Archive
Gemini Exchange Goes Global with Expansion Plans in India
Cryptocurrency exchange Gemini announced plans to open a new engineering center in Gurgaon, India, and hire local talent for its expanding regional business teams. Gemini’s Gurgaon office is set to become its second-largest engineering hub globally, next to the United
Read More
Cambodia’s Finance Ministry, ABA Bank Partner on Fintech and Digital Economy Development
The Cambodian Ministry of Economy and Finance (MEF) and Advanced Bank of Asia Ltd (ABA) Bank have entered into a Memorandum of Understanding (MoU) to advance digital economy and fintech initiatives in the country. Signed by Dr. Kong Marry, MEF
Read More
Stripe Expands Financial Suite to Boost APAC Businesses
Stripe, a payment services provider, has expanded its revenue and finance automation suite to Asia Pacific. The suite aims to streamline cash flow management for businesses by integrating billing, tax, reporting, and data services into one modern stack, eliminating the
Read More
Fenergo Makes New C-Suite Hires to Fuel Global Expansion Plans
Regtech firm Fenergo has made three new appointments for its C-suite; Chris Zingo as Chief Revenue Officer (CRO), Conor Clinch as Chief Financial Officer (CFO), and Stephanie White as Chief People Officer (CPO). Fenergo is a provider of digital solutions
Read More
GXS Bank Launches Flexible, Instant Personal Loans From S$200
Grab and Singtel’s GXS Bank has launched its instant personal loan product available to all eligible individuals in Singapore which includes having a minimum annual income of S$20,000. Customers can apply for the GXS FlexiLoan from as low as S$200
Read More
Cambodia’s Top 7 Fintech Companies in 2023
Cambodia’s technology startup ecosystem emerged in the early 2010s and has grown remarkable ever since. In 2013, the space counted less than 50 companies but grew to as many as 300 by 2018, according to a report by the Asian
Read More
Alipay+ Integrates With SGQR to Enable QR Payments at 11,000 Hawkers
Alipay+ has partnered with Singapore’s leading payment services group, Network for Electronic Transfers (NETS), to integrate with SGQR, the world’s first unified payment QR code. The SGQR integration will make the Alipay+ suite of digital payment solutions available at approximately
Read More
Finastra: APAC Banks Lead the Global Pack In Fintech Partnership Investments
Fintech partnerships are a critical part of APAC banks’ strategies with 87% of them planning to connect with an average of four fintechs in the next 12-18 months, according to a research by Finastra, a financial services software and cloud
Read More
Schroders Trims Revolut’s Valuation by 46% Amid Fintech Sector Slowdown
Revolut, a UK-based fintech firm, faces a 46 percent reduction in the value of its stake held by Schroders Capital Global Innovation Trust, highlighting growing investor caution in the fintech sector. The company, which also operates in Singapore, has experienced
Read More
Bitcoin Poised to Reach US$100,000 by End-2024, Says StanChart Researcher
Bitcoin is likely to reach US$100,000 by the end of next year in a sign that the crypto winter might be waning, according to lead researcher at Standard Chartered, Geoff Kendrick in a note on April 24. As the bank’s
Read More