Archive
Siam Commercial Bank’s VC Arm Grabs 2nd Spot in Global Fintech Investor Ranking
SCB 10X, the venture arm of Siam Commercial Bank (SCB), was ranked second in Global Corporate Venture Capital (CVC) investing in fintech startups and eighth among global CVCs in a report published by CB Insights, a global analytics platform for
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Hydra X Graduates MAS’ Sandbox, Secures Capital Markets Services License
Singaporean fintech Hydra X announced that it has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). The CMS license will allow Hydra X to deal in and provide custodial services for capital market
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AirAsia Rolls Out Financial Marketplace “Airasia Money” in Indonesia
AirAsia announced that it has rolled out a marketplace for financial products called ” airasia money” in Indonesia. Integrated within the AirAsia superapp, airasia money is a marketplace for financial products that offers a wide range of affordable financial offerings
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Bank Rakyat Indonesia Partners Modal Rakyat to Bolster P2P Lending
Bank Rakyat Indonesia (BRI) has formed a partnership with Modal Rakyat, a fintech startup company that has grown incredibly fast in terms of funding value as well as numbers of lenders and debtors. As a state-owned bank that is focused
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APAC’s Traditional Banks Are Shifting to a Cloud-First Strategy to Combat Digital Banks
Growing competition from new cloud native technology players, and rising demand from customers for digital-first, intelligent services are forcing banks in Asia-Pacific (APAC) to migrate to cloud-based infrastructure and become data-driven, an extensive report by the Asian Banker says. The
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Volopay Raises US$29 Million Series A to Push APAC and MENA Expansion Plans
Volopay, a Y Combinator-backed corporate cards and payable management startup, has raised US$29 million in its Series A round through a mix of equity and debt. The investment round included participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, Accial
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DBS Rolls Out BNPL Payments for Credit Card Users With Mastercard and Pine Labs
Mastercard, DBS Bank and Pine Labs have partnered to launch ‘Mastercard Installments with Pine Labs”, enabling DBS/POSB credit cardholders to access Buy Now, Pay Later (BNPL) offers at checkout across a variety of merchants. DBS is the first regional issuer
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Here Are 9 Key Pains Points Up-And-Coming Fintechs Should Look Out For
In a fintech startup’s race to scale up, they will face challenges across many fronts, including improving product profitability, recruiting and retaining talent, managing risks as well as complying with regulations. In this article, Oracle NetSuite addresses the 9 key
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STACS Appoints New Chief Commercial Officer, Aims to Raise More Funds
STACS (Hashstacs), a blockchain-based fintech firm focused on Environmental, Social, and Governance (ESG), has appointed Sharon Yuen as its new Chief Commercial Officer to lead business development and sales efforts. Sharon will be responsible for shaping the commercial and business
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