Tagged: apac

October 22, 2023 @ 9:39 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Lien Viet Post Joint Stock Commercial Bank (LPBank), one of the top 10 private commercial banks in Vietnam in terms of assets and equity, has selected Temenos in order “to modernize its core banking platform for retail and corporate banking.”… Read More

October 22, 2023 @ 6:42 pm By Omar Faridi  |  

Nium, the real-time global payments provider, has expanded its B2B travel payments offering in the Asia Pacific (APAC) region, “building on rising demand for its virtual card solution offering globally.” Travel intermediaries and operators use Nium’s virtual card solution “to efficiently pay suppliers around the… Read More

October 16, 2023 @ 9:49 pm By Omar Faridi  |  

EaseMyTrip.com, one of India’s largest online travel platforms, announced its strategic partnership with Cover Genius, the insurtech for embedded protection. By integrating with XCover, Cover Genius’ global distribution platform, EaseMyTrip customers can add Cancel For Any Reason (CFAR) travel protection “along with the embedded comprehensive… Read More

October 15, 2023 @ 2:44 pm By Omar Faridi  |  

Neo contributes almost $8M HKD to nurture start-up projects and foster the development of Hong Kong’s Web3 industry. Winners from Neo’s APAC Hackathon will join “an accelerator program alongside candidates from Hong Kong’s leading Web3 developer base.” Neo, the open-source, community-driven blockchain platform where developers… Read More

September 28, 2023 @ 10:47 pm By Omar Faridi  |  

Currencycloud, the Fintech focused on simplifying business in a multi-currency world, has more than tripled its Chinese customer growth rate across Asia-Pacific since establishing its APAC headquarters in 2021, “with its Chinese client base expanding from four to 12 organisations across the region.” As one… Read More

September 28, 2023 @ 10:32 pm By Omar Faridi  |  

Pravjit Tiwana, CEO APAC and Global CTO at Gemini, notes that in May, they announced the launch of Gemini’s Gurgaon technology development center in India. Now, Gemini are pleased to build on that announcement and reveal that they have opened their office “within the Cyber Hub… 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 11, 2023 @ 9:22 am By Omar Faridi  |  

Finery Markets, an OTC multi-dealer electronic marketplace for crypto businesses and institutions, is pleased to announce a further appointment to the leadership team. Krish Chatterjee has joined Finery Markets as an advisory member for business development in APAC. Prior to joining Finery Markets, Krish held… Read More

August 21, 2023 @ 3:39 pm By Omar Faridi  |  

Qraft Technologies, an invest-tech company specializing in artificial intelligence investing solutions, has formally entered into a strategic partnership with Hex Trust, the institutional-grade digital asset custodian licensed across global financial hubs. With the signing of the Memorandum of Understanding (MoU), Qraft will “develop digital asset… Read More

August 19, 2023 @ 6:49 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, has selected Temenos in order “to modernize its core banking platform, helping the bank, which serves seven million Filipinos, to quickly launch new banking products and scale… Read More

August 19, 2023 @ 3:35 pm By Omar Faridi  |  

Elliptic – the global leader in crypto-asset risk management – is proud to announce that it has been selected by OpenEden Labs Pte. Ltd. – a developer of real-world asset tokenization platforms – as a partner for the TBILL protocol, which is the world’s first… Read More

July 31, 2023 @ 7:24 pm By Omar Faridi  |  

Global Fintech revenue is expected to increase around 6x from current levels between 2021 and 2030 and could hit $1.5 trillion. The APAC region is expected to claim a significant portion of that total, representing around 40% of international Fintech revenue or totaling about $600… Read More

July 26, 2023 @ 3:32 pm By Omar Faridi  |  

Currencycloud, which claims to be the expert team simplifying business in a multi-currency world, has partnered with Malaysia-based GAT Investment Bank in order to launch GAT Money, an app offering an alternative solution to new clients who “need a global banking solution which offers access… Read More

July 20, 2023 @ 10:51 pm By Omar Faridi  |  

Sumsub announces its plans to make Singapore its APAC headquarters and wider business development goals in the region. This strategic move comes in response “to the escalating threat of identity fraud in the region with the rise in digital startups.” In recent years, Singapore has… Read More

July 10, 2023 @ 10:50 pm By Omar Faridi  |  

Australian-born payments company Airwallex has appointed Luke Latham as General Manager for its Australia and New Zealand business. Latham joins Airwallex following senior roles “with Amazon, Amazon Web Services, Groupon and most recently as Chief Operating Officer for MILKRUN.” Airwallex CEO and Co-founder Jack Zhang… Read More

July 8, 2023 @ 9:02 am By Omar Faridi  |  

Singlife recently signed a Memorandum of Understanding with Microsoft (NASDAQ: MSFT) to support high-growth insurance startups to adopt generative artificial intelligence (AI). Singlife is the first financial services partner “to collaborate with Microsoft for the Startups Programme in ASEAN for budding insurtech startups to scale… Read More

July 1, 2023 @ 9:18 am By Omar Faridi  |  

PETRONAS has announced the selection of 20 startups from across Asia Pacific to participate in the third edition of PETRONAS FutureTech, an intensive technology accelerator program. FutureTech 3.0, “co-organized with StartupX Pte. Ltd., a Singapore-based innovation, venture and startup enabler, marks a significant milestone as… Read More

June 27, 2023 @ 10:12 pm By Omar Faridi  |  

A total of 2,765 mergers and acquisitions (M&A) deals were announced in the Asia-Pacific (APAC) region during January to May 2023, “a decline of 16.3% compared to the 3,304 M&A deals announced during the same period in the previous year,” finds GlobalData, a data and… Read More

June 25, 2023 @ 7:16 pm By Omar Faridi  |  

A provider of digital payment solutions in the Asia Pacific, AsiaPay has announced the partnership with PayMe by HSBC in Hong Kong “to help local merchants provide more flexible payment options in a single device and enhance the purchase experience for consumers.” The partnership will… Read More

June 22, 2023 @ 9:10 am By Omar Faridi  |  

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). This license will allow… Read More