Search Results for: Economic Development Board

OurCrowd Partners with Singapore Economic Development Board

OurCrowd, a leading global securities crowdfunding platform, has partnered with the Singapore Economic Development Board (EDB) in the Global Innovation Alliance (GIA) program, according to a statement issued by OurCrowd. The goal is to boost international collaboration between the two countries to increase investment as… Read More

Bahrain Economic Development Board Announces Agreement With Singapore Fintech Consortium & Truical Investment Partners

The Bahrain Economic Development Board (EDB) announced on Wednesday it has formed a partnership with Singapore Fintech Consortium (SFC) and Truical Investment Partners to develop a fintech ecosystem and regulatory frame for the kingdom. According to EDB, the partnership aims to transform Bahrain into the… Read More

Partnering with Singapore’s Economic Development Board, Swiss Fintecher Leonteq Opens Teqlabs

The Swiss fintech provider for investment and pension solutions Leonteq AG (SIX: LEON), announced the launch of its Teqlabs innovation lab facility in Singapore’s Central Business District at Asia Square. The innovation lab will foster its fintech research and development to benefit of the financial services… Read More

Asian Development Bank, Mastercard to Support Asian-Pacific SMEs

The Asian Development Bank and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish a partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific. The initiative will initially… Read More

Israel Becomes 69th Member of Asian Development Bank

Israel officially joined the Asian Development Bank (ADB) as its 69th member and 20th nonregional member on Thursday, after fulfilling all necessary membership requirements. Israel submitted its application for ADB membership in January 2022. The ADB Board of Governors approved the membership on April 14,… Read More

Cross River Bank Announces New Members to Board of Directors

CRB Group, Inc., the parent company of Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced it has appointed three new members to its Board of Directors, effective July 1, 2024: Roland Fryer, Richard Laxer and Gabrielle Vitale. Gilles Gade, Founder,… Read More

Working Capital Fintech C2FO Announces Small Industries Development Bank of India as Latest Financier to Join C2treds

C2FO, the on-demand working capital platform, announced that the Small Industries Development Bank of India (SIDBI) is the latest financier to join C2treds. This national funding platform “enables the early payment of invoices to provide much-needed liquidity to India’s micro, small, and medium-sized businesses (MSMEs).”… Read More

Roberto José Catalán, Co-founder of Aligned, Explains How ZK Tech Will Onboard Significant Number of Crypto and Blockchain Users

While some say adoption will ruin crypto, diluting the core principles this industry was built on, Aligned CEO Roberto José Catalán is on a mission to improve the accessibility of financial tools that are easy to use and free from third-party restrictions. Aligned is described… Read More

Global Forum on Islamic Economics and Finance – Kuala Lumpur

GFIEF is organised by Bank Negara Malaysia, in collaboration with the Securities Commission Malaysia, Labuan Financial Services Authority, the International Islamic Liquidity Management Corporation, the Islamic Development Bank, the Islamic Financial Services Board and the World Bank Group. Themed, ‘Shaping a Resilient Global Islamic Economy… Read More

Sally Meouche – Ghrawi, Executive Board Member of eSync Network, Discusses Importance of RWA Tokenization, Blockchain Tech

Sally Meouche-Ghrawi, Executive Board Member of eSync Network, recently shared her views and insights regarding the importance of RWA (real-world assets) tokenization and the rise of blockchain technology. Sally Meouche discusses the potential benefits of leveraging distributed ledger technology (DLT) to streamline key processes. Our… Read More

Southeast Asia’s Super App Grab Announces Key Board Appointments

Grab Holdings Limited (NASDAQ: GRAB) announced updates to its Board of Directors. With immediate effect from April 1, 2024, Daniel Yun (Chief Executive Officer of KakaoBank) and David Loh (Executive Director and Joint Chairman of Centurion Corporation) will be appointed to Grab’s Board of Directors,… Read More

Cambridge Centre for Alternative Finance Founder Bryan Zhang Appointed to the Board of the UK Financial Conduct Authority

Bryan Zhang, the co-founder and Executive Director of the Cambridge Centre for Alternative Finance (CCAF), has been appointed to the Board of the UK Financial Conduct Authority (FCA). Zhang commenced his initial three-year term as a non-executive Director today (February 19, 2024). The FCA is… Read More

Efficient Cross-Border Payment Services have Potential to Improve Lives by Enabling Economic Growth – Report

Faster, cheaper, and more transparent cross-border payment services have “the potential to improve many lives by supporting economic growth, international trade, global development, and financial inclusion.” This, according to an update shared by the International Monetary Fund (IMF). The Group of Twenty has prioritized such… Read More

IFC Grants $10m Loan to Uzbekistan’s Ipak Yuli Bank for SME Development, Women’s Economic Empowerment

The International Finance Corporation (IFC), a member of the World Bank Group, is allocating a $10 million loan to Uzbekistan’s Ipak Yuli Bank in a bid to bolster the bank’s lending initiatives directed at small and medium enterprises (SMEs), especially those owned by women. The… Read More

OPEC Fund Allocates Over $150m for Global Development Projects

The OPEC Fund for International Development (OPEC Fund) has sanctioned financing exceeding $150 million for initiatives across Africa, Asia, Latin America, and the Caribbean. These funds will target modern infrastructure development in sectors like health, education, agriculture, water, and sanitation, and also extend financial assistance… Read More

Stablecoins: PostFinance, Swiss Stablecoin Ltd to Support Digital Franc Development

PostFinance wants to drive the development of a digital franc and is entering into partnership with Swiss Stablecoin Ltd for this purpose. As part of a joint proof of concept, a digital image of the Swiss franc “will be released for specific use cases and… Read More

UK’s Assetz Capital Funds £2.83M Loan for Residential Development in South London

Assetz Capital, which claims to be one of the UK’s leading alternative finance providers, has announced that it has “funded a loan of £2.83 million for a new residential development in the affluent area of Purley, south London.” The loan has been “granted to a… Read More

Web 3.0 Development: Tim Draper Leads Investment Round for EtherMail, the Web3 Email Provider

EtherMail, the Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, has successfully “raised $4 million USD in a pre-Series A funding round led by Tim Draper and Draper Associates, a global venture capital firm investing in industry transforming companies.” The investment… Read More

Blockchain, Web3 focused Developer Toposware Expands Advisory Board with Gaming, Engineering Professionals

Toposware, the developer of Topos, the “first” zkEcosystem that enables fully trustless and secure interactions between blockchains and serves as the springboard for the global adoption of Web3, announced the appointments of Paul Roma, Martin Wischhusen, and Dr. Sriram Vishwanath to its growing advisory board…. Read More

Malaysia: Gobi Partners Onboards Startups Durioo+, Lapasar, Paywatch, pitchIN to Superseed II Fund

Gobi Partners, the “most interconnected” Pan-Asian venture capital (VC) firm with US$1.5 billion (RM6.5 billion) in assets under management has “onboarded four more promising Malaysian startups to its Gobi Superseed II Fund (Gobi SSII Fund).” The four firms “being onboarded are Islamic-themed streaming service Durioo+,… Read More

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