July 16, 2021 @ 2:49 pm By Omar Faridi  |  

Hong Kong’s digital technology park Cyberport confirms that it has invested HKD 14.87 million (appr. $1.92 million) into the operations of four of the startups in its network. The companies include Lynk, Rice Robotics, Dash Living and Hex Trust. These investments have been made during… Read More

 Tagged cmf, cyberport, cyberport macro fund, dash living, Fintech funding, george lam, hex trust, hong kong, lynk, rice robotics, smart living, startups

July 16, 2021 @ 1:37 pm By Omar Faridi  |  

Munnypot Ltd confirms that it has teamed up with Cairngorm Capital Partners LLP and has acquired Whitefoord LLP, in order to introduce Verso Wealth Management, which is a wealth management group offering financial advice and investment management that’s supported by an all-digital platform. Cairngorm Capital… Read More

 Tagged andrew fay, cairngorm capital, cairngorm capital partners llp, europe, fca, financial conduct authority, london, lucy graham, munnypot ltd, neil mcgill, simon redgrove, uk, united kingdom, verso, vince whitefoord, wealth management, whitefoord llp

July 16, 2021 @ 1:31 pm By JD Alois  |  

Morty, a marketplace for mortgages that enables people to compare different mortgage offerings, has raised $25 million in a Series B funding round led by March Capital. Additional investors include Rethink Impact, Thrive Capital, Lerer Hippeau, Prudence Holdings, FJ Labs and Metaprop. Nora Apsel, co-founder… Read More

 Tagged mortgages, morty, nora apsel

July 16, 2021 @ 12:08 pm By JD Alois  |  

Tink, an open banking platform, has appointed Rowan Taylor as its new role of Chief Revenue Officer (CRO). Taylor previously worked at AWS and is said to have 26 years of experience in banking technology including stints at Accenture, KPMG and Gartner. Taylor will be… Read More

 Tagged daniel kjellén, open banking, rowan taylor, sweden, tink

July 16, 2021 @ 11:31 am By JD Alois  |  

Asset management apps or investment apps, like Robinhood or Coinbase, are rising in popularity according to a research report. Apps the enable crypto trading, more traditional stock investments, FOREX and more are seeing increased utilization states Sensor Tower. These types of apps grew 198% during… Read More

 Tagged apps, research

July 16, 2021 @ 11:19 am By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the market infrastructure for the global financial services sector, reveals that it’s teaming up with Ebix, Inc. (NASDAQ: EBIX), an established international supplier of on-demand software and digital commerce services, in order to provide an automated annuity compliance… Read More

 Tagged ann bergin, annuitynet, ash sawhney, automation, depository trust & clearing corporation, dtcc, ebix, naic, national insurance of insurance commissioners, pmp, producr management portal

July 16, 2021 @ 8:45 am By Omar Faridi  |  

iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, has entered iinto a partnership with OneFamily, which is one of United Kingdom’s largest financial mutual societies. iPipeline’s SSG Digital platform will be replacing OneFamily’s savings,… Read More

 Tagged europe, graham o’sullivan, ian teague, ipipeline, uk, united kingdom

July 16, 2021 @ 8:06 am By Omar Faridi  |  

Spendwisor, a US-headquartered mobile payment app with business offices and service locations in Qatar and the United Kingdom, has confirmed a QAR 190 million ($50 million) investment commitment from GEM Global Yield, a $3.4 billion Luxembourg-headquartered private alternative investment group. The company plans to use… Read More

 Tagged digital technology, europe, fintech adoption, fintech app, fintech services, gem global yield, investment round, khalid easa na al-kaabi, luxembourg, mena, mena region, middle east, mobile apps, msmes, pos, qatar, spendwisor, uk, united kingdom, united states, us

July 15, 2021 @ 11:20 pm By Omar Faridi  |  

Singapore-headquartered financial services tech firm, CrediLinq.Ai, reveals that it has acquired SGD 1.35 million through a new funding round. The Fintech lender says that it plans to transform how credit is underwritten to SMEs using advanced tech solutions that will be integrated within its lending… Read More

 Tagged aerion technologies, ai, artificial intelligence, b7 capital, brandon tee, creditlinq.ai, deep singh, investment round, jungle ventures, msmes, sandeep uberoi, singapore, small businesses, smbs, sme's, southeast asia

July 15, 2021 @ 8:36 pm By Omar Faridi  |  

Singapore-based Syfe, a digital or online wealth management company, has secured SGD 40 million through a Series B round. Syfe‘s investment round has been led by US-headquartered Valar Ventures, the VC fund co-founded by Peter Thiel, which led Syfe’s Series A round and was the… Read More

 Tagged dhruv arora, investment round, peter thiel, presight capital, singapore, southeast asia, unbound, valar ventures, wealth management