Tag "Fintech"
Banks, Fintechs Gear Up for Myanmar’s Digital Revolution
As Myanmar undergoes a digital revolution, international banks and foreign investors are perceiving the country’s large pool of unbanked as a still untapped opportunity. The latest move comes from the National Bank of Canada which became a strategic shareholder in
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Singapore and France Bolster FinTech Ties with Cooperation Agreements
The Monetary Authority of Singapore (MAS) signed a cooperation agreements with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) of France to enhance FinTech cooperation between both countries. The cooperation agreement provides
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Fintech Logistic Startups Seek to Provide Greater Efficiency in Supply Chain
Supply chain and logistics tech companies are gaining momentum with over US$8.3 billion in venture capital having been injected into the sector since 2012. Supply chain and logistics tech companies are those that use software to improve efficiency across the
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German Challenger Bank SolarisBank Goes to Asia
International investor team consisting of Arvato Financial Solutions and Japanese SBI Group provide funding for Berlin-based banking platform. First year in business: Berlin-based banking platform solarisBank AG raises EUR 26.3 million in series A financing Established investors for the international
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Singapore and Japan establish FinTech Cooperation Framework
The Monetary Authority of Singapore (MAS) and the Financial Services Agency (FSA) of Japan announced the establishment of a Co-operation Framework to enhance FinTech linkages between both countries. The Framework enables MAS and FSA to refer FinTech companies in their
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Singapore and Abu Dhabi Collaborate to Foster FinTech Innovation and Cross-Border Activities
The Monetary Authority of Singapore (MAS) and Abu Dhabi Global Market (ADGM) signed a Cooperation Agreement (CA) to foster closer cooperation on developments and initiatives that nurture FinTech entrepreneurship and support innovation in financial services in both Singapore and Abu
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First Global Fintech Fund for the Underserved, $141 Million
Accion and Quona Capital announced the final close of the Accion Frontier Inclusion Fund, the world’s first global fintech fund for the underserved. The oversubscribed Fund represents $141M in commitments from an array of leading institutional investors including global insurance
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Startupbootcamp Reveals 12 FinTech Startups for Singapore Programme
Startupbootcamp FinTech, a leading accelerator focused on financial innovation, has announced the 12 international startups selected to join its Singapore programme. The finalists, which include teams from across Asia-Pacific and beyond, have been chosen by a panel of industry experts
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PayPal Incubator’s First Batch of Startups, This Are The 3 Fintech Graduates
After nine months with Paypal Incubator, the inaugural batch of Singapore 3 startups have graduated. PayPal launched its first startup incubation program in Singapore in July 2016. The nine-month program aims to develop and nurture the next generation of
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47 Japanese Banks Move Towards Commercial Phase Using Ripple
SBI Ripple Asia announced today that a consortium of 47 banks have successfully completed a pilot implementation of Ripple in Japan using a cloud-based payments platform. This platform, RC Cloud, is powered by Ripple’s solution and is the first in
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