Archive
Pand.ai Bags Pre-Series A Funding From Bangkok Bank’s Corporate VC Arm
Singapore-based AI start-up Pand.ai has secured an undisclosed amount in Pre-Series A funding from Bualuang Ventures, the corporate venture capital (CVC) arm of Bangkok Bank. This new funding round comes less than 3 months after the company announced its first
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How Grab Is Breaking Into the Lending Space in Their Lead up to Be a Digital Bank
Singapore-headquartered superapp Grab has begun offering loans and credit lines to businesses in the city state. Under the GrabFinance brand, the tech company is now providing local small and medium-sized enterprises (SMEs) with quick and accessible funding. Business owners can
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Philippines Digital Bank TONIK Picks Finastra to Power Its Core Banking
Finastra announced today that TONIK, a licensed digital-only bank in Philippines, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities. According to the parties involved, the move will support TONIK as it launches its retail
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7-Eleven Eyes to Serve Singapore’s Underbanked Through Pay2Home Partnership
The underbanked in Singapore, which includes hundreds of thousands of migrant workers who remit funds as a basic necessity, are often excluded from fintech innovation, unable to access the full benefits of digital services due to a lack of digital
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Why Platformification is Key to The Next Banking Revolution
Driven by technological innovations and increased online connectivity, the world is going through a major economic revolution with the rise of the platform economy. The platform economy refers to the current transition most companies are making from being product-centric to
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Philippines’ Fintech Alliance Launches Campaign to Aid Taal Volcanic Eruption Victims
The FinTech Alliance.ph has mobilized the entire Philippine digital industry to quickly assist the victims of the recent Taal volcano eruption which is still at alert level 4 or ‘hazardous eruption’ imminent in the coming days. Ashfall reached more than
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Lightnet Raises $31.2 Million in New “Series A” Financing from Prominent Investors
Lightnet, the Bangkok-based fintech company has received A round funding of US$31.2 million in fresh capital. With this round completed, Lightnet is Asia’s first blockchain company to receive financial backing from six large conglomerates, providing access to millions of Asian
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1st Online Property Loan Platform in Philippines Launched
A financially-backed property fintech firm on Wednesday launched the first-ever online mortgage broker platform in the Philippines that makes the property loan application process easier and more efficient. The platform, Nook, will enable Filipinos to conduct entire property search, do
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Top 20 Upcoming Fintech Events in Singapore in 2020
Home to 39% of all fintechs in ASEAN, Singapore is the fintech leader in Asia Pacific (APAC) and the fourth top fintech city in the world, according to the inaugural Global Fintech Index City Rankings 2020 report. Like previous years,
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Capital Markets Platform iSTOX Secures Funding Of USD 5 Million
Next-generation capital markets platform iSTOX has secured a USD 5 million investment from Hanwha Asset Management, South Korea’s leading comprehensive asset management company. The Korean financial leader’s investment in iSTOX follows similar partnerships with Thailand’s Kiatnakin Phatra Financial Group and Japan’s Tokai Tokyo Financial Holdings. Other key shareholders of
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