Tagged: singapore

Digitial Securities Marketplace ADDX Tokenizes PE Fund of Funds

Singapore Marina Prominade

ADDX, licensed by the Monetary Authority of Singapore (MAS) to facilitate the issuance and trading of digital securities, will list a private equity fund of funds on its marketplace. ADDX has partnered with Fullerton Fund Management, an Asia-based investment specialist, to offer the Fullerton Optimised… Read More

AI Pioneer Red Dot Analytics Teams Up with MetaVerse Green Exchange to Support Carbon Neutral Data Centers

Pollution Industry Smokestack thijs stoop unsplash

MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS) and industrial AI pioneer Red Dot Analytics (RDA), a deep tech spin-off from Nanyang Technological University (NTU), Singapore, have announced a collaboration “to enable greater sustainability in… Read More

Digital Transformation: QR Code Payments Increasingly being Adopted Globally, Research Report Reveals

QR Code Fintech Insider

In the United Kingdom, the general population has become “far more accustomed to the use of QR codes, with the requirement of NHS Test and Trace check-ins in public spaces,” according to an update from Juniper Research. The report from Juniper notes that this  method… Read More

Coinhako Acquires MPI License to Offer Digital Payment Token Services in Singapore

Marina Bay Sands Hotel Singapore Asia

The team at Coinhako is pleased to confirm that their firm has been granted the Monetary Authority of Singapore’s (MAS) official approval “for a Major Payment Institution (MPI) license.” Securing the full license means that the firm will be able “to legally operate as regulated… Read More

Singapore based Digital Asset Investment Firm KoinBasket Acquires $2M via Pre-seed Round

Marina Bay Singapore Asia

KoinBasket, a Singapore-headquartered digital asset investment platform, recently finalized a $2 million pre-seed round. KoinBasket says that it plans to use the proceeds from the investment round to further expand its professional team and onboard talent. The round has reportedly been led by investors such… Read More

Real-Time Payments “Evolution” Underway as APAC Seeks Growth Frontiers: Report

matthieu buhler Asia Pacific unsplash

Asia-Pacific is getting ready for the next phase of its real-time payments journey as the region’s key service providers look for new growth opportunities and prepare “to enter the next stage of their real-time payments development.” This, according to the third edition of Prime Time… Read More

Finbots.AI, a Firm Providing AI for Banks, Financial Services, Raises $3 Million Series A

Sanjay Uppal Founder and CEO Finbots.AI

  Finbots.AI, an “Artificial Intelligence-envisioned” firm for financial services, has raised $3 million in a Series A round funded by a single investor – Accel. The VC made the investment via its Fund VII and is said to be the first external investment Finbots.AI has raised…. Read More

Blockchain Association Singapore to Collaborate with BNY Mellon

Blockchain Association Singapore BNY Mellon

Blockchain Association Singapore (BAS) has announced a partnership with BNY Mellon, a global bank based in New York City. BNY Mellon has had a presence in Singapore since 1974. Singapore has long been a robust Fintech hub in Southeast Asia. BNY Mellon also said it… Read More

OCBC Bank to Work with Metaverse Green Exchange to Tokenize Carbon Credits

Gabriel Wong MVGX Dr Bo Bai of MVGX Lee Shyong of OCBC Bank and Elaine of OCBC

OCBC Bank and MetaVerse Green Exchange (MVGX) – both based in Singapore, will partner on a digital exchange for carbon credits. MVGX is a “digital green exchange” licensed and regulated by the Monetary Authority of Singapore. OCBC Bank is the longest established Singapore bank and… Read More

Digital Asset Marketplace Zipmex Reports Partnership with National Rugby League

Zipmex at 2022 National Rugby League 20220310

Digital asset marketplace Zipmex has announced a new partnership with the National Rugby League, A-League and community sports teams in Australia. The goal is to broaden exposure and understanding of crypto markets. The partnership includes professional teams Penrith Panthers Rugby League Football Club and Central… Read More

