Asia

February 27, 2018 @ 10:30 pm By JD Alois  |  

Bankorus (formerly MiCai), a provider of Robo-advisor solutions to wealth management companies and individuals with a combined AUM of $30 billion, is partnering with AI Catapult, the new Blockchain and AI accelerator created by JD.com. JD.com is one of the largest digital commerce platforms in… Read More

February 27, 2018 @ 1:11 pm By JD Alois  |  

Swedish electric car manufacturer Uniti  says it has concluded its first step in bringing its electric vehicle (EV) to Asia with a successful introduction of the Uniti One at India’s Auto Expo 2018 in New Delhi. Without providing specific order numbers, Uniti said it had… Read More

February 27, 2018 @ 12:13 pm By Samantha Hurst  |  

trueEX, a New York-based electronic, CFTC-regulated exchange for interest rate swaps, announced on Tuesday it has opened a Singapore office to provide trading access for interest rate swaps denominated in 28 currencies, including 11 in the Asia-Pacific region. The company reported that on the back of significant volume growth, dealer… Read More

February 26, 2018 @ 11:12 am By Samantha Hurst  |  

On Monday, the Monetary Authority of Singapore (MAS) announced it signed a Memorandum of Understanding (MoU) with the Government of Maharashtra (GoM) to strengthen cooperation in promoting FinTech innovation in the two markets. The MoU was signed at a ceremony at the Magnetic Maharashtra event in India…. Read More

February 26, 2018 @ 8:00 am By JD Alois  |  

CoAssets Limited (ASX:CA8), a crowdfunding and Fintech lending platform for businesses reported its financial and operating results for the half year ended 31 December 2017. CoAssets operates a licensed, Singapore based crowdfunding platform as well as an online funding platform in China as part of a… Read More

February 22, 2018 @ 9:52 am By JD Alois  |  

Singapore based Fintech Hub LATTICE80 has enlisted Sang Min Kim to the company’s Board of Advisors. Kim was previously a Senator in South Korea and interestingly a committee member of the National Policy Committee overseeing regulatory bodies. Kim was the youngest senator in the ruling party,… Read More

February 21, 2018 @ 3:31 pm By Samantha Hurst  |  

On Tuesday, Japanese cryptocurrency exchange Zaif announced it experienced a glitch last Friday that caused the exchange to price coins at $0, meaning users were able to buy digital currencies for free. The platform, which is powered Tech Bureau Corp, and registered by the Japanese government,… Read More

February 21, 2018 @ 8:21 am By JD Alois  |  

InstaReM, a southeast Asia’s digital cross-border money transfer service provider, has inked a strategic partnership with enterprise Blockchain payment solutions provider, Ripple. According to InstaReM, this partnership will facilitate quick and secure payouts for RippleNet members across Southeast Asia.  InstaReM is a Singapore-headquartered cross-border payments… Read More

February 20, 2018 @ 1:14 pm By Samantha Hurst  |  

Texcent Asia, a Singapore-based payments company, announced on Tuesday it has received remittance license from Monetary Authority Singapore (MAS). The company powers financial platform Paycent, which is described as a company that’s dedicated to delivering fully integrated mobile applications and aims to be the global leader in… Read More

February 16, 2018 @ 4:00 pm By Samantha Hurst  |  

On Friday, Asian blockchain firms Longenesis and Neuromation announced they have formed a partnership to create a blockchain-based global data marketplace where individuals will take control of their personal data and healthcare companies may invest in AI analysis they previously could not afford. Neuromation reported… Read More

February 16, 2018 @ 9:13 am By JD Alois  |  

Prospa, a Sydney based online lender servicing the SME market, has received a nice recognition as it took the top spot for a high growth firm in Asia Pacific. According to a recent ranking of the top 1000 firms in Asia-Pacific by the FT, Prospa… Read More

February 16, 2018 @ 8:49 am By JD Alois  |  

The Hero Token ICO, launched on February 1st, reports it raised more than $30 million within the first 12 hours. Hero Token says it reached it’s soft-cap back in November during a 24h pre-sale for early investors. The public ICO is ongoing and as of this… Read More

February 16, 2018 @ 1:00 am By JD Alois  |  

  SelfKey, a blockchain-based digital identity system, has announced plans to integrate KyberNetwork crypto currency exchange service  to provide ETH-based tokens exchange within the SelfKey Wallet. SelfKey states that both companies are completely committed to the integration that will lead the SelfKey Identity Wallet users to… Read More

February 14, 2018 @ 11:15 am By JD Alois  |  

“A rose by any other name would smell as sweet” As we reported last week, GIFTO has partnered with artist Kevin Abosch in the creation, and sale, of a digital valentine. The “Forever Rose” art was sold for $1 million in cryptocurrency to a group… Read More

February 14, 2018 @ 10:38 am By JD Alois  |  

FUSION has announced that it has successfully completed its initial coin offering (ICO) having raised 126,000 Ether, worth about $110 million, in just 24 hours. FUSION reported that its token offering was oversubscribed by 2.5X with investors seeing their contributions returned that went over the… Read More

February 14, 2018 @ 8:19 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) have announced a cooperation agreement to boost Fintech innovation between the two countries. MAS has initiated many of these bilateral agreements and is core to their strategy of being a global Fintech… Read More

February 13, 2018 @ 1:18 pm By JD Alois  |  

Republic Protocol announced a “dark pool” for trading cryptocurrency in January. Today, Republic Protocol is taking the dark pool a step further by enabling Crypto to gold trading via a partnership with Digix. A dark pool is typically a private securities exchange where investors, usually… Read More

February 13, 2018 @ 7:32 am By JD Alois  |  

BitGrail, the Italy-based cryptocurrency exchange that experienced a theft of 17 million NANO (XRB) – about $153 million at current exchange rates, has posted an update today regarding the hack. The good news for users of the exchange is Bitgrail states all other cryptocurrencies reman… Read More

February 12, 2018 @ 2:09 pm By Samantha Hurst  |  

On Monday, CreditEase announced its fintech investment fund, along with next47 and BMW i Ventures, has invested in California automotive fintech company, Fair. This news comes after Fair announced the acquisition of Uber’s Xchange Leasing subsidiary’s leasing portfolio. According to CreditEase, Fair was launched in August… Read More

February 12, 2018 @ 11:03 am By Samantha Hurst  |  

  Pundi X (CURRENCY: PXS), a cryptocurrency point-of-sale (“POS”) solution provider announced over the weekend it has formed a partnership with  Coinnest, which is described as the fourth largest cryptocurrency exchange platform in Korea, announced a strategic partnership. According to Pundi X, Coinnest will be the first Korean… Read More