Surge a “rapid scale up program” for Southeast Asia, has announced its 7th cohort including 15 startups. Surge is operated by Sequoia Capital India and Sequoia Capital Southeast Asia. The accelerator actively partners with founders from a wide range of companies, across categories, including BYJUs,… Read More
Read more in: Asia, General News | Tagged accelerator, singapore
The team at Gemini are pleased to announce the launch of Gemini Staking, which allows you to seamlessly “receive staking rewards in [their] Gemini account.” As of August 18, you may “start staking MATIC on the Polygon network.” Ethereum (ETH), Solana (SOL), Polkadot (DOT), and… Read More
Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces | Tagged crypto tokens, crypto-assets, digital assets, digital tokens, dot, eth, ethereum, gemini, hong kong, matic, polkadot, polygon, singapore, staking, united states, us
FOMO Pay, a regulated major payment institution based in Singapore, has raised a $13 million Series A round led by Jump Crypto. Other investors in the round include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital. FOMO Pay provides a host of Fintech… Read More
Read more in: Blockchain & Digital Assets, Asia, Fintech | Tagged fomo pay, jump crypto, louis liu, payments, singapore, Tak Fujishima
Syfe, which claims to be a leading digital investment platform headquartered in Singapore officially launched in Australia. This is Syfe’s third market “after its launch in Hong Kong last quarter.” In July, Syfe celebrated its third anniversary and “revealed that it had reached a significant… Read More
Read more in: Fintech, Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces | Tagged australia, Business Expansion, crypto-assets, dhruv arora, digital assets, etfs, investment platforms, samantha horton, singapore, southeast asia, syfe, us stocks
Southeast Asia-based Regtech company Tookitaki recently revealed that it has launch operations in the Philippines via a collaboration with payment gateway provider Paymongo. Tookitaki is based in Singapore and offers comprehensive financial crime solutions to major financial institutions. Ahead of its launch, Tookitaki had teamed… Read More
Read more in: Asia, Regtech & Legaltech | Tagged abhishek chatterjee, Business Expansion, paymongo, regtech, regulatory technology, singapore, southeast asia, tookitaki
Nearly 70 female secondary students across 26 schools in Singapore got the opportunity “to develop technology solutions for real world problems” in the country’s second annual edition of GenerationTech – J.P. Morgan’s flagship youth program that “aims to close the gender gap in technology careers.”… Read More
Read more in: Fintech, Asia | Tagged j.p. morgan, jpmorgan, singapore, southeast asia, women in tech
Hodlnaut, a Singapore-based crypto platform, has halted all withdrawals, token swaps, and deposits – effective immediately. Holdlnaut is a crypto lending and borrowing platform that was founded in 2019 by Bitcoin maximalists Juntao Zhu and Simon Lee. Hodlnaut supported seven different digital assets: BTC, WBTC,… Read More
Read more in: Asia, Blockchain & Digital Assets, Featured Headlines, Investment Platforms and Marketplaces | Tagged hodlnaut, mas, monetary authority of singapore, singapore
Network for Electronic Transfers (NETS), which is Singapore’s payment services group, and National ITMX, Thailand’s inter-bank payment infrastructure and central data processing system, recently confirmed the expansion of their cross-border QR payment partnership. This collaboration will aim to support inbound and outbound international payments between… Read More
Read more in: Asia, Fintech | Tagged cross-border payments, Cross-Border Transactions, digital transactions, global payments, lawrence chan, nets, nets group, payments, singapore, southeast asia, thailand
Bitso, the cryptocurrency platform in Latin America with over 5 million users, and Everest, the “first” licensed crypto custodian offering stablecoins, announced their partnership to provide Everest users “with the ability to receive cross-border transactions from the US, Europe, and Singapore into Mexico.” The Mexico-US… Read More
Read more in: Fintech, Blockchain & Digital Assets, Global | Tagged bitso, bob reid, Cross-Border Transactions, crypto payments, custody, custody solutions, europe, everest, latam, latin america, mexico, payments, remittance, remittances, santiago alvarado, singapore, South America, southeast asia, stablecoin, stablecoins
The Monetary Authority of Singapore (MAS) has granted Digital Treasures Center (DTC) the Major Payment Institution (MPI) license. Securing the full license “means DTC has exited from the exemption status and is now a fully regulated provider (MAS license number: PS20200531) of Digital Payment Token… Read More
