Tagged: singapore

Robocash to Provide Path for European Investors to Invest in Singapore

Robo.cash, a European peer to peer lending platform operating within the European Union and Switzerland, is now providing a path for European investors to invest in Singapore, according to a company release. The Robocash Group reports that it has integrated its in-house P2P lending platform… Read More

Fintech Firms in Vietnam Acquired $410 Million in Funding During First 9 Months of 2019

Fintech companies in Vietnam acquired $410 million, or 36% of the total global capital invested into Southeast Asia’s economies between January and September of this year, which is right behind Singapore. Vietnam’s market share of regional VC funding allocated to Fintech-related projects increased from only… Read More

Regtech: Centenal, CustomerXP, Dathena, IDfy, Merkle Science are the Top 5 Asian Regulatory Tech Firms according to Regtech100

Regtech100 recently published its latest list of the world’s top or best 100 regulatory technology (Regtech) firms. There were five Regtechs on the list that are based in Asia. Regtech100 compiles a list of the 100 most innovative Regtech firms each year. The list aims… Read More

Switzerland based Fintech Incubator and Accelerator F10 Sets Up Shop in Singapore

Switzerland based Fintech Incubator & Accelerator F10 has set up a new office in Singapore to expand its reach in the world of Fintech. Singapore is a well established Fintec hub due to the exceptional support by the Singaporean government and financial regulators. F10 said… Read More

Singapore-based OCBC Bank Now Lets Companies Open Business Accounts Right After Incorporation

Companies based in Singapore are now able to instantly open a business banking account with the Oversea-Chinese Banking Corporation, Limited (OCBC) Bank (SGX: O39), a multinational banking and financial services corporation. According to the announcement, local startups are now able to open an OCBC account… Read More

Former Morgan Stanley Executives Plan Launch of Crypto Derivatives Exchange Phemex

A group of former Morgan Stanley executives is launching a crypto derivatives exchange in a move to rival the CME. Phemex, a trading platform that claims to be able to manage 300,000 TPS, is said to be on par with the technical capabilities of the… Read More

Singapore-based Proptech Firm Fraxtor Aims to Democratize Investment in Real Estate

Property investment for the average person usually involves making investments in projects that have already been completed. However, there’s now an opportunity to invest in property projects before they’re actually completed. This has been made possible by leveraging blockchain technology. It can take several years… Read More

Singapore-based Fintech Firm FinAccel Raises $90 Million via Series C Round Led By Asia Growth Fund, Square Peg

Singapore-based FinAccel, a Fintech firm that allows Indonesian consumers to purchase items online and make payments later under the Kredivo brand, has secured $90 million via a Series C equity funding round. The funds will be used to expand the firm’s operations in Indonesia. According… Read More

Blockchain Network Zilliqa to Use Elliptic’s Risk Management Tools to Enhance Platform Infrastructure Security and Compliance

Zilliqa, a blockchain-based platform that aims to deliver high-throughput and high-security, has teamed up with Elliptic, a provider of digital asset risk management software for crypto firms and financial institutions. According to a press release shared with Crowdfund Insider, the partnership between Zilliqa and Elliptic… Read More

Singapore: Osome Raises $3 Million in funding, Plans UK and Hong Kong Expansion

Osome, a Singapore-based service for entrepreneurs, has raised $3 million in funding led by Target Global, with participation from Phystech Venture and AdFirst, according to a company release. Last year, Osomo raised a $2 million – once again led by Target Global. Osome claims to… Read More

Australia-UK “Fintech Bridge” Is Under-Utilized, as there’s Significant Potential for New Agreements, Says Aussie Senator Jane Hume

Australia’s Senator Jane Hume has suggested that there’s significant potential for new international agreements to lead the nation’s Fintech companies into emerging financial markets. Hume pointed out that Australia’s present agreement with the UK to promote exports of Australia’s financial technology has not been used… Read More

China: WeiyangX Fintech Review

The People’s Bank of China Releases China’s Green Finance Development Report (2018) In order to introduce China’s achievements and experience in green finance, the People’s Bank of China (PBC) has worked with relevant authorities and organizations to compile the annual China’s Green Finance Development Report… Read More

Singapore: Blockshow Asia Top 5 Takeaways on Blockchain & Crypto

Singapore at Night Marina Bay

Recently, Blockshow Asia took place in Singapore. While Crowdfund Insider was not able to attend this year’s event, organizers have forward some of the top takeaway items for this year and the following year. Below is a selection of commentary generated by speakers at the… Read More

Singapore Fintech Festival Reports Over 60,000 Participants this Year

The Monetary Authority of Singapore (MAS) sponsored Singapore Fintech Festival attracted over 60,000 participants this year. The week-long event that recently ended saw registrations from 140 different countries along with 569 different speakers, 1000 exhibitors, and 41 international pavilions. This is according to MAS. Singapore… Read More

Payments Platform NIUM Partners with Brazilian Foreign Exchange Broker Frente Corretora de Câmbio

NIUM, a digital payments platform based in Singapore formerly operating as InstaReM, has partnered with Frente Corretora de Câmbio, a leading foreign exchange broker in Brazil. NIUM will power Frente’s cross border payments, according to a release. The move as a significant step for NIUMs… Read More

Digital Securities Platform iSTOX Raises $5 Million in Funding Led by Tokai Tokyo Financial Holdings

iSTOX, a regulated capital markets platform that provides digital security issuance and trading, has raised $5 million in funding from Tokai Tokyo Financial Holdings. According to a release from iSTOX, the funding also brings a valuable partnership that provides a gateway to accredited and institutional… Read More

Regtech: AML and Counter-Terrorism Financing Firm Silent Eight Raises $6.2 Million via Series A Round

Silent Eight, a Singapore-based regulatory technology (Regtech) company, announced on November 14 that it had raised an oversubscribed $6.2 million through a Series A investment round. The funds raised will be used to recruit new talent in order to support Silent Eight’s new clients who… Read More

Monetary Authority of Singapore Works with Financial Sector on Framework for AI and Big Data

The Monetary Authority of Singapore (MAS) is working with financial industry partners to create a framework for financial institutions on the responsible adoption of Artificial Intelligence (AI) and Data Analytics (AIDA). The new framework has been given the name “Veritas.” The goal is to enable… Read More

Crypto.com Announces New Partnership With Singapore’s Payment Processing Gateway Xfers

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it has formed a new partnership with Xfers, a Singapore-based payment processing gateway, to enable its users to buy and sell crypto in SGD by December 2019. According to Crypto.com, users will be able to instantly buy crypto… Read More

Monetary Authority of Singapore Boosts Fintech Cooperation with Canada, Tightens Relationship with Banque de France

The Monetary Authority of Singapore (MAS), the leading financial regulator and central bank of Singapore, has announced renewed cooperation on Fintech with Canadian Securities Regulators while simultaneously announcing a tighter relationship with the Banque de France. The announcements were released during Singapore’s annual Fintech Week… Read More

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