Asia

June 5, 2018 @ 3:22 pm By Samantha Hurst  |  

On Tuesday, Distributed Credit Chain (DCC) and Plug and Play China announced that DCC has joined the Plug and Play China’s “ecosystem” to drive the growth and development of the global fintech and blockchain industry. According to the duo, Plug and Play China has helped over… Read More

June 5, 2018 @ 12:10 pm By JD Alois  |  

    The Cambridge Centre for Alternative Finance (CCAF), at the Judge School of Business at Cambridge University, has launched their annual research initiative pertaining to the global alternative finance industry. While in years past CCAF has staggered the research, this year they are commencing… Read More

June 5, 2018 @ 8:37 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has secured $103 million through a financing investment round, which was led by Mandra Capital and SINA Corp. with participation from STI Financial Group, Shunwei Capital Partners, and ZHONG Capital Holding Group. The company… Read More

June 4, 2018 @ 10:56 pm By JD Alois  |  

Hong Kong / Kuala Lumpur based SuperCharger Fintech Accelerator has scheduled its demo day for June 8th. Sponsored by Standard Chartered Bank, the event is to celebrate the end of its Hong Kong 2018 Program, and to showcase the achievements of the 10 Fintech startups… Read More

June 2, 2018 @ 11:52 am By Xu Gao  |  

International Tuition Payment Platform Easy Transfer Receives Tens of Million Yuan in Series A Financing This week, Easy Transfer announced that it has won tens of millions yuan in Series A financing, which was led by Zhen Fund and followed by IDG Capital. It is… Read More

June 2, 2018 @ 11:17 am By Cali Haan  |  

In a recent conversation with Brazilian nationals, including a bank manager and an accountant, I was told that Bitcoin is “not popular” in Brazil. That may be about to change. Brazilian site Portal do Bitcoin have reported that representatives from the third largest cryptocurrency exchange… Read More

June 2, 2018 @ 10:45 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Department of Economic Affairs in India have signed a Memorandum of Understanding (MOU) to further Fintech cooperation between the two countries. Singapore has an extended history in establishing bilateral relationships regarding its pursuit of Fintech growth.  The… Read More

June 1, 2018 @ 12:06 am By JD Alois  |  

Huobi Group announced the launch of the Huobi 10 Index last week. The index is designed to track ten different digital assets to thus provide a diversified product for investors. HB10 says it aims to improve the liquidity of digital assets and diversify the trading with… Read More

May 31, 2018 @ 10:57 am By Samantha Hurst  |  

SoftBank Corp. announced on Thursday results for the third round of its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank reported it will tie up with eight companies… Read More

May 31, 2018 @ 8:52 am By Samantha Hurst  |  

On Thursday, Chinese marketplace lending platform Dianrong announced its supply chain finance solution will be made available on Corda, R3’s blockchain platform for finance and business. According to the online lender, the new Corda app, CorDapp, will further expand Dianrong’s reach both in China and globally by leveraging… Read More

May 31, 2018 @ 7:54 am By Cali Haan  |  

Coindesk is reporting that Baidu Baike, China’s Wikipedia-style site, is now tracking revisions made to articles on a blockchain. According to Coindesk reporter Wolfie Zhao, Baidu has not yet publicly announced blockchain developments at Baidu Baike, although they did confirm with Zhao over WeChat that… Read More

May 30, 2018 @ 10:59 pm By JD Alois  |  

LATTICE80 has announced the creation of a non-profit foundation to offer free Blockchain education programs to local students in Singapore. Joe Seunghyun Cho, co-founder and Founding CEO of LATTICE80, said that out of many sectors they see huge opportunity for Singapore to play an important… Read More

May 30, 2018 @ 4:30 pm By Cali Haan  |  

In yet another blockchain news item emanating from China this week, multiple reports are sharing that China’s potential “president for life,” Xi Jinping, recently named blockchain as one of a triumvirate of new technologies (including IoT and AI) that will drive, “a new industrial revolution.”… Read More

May 30, 2018 @ 10:00 am By Samantha Hurst  |  

Chinese fintech and Alibaba-affiliated Ant Financial Service Group announced on Wednesday it has signed a strategic cooperation agreement with Shanghai Pudong Development Bank Co., Ltd. to support the bank’s digital transformation with Ant Financial’s technological capabilities. Ant Financial reported that the agreement is the third of its… Read More

May 30, 2018 @ 7:29 am By Cali Haan  |  

Chinese tech behemoth TenCent is cooperating with tax authorities in the Shenzhen province to develop a blockchain-based and Big Dat-fed “intelligent tax” system.   Tencent last year joined Facebook, Google and Amazon as one of handful of companies on the globe to pass the $500 billion… Read More

May 29, 2018 @ 2:05 pm By JD Alois  |  

Zilliqa, a fast blockchain solution that utilizes sharding to juice performance, topped $1 billion in market capitalization last week – only to pull back below the billion dollar mark as volatility in ZIL bounced the price around. Zilliqa has recently flirted with being a top… Read More

May 29, 2018 @ 12:41 pm By Cali Haan  |  

In many parts of the Philippines, you’re more likely to encounter a remittance house like Western Union than a bank branch. Cash arrives from abroad, but the access to business loans and mortgages needed to build a self-sustaining economic base are hard to come by…. Read More

May 29, 2018 @ 12:13 pm By Erin Hobey  |  

Global growth markets investor Actis is now building an Indian Non-Banking Financial Company focused on secured lending to SMEs with a plan to fund the platform with up to US$220M of equity capital over a 5-year period. Actis is backing a team led by ex CEO… Read More

May 29, 2018 @ 10:11 am By Samantha Hurst  |  

Pundi X (CURRENCY: NPXS) announced on Tuesday it has established a strategic partnership with the American Chamber of Commerce Korea (AMCHAM) to help introduce and promote Pundi X’s blockchain-based point-of-sales solution to its members, including leading multinationals in Korea. According to Pundi X, under the terms of… Read More

May 29, 2018 @ 8:36 am By Erin Hobey  |  

Berlin-based Stryking has signed crypto investing expert and serial entrepreneur Samson Lee, Coinstreet Partners Founder and CEO, to its advisory board. Lee will support Stryking and its upcoming STRYKZ token launch with his Asian business connections and his crypto market and business development. “We are delighted… Read More