Tagged: singapore

March 23, 2018 @ 8:20 am By Erin Hobey  |  

StashAway, reportedly the first robo-adviser to receive a retail license in Singapore, has completed a USD $5.3 million (SGD $7.0 million) Series A funding round. According to the company, a group of family offices and  new investors as well as previous investors in the business, such… Read More

March 20, 2018 @ 1:14 am By JD Alois  |  

Culum Capital, a Singapore-based receivables and supply chain financing platform, has received an investment  from GTR Ventures. GTR revealed several Fintech investments this past week – mainly in the online lending vertical. “We are thrilled to be partnering with GTR Ventures,” commented Ginnie Chin, co-founder &… Read More

March 19, 2018 @ 5:35 pm By JD Alois  |  

Singapore-based Kyber Network, a decentralized cryptocurrency exchange, has announced its public beta launch. The public launch of Kyber Network comes at a time when there is increasing scrutiny about crypto exchanges and platform security.  Kyber Network is a fully decentralized exchange, meaning it exists entirely on… Read More

March 15, 2018 @ 9:22 am By JD Alois  |  

In a speech delivered at the Money20/20 Asia conference in Singapore, Ravi Menon, MD of the Monetary Authority of Singapore (MAS) delivered a speech assessing the state of cryptocurrencies and initial coin offerings (ICOs). Entitled, “Crypto Tokens: The Good, The Bad, and The Ugly,” Menon… Read More

March 15, 2018 @ 8:38 am By Erin Hobey  |  

Payments platform Adyen has launched of its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries and more than 4,000 cities. Highlighting the potential of Adyen’s growth in the point of sale space, new clients include ASICS, Schuh, Lush, City… Read More

March 14, 2018 @ 10:06 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to collaborate and mutually support the development of the Fintech ecosystems and encourage financial innovation between the two countries. Today, MAS and the Bank signed a Fintech Co-operation Agreement during the Money… Read More

March 12, 2018 @ 9:00 pm By JD Alois  |  

LATTICE80, a Fintech Hub that has recently migrated its headquarters from Singapore to London, has announced its intent to launch Altcoin Futures. LATTICE80 expects to reveal details during Money20/20 taking place in Singapore this month. LATTICE80 is co-founded by Joe Seunghyun Cho, and is backed… Read More

March 12, 2018 @ 8:51 am By JD Alois  |  

Zilliqa, a Fintech that is working on high-speed Blockchain technology that is predicted to rival transaction speeds of VISA, has hired En Hui Ong as Head of Business Development. Ong was most recently at JPMorgan and prior to that she worked at Blackrock. Ong will… Read More

March 12, 2018 @ 4:00 am By JD Alois  |  

GTR Ventures, an investment and venture platform that is specializing in the global trade and supply chain financing sector, has announced investments in five Fintechs based in the UK and Asia: Tradeteq, Trade Finance Market, Culum Capital, eFundSME and Incomlend. Launched in September 2017 with… Read More

March 11, 2018 @ 1:42 pm By Xu Gao  |  

  Fintech Remarks and Proposals from 2018 Two Legislative Sessions March 3rd saw the opening of “2018 NPC & CPPCC: annual legislative and political advisory sessions” in China. Here are some fintech related remarks and proposals that we summarized from this year’s sessions. (Source: 01Caijing)… Read More

March 9, 2018 @ 7:49 am By Samantha Hurst  |  

Global Fintech Hub LATTICE80 announced on Friday it has strategically relocated its global headquarters from Singapore to London. The hub also reported that it is planning to expand into several cities globally, which includes London, New York City, and Seoul. This news comes just days after… Read More

March 8, 2018 @ 9:12 am By JD Alois  |  

XinFin Fintech Pte. Ltd, a Singapore-based Blockchain platform targeting global trade and finance, has integrated with the Bancor Protocol to provide continuous liquidity for the XinFin platform. XinFin says it has developed a sca​lable, secure, permissioned and commercial grade hybrid Blockchain architecture by forking JP Morgan’s Quorum. The… Read More

March 8, 2018 @ 2:34 am By JD Alois  |  

GIFTO, a blockchain based gifting platform, has announced a partnership with DATx that will enable GIFTO to use DATx’s ability to discover fake nodes within the GIFTO blockchain, remove and eliminate them from the root cause before any of the fake nodes can cause damage…. Read More

March 7, 2018 @ 3:53 pm By Samantha Hurst  |  

Consentium, a Singapore-based multi-digital currency and group monetization chat application, announced this week it has secured $10 million from its private ICO sale, which was launched on 25 January. The company reported that the funding will be used to drive expansion across Asia, including priority… Read More

March 7, 2018 @ 11:36 am By Samantha Hurst  |  

Global Fintech Hub LATTICE80 announced on Wednesday it has signed a memorandum of understanding (MoU) with Nanyang Polytechnic mid last year in 2017 to offer a first-of-its-kind fintech experience programme for its year 1 and 2 students. This news comes just as Lattice80 prepares to launch… Read More

March 7, 2018 @ 9:54 am By Samantha Hurst  |  

The Symbiosism Economy Foundation (SEF) announced on Tuesday it has become a member with voting rights of the Singapore FinTech Association (SFA), a cross-industry, non-profit association that aims to be a platform for collaboration between all market participants and stakeholders in the financial technology ecosystem. Established in… Read More

March 6, 2018 @ 9:15 am By JD Alois  |  

Singapore based Fintech Hub LATTICE80 will begin their Initial Coin Offering (ICO) at some point this month (March). The ICO will commence with a private sale for approved investors. LATTICE80 will issue “KAYA” tokens as part of its vision to connect Fintech and Blockchain startups globally… Read More

March 5, 2018 @ 7:05 am By JD Alois  |  

Speedy blockchain platform Ziliqa has added smart contract technology experts Dr. Ilya Sergey and Evan Cheng to their advisory board. Ziliqa is a project founded by researchers at the National University of Singapore and is designed to address the transactional shortcomings in most of the Blockchain… Read More

March 1, 2018 @ 8:27 am By JD Alois  |  

Marvelstone Group backed Global FinTech Hub LATTICE80 has opened a Research and Development (R&D) operation in South Korea, according to a note from the company. Joe Seunghyun Cho, Founding CEO of LATTICE80 and Chairman of Marvelstone Group, said that South Korea has become one of… Read More

February 27, 2018 @ 12:13 pm By Samantha Hurst  |  

trueEX, a New York-based electronic, CFTC-regulated exchange for interest rate swaps, announced on Tuesday it has opened a Singapore office to provide trading access for interest rate swaps denominated in 28 currencies, including 11 in the Asia-Pacific region. The company reported that on the back of significant volume growth, dealer… Read More