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Fintech Investor BitRock Capital Plans to Raise New US$100 Million Fund

Singapore-based fintech investment firm BitRock Capital is currently inching towards meeting its target to close a new US$$100 million fund, according to a Bloomberg report. This would more than double BitRock’s first fund close in 2021. The new fund will

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Singapore’s Proptech Firm Ohmyhome Lists on Nasdaq

Singapore proptech firm Ohmyhome announced that it had begun trading on the Nasdaq Stock Market in New York on 21 March under the ticker symbol “OMH”. Ohmyhome is selling 3,775,000 million shares at a price of US$4.00 per share in

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Are CBDCs a Threat to Monetary Policy? Possibly, Says IMF

Central Bank Digital Currencies (CBDCs) represent a transformative development in the financial industry, as a growing number of countries rapidly progress from theoretical considerations to focused research and pilot programs. The compelling advantages of CBDCs have garnered the attention of

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Mizuho Leads Kredivo Holdings’ US$270 Million Series D Fundraise

Kredivo Holdings, the parent company of Kredivo and Krom Bank Indonesia formerly known as FinAccel, announced the close of its US$270 million Series D fundraise led by Japanese global bank Mizuho Bank. The oversubscribed round was joined by Kredivo’s existing

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Open Banking in APAC: Market-Led vs Regulator-Led Approaches

Open banking is steadily making its way into Asia-Pacific (APAC), and though the industry remains largely nascent compared with pioneers like to European Union, adoption is increasing at a stable pace, enabled by new regulatory frameworks and market-led initiatives. A

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Singapore Leads ASEAN’s Climate Fintech Revolution Amid Climate Emergency

The climate crisis is a defining challenge for Southeast Asia, a region that’s among the most vulnerable to global warming but which also significantly contribute to its cause. Against this backdrop, a new generation of fintech startups are emerging out

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Ransomware, Wiper, Botnet Attacks Are on the Rise Warns Fortinet

In 2022, cybercriminals became more methodical and innovative in their tactics, reviving old methods, introducing new advanced attack techniques, and continually coming up with more sophisticated ways to infiltrate networks, according to a new report by American cybersecurity firm Fortinet.

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KASIKORNBANK Onboarded Two Million Users to Its App Last Year

KASIKORNBANK (KBank) onboarded two million new users on its K PLUS online banking app in 2022, more than a million of them were new to the bank itself. The surging use of its digital platforms with 98% of all KBank’s

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Inypay Appoints Kawin Boonyapredee as Chief Information Security Officer

Inypay, a soon-to-be-launched Singaporean neobank, announced that it has appointed Kawin Boonyapredee as its Chief Information Security Officer (CISO). In his new role as CISO, Kawin will be responsible for overseeing the company’s information security programme and ensuring that all

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Can Fintech in Bangladesh Catch Up with its South Asian Neighbours?

In recent years, Bangladesh has seen rapid growth in its fintech sector, fueled by the widespread adoption of mobile technology. This has enabled financial services to reach millions of previously unbanked citizens, leading to a remarkable rise in financial inclusion

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