Tagged: singapore

October 26, 2016 @ 2:55 pm By Erin Hobey  |  

Singapore-Based Bambu announced that Aki Ranin will join Bambu as its Chief Operating Officer, brings more than 15 years of technology experience to his new role. He will report to Ned Phillips, Bambu’s Founder and CEO. “Through joining Bambu I will boost the team’s ability to… Read More

October 24, 2016 @ 10:31 pm By JD Alois  |  

CoAssets Limited (ASX: CA8), a Singapore-based crowdfunding platform and even organizer, is partnering with the Linca Group, with the support of the Fuzhou district government, to bring their EPIC series to Fuzhou, China. Entitled “One Belt, One Road – Infinite Possibilities”, the Expo in Property, Investing and… Read More

October 24, 2016 @ 9:08 am By JD Alois  |  

The Korean Financial Services Commission (KFSC) and the Monetary Authority of Singapore (MAS) have signed a “cooperation agreement” to provide a framework to work together on Fintech initiatives.  Acdording to MAS, under the agreement the two agencies will explore potential joint innovation projects on technologies… Read More

October 22, 2016 @ 2:48 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has signed another cooperation agreement to help propel mutual interests in Fintech development.  MAS has signed an agreement to cooperate with the government of Andhra Pradesh (GoAP), a state in India. Andhra Pradesh is one of 29 states and… Read More

October 20, 2016 @ 4:26 am By Erin Hobey  |  

Insurance companies in Asia are facing a “labyrinth” of regulations as they increase investment in the insurtech space, particularly in areas such as telematics, biometrics and big data, according to The Insurtech Revolution: Regulatory Updates and Innovative Evolution in the Insurance Sector, a new guide… Read More

October 11, 2016 @ 8:51 am By Samantha Hurst  |  

Singapore-based crowdfunding platform CoAssets (ASX: CA8) announced on Tuesday it has appointed Tommy Teo as its new chief financial officer. Nick Bishop has stepped down from his role of chief financial officer at CoAssets, and will continue to assist with operations in Australia. CoAssets revealed that Teo is a Certified Practicing… Read More

October 7, 2016 @ 8:10 am By JD Alois  |  

EthisCrowd has been recognized as the Best Islamic Crowdfunding Platform for its social impact real estate campaigns in Indonesia. The Singapore-based platform received the award at the 6th Global Islamic Finance Awards (GIFA) 2016, in Jakarta recently. President Joko Widodo was the guest of honor and also… Read More

September 30, 2016 @ 3:02 pm By Samantha Hurst  |  

Earlier this week, Söderlund International’s HUONE Hotel finished its equity crowdfunding run on Invesdor. The Helsinki-based firm secured €565,794 for the meeting and event hotel’s new Singapore location. To date, the HUONE Hotel has won a total of six awards, which includes Best Event Venue in Finland… Read More

September 29, 2016 @ 9:00 am By Samantha Hurst  |  

On Thursday, international financial services group Manulife announced the opening of its third Lab of Forward Thinking (LOFT) location in Singapore. The lab is described as a global exploration and incubation capability that provides a platform for Manulife’s employees to collaborate and devise new technology… Read More

September 28, 2016 @ 6:59 am By Erin Hobey  |  

Chennai, India-based online financial marketplace, BankBazaar announced the addition of $736K (SGD 1 Mn) growth capital into its Singapore arm, BankBazaar International, according to a release.  The funds will be used to scale technology, and strengthen the expansion strategies, as well as to establish its first financial marketplace in… Read More

September 23, 2016 @ 10:45 am By Samantha Hurst  |  

With less than a week until its Invesdor campaign comes to an end, Söderlund International’s HUONE Hotel has secured nearly  €475,000. The unusual hotel is seeking a minimum of €500,000 for its new Singapore location. HUONE is described as a meeting and events hotel, which means NO actual bedrooms. Since its launch in 2012, HUONE… Read More

September 21, 2016 @ 2:51 pm By Samantha Hurst  |  

On Tuesday, private investment company Marvelstone Group announced it developed a new fintech hub, called LATTICE80, and will be launching it in Singapore.The company stated that LATTICE80 will be located in the Central Business District (CBD), an area that is notably close to the key financial… Read More

September 20, 2016 @ 5:03 am By Erin Hobey  |  

Singapore-based fintech startup Traderwave is delighted to announce their participation in the Cohort 3 of the MaGIC Accelerator Program. Claiming to be the largest start-up accelerator program in Southeast Asia, this four-month long program began in mid- August 2016, and is scheduled to end on 8 December 2016…. Read More

September 12, 2016 @ 9:23 am By JD Alois  |  

Singapore has a policy objective to become a global Fintech hub and today they are announcing another step in that direction. The Monetary Authority of Singapore (MAS) has joined with the Swiss Financial Market Supervisory Authority (FINMA) to sign an agreement to engender greater cooperation… Read More

September 11, 2016 @ 10:02 pm By JD Alois  |  

Celeno Communications, an Israel-based creator of wifi chips and other technology, has closed a $38 million funding round to fuel company expansion. The round was led by Red Dot Capital Partners – a sister entity of Singapore-based Temasek. Temasek is owned by the government of Singapore and maintains an… Read More

September 5, 2016 @ 8:11 am By Samantha Hurst  |  

Singapore-based crowdfunding platform CoAssets announced on Monday it has officially listed on the Australian Securities Exchange Ltd (ASX). This news comes after the funding portal raised  S$6.72 million (A$6.55 million)1 under its Public Offer at an issue price of S$0.41 (A$0.40) per share. The company revealed… Read More

August 30, 2016 @ 2:51 pm By Samantha Hurst  |  

On Tuesday, crowdfunding giant Kickstarter announced Hong Kong and Singapore project creators may now launch campaigns on its funding portal. This news comes nearly one month after the Kickstarter team revealed their plans for the two countries. ? Creators in Singapore & Hong Kong can… Read More

August 30, 2016 @ 10:18 am By Samantha Hurst  |  

Last week, Hitachi, Ltd. (TSE: 6501, Hitachi) announced it has teamed up with Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) for a blockchain technology project to check digitalization in Singapore. Both companies reported that they had started Proof of Concept (PoC) testing. During the PoC testing,… Read More

August 29, 2016 @ 12:14 pm By JD Alois  |  

Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS, was questioned earlier this month on the policy measures incorporated by the Monetary Authority of Singapore (MAS), in regards to investment crowdfunding. The query came from Ms. Foo Mee Har, an MP from the West… Read More

August 25, 2016 @ 9:21 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has published a consultation paper on a payments regulatory approach. Simultaneously MAS has created a “National Payments Council” to help foster digital payments and the ascension of Fintech. Noting that presently there are multiple regulatory environments and legislation action,… Read More