Tagged: singapore

January 22, 2018 @ 11:09 pm By JD Alois  |  

Funding Societies, a leading peer-to-peer lending platform based in Singapore, has crossed the S$ 100 million mark in total crowdfunded SME loans. The financing was provided to SMEs across Singapore, Indonesia and Malaysia. According to the company, Funding Societies has expanded its crowdfunding book by… Read More

January 18, 2018 @ 8:54 am By Samantha Hurst  |  

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, announced on Thursday it has signed a strategic cooperate agreement with EC Technology & Innovations Limited (ECTI), a wholly owned subsidiary of Shaing Economy International, Inc. (NASDAQ: SEII).  According to CoAssets, Sharing Economy International is currently… Read More

January 17, 2018 @ 12:02 am By JD Alois  |  

Goldbell Financial Services (GBFS), a subsidiary of Singapore’s largest commercial vehicle and industrial equipment distribution and leasing company Goldbell Group, has inked a new partnership with crowdfunding platform “New Union. Goldbell wants to provide SME clients new, innovative and alternative financial solutions, and crowdfunding is the… Read More

January 15, 2018 @ 8:46 am By JD Alois  |  

Last week, a Singapore Member of Parliament, Foo Mee Har, posed some questions to the Singapore Prime Minister regarding enforcement of anti-money laundering (AML) and counter-terrorism financing and Bitcoin utilization where “conventional oversight mechanisms of the real money market do not apply.” Singapore Deputy Prime… Read More

January 9, 2018 @ 7:49 am By JD Alois  |  

Securities Commission Malaysia (SC) has issued a cease and desist (C&D) order to CopyCash Foundation. The C&D was in regards to a scheduled initial coin offering (ICO) launching on January 10, 2018. SC issued a warning this week to investors regarding the CopyCashCoin ICO. Company… Read More

January 3, 2018 @ 4:14 pm By Samantha Hurst  |  

InstaReM (IE instant remittance), a Singapore-headquartered fintech start-up that convenient, fast and cost-effective cross-border money transfers to individuals and businesses, announced on Wednesday its 2017 progress and 2018 goals. CEO and Co-Founder, Prajit Nanu, took to the company’s blog to reveal details about the past twelve… Read More

January 3, 2018 @ 3:44 pm By Samantha Hurst  |  

Earlier this week, CEO of MyCash Online, Mehedi Hassan, announced the Malaysia-based fintech company will be moving its headquarters to Singapore. According to Digital News Asia, Hassan reported that the move is due to the fact that Singapore offers the startup with more opportunities, especially… Read More

January 2, 2018 @ 10:24 am By Erin Hobey  |  

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding, posted an infographic citing its 2017 milestones. “2017 has been a great year for Crowdo as we hit several milestones and experienced tremendous growth in our organization where saw our year start off… Read More

December 28, 2017 @ 12:02 pm By Samantha Hurst  |  

Singapore-based FundTier announced on Thursday it has received a Capital Market Services (CMS) license from the Monetary Authority of Singapore (MAS). Co-founder of the funding portal Max Ho revealed to the Business Times that with the new license it will be able to reach out… Read More

December 22, 2017 @ 9:32 am By JD Alois  |  

GIFTO, a blockchain virtual gifting protocol that recently completed an ICO thats public sale allegedly sold out in just one minute, has announced a strategic partnership with Worldwide Asset eXchange (WAX), decentralized marketplace for virtual assets. The agreement will see GIFTO created virtual gifts tradable… Read More

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