Tagged: asia

November 6, 2017 @ 10:01 am By Samantha Hurst  |  

Pundi X, a blockchain startup that aims to make cryptocurrencies an enabler of cashless payment environments across South East Asia, announced on Monday the launch of its Know Your Customer (KYC) process to whitelist investors in preparation for its public Initial Coin Offering (ICO). Investors who… Read More

October 31, 2017 @ 12:09 pm By Samantha Hurst  |  

EMQ, a fintech company with an extensive payment network in Asia, announced on Tuesday it has formed a strategic partnership with QFPay, a global mobile payment and big data technology company from China, to deliver a secure and scalable infrastructure for mobile payments in the… Read More

October 30, 2017 @ 3:36 pm By Samantha Hurst  |  

Blockchain credit bureau MicroMoney announced over the weekend it is expanding its token distribution campaign into China and U.S. markets. This announcement comes just after the campaign generated $7.8 million. As previously reported, MicroMoney describes itself as a company that is focused on micro-financing in the… Read More

October 24, 2017 @ 11:57 am By Samantha Hurst  |  

China Rapid Finance Limited (NYSE: XRF), one of China’s largest consumer lending marketplaces, announced on Tuesday it has appointed Zhou Ji‘an, the Executive Director and General Manager of China United SME Guarantee Corporation (Sino Guarantee), to its board as a non-executive independent director. According to China Rapid Finance, Ji’an brings… Read More

October 19, 2017 @ 3:14 pm By Samantha Hurst  |  

On Thursday, Invest Hong Kong(InvestHK) announced its Hong Kong Fintech Education Week is set to take place on October 30th through November 3rd. According to InvestHK, the Fintech Education Week will follow immediately after the second annual Hong Kong Fintech Week and aims to bring… Read More

October 19, 2017 @ 11:16 am By Samantha Hurst  |  

Digital currency for payments Dash announced on Thursday it has been listed on QRYPTOS, a crypto-only trading platform, and crypto-fiat exchange QUOINEX. Both trading platforms were launched by Japanese fintech company QUOINE. According to Dash, QUOINEX is described as one of the first Financial Services… Read More

October 12, 2017 @ 10:09 am By Samantha Hurst  |  

Japan-based fintech firm QUOINE announced on Thursday it has entered into a Memorandum of Understanding (MOU) with ULS Group to create the QASH Blockchain. According to QUOINE, the QASH token is based on the Ethereum blockchain for the ICO, but the company will do a token swap to utility tokens based on the… Read More

October 4, 2017 @ 9:26 am By Samantha Hurst  |  

Japan-based fintech firm QUOINE announced on Wednesday the launch of its global Initial Coin Offering (ICO) to build a global crypto economy liquidy platform. This news comes just a few months after the company launched its full digital cryptocurrency exchange and trade platform. Speaking about the ICO, Mike… Read More

September 29, 2017 @ 12:02 pm By Samantha Hurst  |  

Singapore’s and Southeast Asia’s SME crowdfunding platform Funding Societies announced on Friday it was named the first southeast Asia company to win the Global SME Excellence Award from United Nations’ ITU Telecom, which was held this year in Busan, South Korea. This news comes just days after… Read More

September 27, 2017 @ 10:27 am By Samantha Hurst  |  

On Wednesday, Deloitte announced the winners of the inaugural Technology Fast 20 Hong Kong program. The top three companies are WeLab Holdings Limited, SenseTime Group Inc., and GoGo Tech Holdings Limited. While sharing details about the program, Philip Law, Deloitte TF20 Hong Kong Program Leader,… Read More

September 26, 2017 @ 2:33 pm By Samantha Hurst  |  

San Francisco-based fintech Ripple has announced the opening of its new Singapore office. This news comes just one month after the company opened its India office. While sharing details about the new office, Dilip Rao, managing director for Ripple APAC, reportedly stated: “Singapore is leading the… Read More

September 22, 2017 @ 8:49 am By Samantha Hurst  |  

Prosper announced on Thursday it has secured a $50 million Series G investment from an investment fund co-managed by FinEX Asia. The online lender revealed that the investment brings its total equity raised to $410 million to date and it will be used to make strategic investments in… Read More

September 18, 2017 @ 11:42 am By Samantha Hurst  |  

InstaReM (IE instant remittance), a Singapore-headquartered fintech start-up that convenient, fast and cost-effective cross-border money transfers to individuals and businesses, announced on Monday it has received regulatory approval from the Reserve Bank of India (RBI) for facilitating overseas remittances from India. InstaReM stated its plans to… Read More

September 16, 2017 @ 11:24 am By Samantha Hurst  |  

Cloud Lending Solutions, a cloud-based lending platform, announced earlier this week it has formed a partnership with Fujitsu Limited, an information and communication technology (ICT) company, to bring cloud-based lending to its business practice, starting with Japan. Cloud Lending reports that the partnership presents a tremendous… Read More

September 5, 2017 @ 10:30 am By Samantha Hurst  |  

Private equity fund manager Senturia Capital has reportedly announced a partnership with peer-to-peer financing platform Funding Societies to expand alternative financing access and capital solutions for Malaysian businesses. According to The Star, Senturia Capital managing director, Datuk Marco Yap, revealed that the partnership with Funding… Read More

August 31, 2017 @ 4:45 pm By Samantha Hurst  |  

On Thursday, Hong Kong-based payments and cryptocurrency platform Monaco announced the launch of its new mobile app, which gives users a simplified way to buy, spend, and earn cryptocurrency cashback on all transactions. While sharing details about the app, Kris Marszalek, co-founder and CEO of Monaco, stated: “We… Read More

August 7, 2017 @ 3:40 pm By Samantha Hurst  |  

On Monday, Indonesia-based peer-to-peer lending platform UangTeman announced it successfully secured $12 million during its Series A funding round, which was led by K2 Venture Capital, with participation from STI Financial Group and Draper Associates. Launched in April 2015, UangTeman describes itself as an online lending… Read More

July 18, 2017 @ 8:37 am By Samantha Hurst  |  

Startupbootcamp FinTech Singapore, a global accelerator that is focused on innovation in financial services, announced on Tuesday its 2017 cohort of startups have secured more than 70 pilots, clients, and key partnerships, with hundreds more in the pipeline. This announcement comes just on the bank… Read More

July 14, 2017 @ 12:00 pm By Samantha Hurst  |  

CreditEase Wealth Management announced on Thursday it has recently been approved by the U.S. Securities and Exchange Commission (SEC) to become a registered investment advisor (RIA). The firm may now provide advice to investors in the U.S. Speaking about the RIA process, Dr. Fan Gal,… Read More

July 10, 2017 @ 2:32 pm By Samantha Hurst  |  

On Monday, Stripe announced it is officially launching its services in Hong Kong. The payments startup revealed that local companies can now access the full Stripe features such as Stripe Radar, Connect with Custom accounts, and 3D Secure support. “While in preview, we’ve been able to work with many of the fastest-growing… Read More