Asia

August 20, 2024 @ 8:44 pm By Omar Faridi  |  

Valverde Investment Partners, a Singapore-based independent investment management firm specializing in ASEAN equities, has appointed global Fintech Broadridge Financial Solutions, Inc. (NYSE: BR) to enhance its portfolio management, trade order management, and risk analytics processes. This enhancement will support Valverde’s newest fund launch and “strengthen… Read More

August 20, 2024 @ 2:50 pm By Omar Faridi  |  

Bitpanda are pleased to announce that The National Bank of Ras Al Khaimah (RAKBANK) has become the first bank in the UAE to partner with Bitpanda Technology Solutions to unlock digital assets. RAKBANK is one of the major banks in the UAE, and one of the… Read More

August 19, 2024 @ 10:30 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border… Read More

August 19, 2024 @ 7:22 pm By Omar Faridi  |  

Uppsala Security, a provider of tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cybersecurity, is pleased to announce the rebranding of its flagship platform, Sentinel Protocol, to ChainBounty. Since its launch in 2018, Sentinel Protocol has reportedly been “at… Read More

August 19, 2024 @ 11:53 am By JD Alois  |  

Gate Ventures, part of Gate.io, and the Blockchain Center in Abu Dhabi have announced a collaboration on a $100 million fund to support early-stage blockchain firms. The new fund, Falcon Gate Ventures, is on a mission to drive blockchain innovation on a global scale. Abdulla… Read More

August 19, 2024 @ 8:48 am By JD Alois  |  

Minnadeooyasan-Hanbai (MOH Nippon) (LSE: MOH)has joined the London Stock Exchange (LSE) via a reverse  merger. According to a note from the company, Minnadeooyasan-Hanbai is the first Japanese firm to trade on the main market of the LSE in over 20 years. The company has changed… Read More

August 18, 2024 @ 7:47 pm By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, along with the Department of Labor and Employment (DOLE) held the 2nd Financial Inclusion Forum for the Labor and Employers Sector on July 30 at the BSP’s Manila Head Office. The discussions centered… Read More

August 18, 2024 @ 4:46 pm By Michael Wong  |  

Artificial intelligence startup Rebellions has merged with Sapeon Korea, a subsidiary of SK Telecom in a move to challenge the dominance of Nvidia in the global AI chip market. Rebellions, a fabless chip designer, brings a valuation of approximately 900 billion won ($664 million) to… Read More

August 18, 2024 @ 3:46 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS), in collaboration with major banks DBS, HSBC, OCBC, UOB, and tech firms SPTel and SpeQtral, have initiated a significant move towards enhancing cybersecurity in the financial sector with the signing of a Memorandum of Understanding (MoU). This agreement sets… Read More

August 17, 2024 @ 11:17 am By Omar Faridi  |  

MIMOS Berhad, the applied research and development arm of the Malaysian Government, has signed an MoU with the Worldcoin Foundation, Tools for Humanity (TFH) and MyEG, an e-government services provider, to integrate Worldcoin technology into the country’s digital infrastructure. The intent of the MoU is… Read More

August 17, 2024 @ 10:19 am By Michael Wong  |  

Singapore’s DBS Bank, in partnership with Visa, unveiled its first multi-currency commercial debit card, the DBS Business Advance+ Card (BAC+), designed to bolster the financial operations of companies engaged in global digital markets. This launch is part of DBS’s broader strategy to facilitate smoother cross-border… Read More

August 16, 2024 @ 9:15 pm By Omar Faridi  |  

Grab Holdings Limited (NASDAQ: GRAB) announced unaudited financial results for the second quarter ended June 30, 2024. Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab said: “We continued to harness the strength of the Grab ecosystem, and improved the usage frequency and reliability… Read More

August 16, 2024 @ 7:55 am By Omar Faridi  |  

Binance has reportedly achieved its 19th global regulatory milestone with registration in India. As part of their ongoing efforts to uphold regulatory standards, Binance says it is pleased to announce that firm has “registered as a reporting entity with India’s Financial Intelligence Unit (FIU).” This… Read More

August 15, 2024 @ 8:45 am By Omar Faridi  |  

Thndr is said to be focused on opening investing accessibility in the MENA region with Alpaca. Thndr is an emerging force in MENA, who’s team is on “a mission to increase access to personal investing.” By opening access to the global markets for “a growing… Read More

August 15, 2024 @ 6:19 am By Omar Faridi  |  

ADGM, the international financial centre (IFC) of the UAE’s capital, continues its growth trajectory, reporting solid performance in the first half of 2024. As the fastest-growing financial centre and the only jurisdiction with the direct application of the English Common Law in the region, ADGM’s… Read More

August 14, 2024 @ 4:34 pm By Omar Faridi  |  

Ripple, the provider of enterprise blockchain and crypto solutions, has announced plans to partner with the DIFC Innovation Hub, the innovation ecosystem of the Dubai International Financial Centre (DIFC), to accelerate blockchain and digital assets innovation in the UAE. The new partnership will connect “the… Read More

August 14, 2024 @ 8:14 am By Omar Faridi  |  

Tether Operations Limited, which claims to be one of the largest companies in the digital asset industry, is announcing a $3 million strategic investment in the Kem app, a platform designed for money transfers and financial management. This collaboration will see Kem App “introduce USD₮… Read More

August 13, 2024 @ 10:00 pm By Omar Faridi  |  

Stenn, the working capital digital platform, has partnered with Payyd, a firm focused on dynamic payments technology, to help power growth for Indian exporters. The collaboration delivers access “to Stenn’s innovative invoice financing, providing Payyd’s customers with on-demand capital through converting outstanding invoices into cashflow.”… Read More

August 12, 2024 @ 10:20 pm By Omar Faridi  |  

Wise Payments Ltd. intends to begin signing up new clients in India for global remittances following a pause. This will be done to potentially acquire a larger share of a market that’s reportedly grown to $32 billion. The London-headquartered Fintech has stopped taking additional clients… Read More

August 12, 2024 @ 10:19 pm By Omar Faridi  |  

Hong Kong’s Fintech ecosystem is reportedly focusing on growth plans across Greater Bay, along with closer cooperation with Shenzhen. As first reported by the SCMP, the Fintech association intends to further expand its operations and programs in the Greater Bay Area, according to Chair Lareina… Read More