Archive
Abu Dhabi Fund Leads GoTo Group’s Pre-IPO Fundraise With US$400 Million
Indonesia’s GoTo Group announced that a subsidiary of the Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund owned by the Emirate of Abu Dhabi, will lead its pre-IPO fundraising with a US$400 million investment. The investment will be the
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additiv Appoints Orange’s Former Director to Lead Asia Pacific Division
additiv, a SaaS and embedded finance provider to the wealth management industry, announced that it has appointed Pieter Zylstra as the General Manager of its Asia Pacific (APAC) division effective from 22nd November. Having accumulated over 25 years of experience
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MAS’ Elevandi Appoints Diverse Board of Directors to Drive Singapore Fintech Festival
Elevandi, a new Company Limited by Guarantee (GLC) created by the Monetary Authority of Singapore (MAS) to manage the Singapore Fintech Festival (SFF), has appointed an international board of directors to oversee its work. Sopnendu Mohanty, MAS’ Chief Fintech Officer,
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Mambu Replaces Vietnamese Digibank Cake’s Core Banking Platform in Under 3 Months
SaaS cloud banking platform Mambu has worked with Vietnamese digital bank Cake, a collaboration between Be Group and VPBank, to replace its core banking technology in just 74 days. The core replacement project will enable Cake to rapidly launch flexible
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Ripple Deepens Partnership With Tranglo Following 40% Stake Acquisition
Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, announced new milestones in its partnership with cross-border payment firm Tranglo’s Singapore arm. This follows Ripple’s intent to acquire a 40% stake in Tranglo to scale the footprint
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Grab Financial Group Launches E-Commerce Webstore Builder to Empower SMEs
Grab Financial Group (GFG) has launched GrabMerchant Commerce, a webstore builder platform to boost sales and reduce operational work as well as payment risks for small and medium enterprises (SMEs). The introduction of the webstore builder platform is a part
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Wiserfunding, CrediLinq.Ai Partner for SME Credit Underwriting in Southeast Asia
London-based Wiserfunding, a provider of credit risk assessment for SME lenders, announced a strategic partnership with CrediLinq.Ai, a Singapore-based fully integrated AI credit platform, for SME credit underwriting in Southeast Asia. This partnership provides automated, fast and critical credit risk
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Hg Exchange Brings KILDE on Board as Its Fourth Member Firm
KILDE, a Singaporean alternative investment platform licensed by the Monetary Authority of Singapore will join Hg Exchange (HGX) as its fourth member firm. HGX is a member-driven exchange to support the issuance and trading of private company shares, including security
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KASIKORNBANK’s Tech Arm Launches DeFi Incubator, NFT Marketplace
KASIKORN Business-Technology Group (KBTG), KASIKORNBANK’s technology arm, has launched a venture builder and incubator for decentralised finance (DeFi) startups dubbed as KASIKORN X (KX). KX’s business operations will be independent of KASIKORNBANK and KBTG. The entity has previously spun off
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Coinhako Launches Crypto Trading Platform for Institutions, High Net Worth Individuals
Singapore-headquartered cryptocurrency trading platform Coinhako, has launched a digital assets platform for High Net Worth Individuals (HNWIs) and institutions dubbed as ‘Coinhako Privé’. Privé members will need to qualify as accredited investors and have a minimum of SGD 300,000 in
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