According to a release from the Monetary Authority of Singapore, China and Singapore have “achieved new milestones in financial cooperation.” During the 14th Joint Council for Bilateral Cooperation (JCBC), co-chaired by Singapore Deputy Prime Minister and Coordinating Minister for National Security, Mr Teo Chee Hean,… Read More
Tagged china, mas, ravi menon, singapore
Last week Bloomio AG, a Swiss-based blockchain-based equity crowdfunding platform that allows investors to fund startups in return for tokenized shares, added a new board of independent experts to conduct due diligence of potential strength and scalability of startups applying to raise on the platform. New members include NeoFelis… Read More
Tagged blockchain, bloomio, emile osumba, equity crowdfunding, max lyadvinsky, maxim lyadvinsky
UK-based fintech Humaniq announced on Thursday it has launched the Humaniq App with full functionality, both wallet and crypto emissions, in an additional 24 countries. According to Humaniq, the launch, which is from Asia to Latin America, takes the total list of nations Humaniq App operates… Read More
Tagged expansion, fintech, humaniq, uk, united kingdom
AlphaFlow, an online investment platform for real estate assets, has announced the hiring of two new Fintech executives and the opening of a New York City office. AlphaFlow connects institutional and accredited investors with high yield real estate bridge loans by partnering with local hard money… Read More
Tagged alphaflow, john woodruff, ray sturm, stephen leccese
Groundfloor, a direct real estate investment platform, has reaped in an additional $4.2 million in its recent IPO. The total reportedly secured for the 2017-18 campaign to $6.2 million (1) from 2,304 investors and the company’s total fundraising to $13.8M. “The offering was very well-received… Read More
Tagged brian dally, groundfloor, ipo, nick bhargava, p2p, peer to peer
Plug and Play announced earlier this week the first batch of startups selected for its multi-corporate Fintech and Insurtech program in Singapore. The accelerator reported it screened over more than applicants for the program. While sharing more details, Kayvon Deldar, Program Head of Plug and Play… Read More
Tagged accelerator, financial technology, fintech, insurance technology, insurtech, plug and play, program, singapore
Earlier today, China based X Financial (NYSE:FXE) traded on the New York Stock Exchange (NYSE) in its initial public offering raising approximately $104.5 million as 11 million shares were floated at $9.50/share. The shares quickly jumped higher in early trading and eventually closed about 25%… Read More
Tagged china, fxe, initial public offering, ipo, nyse, online lending, p2p, peer to peer, Shaoyong Cheng, x financial, xiaoying wealth management, zhongan
Bon, an India based Fintech that is providing credit to workers in the gig economy, has raised $1.1 million in seed funding led by Omidyar Network. Other funders in this round include early-stage investment firm Axilor Ventures and Better Capital’s AngelList India Syndicate. Bon provides financial services to workers,… Read More
Tagged bhasker kode, bon, india, omidyar network, smita aggarwal
Chinese peer to peer lending platform X Financial (NYSE: XYF) completed its initial public offering (IPO) today trading shares on the New York Stock Exchange. Deutsche Bank Securities Inc. and Morgan Stanley & Co. were joint book runners on the IPO. The IPO saw the Class… Read More
Tagged china, nyse, p2p, peer to peer, x financial, xyf
KPMG announced on Tuesday it has teamed up with data collaboration company Workiva to help organizations transform and integrate their risk management, regulatory and financial reporting and compliance processes by using the Workiva Wdesk platform. Through Wdesk, users are able to improve productivity and accountability in… Read More
Tagged kpmg, partnership, workiva
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