Tagged: singapore

October 16, 2021 @ 7:08 pm By Omar Faridi  |  

KrediFazz, a subsidiary of FinAccel that operates as a P2P lending Fintech, has been issued a business license from the Financial Services Authority (OJK) via the Decree of the OJK Board of Commissioners Number: KEP-81 /D.05/2021, dated August 24, 2021. KrediFazz, a Fintech firm with… Read More

October 15, 2021 @ 1:30 pm By Tony Zerucha  |  

Singaporean Fintech Thunes, a provider of global cross-border payments, this week announced instant cross-border bank payments to Russia. The partnership will allow Thunes’ customers to make payments to any of Russia’s business and consumer bank accounts in near-real-time, the company said.  In 2019, the combined… Read More

October 14, 2021 @ 4:00 am By JD Alois  |  

Wiserfunding, a UK-based provider of credit risk assessment for SME lenders, has partnered with CrediLinq.Ai, a Singapore-based, AI credit platform. According to a company release, the partnership will seek to provide automated, fast, and credit risk assessment to Southeast Asian SMEs. The companies point to… Read More

October 13, 2021 @ 9:33 am By JD Alois  |  

Antler, a global VC firm active in the Fintech sector,  has closed over $300 in funding, according to a note from the company. Investors in the funds include Schroders, Vækstfonden, and Phoenix Group. Antler is committed to investing at the pre-seed stage, with the firm now… Read More

October 6, 2021 @ 10:55 pm By Omar Faridi  |  

METACO, the provider of security-critical software and infrastructure to the digital asset ecosystem, reveals that it has established its Asia Pacific headquarters in Singapore, “with a strong team managed by newly appointed Managing Director APAC, Patrick Enjalbal.” As mentioned in a release shared with Crowdfund… Read More

October 6, 2021 @ 10:15 pm By JD Alois  |  

Funding Societies has raised USD $18 million in debt capital led by Helicap Investments, the newly launched Social Impact Debt Fund, and a Japanese financial services group.  Helicap Securities acted as sole lead arranger on the secured credit facility. Funding Societies is based in Singapore… Read More

October 6, 2021 @ 8:10 pm By Omar Faridi  |  

Singapore-headquartered Qapita, provider of equity management software-as-a-service (SaaS) solutions, has secured $15 million via a Series A round. Qapita’s investment round was co-led by East Ventures (Growth Fund) and Vulcan Capital, along with contributions from NYCA and other existing investors such as MassMutual Ventures and… Read More

October 5, 2021 @ 6:00 am By JD Alois  |  

Former Goldman Sachs executive Sheila Patel has joined the board of Antler, according to a statement by the company. Patel said she was attracted to Antler by its unique model – particularly its global approach to investment and focus on fostering diversity. “Where entrepreneurs innovate,… Read More

October 3, 2021 @ 9:49 pm By Omar Faridi  |  

Japanese financial giant SBI Holdings, Switzerland’s crypto-asset bank Sygnum, and European asset management firm Azimut Group have introduced a VC fund of up to $75M that will be based in Singapore. It will focus on making investments in startups operating in the digital assets space…. Read More

October 3, 2021 @ 8:33 pm By Omar Faridi  |  

Southeast Asia-based wealth management platform StashAway reveals that it has introduced three thematic portfolios given its rising popularity that’s starting to eclipse more conventional equity products. The themes reportedly include tech enablers, the future of consumer technology, as well as healthcare innovation. StashAway‘s management reveals… Read More

October 3, 2021 @ 7:25 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS), the nation’s reserve bank and financial regulator, and Bank Negara Malaysia (BNM). the central bank of the Southeast Asian country, revealed that they are beginning a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment solutions. The initial… Read More

September 30, 2021 @ 10:18 am By Omar Faridi  |  

Matrixport, which claims to be Asia’s fastest-growing crypto-assets financial services platform, and MetaOpus, Non-Fungible Token (NFT) asset issuance and trading platform powered by BlockCreateArt (BCA) Network, have formed a partnership to provide NFT investors “best in class” custody solutions. As mentioned in an update shared… Read More

September 29, 2021 @ 4:00 pm By Tony Zerucha  |  

Bitcoin Latinum (LTNM) will list on cryptocurrency exchange DigiFinex in the third week of October. Monsoon Blockchain, Bitcoin Latinum’s lead developer, also plans for the token to list on a number of other global exchanges in the upcoming months. Headquartered in Singapore, DigiFinex says it… Read More

September 28, 2021 @ 4:29 pm By Omar Faridi  |  

Digital securities exchange ADDX reveals that it has tokenized an allocation from a private equity fund that is being managed by Partners Group, an international private markets investment company. As mentioned in a release shared with CI, the allocation from the Partners Group Global Value… Read More

September 27, 2021 @ 10:30 pm By Omar Faridi  |  

Y-Combinator-backed Aspire reveals that it has secured $158 million in capital via its Series B round. As noted by its management: “Aspire is the all-in-one finance operating system for growing businesses. We help companies pay, manage, and earn smarter – by doing more than a… Read More

September 23, 2021 @ 10:27 pm By Omar Faridi  |  

InvestaX (IC SG Pte Ltd) has introduced an exchange in the Monetary Authority of Singapore (MAS) sandbox, offering key infrastructure for “bringing liquidity to digital securities.” As mentioned in a release, InvestaX is a Singapore-based, MAS-licensed online investment and trading platform for Digital Securities (DSO)… Read More

September 22, 2021 @ 11:14 pm By JD Alois  |  

Incomlend, a global invoice financing marketplace and cross-border trade facilitator, has announced a new invoice financing program for a pan-European metal trading firm. Founded in Singapore and with offices around the world, Incomlend connects SMEs globally with communities of investors. This enables them to buy… Read More

September 21, 2021 @ 8:45 am By Omar Faridi  |  

bolttech, one of the fastest-growing global Insurtech unicorns, reveals that it has completed an extension of its $180 million series A round that was led by Activant Capital Group, bringing the series total to $210 million. As mentioned in a release, this is the largest… Read More

September 20, 2021 @ 7:35 pm By Omar Faridi  |  

NTUC Income, an insurance cooperative based in Singapore, recently revealed that it has introduced a micro investment-related plan (ILP) via the SNACK by Income mobile app. SNACK Investment has reportedly taken a stackable approach that enables clients to create their investment portfolios with bite-sized premiums… Read More

September 20, 2021 @ 7:18 pm By Omar Faridi  |  

XM Studios, a firm that’s backed by Heliconia Capital, reveals a new listing of exchangeable notes on digital securities investment platform ADDX – previously doing business as iSTOX. As mentioned in an update shared with CI, the deal secures SGD 4.5 million in additional capital… Read More