Tagged: singapore

May 2, 2018 @ 1:09 pm By Samantha Hurst  |  

The Monetary Authority of Singapore (MAS) announced on Tuesday that the third edition of the Singapore Fin Festival will be held on November 12th through the 16th. The organization reported that this year’s festival will include two new “elements,” which are the following: ASEAN FinTech Showcase:… Read More

May 2, 2018 @ 8:55 am By JD Alois  |  

Marvelstone Group has announced the opening of the “Smart City Innovation Lab” in the Central Business District (CBD) of Singapore. The Smart City Innovation Lab is said to facilitate the development of joint venture projects with Banks, Corporates and Governments. It will focus on three… Read More

April 30, 2018 @ 1:39 pm By Samantha Hurst  |  

The Intellectual Property Office of Singapore (IPOS) announced last week the launch of the country’s new Fintech Fast Track initiative in order to accelerate patent application-to-grant processing. According to the organization, the initiative expedites patent application-to-grant process for fintech inventions and fintech patents can be expected to… Read More

April 30, 2018 @ 9:05 am By JD Alois  |  

Stating that Cynopsis Solutions is already the largest provider of KYC services to blockchain and cryptocurrency based projects in Asia Pacific, the company has launched an initial coin offering (ICO) program via a subsidiary called traceto.io. This new entity seeks to expand its decentralized platform… Read More

April 28, 2018 @ 1:44 pm By Samantha Hurst  |  

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, announced it has entered into a conditional Sale and Purchase Agreement (SPA) to sell the 21.6% interest that it currently owns in Fintech Pte Ltd (FPL) as well as a further 5.4% interest to be acquired… Read More

April 25, 2018 @ 9:29 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the State Bank of Vietnam (SBV) have agreed to form a new partnership to encourage Fintech innovation while simultaneously strengthening cooperation in banking supervision. MAS has signed numerous bilateral Fintech agreements with many different jurisdictions. The strategy has… Read More

April 25, 2018 @ 7:53 am By JD Alois  |  

You would think it would be easy enough to create a new and interesting name in the cryptocurrency space but here is a case where one cryptocurrency entrepreneur is being challenged by an established business for a possible misconceived use of an established business name…. Read More

April 21, 2018 @ 2:45 pm By Xu Gao  |  

Ant Financial and Bank of China Collaborate on Blockchain-based House Leasing Project in Xiong’an New Area On April 20th, Ant’s Xiong’an Digital Technology Co., Ltd. and the Xiong’an branch of Bank of China, signed a strategic cooperation agreement in Xiong’an New Area. In the future,… Read More

April 20, 2018 @ 9:22 am By Samantha Hurst  |  

Blockchain asset private bank BitUN announced on Friday it has formed a partnership with Ping An Blockchain Research Institute to promote the development of the blockchain market. The duo reported that they have joined forces to conduct research in blockchain market analysis, project rating, blockchain innovative… Read More

April 18, 2018 @ 8:30 pm By JD Alois  |  

The Singapore Fintech Association (SFA) has announced the creation of a Marketplace Lending committee and website. This is in response to the rapid growth in the sector, according to the SFA. The subcommittee will be dedicated to ensuring the local online lending industry is a trusted,… Read More

April 17, 2018 @ 11:00 pm By JD Alois  |  

Singapore based Funding Societies has closed a USD $25 million Series B funding round. The peer to peer lending platform said the oversubscribed offer was led by Softbank Ventures Korea. Additionally, Funding Societies said it has received expanded credit facilities from banks and other financial… Read More

April 16, 2018 @ 3:19 pm By Samantha Hurst  |  

Pundi X (CURRENCY: PXS), a multi-cryptocurrency point-of-sale (POS) solutions provider for retail stores,  announce, on Monday it has launched a new buy-back program for company holdings in NPXS tokens following a reported unanticipated demand for its technology. Pundi X CEO and co-founder, Zac Cheah, claimed that the… Read More

April 16, 2018 @ 9:42 am By Samantha Hurst  |  

Silot, a Singapore-based fintech startup, announced on Monday it secured $2.8 million through its Pre-Series A funding round, which was led by Arbors Ventures and Eight Roads Ventures. The company reported that the latest funding round comes nine months after it received its initial seed… Read More

April 8, 2018 @ 11:49 pm By JD Alois  |  

Singapore based Marvelstone Group has launched a private equity fund for artificial intelligence (AI) investment. Marvelstone said it will invest in AI startups and projects through Marvelstone Capital, across geographies including the UK, China, Singapore, and Canada. The open-ended fund is targeting a capital raise… Read More

April 6, 2018 @ 3:31 am By JD Alois  |  

LATTICE80 announced the world’s largest Fintech Hub in Singapore with great fanfare at the end of 2016. The Singapore hub was housing almost 100 Fintech startups at one point. Expectations were to open 10 more hubs globally housing a thousand Fintech focused startups. Today, the… Read More

April 4, 2018 @ 11:32 am By Samantha Hurst  |  

Digital challenger bank Revolut announced on Wednesday it is currently making plans to launch in Singapore. This news comes just after the company announced it launched “disposable’ virtual cards. “From clunky apps to hidden fees, banking as we know it is broken. That’s why we decided to… Read More

April 4, 2018 @ 10:44 am By Erin Hobey  |  

Y-Combinator-backed Request Network Foundation launched its cryptocurrency payments service which allowing users to send and request payments or make money transfers in cryptocurrencies. “We’re very excited to see the ways in which developers connect with the technology, and use it to make cryptocurrency payments mainstream,… Read More

April 3, 2018 @ 6:16 pm By JD Alois  |  

Zilliqa has Released their public testnet of a Blockchain that deals with the technology’s biggest hurdle: the ability to scale and serve the demands of global financial institutions. Zilliqa uses a technique called sharding that apparently can enable their Blockchain to hit transaction speeds similar… Read More

April 2, 2018 @ 11:44 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced that it is working with key financial industry stakeholders to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions. The discussion on deep data and who… Read More

March 26, 2018 @ 10:30 am By Samantha Hurst  |  

The Singapore FinTech Association (SFA) and the Fintech Association of Japan (FAJ) announced on Monday they have signed a Memorandum of Understanding (MOU) to create stronger relationships and greater fintech cooperation between the two countries. According to the duo, this partnership will see the associations… Read More