Tagged: singapore

August 10, 2017 @ 9:08 am By JD Alois  |  

The Monetary Authority of Singapor (MAS), along with the Commercial Affairs Department (CAD) have published a warning to consumers regarding Initial Coin Offerings (ICOs) or Token Offers and other investment schemes involving digital coins. The ICO market and affiliated Token Offerings has risen rapidly catching… Read More

August 8, 2017 @ 4:56 pm By Samantha Hurst  |  

The Centre for Finance, Technology, and Entrepreneurship (CFTE) announced on Tuesday it has formed a partnership with the Monetary Authority of Singapore (MAS) to formalize plans to expand its education initiative to ASEAN. According to the organization, the prime objective is to train finance professionals in… Read More

August 8, 2017 @ 12:21 pm By Erin Hobey  |  

  It’s been quiet an exciting week for Abu Dhabi Global Market: global Fintech challenges, new alliances and partnerships. ADGM and KPMG have synced to launch the first ever FinTech Abu Dhabi Innovation Challenge on 22 October 2017 in Abu Dhabi to enable startups to… Read More

August 8, 2017 @ 11:24 am By Erin Hobey  |  

NEM.io Foundation, the creator of the P2P NEM blockchain platform providing payments, messaging and asset making, announced a sponsorship deal with Lithuanian basketball club Lietuvos Rytas. Basketball fans will now be able to purchase Rytas tickets with blockchain-supported digital currency.The NEM.io Foundation, a leader in… Read More

August 7, 2017 @ 10:00 pm By JD Alois  |  

In partnership with KPMG and organized by The FinTech Consortium, this event promises to be an invigorating evening of exciting discussions, demos, keynotes and an opportunity to network with close to 300 members of the Singapore Fintech & Regtech community. Join us as we explore… Read More

August 2, 2017 @ 9:53 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) will establish a “Payments Council”, a move designed to facilitate the vision of an e-payments ecosystem in Singapore. This includes the development of seamless payments solutions like PayNow, supporting the introduction and rollout of unified point-of-sale terminals at merchants, and… Read More

August 2, 2017 @ 7:04 am By JD Alois  |  

CoAssets Limited  (ASX: CA8), a crowdfunding platform specializing in facilitating funding for real estate and small to medium-sized enterprises, reported its financial results for the fourth quarter of fiscal year 2016, ended 30 June 2017. CoAssets said that Q4 was a break even quarter and… Read More

July 28, 2017 @ 7:49 am By Jonathan Nieh  |  

  TenX, a fintech firm based out of Singapore, is trying to bring cryptocurrencies, like Bitcoin and Ether, out of the digital world and into the real world through the creation of a pre-paid Visa card that will instantly convert crypto coins into real spendable… Read More

July 26, 2017 @ 12:00 pm By JD Alois  |  

Fundnel a crowdfunding and community platform serving all of AsiaPac, has announced it formed a first of a kind partnership with ThincLab, an Australia start-up incubator born out of the University of Adelaide. The collaboration will bring ThincLab’s network to Singapore, Fundnel’s home base, and… Read More

July 22, 2017 @ 5:21 pm By Xu Gao  |  

National Financial Work Conference Points Out Clear Way for Building Financial ‘Super Regulator’ The two-day national financial work conference held from July 14-15 in Beijing came up with major principles for the country’s financial work, and make statements about direct financing and the construction of… Read More

July 19, 2017 @ 11:14 am By JD Alois  |  

KyberNetwork is a new project headed up by Loi Luu, a PhD candidate at National University of Singapore. He has done research on cryptocurrencies, smart contract security and distributed consensus algorithms and is one of the original founders of Oyente and Smartpool. KyberNetwork is a new… Read More

July 18, 2017 @ 8:17 am By Erin Hobey  |  

Due to popular demand, the application deadline for this year’s Global FinTech Hackcelerator has been extended to 25 July 2017. The Global FinTech Hackcelerator 2017, powered by KPMG Digital Village and Matchi, is looking for global innovative entrepreneurs who can address problems faced by the financial… Read More

July 17, 2017 @ 3:36 pm By Samantha Hurst  |  

Just eight months after announcing its plans to move into Hong Kong and Singapore, Chinese peer-to-peer lending platform Lufax is set to make its way to Singapore. It is now prepping to launch its new platform called Lu International.  As previously reported, Lufax Chairman and… Read More

July 6, 2017 @ 10:21 am By JD Alois  |  

Singapore based Everex, an Ethereum company offering blockchain-based microcredit and remittance services, has announced a limited 48 hour token pre-sale round today. Everex said there would be a public token sale later this month. During the pre-sale, Everex said its EVX tokens will be offered… Read More

July 6, 2017 @ 6:49 am By Cole Lyons  |  

The Monetary Authority of Singapore (MAS) and has announced they have entered a Fintech agreement with the Danish Financial Supervisory Authority (Danish FSA). This new collaboration will allow companies in both Singapore and Denmark to expand into each other’s markets more fluidly. Over the past couple… Read More

July 4, 2017 @ 9:25 am By JD Alois  |  

Singapore-based InstaReM, a digital cross-border payments company, is reporting it has just received a USD $13 million investment led by GSR Ventures, with participation from SBI-FMO Ventures, Vertex Ventures, Fullerton Financial Holdings (FFH), and Global Founders Capital (GFC). InstaReM said it intends to use the funding… Read More

July 3, 2017 @ 3:51 pm By Samantha Hurst  |  

KPMG, in collaboration with the Monetary Authority of Singapore (MAS), is set to sponsor the 2017 Global FinTech Hackcelerator program as part of the annual Singapore FinTech Festival which will take place from November 13-17th. The organizers of the program revealed: “The Global FinTech Hackcelerator is looking… Read More

July 3, 2017 @ 7:42 am By JD Alois  |  

Singapore based investment crowdfunding platform Fundnel has announced the expansion of its services into Australia. Fundnel is a private investment platform that offers unlisted securities in growth and pre-IPO stage companies to both institutional and individual investors. Fundnel screens all investment opportunities to ensure businesses… Read More

June 30, 2017 @ 12:15 pm By Samantha Hurst  |  

On Thursday, the Monetary Authority of Singapore (MAS) announced it signed a fintech co-operation agreement with the Danish Financial Supervisory Authority (Danish FSA) to help fintech companies in Singapore and Denmark to expand into each other’s markets. The agreement was signed at the Money 20/20 European… Read More

June 28, 2017 @ 7:30 pm By Cole Lyons  |  

The Bahrain Economic Development Board (EDB), Singapore Fintech Consortium (SFC), and the Dubai-asset management firm Trucial Investment Partners have partnered to create a new FinTech environment. This new agreement is a part of a wider partnership aiming to make Bahrain the region’s Fintech powerhouse. Khalid Al Rumaihi,… Read More