Digital Money Firm Merchantrade Asia Partners LintraMax to Offer Digitized Payroll to Malaysian Plantation Workers by Omar Faridi

Fintech Challenger Current Says it’s Not a Bank, It’s Better with Increased Focus on Customer Experience

The topic of banks vs. Fintech firms has been “another hot one as of late,” the team at Fintech Current notes in an update while adding that with court rulings, the questioning of banking execs on Capitol Hill has been ongoing. And, if you have… Read More

New York based Earned Wage Fintech Clair Secures $15M to Help Gig Economy Workers

New York-based Clair, an earned wage firm for gig economy workers and technology contractors, has finalized a $15 million Series A round that was led by Thrive Capital. Clair’s latest investment round brings the Fintech firm’s total funding to $19.5 million. The company’s seed round… Read More

Digital Banking: Line Introduces Virtual Bank Platform via Partnership with PT Bank KEB Hana Indonesia

Line has reportedly introduced its third digital banking platform in Southeast Asia through a partnership with PT Bank KEB Hana Indonesia. The introduction of the smartphone-only bank in Indonesia has come after similar launches in Taiwan and Thailand. The partnership between Line and Hana Bank… Read More

Digital Identity: Payments Giant Mastercard Finalizes Acquisition of ID Verification Service Ekata

Mastercard (NYSE: MA) revealed on Friday (June 11, 2021) that it has finalized its acquisition of Ekata, a provider of identity verification services that assist companies or businesses with making informed decisions when opening online accounts, conducting payments and handling various other digital interactions. Ajay… Read More

China: WeiyangX Fintech Review

National Internet Finance Association of China: Standardized Cosmetic Surgery-Related Financial Products and Services The past few years have seen the rapid development of cosmetic surgery in China. In order to better serve their customers, some financial institutions have cooperated with third-party cosmetic surgery agencies to… Read More


Bank of England and Bank for International Settlements Establish Innovation Hub in London

The Bank for International Settlements (BIS) and the Bank of England (BoE) revealed on June 11, 2021, that they’ve introduced the BIS Innovation Hub London Centre, which is notably the fourth Innovation Hub Centre to have been launched in the last couple years. The BIS… Read More

QED Leads $21 Million Series B for Hello Alice

Hello Alice, a platform for helping small businesses grow their businesses, has raised $21 million in a Series B funding round led by QED Investors. Founded by Elizabeth Gore and Carolyn Rodz, the company has now raised $30 million in funding. Speaking with Crunchbase, Rodz… Read More

Luxembourg Fintech Finologee Develops Automated Payments Solutions for Enhancing Workflows

Luxembourg-based Fintech Finologee has reportedly created a hosted system that offers API end-points in order to automate payments and support secure web interfaces which improve workflows and data visualization while establishing a direct connection to the SWIFT network. The product’s development has been supported by… Read More

Osome, an Accounting and Regtech Super App for SMEs, Secures $16M via Series A

Osome, a three-year-old Super App that digitizes accounting and compliance services for small businesses, has secured $16 million through a Series A round that received contributions from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, and Peng T. Ong (who joined… Read More

Innovation and Ventures Division at Standard Chartered and Franklin Templeton Introduce Wealth, Health, Lifestyle Platform

The innovation and ventures division at Standard Chartered (LON: STAN) has teamed up with fund manager Franklin Templeton in order to introduce a “wealth, health and lifestyle” consumer platform for Singapore residents. Excited to announce our partnership with @FTI_Global to launch Autumn in SG, a… Read More

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