Australia, Singapore to Deepen Fintech Collaboration

Australia

Australia Treasury and the Monetary Authority of Singapore (MAS) recently signed the Australia-Singapore Fintech Bridge Agreement in order “to strengthen cooperation between the Fintech ecosystems of both countries.” The commencement of discussions to develop the Fintech Bridge was “announced in June 2021, when Australian Prime… Read More

Digital Securities: Singtel, UOB and ADDX Price Singapore’s Largest Foreign Currency Digital Bond

Singapore

ADDX, a full-service capital markets platform with Monetary Authority of Singapore (MAS) licenses for the issuance, custody, and secondary trading of digital securities, along with Singtel and UOB have priced Singapore’s largest foreign currency digital bond, to date. Digital bonds, or tokenised bonds, are issued… Read More

Payments Fintech Thunes Purchases Majority Stake in AML Firm Tookitaki

Investigation Money Inquiry

Thunes has purchased a majority stake in Tookitaki Holding Pte Ltd. According to a statement from Thunes, the company invested over $20 million Thunes is a Singapore-based payments Fintech. Tookitaki is a compliance firm providing anti-money laundering (AML) and know your customer (KYC) services, as… Read More

Ant Group Partners with Payments Platform 2C2P, Will Become Majority Shareholder

Ant Financial Office

Ant Group, an offshoot of Alibaba and the owner of the largest payment platform in China – Alipay, has partnered with 2C2P – a global payments platform. Simultaneously it was announced that Ant Group will become the majority shareholder of 2C2P upon completion of the… Read More

FOMO Pay Introduces Crypto Payment Solution for Singapore Clients

Marina Bay Sands Hotel Singapore Asia

Retailers in Singapore can now accept digital payment tokens (DPT), through a new cryptocurrency payment solution introduced by Singapore-based Major Payment Institution FOMO Pay. The new payment method intended for retailers is reportedly “the first such to be developed by a Digital Payment Token (DPT)… Read More

Terraform Labs “Donates” LUNA Tokens Valued at $880 Million

Giveaway Share Give Donate Coins sharon mccutcheon unsplash

Terraform Labs has completed a “mind-blowing transaction” according to a blog post as it donates 10 million $LUNA at a value of around $880 million. TFL has gifted an additional 10 million $LUNA to the @LFG_org. https://t.co/tNirkgGGm0 — Terra (UST) 🌍 Powered by LUNA 🌕… Read More

Part of Ping An Group, OneConnect to Offer Banking as a Service in Partnership with Pismo

Vishal Dalal CEO North America Europe and Asia Pismo and Tan Bin Ru CEO Southeast Asia OneConnect Financial Technology

OneConnect Financial Technology Co., Ltd, part of the Ping An Group, has signed a 10-year exclusive strategic partnership with Pismo, a banking Software-as-a-Service (SaaS) provider. According to a company statement, OneConnect current services will be augmented by Pismo’s “multi-tenant SaaS platform” to serve a broader… Read More

Digital Banking: ZA Tech Now the Latest Investor in Aladin Bank – Indonesia’s Sharia Virtual Bank

Hong Kong Money Sparkle AI

Hong Kong – ZA Tech Global Limited, a Singaporean tech venture founded by ZA International and backed by Softbank’s Vision Fund 1, has become “the latest strategic partner to collaborate with Aladin Bank as an investor and a business partner, and is fully committed to… Read More

Nexum Foundation Uses Blockchain to Offer Carbon Credits Exchange

Factory Detroit Michigan

Nexum Foundation and The Climate Group Africa aim to disrupt the shipping industry, according to a public release. Nexum Foundation has reportedly agreed to provide its technology platform to power a new carbon credits exchange using blockchain technology. In partnership with HBKDOP Dubai, UAE, and… Read More

Conversational Messaging Company Gupshup Acquires Finance-Focused Conversational AI Firm Active.Ai

Telephone Communicate Talk Call

Gupshup, a conversational messaging platform, this week announced it has acquired Active.Ai, a conversational AI platform popular with banks and fintechs. The terms of the deal were not made public. Based in Singapore, Active.Ai distributes its Conversational Banking-as-a-Service platform to customers in 43 countries, including the… Read More

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