Asia

July 25, 2022 @ 6:10 pm By Omar Faridi  |  

The team at Zipmex noted in an update on July 22, 2022 that “just now, trade wallet withdrawals were re-enabled for our Global and Singapore users.’ Zipmex further revealed that they’re “working diligently with [their] partners so as to re-enable [their] withdrawal functionality to all… Read More

July 24, 2022 @ 8:40 pm By Omar Faridi  |  

Huobi Group, which claims to be one of the world’s leading financial services providers specializing in cryptocurrencies and related products, recently announced that it has been granted MVP provisional approval by the Dubai Virtual Assets Regulatory Authority (VARA) on July 15, 2022, while it “undertakes… Read More

July 24, 2022 @ 5:37 pm By Omar Faridi  |  

OneConnect Financial Technology Co., Ltd, the technology-as-a-service provider and an associate of Ping An Group, recently announced the launch of OneCosmo, a “one-stop” omni platform for all-in-one digital banking solutions jointly “developed with Brazil-based tech company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS)… Read More

July 24, 2022 @ 11:51 am By Omar Faridi  |  

ATRAM Trust Corporation, which claims to be the largest independent asset and wealth manager in the Philippines, recently announced that it has “signed a strategic partnership with additiv, a global Wealthtech platform provider.” The partnership will “enable ATRAM to modernize and digitize their wealth management… Read More

July 21, 2022 @ 9:47 am By Omar Faridi  |  

MetaVerse Green Exchange (MVGX), a digital “green” exchange licensed and regulated by the Monetary Authority of Singapore (MAS), announced the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm “strengthens its end-to-end suite of… Read More

July 20, 2022 @ 11:00 pm By JD Alois  |  

CoinDCX, one of the largest crypto exchanges in India with over 13 million users, has hired former Amazon Pay executive Gaurav Arora as Senior Vice President, CoinDCX Pro. The company states that Arora will lead it to the next phase of growth bringing innovation to… Read More

July 18, 2022 @ 11:37 pm By Omar Faridi  |  

Malaysia-based digital insurance firm VSure.life recently revealed that it’s expanding operations into the UK in order to make it more affordable for SMBs to access insurance. VSure will be working with local service provider McGill and Partners, a boutique re-insurance broker focused on developing bespoke,… Read More

July 18, 2022 @ 3:46 pm By Omar Faridi  |  

OKX, which claims to be one of the leading crypto trading apps, recently announced that it has been granted a provisional virtual assets (VA) license “to provide services to qualified investors in the UAE.” Granted by the Dubai Virtual Assets Regulatory Authority (VARA), OKX’s provisional… Read More

July 17, 2022 @ 9:30 pm By Omar Faridi  |  

CleverTap, which claims to be the modern, “integrated” retention cloud, announced it has partnered with Unocoin, India’s first crypto exchange, in order “to optimize, accelerate their user engagement, and provide a seamless omnichannel customer experience.” Through this collaboration, and by integrating CleverTap’s solution into its… Read More

July 17, 2022 @ 1:26 pm By Omar Faridi  |  

Worldline [Euronext: WLN], which claims to be an international leader in payment services, and Casio Computer recently revealed that they have agreed to a business alliance to support card payments and cashless shopping in Japan, a market with significant potential to transform its conservative retail… Read More

July 14, 2022 @ 10:30 pm By JD Alois  |  

Fasset Technologies Limited has partnered with Mastercard to expand financial services in Indonesia and create opportunities for underserved consumers The announcement follows Fasset’s $22 million Series A from this past April. According to a statement from Fasset, the companies will join in digitizing banking services… Read More

July 14, 2022 @ 9:25 pm By Omar Faridi  |  

Personetics, which claims to be the leading global provider of financial data-driven personalization and customer engagement solutions for financial institutions, recently announced a partnership with iBank Marketing Co., Ltd., a subsidiary of Fukuoka Financial Group and “widely recognized” as Neobank in Japan. By adding Personetics’… Read More

July 13, 2022 @ 10:54 pm By Omar Faridi  |  

Kini, an Indonesian on-demand payroll provider, has secured $4.3 million of seed funding led by East Ventures, with participation from Ten13, OurCrowd, K50 Ventures, and Goodwater Capital. Kini will “allocate the fresh funds to continue building out its HR-Fintech product suite, and invest in expanding… Read More

July 12, 2022 @ 11:25 pm By Omar Faridi  |  

Hong Kong-based digital bank WeLab recently revealed that it has introduced its virtual wealth advisory service, GoWealth Digital Wealth Advisory. Clients may kick start their personalized investment plans from as low as HKD 100. In April 2022, WeLab had been granted Type 1 (dealing in… Read More

July 12, 2022 @ 10:48 pm By Omar Faridi  |  

UOB (SGX: U11) recently launched a Green and Sustainable Deposits solution for its corporate and institutional clients, which is reportedly “the first such product in Singapore offered by a local bank.” The solution was “piloted with GIC.” Under this solution, the deposits are “deployed to… Read More

July 12, 2022 @ 10:04 pm By Omar Faridi  |  

Ant Group recently announced that its “privacy-preserving” Computation Framework becomes open source, aiming “to make the technologies more accessible to global developers and speed up the Framework’s application in various scenarios.” The Framework is designed “to address pain points in multi-party collaboration on information flows.”… Read More

July 12, 2022 @ 9:14 pm By Omar Faridi  |  

Rey Assurance, which claims to be the first dedicated and integrated health, life and critical illness Insurtech company in Indonesia, recently announced $4.2 million in seed funding to advance its digital health products and tech platform. In addition to announcing the funding from the Trans-Pacific… Read More

July 12, 2022 @ 8:17 pm By Omar Faridi  |  

Ancileo, a Singapore-headquartered software as a service (SaaS) solution provider for the insurance sector, recently revealed that it acquired $3 million in seed funding from Fermion. As noted by Ancileo’s management, it will be able to gain access to around 230 banking institutions and 150… Read More

July 11, 2022 @ 9:31 pm By Omar Faridi  |  

Tarabut Gateway, which claims to be the largest Open Banking platform in the MENA region with a market presence in Bahrain, the UAE and KSA, announced (earlier this week) two new appointments to its senior executive team, Nino Ocampo and Adnan Erriade. Nino joins as… Read More

July 10, 2022 @ 11:47 pm By Omar Faridi  |  

Delio (CEO James Jung), which claims to be a leader in digital asset finance in South Korea, has launched a Crypto Bank service and expanded its business into offering virtual banking services. Since its founding in 2018, Delio claims it has been “leading the Korean… Read More