Asia

March 28, 2022 @ 11:45 pm By Omar Faridi  |  

Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a Fortune 500 company and one of Shanghai’s biggest state-backed enterprises focusing on real estate, infrastructure and finance, and the MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary… Read More

March 28, 2022 @ 11:29 pm By Omar Faridi  |  

Saudi Arabia is one of the most vibrant and dynamic nations. And as part of its Vision 2030 plan, the country’s government has “set ambitious goals to digitize and transform its economy.” At Checkout.com, they have the privilege of “being an active participant in accelerating… Read More

March 28, 2022 @ 3:34 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security, has announced the signing of a business agreement with CAMO LABEL, an NFT studio, “focused on strengthening the security of digital assets (including… Read More

March 28, 2022 @ 11:25 am By JD Alois  |  

  Global securities crowdfunding platform OurCrowd will open a global artificial intelligence innovation center in Abu Dhabi later this year, according to a report. The new center is part of the ongoing initiative to connect countries that have normalized relations with Israel because of the… Read More

March 26, 2022 @ 3:31 pm By JD Alois  |  

Blockchain Association Singapore (BAS) has partnered with tech association SGTech to help fuel blockchain development in Singapore. BAS and SGTech jointly have signed a Memorandum of Understanding (MOU) at a ceremony attended by Guest of Honour Minister of State for Communications and Information Tan Kiat… Read More

March 25, 2022 @ 8:38 pm By Omar Faridi  |  

Indian Fintech firm Credilio has acquired $4 million in capital via a pre- Series A round from several key investors. Credilio’s investment round has been led by Cornerstone Venture Partners Fund. The round also included contributions from Exfinity Venture Partners and the founder of Param… Read More

March 24, 2022 @ 10:21 pm By Tony Zerucha  |  

Cambodia’s Vattanac Bank this week announced a partnership with global payments network EMQ, to facilitate real-time cross-border payments across Asia. By integrating with EMQ’s API-enabled payments platform, Vattanac Bank said it can further expand to new geographies and provide their customers with multi-currency payout to… Read More

March 24, 2022 @ 8:35 pm By Omar Faridi  |  

  Surecomp, which claims to be a market leader in international trade finance solutions for banking institutions and corporations, has confirmed that Societe Generale has now gone live with the latest version of its IMEX solution for back-office trade finance processing automation across four nations… Read More

March 24, 2022 @ 11:43 am By Omar Faridi  |  

Stripe, an international payments company, recently confirmed the launch of Stripe Tax in Singapore. This feature should assist businesses operating in Singapore to automatically determine and collect consumption tax, better referred to as goods and services tax (GST), in the Southeast Asia-based country, as well… Read More

March 22, 2022 @ 11:01 pm By Omar Faridi  |  

iZUMi Finance, a DeFi protocol bringing programmable liquidity mining to Uniswap V3, is teaming up with the HOURAI NFT project to “imbue its upcoming NFTs with value from iZUMi’s DeFi derivatives.” Each holder of HOURAI NFTs, if whitelisted (mint price at 0.1 ETH), will be… Read More

March 21, 2022 @ 11:30 pm By Omar Faridi  |  

Financial regulators in China, including the nation’s reserve bank, and the Zhejiang provincial government are reportedly supporting “controllable risks” in the country’s digital commerce hub in order to promote Fintech innovation. This, according to a government update reviewed by the SCMP. The People’s Bank of… Read More

March 21, 2022 @ 9:54 pm By JD Alois  |  

 Validus has entered into an agreement with Citi Singapore to purchase its business loan portfolio, according to a statement by Validus. Headquartered in Singapore, Validus provides access to capital for businesses funded by institutions and individual investors. Individual investors must be accredited/HNW individuals. Loans are… Read More

March 21, 2022 @ 9:48 pm By JD Alois  |  

Vemanti Group (OTCQB: VMNT) has signed a 10-year agreement with Vietnam Public Joint-stock Commercial Bank (PVcomBank) to launch one of the first SME digital banking platforms in Vietnam. Vemanti says it will utilize cloud computing, API, automated KYC/AML, Artificial Intelligence, Machine Learning, and blockchain technologies… Read More

March 21, 2022 @ 9:39 pm By Omar Faridi  |  

  AppWorks, a venture capital firm and accelerator in Greater Southeast Asia, has announced a series of institutional and organizational developments “in tandem with a number of key internal promotions.” As part of its organizational upgrades, AppWorks has “established new arms that encapsulate the firm’s… Read More

March 20, 2022 @ 9:03 pm By Omar Faridi  |  

Having served a key role in the regional cryptocurrency and blockchain sector since 2015, BitOasis claims to have established its reputation as one of the most “trusted” virtual currency trading platforms in the UAE (and MENA region). Being part of a fast-evolving crypto industry, there… Read More

March 20, 2022 @ 3:39 pm By Omar Faridi  |  

Egypt’s largest national banking institutions – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, an MEA-focused VC firm – announced the launch of Nclude by Global Ventures, “following approval by the Central Bank of Egypt (CBE).” This “unprecedented” step… Read More

March 19, 2022 @ 11:55 am By JD Alois  |  

Boost has announced that its “maiden tranche” of Senior Class A Medium Term Notes (MTN) has been rated A1 by Malaysia-based, RAM Rating Services Berhad (RAM Ratings). Boost states that it is now the first fully digital regional financier to receive an investment-grade A1 rating… Read More

March 19, 2022 @ 11:02 am By Tony Zerucha  |  

Singapore Japan Mobile Labs, a new venture focused on Fintech innovation in the Japanese market, has raised a US$ 2.85 million seed round, the group announced this week. The round was led by Saison Capital with additional participation from Apis Insurtech Fund I and Anthemis… Read More

March 19, 2022 @ 10:58 am By Xu Gao  |  

Shanghai Data Exchange Launches Recruitment Campaign in the Metaverse From March 7th to 14th, Shanghai Data Exchange (SDE) launched a recruitment campaign in a metaverse style, which was the first recruitment event since its establishment in November 2021. SDE is expected to recruit globally for… Read More

March 17, 2022 @ 5:25 pm By Tony Zerucha  |  

Singapore Exchange-backed private market platform ADDX recently announced Oi-Yee Choo will be appointed its CEO, subject to the Monetary Authority of Singapore’s (MAS) approval. ADDX was founded in 2017 and began full commercial operations in 2020 after becoming one of the first digital securities exchanges… Read More