Archive

XVC Tech Announces Strategic Investment in Tradetogether to Enhance Web3 Wealth Management

XVC Tech, has invested in TradeTogether, a leading Web3 wealth manager based in Singapore. The venture capital firm founded by the creators of the XDC Network blockchain XDC Network’s ecosystem includes RWA dApps focusing on Private Credit (TradeFinex), Trade Finance

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SC Ventures Invests in Sharia-Compliant UK Fintech Algbra

SC Ventures, the innovation and ventures unit of Standard Chartered, has made a strategic investment in Algbra, a UK-based fintech that focuses on ethical and sharia-compliant finance. The financial details of the investment have not been disclosed. Shoal, which is

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Revolut’s Youth-Focused Financial App Surpasses 2 Million Users Globally

Global neobank Revolut announced today that its youth-focused financial app designed for individuals aged 6-17, has surpassed two million users worldwide. The <18 app, part of a suite aimed at empowering the next generation with financial literacy, now counts more

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Money20/20 Asia Set to Spotlight APAC Regulators for Fintech Growth

Money20/20 Asia, set for 23-25 April at the Queen Sirikit National Convention Center in Bangkok, will prominently feature regulators from Asia’s financial sector among its speakers. This addition of Bangkok marks it as the third city to host the event,

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How Next-Gen Payment Platforms Are Leading the Shift from Legacy Systems

In the rapidly evolving financial services landscape, the journey from entrenched legacy systems to cutting-edge digital payment platforms is a technological upgrade and a fundamental transformation. This transition embodies a shift towards fostering innovation, operational excellence, and superior customer engagement.

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Silent Eight to Power AIA’s Financial Crime Compliance

Pan-Asian life and health insurer AIA has partnered with regtech firm Silent Eight, which specialises in AI-driven compliance solutions. This collaboration will involve the deployment of Silent Eight’s AI platform, Iris, to enhance AIA’s financial crime compliance screening processes across

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Revolut India Secures In-Principle Approval for Prepaid Cards and Wallets

Global neobank Revolut announced that its Indian entity has secured in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI), such as prepaid cards and wallets. This new approval complements their existing authorisation to operate

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9Basil Acquires AlteriQ Global to Fuel APAC Private Credit Growth

9Basil Group, a Bangkok-based alternative investments firm, has acquired the boutique private credit platform AlteriQ Global, marking a significant expansion into the Asia Pacific private credit market. The acquisition deal includes a US$50 million capital commitment into AlteriQ to enhance

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The Sponsors Backing Money20/20 Asia’s Inaugural Thai Edition

In the rapidly evolving landscape of fintech, industry events and conferences serve as epicenters of collaboration, insight, and networking. Among these, Money20/20 Asia stands as a premier platform, orchestrating dialogues that shape the future of finance in one of the

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11 Fintech Events to Attend in APAC in Q2 2024

In Asia-Pacific (APAC), the financial landscape is evolving rapidly amid technological advancements, changing customer expectations and the rise of fintech. This vibrant ecosystem is demanding finance and fintech professionals to stay updated with the latest trends and innovations. Against this

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