Tagged: singapore

Stockholm’s Scila AB, a Provider of Trade Surveillance, AML Tech, Establishes New Singapore Office

Scila AB, the Stockholm-headquartered independent provider of trade surveillance, anti-money laundering and risk management tech, has established a new regional office in Singapore “covering the Asia-Pacific region.” As mentioned in a release, Scila has worked cooperatively with clients in the APAC region since 2009, and… Read More

Digital Securites Marketplace ADDX and Tokai Tokyo to Provide Security Tokens in Japan

ADDX and Tokai Tokyo will provde access to digital securities in Japan following the receipt of a security token license by the Japanese Financial Services Agency. ADDX, formerly known as iSTOX, is an online marketplace for digital securities including fractional shares. ADDX  has been approved… Read More

Fraxtor Celebrates $1.25M Pre-Series A Boost to Tokenized Real Estate Platform

Fraxtor, a Singapore-based real estate tokenization investment platform, has raised $1.25 million in a pre-Series A funding round, the company announced this week. The event saw participation from family offices such as Baksh Capital and Andes Fund Management. The funds raised will be utilized to… Read More

Tencent, Asian Institute of Digital Finance to Support Fintech Innovation in Asian Markets

Tencent revealed at the Singapore Fintech Festival 2021 that it will be teaming up with the Asian Institute of Digital Finance (AIDF), which is an institute within the National University of Singapore (NUS) that has been established by the Monetary Authority of Singapore (MAS), the… Read More

Finastra Integrates Thunes Payments Platform

Thunes, a global payments platform, will be integrated into Finastra’s SaaS payments connectivity platform – Fusion Total Messaging. According to Thunes, the new partnership will allowFinastra’s 8,600 customers to access new payment rails across 115+ markets, helping them to instantly send money. Dawei Wang, Head… Read More

Market Data Admin Platform, DataBP, Teams Up with Singapore Exchange

DataBP, the market data administration platform and service provider for exchanges, index and data providers, has announced that it is teaming up with the Singapore Exchange (SGX). SGX is reportedly joining a community of exchanges that will be leveraging DataBP’s platform and managed services to… Read More

P2P Lender Robo.cash Provides Loan Origination Updates for Q3 2021

Croatian P2P lender Robo.cash has shared the performance of its loan originators for Q3 2021. The Robo.cash team writes in a blog post, dated November 2, 2021, that today, they’re updating clients on the results of the Robo.cash loan originators in Q3. UnaPay, the Philippines… Read More

Shopping and Rewards Platform ShopBack Is Acquiring APAC Region’s BNPL Fintech hoolah

Shopping and rewards platform ShopBack announced on November 2, 2021 that it has obtained consent from shareholders of hoolah, a Buy Now, Now Later (BNPL) platform, for a 100% acquisition of the firm by ShopBack. hoolah, combined with ShopBack’s position as the publisher and shopping… Read More

Crypto Platform Coinhako Adopts Duco’s Services, a Cloud based Data Automation, Reconciliation Service

International provider of Cloud-enabled data automation and reconciliation services, Duco, confirms that digital currency platform, Coinhako, has adopted Duco’s services in order to automate and control its data management, supporting the firm’s growth objectives. Established in 2014, Coinhako is a platform for access to digital… Read More

Digital Securities: ADDX Launches First Crypto Fund by Trovio

ADDX (formerly operating as iStox), a digital securities exchange backed by the Singapore Exchange (SGX), has launched its very first product, according to a note from the company. ADDX has listed a crypto fund managed by Trovio Capital Management (TCM). The fund aims to a… Read More

Singapore’s FOMO Pay Teams Up with Predictive Blockchain Monitoring Platform, Merkle Science

Singapore-headquartered payments platform FOMO Pay has entered into a partnership with Merkle Science, a predictive blockchain monitoring and investigative platform, in order to improve its compliance, risk management and threat detection processes. Last month, FOMO Pay had been issued the Digital Payment Token (DPT) Service… Read More

Insurance Cooperative NTUC Income to Expand into Indonesia, Vietnam, Malaysia

NTUC Income, an insurance cooperative based in Singapore, has reportedly made its first efforts to expand into three other Southeast Asian markets including Indonesia, Vietnam and Malaysia. NTUC Income has entered strategic partnerships with PT Central Asia Financial (JAGADIRI) in Indonesia, Post and Telecommunication Joint… Read More

SFF Asian FinTech Association Roundtable – Virtual

SFF Asian FinTech Association Roundtable Understand the FinTech landscape across 8 countries in 90 minutes. Date: 11 Nov 2021 Time: 10 am – 11.30 am SGT Format: Fully Virtual Speakers Tomas Pokorny, Chair of Membership, Sponsorship and Community Committee, Cambodian Association of Finance and Technology… Read More

Monetary Authority of Singapore Announces Finalists for Global Fintech Hackcelerator

The Monetary Authority of Singapore (MAS) has announceed the finalists for the Global Fintech Hackcelerator and the Singapore Fintech Festival (SFF) Global Fintech Awards. These Awards are among “the key highlights of SFF 2021, which will take place from 8 to 12 November 2021,” according to… Read More

Singapore’s SME Financing Platform Validus Acquires KlearCard

Singapore-headquartered SME financing platform Validus has reportedly acquired KlearCard’s business payments and expense management tech platform. The financial terms of the deal have not been shared publicly. Established in 2015, Validus is Singapore’s largest SME financing platform focused on “unsecured lending to growing businesses.” The… Read More

Singapore Bank DBS Joins Hedera Hashgraph Governing Council, Enterprise Blockchain May Be Used to Improve Banking

Hedera Hashgraph reports that DBS, an international bank based in Singapore, has joined its Governing Council. This is the first Asian bank to join Hedera on its mission to expand the utilization of its enterprise blockchain ecosystem. DBS is expected to be integral in guiding… Read More

Gemini Earn Is Now Available for Hong Kong Clients

The team at digital assets firm Gemini are pleased to announce the launch of Gemini Earn in Hong Kong, enabling users to earn as much as 8.05% APY on their crypto-assets. With Gemini Earn, interest is earned and compounded on a daily basis, and you… Read More

Digital FX Hub Created by Deutsche Bank and Monetary Authority of Singapore Completes First Set of Transactions

Deutsche Bank (ETR: DBK) announced that it has completed “its first set of live trades on its electronic foreign exchange (e-FX) hub, based in SG1.” The e-FX hub, which was created with assistance from the Monetary Authority of Singapore (MAS), allows Deutsche Bank’s customers to… Read More

Atlas to Expand US Cryptocurrency Mining Operations in 100MW+ Deal with Compute North

Atlas Technology Group LLC, a leader in the digital asset space and one of the largest ASIC mining firms; and Compute North, a company focused on mining infrastructure, have announced a new hosting service agreement under which Compute North will offer more than  100MW colocation… Read More

Challenger FV Bank Receives Strategic Investment from NGC Venture

FV Bank, a challenger bank and digital asset custodian, has received a strategic investment from NGC Ventures.  The investment and partnership is expected to help drive FV Bank’s expansion throughout Asia. FV Bank said it raised USD $8 million as part of the funding round,… Read More

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