothing demonstrates that more than the fact that several major smartphone manufacturers are designing their phones to be either blockchain powered or blockchain enabled. Here are 4 players attempting to embed blockchain in
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Singaporean AI for Banks Silot Closes SG$10.85 Mil With SBI Investment
Silot, an AI platform for intelligent financial decisions, recently completed its Series A Round with US$8 million (SG$10.85 million) with SBI Investment being the lead investor, followed by Sumitomo Corporation, MUFG’s subsidiary Krungsri Finnovate, and the previous investor Arbor Ventures.
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How Thailand is Leading the Charge in Blockchain and Crypto Adoption
Despite blockchain being celebrated for ushering in the next generation of the digital revolution, legal and regulatory concerns have hindered the widespread adoption of cryptocurrency and its underlying technology. While some legislators across the globe such as those in China
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ConsenSys Ventures Backs Philippine Crypto Trading Startup PDAX
Crypto-exchange platform Philippine Digital Asset Exchange (PDAX) has raised an undisclosed amount of investment made by ConsenSys Ventures, the venture capital arm of US-based blockchain software firm ConsenSys. Founded in 2017 by Nichel Gaba, Krystian Kucharzyk, and Yang Yang Zhang,
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Bain & Company Names New Asia Pacific’s Regional Managing Partner
Bain & Company, a global business and management consultancy, announced that Satish Shankar will take on the role of Regional Managing Partner for Asia Pacific (APAC), effective April 1st. A veteran in the firm for over 20 years, Satish will continue to be
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Insurance & Indonesia: What Grab’s New US$1.46 Bil Brings to The Table
Grab has been accused of being the most capitalised startup in Southeast Asia’s history, and with this recent closing of a whopping Series H we find it hard to disagree. Grab opened this round round since June last year, and at its
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Artificial Intelligence to Nearly Double the Rate of Innovation in Singapore by 2021
By 2021, Artificial Intelligence (AI) will allow the rate of innovation and employee productivity improvements in Singapore to nearly double according to business leaders in Singapore. The study from Microsoft and IDC Asia/Pacific, Future Ready Business: Assessing Asia Pacific’s Growth
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SWIFT Teams up With Singapore’s Stock Exchange to Trial Voting on the Blockchain
SWIFT announced that they will be working with Singapore Exchange (SGX) along with Deutsche Bank, DBS, HSBC and Standard Chartered Bank to work on a proof-of-concept on e-voting using blockchain. The trial will explore whether blockchain can help simplify the
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