Read more in: Blockchain & Digital Assets, Asia, Fintech, Politics, Legal & Regulation | Tagged digital treasures center, DTC, major payment institution, mas, monetary authority of singapore, mp, operational license, singapore
Robocash Group, an operator of online lending and investment platforms, has announced that Natalya Ischenko is the new Chief Executive Officer and Ivan Adamovich is now Chief Financial Officer. Sergey Sedov, who founded and led the company will remain as Chairman of the Board…. Read More
Read more in: Asia, Global, Investment Platforms and Marketplaces | Tagged natalya ischenko, robocash, robocash group, sergey sedov, singapore
The Singapore government has posted a response to questions emanating from Parliament pertaining to the collapse of TerraUSD – LUNA. TerraUSD was an aspiring algorithmic stablecoin that was tied to LUNA. TerraUSD sought to maintain a US dollar peg but failed in its mission, thus… Read More
Read more in: Blockchain & Digital Assets, Asia, Politics, Legal & Regulation | Tagged luna, mas, saktiandi supaat, singapore, TerraUSD, tharman shanmugaratnam
Webull, a trading platform that offers both traditional securities as well as crypto, has launched services in Singapore, according to a corporate statement. Singapore residents have been able to trade using Webull since May accessing US-listed equities, ETFs, options, and fractional shares, as well as… Read More
Read more in: Asia, Fintech, Global | Tagged singapore, webull
The International Financial Services Centre Authority (IFSCA) and the Monetary Authority of Singapore (MAS) recently exchanged a Memorandum of Understanding (MOU) on supervisory cooperation “in the presence of the Honorable Prime Minister of India Shri. Narendra Modi at GIFT City, Gandhinagar, India.” The MOU provides… Read More
Read more in: Fintech, Asia | Tagged financial services, gandhinagar, ifsca, india, mas, monetary authority of singapore, MOU, ravi menon, Shri Narendra Modi, singapore, southeast asia
Singapore-based equity management company Qapita announced that it has completed the acquisition of India’s ESOP Direct via a full cash transaction. This should see Qapita secure complete ownership of ESOP Direct’s operating entities from its existing shareholders. With this strategic acquisition, Qapita should become one… Read More
Read more in: Asia, Fintech | Tagged acquisition, ESOP, india, qapita, ravi ravulaparthi, singapore, southeast asia
Singapore based Zipmex has filed for insolvency under Singapore law. According to a blog post, Zipmex attorneys have filed five applications under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 on behalf of several of the firm’s entities, aiming to gain global moratoriums… Read More
Read more in: Asia, Blockchain & Digital Assets, Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged insolvency, singapore, zipmex
Digital securities marketplace ADDX has listed a private credit fund managed by Helicap Investments. Helicap Fund I is the flagship fund of the company and it is designed to promote financial inclusion in South East Asia, according to a company statement. The Fund aims to… Read More
Read more in: Blockchain & Digital Assets, Asia, Offerings | Tagged addx, digital security, helicap, oi yee choo, singapore
The Monetary Authority of Singapore (MAS) and Google Cloud have jointly launched the Point Carbon Zero Program “to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.” The Program is “a collaboration under MAS’ Project Greenprint and seeks to use climate FinTech… Read More
Read more in: Asia, Fintech | Tagged climate change, dr. darian mcbain, eco-friendly, fintech adoption, fintech trends, google, google cloud, mas, monetary authority of singapore, singapore, southeast asia, sustainability
Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, announced a partnership with Singapore-based major payments institution FOMO Pay, which will “utilize Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows.” On-Demand Liquidity (ODL) leverages XRP, the digital asset “built… Read More
Read more in: Fintech, Blockchain & Digital Assets | Tagged brooks entwistle, cross-border treasury flows, distributed ledger technology, dlt, Enterprise Blockchain, fomo pay, louis liu, major payments institution, payments, ripple, ripplenet, singapore, southeast asia, xrp
The team at Zipmex noted in an update on July 22, 2022 that “just now, trade wallet withdrawals were re-enabled for our Global and Singapore users.’ Zipmex further revealed that they’re “working diligently with [their] partners so as to re-enable [their] withdrawal functionality to all… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged crypto-assets, digital assets, singapore, southeast asia, withdrawals, zipmex
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