Tagged: singapore

September 12, 2018 @ 3:36 pm By JD Alois  |  

The United Kingdom and Singapore held their 4th joint meeting of financial services regulators and policymakers. The meeting took place in London yesterday where officials discussed regulatory initiatives and standards of conduct in the financial sector. Both the UK and Singapore have pursued Fintech innovation… Read More

September 8, 2018 @ 12:29 pm By JD Alois  |  

TransferTo, a cross-border mobile payments network that topped $800 million in the first six months of this year, has invested in blockchain firm OXIO. According to a release, OXIO operates a mobile internet exchange and uses blockchain technologies to power fast and affordable mobile internet access… Read More

August 29, 2018 @ 10:05 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have strengthened their pre-existing Fintech relationship with a new agreement. According to MAS, this most recent collaboration will see mutual referrals of promising Fintech firms between the two jurisdictions.  The agreement is… Read More

August 27, 2018 @ 8:35 am By JD Alois  |  

CoAssets Limited, a crowdfunding platform traded on the Australian Stock Exchange (ASX: CA8), has reported its financial results for the full year ended 30 June 2018. According to the company which is based in Singapore, CoAssets experienced its first full year of profitable operations representing… Read More

August 26, 2018 @ 2:02 pm By Cali Haan  |  

Two-thirds of all trade volume in crypto- or $6 billion dollars per day- is faked, say researchers at the Blockchain Transparency Institute (BIT), and many of the world’s “top” crypto exchanges aren’t even coming close. The researchers made their conclusions after comparing the order books… Read More

August 24, 2018 @ 10:03 am By JD Alois  |  

In a significant move by the Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX), the government entities announced its intent to offer digital assets including tokenized securities and virtual currencies. MAS and SGX will develop “Delivery versus Payment (DvP) capabilities” by using different blockchain… Read More

August 23, 2018 @ 9:33 am By JD Alois  |  

Singapore based Aly Pte. Ltd., a Fintech that has launched an international stock tracking app Spiking, says that Seed and Pre A round founding now totals S$2.23 million after receiving an additional S$1.2 million. Spiking is moving beyond more traditional assets by adding digital assets covered in… Read More

August 22, 2018 @ 7:14 am By JD Alois  |  

Huobi Group has launched a new services that is said to provide a more transparent listing process to issuers. The Huobi Automated Listing Platform is not 100% automated as their are checks in place but the feature is designed to streamline the digital asset listing… Read More

August 21, 2018 @ 4:19 pm By Samantha Hurst  |  

Thomas Reuters announced on Monday it is joining forces with the Singapore FinTech Association (SFA) to figure against financial crimes. Thomas Reuters revealed it will be collaborating with the SFA on various projects and initiatives contributing to the development of the fintech industry in Singapore. The partnership will also… Read More

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