Tag "startup"

Philippine Based Crypto Startup PDAX Receives Funding Boost from BitMEX

Philippines Digital Asset Exchange (PDAX), a locally based cryptocurrency exchange platform recently received an undisclosed sum of funding from BitMEX Ventures. This news follows a recent investment by Consensys into PDAX. According to BitMEX co-founder and CEO Arthur Hayes, they

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Philippines’ Cryptocurrency Enabled Wallet Can Now Accept Western Union Transfers

Blockchain-based financial services company Coins.ph and  Western Union have teamed up to allow the fintech startup’s five million customers receive international and domestic money transfers directly into their mobile wallets in the Philippines. The collaboration was announced following news of

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Philippines: New VC Fund Gobi-Core Debuts Investments in Healthtech Startup MariaHealth

A recently-launched venture capital fund by Philippine-based VC company Core Capital and Malaysia-based VC Gobi Partners made its first two investments in a healthtech startup MariaHealth and an edutech firm called Edukasyon.ph. The VC fund Gobi-Core Philippine Fund (PH Fund)

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Philippines: 4 Fintech, Blockchain Events for November 2018 to January 2019

Here are selected Fintech and Blockchain Events in the Philippines for November to December 2018. If an important event is missing, send us an Email or comment on this post. AGSB Month: Finance Game Changers November 17, 2018 Ateneo Professional

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Acudeen Completes $35M Digital Token Sale

Philippine fintech startup Acudeen Technologies Inc announced a sold out of its digital coin offering the ACU Token on Sunday, June 10, raising up to $35 million. Held in Singapore, Acudeen’s token sale was a global one and is designed

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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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Funding Societies Launches​ F​S Bolt – Claims to Be Fastest Working Capital Loan Provider in Singapore

Funding Societies, Singapore’s digital lending startup, has announced the launch of FS Bolt – a mobile application to provide flexible working capital loans for local SMEs. With minimal document submission and an application process that takes merely two minutes to

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Singapore-Based Startup Raises Seed Funding from 500 Startups and Entering MAS FinTech Regulatory Sandbox

A Singapore digital insurance app that helps consumers organise all their insurance products in one place just raised money from 500 Startups and  received approval from MAS to enter a regulatory sandbox. The startup will be testing their solution over a

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Collaboration is Key to Strong Cyber Security Framework in Australia

Experts who attended the inaugural National Fintech Cyber Security Summit share the view that collaboration between Australian authorities and the private sector would build a strong information protection industry locally. With cyber threats growing more damaging and more sophisticated, it is

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The “Hen and Egg” Issue With all Online-Lending Startups in Asia

Online-lending service for students SoFi (Social Finance Inc.) is close to raising about $500 million in a funding round expected to be led by private equity firm SilverLake Partners to bolster the expansion of its online-lending businesses and personal financial

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