Asia

Big Data Exchange (BDx) Expands Into Indonesia via $300M Venture

indonesia flag

Big Data Exchange (BDx), a data center solutions provider in Asia Pacific, recently announced that it has entered a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement, “together with a series of commercial and operational agreements, with PT Indosat Tbk (Indosat… Read More

Binance Appoints Europol Crypto Expert, Jarek Jakubcek, as Head of Intelligence, Investigations APAC

Bhudda Temple Singapore Asia

Binance, which claims to be the world’s “leading” cryptocurrency and blockchain infrastructure provider, has strengthened its team “with the recruitment of Jarek Jakubcek as the Head of Intelligence and Investigations for Asia-Pacific.” Jarek is “a leading global expert in cybercrime and former cryptocurrency specialist in… Read More

Blockchain Analytics Firm Nansen Announces New Investment and Data Integration with APY.vision

Blockchain DLT Distributed Ledger Technology

Nansen, the blockchain data analytics platform, announced that it will be “participating in an ongoing seed round for leading DeFi data platform APY.vision.” To coincide with its seed investment, Nansen will also be “completing a third-party data integration – one of the first times Nansen… Read More

Digitial Securities Marketplace ADDX Tokenizes PE Fund of Funds

Singapore Marina Prominade

ADDX, licensed by the Monetary Authority of Singapore (MAS) to facilitate the issuance and trading of digital securities, will list a private equity fund of funds on its marketplace. ADDX has partnered with Fullerton Fund Management, an Asia-based investment specialist, to offer the Fullerton Optimised… Read More

AI Pioneer Red Dot Analytics Teams Up with MetaVerse Green Exchange to Support Carbon Neutral Data Centers

Pollution Industry Smokestack thijs stoop unsplash

MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS) and industrial AI pioneer Red Dot Analytics (RDA), a deep tech spin-off from Nanyang Technological University (NTU), Singapore, have announced a collaboration “to enable greater sustainability in… Read More

Rewire Insurance to Cover Migrants’ Families in the Philippines

Philippines Jeepney hitoshi namura unsplash

Rewire, the first digital financial services platform for migrant workers worldwide, has expanded its insurance provision “for Filipino customers in the UK and Europe to cover their families living in the Philippines.” Filipino migrants in the UK and Europe can now “buy three additional coverage… Read More

UAE’s Spades Dine-in Payment Fintech Acquires $2.5M for Expansion Across MENA Region

UAE Money Currency dirhams

There’s no denying that the Middle East is “growing fast” and its restaurant scene is growing “even faster,” according to an update shared with CI. Dining in the UAE means “exploring one of the most diverse, vibrant, and delicious food destinations on the planet.” Restaurants… Read More

Digital Transformation: QR Code Payments Increasingly being Adopted Globally, Research Report Reveals

QR Code Fintech Insider

In the United Kingdom, the general population has become “far more accustomed to the use of QR codes, with the requirement of NHS Test and Trace check-ins in public spaces,” according to an update from Juniper Research. The report from Juniper notes that this  method… Read More

CoinDCX Reinforces its Goal to Expand the Web3 Ecosystem in India, with CoinDCX Ventures

web3

CoinDCX, which claims to be one of India’s largest and “most valuable” crypto companies, recently announced the launch of CoinDCX Ventures, which is described as an investment initiative funding early-stage crypto and blockchain startups, “bolstering India’s digital asset ecosystem and accelerating the transformation of India’s… Read More

The Sky is Falling: UST Craters, Crypto Insiders Respond to “Death Spiral”

Train Wreck Demise Collapse Disaster

TerraUSD (UST) has lost its status as a stablecoin as it is now trading at $0.40 $0.35 having dropped to as low as $0.30 in the last 24 hours. UST’s collapse is the hottest story in crypto land as it was, until recently, touted as… Read More

Aussie Fintech Peppermint Innovation Granted License to Operate as E-Money Issuer in the Philippines

Australia Money

Peppermint Innovation (ASX: PIL) has reportedly been granted a license in order to operate as an Electronic Money Issuer (EMI) by the Central Bank of the Philippines, “in one of the biggest regulatory milestones achieved by the company.” The EMI license authorizes the company “to… Read More

Funding Societies Expands into Vietnam

Diem Ryan Kelly Funding Societies

Funding Societies, a Singapore-based digital finance platform, has launched in Vietnam today. This is Funding Societies 5th Asian market. Funding Societies provides smaller firms with access to capital with a credit marketplace. To date, Funding Societies has originated S$3.16 billion with just a 1.26% default… Read More

Netbank Introduces Netizen Mobile Banking App as a “One-Stop” Banking Solution

cash money transfers payments iPhone

Bringing forth the inception of a “new era” in financial inclusivity, Netbank has introduced the Netizen Mobile Banking App as a “One-Stop-Banking Solution” “for Pinoy OFWs around the world.” With a commitment to address solutions to OFWs’ banking transactions, Netizen is developed to be “easy,… Read More

Emin Gün Sirer, CEO of Ava Labs, Says Don’t Worry About UST Losing Dollar Peg, Bullish Once Dust Settles

Digital Dollar Money Lincoln

There has been a certain amount of panic and a large amount of discussion regarding UST (TerraUSD), an algorithmic stablecoin ostensibly pegged to the US dollar, losing its one-to-one valuation. Currently, UST is recovering trading around $0.9273 but in the past 24 hours, UST traded… Read More

Coinhako Acquires MPI License to Offer Digital Payment Token Services in Singapore

Marina Bay Sands Hotel Singapore Asia

The team at Coinhako is pleased to confirm that their firm has been granted the Monetary Authority of Singapore’s (MAS) official approval “for a Major Payment Institution (MPI) license.” Securing the full license means that the firm will be able “to legally operate as regulated… Read More

CleverTap Appoints Honey Bajaj as SVP, Global Chief of Consumer Experience

India Money Coins Rupees rupixen com unsplash

CleverTap, which claims to be one of the leading retention Clouds, recently added to its core leadership team “with the appointment of Honey Bajaj as SVP & Global Chief of Consumer Experience.” In this position, Bajaj will be expected to “pioneer CleverTap’s extensive program to… Read More

Crypto Mixer Blender.io Gets Sanctioned by US Department of Treasury

Blender.io flowchart

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has targeted a crypto mixer platform for the very first time. According to a statement by Treasury, Blender.io (Blender) has been sanctioned by the US government. Blender is utilized by North Korea  for… Read More

Indian Fintech Kaleidofin Finalizes $5M in Second Close of $15M Series B Round

india rupees rupixen com unsplash

Kaleidofin, a Fintech firm from India, has finalized a second close to its $15 million Series B equity round. The company’s latest investment round has been led by the Michael and Susan Dell Foundation. The recent round takes the total funding secured by Kaleidofin to… Read More

Huobi Gains Money Services Business Approval for USA

USA Approved

Huobi Group has received approval to operate as a Money Services Business (MSB) in the United States, according to a statement by the company. Huobi is a public firm with its shares trading in Hong Kong (HKEX:Huobi Tech). Huobi Group was founded in 2013 and… Read More

Singapore based Digital Asset Investment Firm KoinBasket Acquires $2M via Pre-seed Round

Marina Bay Singapore Asia

KoinBasket, a Singapore-headquartered digital asset investment platform, recently finalized a $2 million pre-seed round. KoinBasket says that it plans to use the proceeds from the investment round to further expand its professional team and onboard talent. The round has reportedly been led by investors such… Read More

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