Malaysia retained its position as Southeast Asia’s top data center hub in 2024, attracting $23 billion in investments and solidifying its status as a leading digital hub, Knight Frank said Monday. The global property consultant, in its Data Centre Research Report 2024, noted Malaysia ranked… Read More
Indonesian digital investment app provider Bibit recently revealed that it had acquired over $80 million via a funding round that was led by GIC, along with contributions from Prosus Ventures as well as other existing investors. Bibit’s management noted that the capital secured will be… Read More
EstateGuru, a property-backed loan marketplace catering to retail investors, recently noted that they wanted to help users with moving loans out of their portfolio fast, so they can rebalance their projected earnings, or withdraw their cash in times of crisis/emergency. The EstateGuru team writes in… Read More
Vtivek Ravi, Product Manager in the Risk and Compliance Department at EstateGuru, a property-backed loan marketplace catering to retail investors, joined the company at their Tallinn office around seven months ago. Vivek notes that his goal is to learn more about the overall risk and… Read More
Scalable Capital, an online broker and one of Europe’s largest digital wealth management platforms, recently expanded its savings plan offering. Scalable Capital customers are now able to consistently save towards stocks, exchange-traded funds or ETFs, and virtual currencies, beginning at just 1 Euro savings rate…. Read More
Canada-based fintech and global digital investing service Wealthsimple announced on Monday it raised CAD$750 million through its latest investment round and now has a post-money valuation of CAD$5 billion. According to Wealthsimple, The round is led by Meritech and Greylock, with participation from DST… Read More
DBS (SGX:D05)/POSB retail clients are now able to access a new feature offered via DBS’ AI-enhanced financial and retirement planning tool, called NAV Planner, which will aim to offer specific investment recommendations that are well-suited for different investment profiles and requirements. Evy Wee, Head of… Read More
Uphold, a U.S.-based digital finance platform, announced on Wednesday it is set to acquire U.S. broker-dealer JNK Securities following regulatory approval from the Financial Industry Regulatory Authority (FINRA). Founded in 1993, JNK Securities is an execution-only trading firm with direct market access to the listed… Read More
Uphold, a U.S.-based digital finance platform, announced on Wednesday it is set to launch crypto-enabled credit/debit cards across Europe, following its acquisition of debit ad credit card issuer Optimus Cards UK. According to Uphold, Optimus is Electronic Money Institution (EMI) regulated by the… Read More
Austria-based digital investment platform Bitpanda announced on Wednesday it is now taking pre-orders for their first physical product, the Bitpanda Card. According to Bitpanda, the Bitpanda Card is a debit card facilitated by Visa and is linked to any asset in a user’s Bitpanda… Read More
Altruist, a fully-integrated digital investment platform for financial advisors, announced today it has closed an additional round of funding through its latest investment round, which will accelerate its mission of disrupting the custodial offering for independent advisors. According to Altruist, the investment round was led… Read More
Uphold, a U.S.-based digital finance platform, announced last week global customers can buy a Universal Gold (UPXAU), which is a physical-gold backed token issued by the Universal Protocol Alliance and backed by the Government of Western Australia. UPXAU is free to hold, government-backed, and spendable… Read More
Citi announced on Tuesday it has formed a new partnership with Cachematrix, a software as a service fintech firm that is focused on simplifying cash management, to launch refreshed digital investment platform. “The new Online Investments MMF solution will allow treasury professionals to manage their… Read More
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