April 13, 2021 @ 1:45 am By Omar Faridi  |  

Malaysia’s PayNet, the national payments network and shared central infrastructure for that nation’s capital markets, has decided to work with FassPay, a subsidiary of Soft Space, which will be a third-party acquirer for MyDebit, the country’s local debit card scheme. This new appointment should allow… Read More

April 13, 2021 @ 12:40 am By Omar Faridi  |  

DBS (SGX:D05)/POSB retail clients are now able to access a new feature offered via DBS’ AI-enhanced financial and retirement planning tool, called NAV Planner, which will aim to offer specific investment recommendations that are well-suited for different investment profiles and requirements. Evy Wee, Head of… Read More

April 12, 2021 @ 11:42 pm By Omar Faridi  |  

India-based Findeed, a consumer-focused Fintech firm, has acquired seed funding from Venture Highway and Anicut Angel Fund, along with contributions from First Cheque. The capital will be used for recruiting new talent and supporting the firm’s ongoing growth and development. Launched in July 2019 by… Read More

April 12, 2021 @ 11:37 pm By Omar Faridi  |  

RinggitPlus, a financial marketplace that’s owned by Jirnexu, has introduced RinggitPlus Advance, which is a one-to-one digital financial planning service for Malaysian residents. As noted by its management: “RinggitPlus is Malaysia’s leading financial comparison website. Everyday we help thousands of Malaysians #GetMore for their money…. Read More

April 12, 2021 @ 11:04 pm By Omar Faridi  |  

CommBank’s x15ventures has reportedly made a £1 million investment in order to acquire a significant minority stake in Payble, an Identitii bill payment subsidiary. As mentioned on its official website: “Payble™ is a better way to get paid. Improve cash collection, lower transaction costs and… Read More

April 12, 2021 @ 10:57 pm By JD Alois  |  

Accelerating Asia has announced the fourth cohort of its flagship 100-day program for pre-Series A startups. According to a release, the 11 startups have raised over S$6 million coming into the program. The 11 new portfolio companies cover ten verticals and include companies from Singapore,… Read More

April 12, 2021 @ 10:39 pm By Omar Faridi  |  

Just six months into its launch, Maybank SME Digital Financing has reportedly cleared RM1 billion (appr. $240 million) worth of financing, serving over 8,200 SMEs, of which around 85% or 6,950 are startups and micro-enterprises based in Malaysia. Maybank stated that all applications that were… Read More

April 12, 2021 @ 8:35 pm By Omar Faridi  |  

Melayna (Manning) Ingram, Director, Securities Product at Paxos, notes that regulation can “foster innovation,” and it’s simply a matter of perspective. Ingram writes in a blog post that many tech firms are established with the “general” thesis that “something is broken and new technology can… Read More

April 12, 2021 @ 5:25 pm By Omar Faridi  |  

Beginning on Saturday (April 10, 2021), digital asset exchange Coinbase will be supporting trading with 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN) and Origin Token (OGN) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase users are now able to purchase, sell, convert,… Read More

April 12, 2021 @ 4:57 pm By JD Alois  |  

The Cere token offering will launch on Republic Crypto tomorrow,  commencing at 10 AM ET, according to the crowdfunding platform. Called an “industry first’ Cere Network is hosting the Cere public sale across three unique listing platforms including DAO Maker and Polkastarter – but Republic… Read More

April 12, 2021 @ 3:23 pm By Samantha Hurst  |  

  Talon Cyber Security, an Israel-based cybersecurity solutions provider, announced on Monday it raised $26 million through its Seed funding round, which included participation from Lightspeed Venture Partners, Team8, and Zohar Zisapel. Founded earlier this year by Ofer Ben-Noon and Ohad Bobrov, Talon Cyber Security… Read More

April 12, 2021 @ 3:20 pm By JD Alois  |  

Coming off the heels of a report that some Goldman Sachs (NYSE:GS) junior bankers are fed up with extreme workloads, a new report claims that workers at Marcus, the digital banking subsidiary of Goldman, are exiting the firm due to the long workdays and intense deadlines… Read More

April 12, 2021 @ 2:29 pm By Samantha Hurst  |  

  Metro Bank announced on Monday it has launched the first set of RateSetter-powered personal loans through its banking branches. Aach of the new loan applications will be assessed and arranged by using RateSetter’s lending technology. Those who qualify for the loans may borrow between… Read More

April 12, 2021 @ 1:28 pm By Samantha Hurst  |  

Bamboo Insurance, a U.S.-based insurtech platform, announced on Monday it has partnered with global insurers’ core system Socotra to power its existing insurance offerings and new product lines. Founded in 2018, Bamboo describes itself as a newly formed insurance organization that offers flexible and transparent insurance… Read More

April 12, 2021 @ 12:52 pm By Omar Faridi  |  

Inal Kardanov, Co-founder and CTO of Billy, notes in a blog post published by the Waves Protocol developers that NFTs’ “second coming” is set to be even “more successful.” Kardanov, a software engineer focused on blockchain, AI, and machine learning, writes in a blog post… Read More

April 12, 2021 @ 12:49 pm By JD Alois  |  

Blockchain Coinvestors, a fund-of-funds and co-investment program, says their second fund (Fund II) has closed in an oversubscribed offering of $26.9 million. Demand came from institutional money, family offices as well as individual investors. Assets under management are said to now total $75 million. Matthew… Read More

April 12, 2021 @ 12:21 pm By Omar Faridi  |  

Digital asset platform CoinList has announced that beginning on April 20, 2021, eligible or qualified CoinList users will have the option to take part in the Clover (CLV) token sale (via CoinList). Clover, which is an alumni of CoinList Seed, aims to serve as a… Read More

April 12, 2021 @ 12:17 pm By JD Alois  |  

Earlier this month, Coinbase announced that its filing with the Securities and Exchange Commission (SEC) to list its shares on the Nasdaq, under ticker symbol COIN, had been approved. The public listing of Coinbase will thus represent a seminal event in the digital asset industry…. Read More

April 12, 2021 @ 11:42 am By JD Alois  |  

Creditshelf, an online lender serving SMEs in Germany, says it experienced its best quarter in company history. During Q1 2021, creditshelf said it increased its arranged loan volume by 224% to € 37.6 million versus Q1 2020 of € 11.6 million. Growth came from both… Read More