Tagged: asia

Korean Fintech HonestFund Secures $12 Million Through Series B Investment Round

HonestFund, a Korean fintech startup, announced on Wednesday it secured $12 million through its Series B funding round, which featured investments from Dunamu & Partners, MurexPartners, KB investment, TL Asset Management, Bass Investment, and HB Investment. HonestFund total investment amount is now $21 million. Founded… Read More

Monetary Authority of Singapore Announces New S$30 Million Cybersecurity Capabilities Grant

The Monetary Authority of Singapore (MAS) announced on Monday the launch of a new S$30 million Cybersecurity Capabilities Grant to strengthen the cyber resilience of the financial sector in Singapore and help financial institutions develop local talent in cybersecurity. According to MAS, the Grant was… Read More

KuCoin Teams Up With Simplex to Enable Credit & Debit Card Payments For Mainstream Crypto Users

KuCoin, a Singapore-based international cryptocurrency exchange, announced on Thursday it has formed a new partnership today with Simplex, an EU financial institution providing fraud-free payment processing solutions. According to KuCoin, the partnership will enable new as well as current KuCoin users worldwide to purchase crypto using their… Read More

DBS Bank Announces New MOU With UnionPay International

DBS Bank announced earlier this week it has signed an MOU with UnionPay International,a wholly owned subsidiary of China UnionPay, will enable more than one million DBS PayLah! users to use their mobile wallet overseas for cross-border QR code payments. According to DBS, DBS PayLah! users… Read More

BlockShow Partners With Bitfury to Bring Analytical Security Software to Singapore Blockchain Event

BlockShow, a blockchain event, announced on Tuesday it has formed a partnership with Bitfury, a full-service blockchain company, to bring the analytical security software Crystal to next week’s Singapore event. The duo revealed: “Crystal, which has assisted financial institutions and law enforcement in identifying and tracing criminal… Read More

CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN

CIMB Group (CIMB or the Group), ASEAN’s fifth largest bank, announced last week it has joined forces with Ripple to enable instant cross-border payments across its markets. The duo reported that through this new partnership CIMB will join RippleNet and connect with other Ripple customers, which reportedly has more than… Read More

Ping An’s OnConnect Set to Open New Singapore Office; Announces Plans to Expand Within Southeast Asian Region

OneConnect, a subsidiary of China’s insurance giant, Ping An, announced on Monday it officially opens in Singapore this month and is set to expand within the region at a rapid pace. The company reported that while it is the early days for OneConnect Singapore, the new office have already received overwhelming regional customer… Read More

Pundi X Moves Global Headquarters to Singapore

Pundi X (CURRENCY: NPXS), a global developer of blockchain-powered devices, announced on Thursday it has moved its global headquarters from Indonesia to Singapore. The company reported that it was expanding its international operations to Singapore in recognition of the country’s encouraging stance towards blockchain technology and rising… Read More

Chinese Fintech Pintec Forms Partnership With Beijing Evercare For Installment Financing

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has formed a new partnership with Beijing Evercare, a company that provides medical aesthetic treatments and health management service. Pintec reported that it will provide Beijing Evercare with an efficient and customized installment payment solution, enabling… Read More

Grab Teams Up With KASIKORNBANK to Launch Co-Branded Mobile Wallet in Thailand

Singapore-based ride-hailing company Grab announced on Thursday it has teamed up with KASIKORNBANK (KBank) to introduce GrabPay by KBank, a co-branded mobile wallet, as well as a suite of other financial solutions in Thailand. Grab reported that through the new partnership, it marks the expansion of its… Read More

Ping An Launches Blockchain-Powered Trade Finance Platform in Hong Kong

Ping An Insurance Group announced on Wednesday the launch of its blockchain-based international trade finance platform, eTradeConnect, in Hong Kong. According to Ping An, the new platform is initiated by seven founding banks in Hong Kong and facilitated by the Hong Kong Monetary Authority (HKMA). OneConnect,… Read More

Grab Teams Up With Mastercard to Offer Prepaid Credit Cards

Singapore-based ride-hailing company Grab has reportedly teamed up with financial giant Mastercard to launch its new prepaid credit cards. This news comes less than a month after Grab received its e-money license for mobile wallet service in the Philippines.  According to TechCrunch, the new deal with Mastercard will… Read More

Ping An Signs MOU With Merian Global Investors

Ping An Insurance Group announced on Tuesday that Ping An of China Asset Management (Hong Kong) Company Limited, (Ping An Asset Management (Hong Kong)), the wholly-owned subsidiary of the Group, has signed a Memorandum of Understanding (MOU) with Merian Global Investors (UK) Limited (Merian Global Investors), the… Read More

Ping An Announces Full Upgrading of Ping An Cloud; Now Offers Services to External Customers & Sets Up Strategic Partnership with GitHub

Ping An Insurance Group announced on Wednesday it has done a full update of its Ping An Cloud. The company reported the Cloud is entering a new phase of offering cloud services to external customers. As previously reported, Ping An is considered one of the largest… Read More

Asian Cryptocurrency Liquidity Provider Tilde Forms New Partnership With TradAir

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Tilde, a Singapore-based cryptocurrency liquidy provider, announced this week it has formed a partnership with institutional FX and cryptocurrency trading platform TradAir to launch new electronic cryptocurrency trades among institutional investors in Asia. Founded in 2018, Tilde states it provides over-the-counter (OTC) trading services to family… Read More

Bitmain Announces New Crypto Mining Chip

Bitmain-ASIC-chip

Bitmain Technologies, a China-based consumer-grade ASIC miner, announced last week the launch of its ASIC chip BM1391 for mining cryptocurrencies using the SHA256 algorithm. According to Bitmain, the  ASIC SHA256 algorithm acceleration chip integrates more than a billion transistors and is optimized for maximum efficiency. It… Read More

E-Commerce Platform KinerjaPay Launches P2P Lending Platform “KFUND”

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced on the launch of its new peer-to-peer (P2P) lending platform, KFUND. According to Kinerjapay, PT. Kinerja Simpan Pinjam has been officially registered and will manage KFUND brand as an online lender that focuses on micro-lending activities. Kinerjapay… Read More

Asian Fintech MC Payment Launches Instapay Services in Indonesia

Singapore-based fintech MC Payments announced on Thursday the soft launch of Instapay, a B2C payment platform targeting Indonesian Small-Medium Enterprises (SMEs) market. According to MC Payments, the payment platform enables merchants and their customers to simplify payment transactions, by using social messaging apps such as Whatsapp and Line to… Read More

Coinme Appoints Chris Rolling As New CFO

Chris Rolling

Coinme, a financial services and blockchain technology company, announced on Wednesday it has appointed Chris Rolling as its new CFO. According to Coinme, Rolling has more than thirty years of executive-level experience at public and private companies around the globe. He is set to help… Read More

Huobi Group Announces Huobi Chain Expert Advisory Committe Members

Huobi Group, a digital asset marketplace, announced last week the eight members of the Huobi Chain Expert Advisory Committee. According to Huobi, the  Huobi Chain expert advisory board will act as a “think tank” with each advisor having experience in academics, investment, and industry. The committee will also offer professional advice and support during the… Read More

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