Archive
Halo Investing Raises Series B Funding for Global Expansion of Structured Notes Platform
Halo Investing, the world’s first and only independent, multi-issuer technology platform for Structured Notes has recently closed a $12 million Series B financing round at an undisclosed valuation from venture capitalists including Allianz Life Ventures, part of Allianz Life Insurance
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GrabPay Users Can Now Increase Transaction Limit to $SGD 30,000 After KYC Process
Grab users will now be able to authorise the retrieval of personal data from MyInfo, a digital identity service from GovTech, to complete the verification process easily. This comes after GrabPay became a relevant stored value facility (SVF), licensed and
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15 New Philippine Fintech Startups to Watch out for in 2019
Financial technology continues to bring exciting times ahead in the Philippines with the ever-growing emergence of new fintech players that aim to cater to 69 per cent of its adult population that are still unbanked. A report released earlier this
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Singtel’s Dash to Enable In-App Taxi Booking from ComfortDelGro Soon
Singtel announced a strategic partnership with ComfortDelGro Taxi to enable in app taxi booking within Singtel’s Dash App. Through this partnership, Singtel’s Dash user will be able to procure services from ComfortDelGro’s 12,000 strong taxi fleet. According to its Head
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LINE’s Partnership with VISA Might See the Duo Introducing Crypto Payments Soon
Japanese internet giant LINE announced that its fintech unit LINE Pay has inked a partnership with VISA, which will see both parties provide financial services for their collective user bases of millions of consumer and merchants worldwide. This development seems
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Temasek and Tencent to Invest US$35 Million in TrueLayer
Tencent and Temasek is set to invest US$ 35 Million in UK-based open banking startup True Layer’s US$40 Million Series B round. This fresh round of funding brings the startup’s total funding to US$ 51.8 Million, according to Crunchbase. Temasek’s
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Visa Launches New All-In-One Payments Platform with a Consortium of Major Players
Today, a consortium of major companies have launched b.yond, a financial innovation platform that will let banks and consumer-facing businesses rapidly deploy a range of innovative fintech payment services. The consortium consists of Visa, Global Processing Services, Pannovate, Cornercard, Modulr,
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Indonesia’s Central Bank Governor Unveils 5 Key Payments Initiative
Bank Indonesia Governor, Perry Warjiyo recently unveiled “Indonesia’s Payment System 2025 Vision” a strategic framework consisting of 5 key initiatives to future proof Indonesia’s payments ecosystem for a digital future. According to a press statement issued by the central bank,
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Philippine Based Crypto Startup PDAX Receives Funding Boost from BitMEX
Philippines Digital Asset Exchange (PDAX), a locally based cryptocurrency exchange platform recently received an undisclosed sum of funding from BitMEX Ventures. This news follows a recent investment by Consensys into PDAX. According to BitMEX co-founder and CEO Arthur Hayes, they
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Philippines’ Digital Lenders Pledge to Weed Out Predatory Behaviour
Members of the FinTech Alliance.ph have agreed to adopt a code of conduct for responsible online lending. This was after 48 online lenders have been cited for alleged unethical collection practices leading to data privacy violation. Over 400 harassment complaints
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