September 26, 2023 @ 8:47 pm By Michael Wong  |  

The Asia Pacific region continues to hold on to its position as the top source of global capital in H1 2023, with Singapore, Hong Kong, and Japan seizing spots among the top five global deployers of capital. Colliers’ recently published Global Capital Markets: Insights &… Read More

September 26, 2023 @ 8:44 pm By Michael Wong  |  

iStudio, an Apple Premium Reseller in Singapore, has recently partnered with Triple-A, a crypto payment gateway sanctioned by the Monetary Authority of Singapore (MAS) to allow customers to make purchases using cryptocurrencies at selected iStudio stores. The iStudio stores include those in Jurong Point, Tampines… Read More

September 26, 2023 @ 8:35 pm By Omar Faridi  |  

A total of 9,527 deals (mergers & acquisitions (M&A), private equity, and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to August 2023, which was “a decline of 21.5% over the 12,142 deals announced during the same period in 2022,” according… Read More

September 26, 2023 @ 8:26 pm By Michael Wong  |  

Singapore multinational banking and financial services firm OCBC has announced that the OCBC Pay Anyone app will be retired in October, with the exact date to be confirmed soon. This is part of OCBC’s commitment to offer an enhanced app experience by integrating the features… Read More

September 26, 2023 @ 3:41 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement hammering the Federal Trade Commission (FTC) and its legal assault on Amazon. Earlier today, the FTC sued Amazon for “illegally maintaining monopoly power.” The FTC claims that  Amazon has pursued a “pattern of… Read More

September 26, 2023 @ 3:06 pm By Omar Faridi  |  

Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the findings of its 6th annual Business Barometer ― an in-depth study of the mood, mindset, and strategic priorities “of 1,250 leaders of small and midsize businesses across the U.S.” Business leaders… Read More

September 26, 2023 @ 2:59 pm By Omar Faridi  |  

Consensys announced a partnership with Protocol Labs aimed to support leading blockchain ventures and startups through Consensys Scale (formerly Consensys Startup Program). Builders in the Scale program now have access to Protocol Labs’ experience in “supporting hundreds of founders in their entrepreneurial journey.” Protocol Labs… Read More

September 26, 2023 @ 11:12 am By Omar Faridi  |  

Gemini says that it continues to be focused on crypto innovation by allowing users to add passkeys “for two-factor authentication to their accounts.” As explained in a blog post by Gemini, passkeys provide two major advantages “over other account authentication methods: increased security and ease… Read More

September 26, 2023 @ 11:08 am By JD Alois  |  

Fintech-focused venture capital firm Luge Capital is reporting it has raised $71 million for its second fund to invest in Fintechs in both the US and Canada. Fund investors include returning investors CDPQ, Desjardins, BDC Capital, Sun Life, Industrial Alliance Financial Group (iA), Fonds de solidarité FTQ, and new investor Inovia Discovery Fund I. Founded… Read More

September 26, 2023 @ 10:44 am By Omar Faridi  |  

Assemble users can now view Carta Total Compensation benchmarking data and cap table information within the Assemble platform, making it easier to “build a startup compensation strategy.” In the past, Assemble customers had “to log in to Carta separately to access Total Comp or their… Read More

September 26, 2023 @ 10:40 am By JD Alois  |  

Online business lender service Biz2X has partnered with TAB Bank, a Utah-based digital ban that targets SMEs. Biz2X is a subsidiary of Biz2Credit Inc., an online direct lender. Rick Bozzelli, President and CEO of TAB Bank, said the partnership will help them streamline their business lending… Read More

September 26, 2023 @ 10:29 am By Omar Faridi  |  

Coincover, the blockchain protection company, announces the appointment of its new Chief Commercial Officer, Ridhima Durham, who joins at a critical time following its recent successful funding round in January and rebrand in July. Ridhima joins Coincover from Salary Finance where she “spent four years… Read More

September 26, 2023 @ 9:14 am By JD Alois  |  

Mangopay, a very successful European Fintech, has revealed a partnership with publicly traded VTEX (NYSE: VTEX), according to a company statement. VTEX is a digital commerce platform that serves big companies with more than 2600 customers. Mangopay is a payments infrastructure firm that has garnered… Read More

September 26, 2023 @ 9:01 am By Omar Faridi  |  

High interest rates, continued uncertainty and low productivity could see the UK struggle to keep its head above water “in the second half of the year – with GDP growth forecast at 0.4% in 2023 and 0.3% in 2024,” according to KPMG’s latest UK Economic… Read More

September 26, 2023 @ 8:52 am By Omar Faridi  |  

Nearly nine in ten Americans believe it is time to update the financial system, but progress is being slowed “by resistance of those in power who embrace the status quo: outdated systems that limit economic freedom and opportunity for everyday Americans,” according to an updatre… Read More

September 26, 2023 @ 8:40 am By Omar Faridi  |  

Standard Life, part of Phoenix Group, which claims to be the UK’s largest long-term savings and retirement business, has partnered with Moneyhub, the Open Banking and Open Finance platform, to deliver its pensions dashboard. This marks the first UK provider to commit to offering a… Read More

September 26, 2023 @ 8:36 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd (TSX: GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sectors, announced that Leon Marshall has been named Chief Executive Officer of Europe. In this newly formed role, Mr. Marshall will be “responsible for overseeing… Read More

September 25, 2023 @ 11:57 pm By Omar Faridi  |  

KPMG has shared its economics report which finds house / property prices are expected “to rise gradually over next nine months and then surge in FY25.” In Australia, home / real estate prices will “rise nationally by 4.9% over the next 9 months and then… Read More

September 25, 2023 @ 11:50 pm By Michael Wong  |  

Hong Kong-based crypto firm Mixin announced that hackers have managed to steal around $200 million from its database. In a post on social media platform X, the company, which describes itself as a network for transferring digital assets, said the database of Mixin Network’s cloud… Read More

September 25, 2023 @ 10:59 pm By Michael Wong  |  

The Asian Development Bank (ADB) has approved a $500 million loan to bolster Indonesia’s progressive endeavors in streamlining investment climates, fortifying trade, and advancing enterprises. The approval is an extension of the Competitiveness, Industrial Modernization, and Trade Acceleration Program (CITA), following the success of its… Read More