Tagged: singapore

December 20, 2017 @ 11:50 am By JD Alois  |  

Ælf, a Blockchain based company developing a ‘Cloud Operating System’ designed to become a central hub for all Blockchains, has announced a pre-sale raise of 55,000 Ether. During the “under the radar” initial coin offering, the spot price was about $450 per ETH. Today, as… Read More

December 20, 2017 @ 7:50 am By Erin Hobey  |  

Singapore-based crowdfunding platform FundedHere has raised S$516,000 for local startup AEvice Health in an oversubscribed 30-day campaign that exceeded its original S$450,000 target. The campaign was funded by 11 investors – nine accredited investors, one professional investor and one institutional investor – registered on FundedHere’s platform…. Read More

December 18, 2017 @ 11:08 pm By JD Alois  |  

Silver Bullion, a peer to peer lending platform based in Singapore, has reached $50 million in loan originations. The unique platform that provides secured lending based off of bullion saw more than double the lending volume in 2017 versus year prior. According to the platform,… Read More

December 13, 2017 @ 10:01 pm By JD Alois  |  

Launched in 2015, Fundnel is a Singapore based investment marketplace that provides unique access to early stage companies for individual investors previously cut out of the pre-IPO equation. Operated by a group of young, highly sophisticated executives, Fundnel is doing equity crowdfunding right and sets… Read More

December 10, 2017 @ 8:00 pm By JD Alois  |  

LATTICE80 and Lithuania’s Agency for Science, Innovation and Technology (MITA) have parnered up on startup incubation. The largest Fintech hub in the world will help Lithuania accelerate growth of Fintech including AI, Blockchain and Cyber security. partner on startup incubation MITA was established on in… Read More

December 4, 2017 @ 8:49 am By JD Alois  |  

During Consensus in NYC last week, Zhuling Chen, co-founder and COO of aelf, presented his company’s vision of creating a new “cloud operating system, that seeks to operate as a central hub for all Blockchains.  This “central business district” for Blockchains, that incorporates both Bitcoin and… Read More

December 1, 2017 @ 4:46 pm By JD Alois  |  

Gifto, a new blockchain ‘virtual gifting’ protocol that claims it will allow content creators to monetize their content on sites like YouTube, Facebook, and Instagram, has announced that Pantera and Block Asset have joined a group of initial investors in the company.  Gifto is being launched… Read More

November 28, 2017 @ 1:01 am By JD Alois  |  

LATTICE80, a Singapore based Fintech hub that is the largest of its kind, has partnered with IOTA Foundation to open up a new innovation lab in Singapore. IOTA Foundation, based in Germany, holds a mission to support the development and standardization of distributed ledger technologies (DLT… Read More

November 21, 2017 @ 9:47 am By JD Alois  |  

Zilliqa, a high speed blockchain technology, has reportedly lowered their funding cap from $30 million to $20 million even with heavy demand from investors.  Zilliqa’s tech is designed to address the shortcomings of current Blockchain technology that is not robust enough to handle global, institutional… Read More

November 21, 2017 @ 8:52 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has launched a second consultation on a payments regulatory framework, known as the Payment Services Bill. The Bill is designed to streamline the regulation of payment services under a single legislation, expand the scope of regulated payment activities to… Read More

November 20, 2017 @ 9:12 am By JD Alois  |  

The Monetary Authority of Singapore has posted an update on the Singapore Payments Council. According to MAS, the COuncil has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets,… Read More

November 16, 2017 @ 3:57 pm By Samantha Hurst  |  

Indorse, a Singapore-based decentralized social network for professionals, announced on Thursday it has formed a strategic collaboration with AppCoins, new cryptocurrency that all Aptoide App Store users can earn and spend inside app stores. According to the network, the new collaboration comes just before its MVP launch later… Read More

November 16, 2017 @ 8:11 am By JD Alois  |  

Six local universities and three governmental agencies have joined together in a “landmark” Memorandum of Intent (MOI) to create the “TechSkills Accelerators FinTech Collective. The mission is to develop industry ready professionals with the needed skills in the booming sector. The “TeSA FinTech Collective” was… Read More

November 16, 2017 @ 7:53 am By JD Alois  |  

The annual FinTech Festival is taking place in Singapore and there is plenty of news regarding the city wide event. The Monetary Authority of Singapore (MAS) has just announced the three winners of the Global FinTech Hackcelerator. The three winners were selected from a pool… Read More

November 15, 2017 @ 5:18 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has published a document providing guidance on Initial Coin Offerings (ICOs). Entitled “a Guide to Digital Token Offerings,” the document seeks to clarify when an ICO is in fact a security, and thus regulated and the application of securities… Read More

November 15, 2017 @ 9:04 am By Erin Hobey  |  

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding unveiled today its proprietary Artificial Intelligence driven due diligence system, Crowdo ACE, aimed at benefiting both their borrowers and investors. Crowdo ACE takes into account a few thousand unconventional and alternative attributes and… Read More

November 13, 2017 @ 8:47 pm By JD Alois  |  

OurCrowd, a leading global equity crowdfunding platform, has announced the appointment of Roland Wee as Managing Director of the company’s Asia operations. OurCrowd said that Wee will serve as a “key addition” to its management team to spearhead its continued growth and success in the… Read More

November 13, 2017 @ 8:04 am By JD Alois  |  

The Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and with SingEx Holdings, kick off the Singapore FinTech Festival today. This is the second edition of the week-long event that promises to provide a forum for the Fintech… Read More

November 13, 2017 @ 7:37 am By JD Alois  |  

Zilliqa, a high-throughput Blockchain platform developed at the National University of Singapore, has announced a partnership with FBG Capital, a digital asset management firm in blockchain-based capital market. As part of the agreement, FBG Capital will be investing into the project and Zhuo Shuoji, founding partner of… Read More

November 3, 2017 @ 9:24 am By JD Alois  |  

The Monetary Authority of Singapore and China Securities Regulatory Commission (CSRC) met this week in a roundtable meeting to discuss closer cooperation. This is the second meeting of its kind with the first taking place in Chongqing, China in April 2016. MAS and CSRC discussed how… Read More