Regtech
Indonesian Digital Trust Startup Privy Raises US$48 Million Series C
Indonesian digital signature and identity provider Privy announced that it has secured US$48 million in a Series C funding round led by global investment firm KKR. The round also witnessed participation from existing investors MDI Ventures, GGV Capital and Telkomsel
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Climate Tech Startup Offsetted Launches ESG Compliance Solution at SFF 2022
German climate tech company Offsetted has launched Offsetted Finance, an environmental, social, and governance (ESG) compliance solution for the financial industry and real sector. Offsetted Finance enables public and private businesses to understand their carbon footprint, model emission reduction plans,
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Regtank Wins the Fintech Award at Huawei’s Global Startup Competition
Regtank Technology, a provider of software-as-a-service compliance solution, was announced as the winner of the fintech category and overall 2nd runner-up at the Huawei Spark Ignite 2022 – Global Startup Competition. By utilising Huawei’s global platform and accelerator programme, the
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Indian Fintech Signzy Secures US$26 Million in Funding Round Led by Gaja Capital
India-based digital banking infrastructure enabler Signzy announced that it had raised US$26 million in a funding round led by private equity firm Gaja Capital. The round was also joined by its existing investors Vertex Ventures and Arkam Ventures. According to
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MAS and SGX Group Launch ESG Data Portal ESGenome to Streamline Sustainability Reporting
The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) jointly launched ESGenome, a digital Environmental, Social and Governance (ESG) disclosure portal. ESGenome is a Software-as-a-Service (SaaS) solution operated by World Wide Generation (WWG) that will help SGX-listed companies
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Advance Intelligence Group Acquires eKYB Firm Jewel Paymentech
Advance Intelligence Group, a Singapore-based AI-driven technology company, announced its acquisition of Jewel Paymentech which specialises in merchant due diligence, fraud and risk management solutions for the financial services and payments industry. Details of the deals was not disclosed. The
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FlexM’s Mehek Weldon Wins Innovator of The Year from International Compliance Association
Fintech is an increasingly popular industry which is evolving and changing everyday and it is because of this dynamism that the regulatory and compliance structure of fintech has gained paramount importance. FlexM, an award-winning Fintech-as-a-Service (FaaS) solutions provider through B2B
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Banks in APAC Are Increasingly Turning to Regtech to Tackle Compliance Challenges
In Asia-Pacific (APAC), an increasingly complex regulatory environment, changing customer behaviors and the shift to digital channels brought about COVID-19 have introduced new regulatory challenges to banks, forcing the industry to embrace technology to find more efficient ways to
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APAC Regulators Accelerate Fintech Regulatory Efforts Amid Rapid Digitalisation
In Asia Pacific (APAC), regulators have been redrawing the regulatory perimeter to take account of new products and services emerging as a result of fintech innovation and emerging technologies. But with COVID-19 accelerating the adoption of digital financial services, financial
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Thunes Snaps up Majority Stake in Regtech Firm Tookitaki for US$20 Million
Global cross-border payments firm Thunes announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki, by making an investment of over US$20 million. Thunes made this move in the wake of rising
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