Tagged: singapore

October 23, 2017 @ 7:37 am By JD Alois  |  

Citing clear demand, Marvelstone has announced their intent to open an extension of the Singapore based LATTICE80 Fintech hub in New York City at some point during 2018. The New York office is seen as a bridge to help connect Asia’s and the US’s Fintech… Read More

October 19, 2017 @ 12:11 pm By JD Alois  |  

LATTICE80, the world’s largest Fintech hub based in Singapore, will launch an Initial Coin Offering (ICO) at some point next year. Specific details on the ICO were not made available. LATTICE80 did disclose the ICO would only be made available in regulated environments including Singapore,… Read More

October 17, 2017 @ 7:32 am By JD Alois  |  

Manchester-based Racefields is reporting it has inked a partnership with an unnamed platform in Singapore to expand its debt trading platform RCX to the southeast Asian country. Through the partnership, any deals listed on the RCX platform that match the investment criteria of the funder… Read More

October 16, 2017 @ 8:10 am By JD Alois  |  

Marvelstone Group, the company behind the world’s largest Fintech hub – LATTICE80, is getting into Artificial Intelligence (AI) in a big way. Marvelstone has announced the creation of the “world’s largest AI Hub” based in Singapore. Marvelstone, based in Singapore, is a private investment group that… Read More

October 14, 2017 @ 6:58 am By JD Alois  |  

Ravi Menon, Managing Director of the  Monetary Authority of Singapore (MAS), spoke about the intrinsic potential of Blockchain or Distributed Ledger Technology (DLT) at the Global Blockchain Business Conference last week in India. Singapore is the leading Fintech hub in southeast Asia and is keen… Read More

October 13, 2017 @ 8:30 am By JD Alois  |  

One of the challenges of distributed ledger technology (DLT) is the ability to scale on a global basis.  The massive amount of financial transactions digitally roaming the world are astounding. Zilliqa, created by researchers at the National University of Singapore led by Xinshu Dong, has… Read More

October 8, 2017 @ 5:11 am By JD Alois  |  

The Centre for Finance, Technology and Entrepreneurship (CFTE) is launching their first online Fintech course which will open to the public soon. If you are interested, you may enroll here. The course is described as “Around Fintech in Eight Hours.” The coursework starts with an overview of Fintech and introduces a… Read More

October 5, 2017 @ 9:15 am By JD Alois  |  

Blockchain or Distributed Ledger Technology (DLT) is pretty much accepted as the future of banking. A bigger question is whether or not banks will continue to exist, at least in present form.  Banks that embrace change and innovation stand a better chance to evolve and… Read More

October 3, 2017 @ 10:22 pm By JD Alois  |  

OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), along with Infocomm Media Development Authority (IMDA), have successfully completed a proof-of-concept for a Know Your Customer (KYC) blockchain. OCBC Bank is the longest established bank in Singapore formed in 1932 from the merger of three… Read More

September 27, 2017 @ 1:25 pm By JD Alois  |  

Funding Societies, Singapore’s and Southeast Asia’s SME crowdfunding platform, has announced the launch of its new chatbot “Miyu”. This is described as the first such chatbot created by a crowdfunding company in Southeast Asia. Miyu was jointly developed by two Singapore Management University interns at… Read More

September 26, 2017 @ 2:33 pm By Samantha Hurst  |  

San Francisco-based fintech Ripple has announced the opening of its new Singapore office. This news comes just one month after the company opened its India office. While sharing details about the new office, Dilip Rao, managing director for Ripple APAC, reportedly stated: “Singapore is leading the… Read More

September 26, 2017 @ 12:21 pm By JD Alois  |  

Another day, another challenge for the cryptocurrency world. Bloomberg is out with report that Singapore banks are quietly closing bank accounts of some cryptocurrency and payment firms. Singapore regulatory authorities recently issued a cautionary statement on Initial Coin Offerings (ICOs), just like the rest of… Read More

September 25, 2017 @ 11:15 am By JD Alois  |  

The NEM.io Foundation, a group that has created a peer-to-peer blockchain platform, is holding a series of events for the NEM community and newcomers to the blockchain ecosystem. Singapore based NEM provides an “out-of-the-box” blockchain solution, and its series of local events and global webinars… Read More

September 25, 2017 @ 7:44 am By JD Alois  |  

FundedHere, a Singapore-based crowdfunding platform, has successfully raised S$ 505,500 for two local startups. Both campaigns included the pairing of professional investors with individuals not classified as Accredited Investors (AI).  This is a first for FundedHere and follows a recent global trend where investment crowdfunding… Read More

September 20, 2017 @ 9:18 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has created an international advisory panel for cyber security – launched in recognition of the shifting environment of financial services as increasingly all services are moving online. The newly formed panel is comprised of cyber security thought leaders from… Read More

September 19, 2017 @ 1:16 pm By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, in collaboration with KPMG, announced that 11 outstanding global FinTech firms have been shortlisted for the inaugural FinTech Abu Dhabi Innovation Challenge in October.  The selected firms are currently undergoing an intensive five-week… Read More

September 18, 2017 @ 11:42 am 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 Monday it has received regulatory approval from the Reserve Bank of India (RBI) for facilitating overseas remittances from India. InstaReM stated its plans to… Read More

September 18, 2017 @ 7:41 am By JD Alois  |  

The Centre for Finance, Technology, and Entrepreneurship (CFTE), a UK based education platform for the finance industry, is has partnered with LATTICE80, an international Fintech hub based in Singapore. The partnership between the two entities is designed that to spur the growth of Fintech within… Read More

September 17, 2017 @ 10:55 am By JD Alois  |  

The ICO for ICO’s – ICOBox Token Sale has attracted 3933 BTC in its token (ICOs) crowd sale. At current exchange rates, ICOBox has raised over USD $14.5 million. The offer was launched on August 15 and closed 32 days later. The ICO was impacted… Read More

September 16, 2017 @ 8:57 am By JD Alois  |  

KyberNetwork has nailed their Initial Coin Offering (ICO) having successfully raised ETH 200,000 or $51 million (at the current exchange rate). The Singapore based company reported a smooth ICO in a market that has experienced more than a bit of volatility in recent weeks as Chinese… Read More