Archive
Indonesian Insurtech Rey Assurance Secures US$4.2 Million Seed Funding
Indonesian insurtech Rey Assurance announced that it has secured US$4.2 million in seed funding to advance its digital health products and technology platform. The funding round was joined by Trans-Pacific Technology Fund (TPTF), Genesia Ventures, and RDS. Rey said that it
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Useful Life Hacks – How To Improve Your Credit Score Fast?
Your credit score is one of the most important numbers in your life. It can determine whether you can get a loan, how much you’ll have to pay for that loan, and even whether you can get a job. A
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Demand for Sustainable Finance on the Rise in APAC
Across Asia-Pacific (APAC), sustainable finance services are growing in popularity among consumers. But despite rising demand for greener and more sustainable products, skepticism remains over how strongly banks are committed to their sustainability agenda. This is according to a new
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The Future of Forex Trading Could Be Decentralized Forex
The future of forex trading could be decentralized forex. Using a blockchain or another decentralized mechanism, one would be able to purchase stable coins and cryptocurrencies that provide access to less volatile products like the dollar or the Euro. There
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Banks Are Increasingly Embracing Crypto As It Moves into the Mainstream
The past year has seen cryptocurrency adoption and trading surge. Total transaction reached US$15.8 trillion in 2021, up 567% from 2020, and the number of crypto holders has increased to an estimated 300 million, indicating that digital currencies steadily moving
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A Look at India’s Grand Vision to be a Global Payments Powerhouse
In June, The Reserve Bank of India (RBI) released its Payments Vision 2025, a document that outlines the central bank’s ambitions for the domestic payment ecosystem for the next three years, sharing aspirations for cross-border payment linkage, the development of
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Mambu Partners With Visa to Revamp Card Payment Experiences
Cloud banking platform Mambu announced a global partnership with Visa to utilise Visa DPS – one of the largest processors of Visa debit transactions globally. The partnership will give Mambu customers a seamless connection to Visa DPS for end-to-end card
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Australia’s First Islamic Bank Secures License, Beta Testing Begins in 2023
Australia’s first-ever Islamic bank has just been licensed and will begin beta testing with a small number of customers in 2023. The Islamic Bank Australia will be the first Australian bank to offer a full suite of retail and business
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Sleek Scores Major Payment Institution License From MAS
Sleek, a platform providing incorporation and accounting services for SMEs and entrepreneurs, has secured a Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS), effective from 1 July 2022. According to Sleek, it is the first fintech
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Nexo Intends to Fully Acquire Embattled Vauld
Nexo, a Zug-based digital assets institution, announced that it intends to fully acquire Singapore-based crypto platform Vauld. According to Nexo, it has signed an indicative term sheet that grants its a 60-day exclusive exploratory period to complete the due diligence
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