Tagged: singapore

August 19, 2018 @ 7:00 pm By JD Alois  |  

Temasek Holdings, an investment fund owned by the government of Singapore (Singapore Minister for Finance is the sole shareholder), is exiting traditional finance to focus on Fintech. This is according to a report in the Straits Times that said Temasek has sold of its holdings… Read More

August 16, 2018 @ 9:00 am By JD Alois  |  

Huobi Group, one of the largest crypto exchanges, has hooked up with corporate partners to aid in launching four independent exchanges. By leveraging Huobi Cloud, these partners are expected to set up exchanges in Canada, Indonesia, the Philippines and Russia. These marketplaces are said to… Read More

August 15, 2018 @ 8:37 am By Samantha Hurst  |  

Singapore-based cryptocurrency services platform Ethos announced it now integrating with Simplex, a global instant fiat purchase service enabling bitcoin and altcoin purchases with credit and debit cards. The integration will be through the Ethos Universal Wallet, which provides a secure, self-custodied mobile wallet that puts… Read More

August 13, 2018 @ 10:22 pm By JD Alois  |  

Singapore based Funding Societies, a leading peer-to-peer (P2P) lending platform in Southeast Asia, has topped S$ 200 million mark in total crowdfunded SME loans. Funding Societies notes that this accomplishment arrives just 6 months after crossing S$ 100 million in January of this year. The… Read More

August 13, 2018 @ 2:42 pm By Samantha Hurst  |  

Singapore-based multi-currency wallet and blockchain solutions provider Ethos announced last week it has integrated with digital bitcoin and other blockchain tokens marketplace, Shapeshift. The integration news comes less than six months after Shapeshift secured $10.4 million through its Series A funding round, which was led by… Read More

August 10, 2018 @ 9:19 am By JD Alois  |  

Zilliqa has landed former Head of Marketing APAC for Google Pay Yiling Ding as their new Chief Marketing Officer (CMO). Ding, who is said to be fluent in English, Japanese, and Chinese Mandarin, has spent the past four years with Google. During her stint with Google she… Read More

August 9, 2018 @ 11:56 am By JD Alois  |  

Another day, another crypto hack. About two weeks ago, KICKICO revealed that 70 million KICK tokens had been pilfered by a hacker at a value of around $7.7 million – peanuts in the ICO hacking space. On July 26th, KICKICO said the security breach had… Read More

August 6, 2018 @ 9:02 am By Samantha Hurst  |  

Asian general insurer MSIG Insurance announced on Monday it has formed a strategic partnership with global startup accelerator and corporate innovation platform Plug and Play to promote innovation within the general insurance space. MSIG reported it will become a founding anchor partner of Plug and Play’s… Read More

August 2, 2018 @ 10:42 pm By JD Alois  |  

Infoteria Corporation, an enterprise software company in Japan (Listed on TSE Sec.1: 3853) and Zilliqa have formed a partnership with Infoteria will enable corporate use of the fast blockchain. Zilliqa is one of a handful of companies seeking to address current shortcomings in distributed ledger… Read More

July 31, 2018 @ 11:04 pm By JD Alois  |  

Singapore based online lender Validus is reporting a milestone of having originated over S$ 100 million in loans to SMEs. Validus is claiming to the be Southeast Asia’s fastest growing SME lender. Validus is licensed by the Monetary Authority of Singapore (MAS) and is also… Read More

July 30, 2018 @ 11:15 pm By JD Alois  |  

Experian, a financial data firm, has led a $28 million funding round in C88 Financial Technologies Group. C88 is described as one of the largest Fintech firms in Southeast Asia, having served over 50 million customers in Indonesia as CekAja.com and The Philippines as eCompareMo.com. C88 is also… Read More

July 26, 2018 @ 12:03 pm By JD Alois  |  

Singapore based FintruX Network, “a global P2P lending ecosystem,” has added Bob Rinaldi to its Board of Directors. Rinaldi is a long time banker and entrepreneur.  According to FIntruX, Rinaldi has served as the CEO of CI Finance, a national equipment finance company, and as a Director… Read More

July 25, 2018 @ 9:21 am By Samantha Hurst  |  

DBS announced on Tuesday the launch of Southeast Asia’s largest bank-led property marketplace. DBS claims it is also the first bank in the region to launch an online property marketplace that offers listings from both agents and owners. According to DBS, the DBS Property Marketplace… Read More

July 20, 2018 @ 10:32 am By JD Alois  |  

NOON Capital, a company with offices in Singapore and Thailand, is getting into the business of real estate on blockchain. While not the first entity to securitize investments in real estate, NOON says they are the first in Southeast Asia. According to their web site;… Read More

July 12, 2018 @ 7:41 am By Samantha Hurst  |  

Bambu, a Singapore-based robo-advisory solutions provider, announced this week it secured $3 million through its Series A financing round, which was led by Franklin Templeton Investments.  Founded in 2016 by Ned Phillips and Aki Ranin, Bambu describes itself as a leading global provider of robot-advisory technology… Read More

July 10, 2018 @ 5:10 pm By JD Alois  |  

Blockchain game, Etheremon may bag Ethereum. Ethereum is great but can be really slow. Recently, the network a small Chinese cryptocurrency exchange called FCoin managed to clog the entire Ethereum network. That kind of sucks. In a blog post, Etheremon explained its scalability challenges and then stated… Read More

July 10, 2018 @ 1:00 pm By JD Alois  |  

HUBUS, partner of global digital asset exchange Huobi – one of the largest in the world, begins trading for US residents today (July 10, 2018). HBUS is a separate legal entity from Huobi Group, with its own leadership. HUBUS officially goes live at 10AM PT… Read More

July 9, 2018 @ 2:24 pm By JD Alois  |  

Singapore-based Crowdvilla, a Real Estate Platform, will list its token on the Gibraltar Blockchain Exchange (GBX) becoming the third token to do so. GBX is a subsidiary of the EU-regulated Gibraltar Stock Exchange (GSX) and has positioned itself to be a jurisdiction of preference for blockchain based… Read More

July 6, 2018 @ 9:08 am By Samantha Hurst  |  

On Friday, Asian fintech, AsiaCollect, announced it raised $4.5 million to date after closing its recent investment round led by global technology investment firm SIG Asia Investments. Founded in 2015, AsiaCollect describes itself as a pioneer in providing integrated Credit Management Services (CMS) in Southeast Asia. The… Read More

July 4, 2018 @ 11:09 am By JD Alois  |  

Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), delivered a speech today at the MAS Annual Report Media Conference. Within the prepared remarks, Menon revealed that “Fintech alone is estimated to have contributed close to 2,000 of the net jobs created during… Read More