Tagged: taiwan

Crypto Wallet Hardware Company CoolBitX Partners with Litecoin Foundation, Receives $13 Million in Funding

Crypto wallet CoolBitX has announced a new partnership with the Litecoin Foundation. At the same time, CoolBitX is kicking off its global launch of its CoolWallet S hardware in the US. CoolBitX envisions a future where retail consumers use their crypto wallet hardware and the… Read More

Asian Electric Music Festival Ultra Taiwan 2018 Set to Use Blockchain for Onsite Transactions Thanks to Collaboration with Pundi X

On Monday, organizers of the music festival, Ultra Taiwan 2018, announced they have teamed up with Pundi X to allow the upcoming event to use blockchain for onsite transactions. According to the organizers, the exclusive partnership between  Pundi X and the Ultra Taiwan Festival will see over… Read More

Microsoft Taiwan Announces “Blockchain” Cooperative Deal with Digital China and HighCool

Microsoft Taiwan held a joint press conference with Digital China and HighCool companies at Le Meridien Hotel in Taipei June 28th to announce a “tripartite blockchain strategy cooperation” agreement has been struck between the three firms to create a vast, blockchain-moderated public-private computing cloud. Also… Read More

Taiwan Seeking Clear Regulation of Cryptocurrency by the Fall

The Asia Times has reported that Taiwan will introduce new rules for the regulation of crypto industries by November 2018. Taiwanese Justice Minister Chiu Tai-san announced the plans at an anti-money laundering conference hosted last week by the Taiwan Financial Services Coalition, who had reportedly… Read More

IOTA Partners with Taipei City to “Meet its Smart City Needs”

The IOTA Foundation has announced a partnership with Taipei City designed to help the Asian capital meet its smart city needs. “We are so excited about teaming up with Taipei City,” said David Sønstebø, Co-Founder of the IOTA Foundation. “It proves that our next-generation technology is… Read More

Taiwan Passes Legislation Creating Fintech Sandbox in Move to Keep Up with Financial Innovation

The Taiwan legislature has passed legislation that will create a regulatory Fintech Sandbox in a move designed to keep the country up to date on the fast changing financial services industry. Inspired by the UK Fintech Sandbox, the law hopes to stop Fintech firms from… Read More

Jason Hsu, Member of Parliament, Wants to Turn Taiwan into Fintech Hub, Seeks Robust ICO Market

Jason Hsu is on a mission to turn Taiwan into a Fintech hub. This includes the development of a robust Initial Coin Offering market – in stark contrast to several Asian neighbors like China and South Korea,  two countries that banned all ICOs earlier this… Read More

Report: Taiwan Sees Crypto & Blockchain as an Opportunity for Growth

Taiwan appears to be taking a different approach than its neighbor China when it comes to distributed ledger technology and cryptocurrency. In a report from the Newslens, the Financial Supervisory Commission (FSC) Chairman Wellington Koo told a joint meeting of Parliament and the cabinet that… Read More

OurCrowd Continues Asia Expansion By Bringing Equity Crowdfunding to Taiwan

OurCrowd, the leading global equity crowdfunding platform, has announced its expansion in Asia with a new Taipei office and financial partner, Shanghai Commercial & Savings Bank (SCSB). According to OurCrowd, SCSB recently received the approval of the Financial Supervisory Commission, to invest in the Israel… Read More

Standard Chartered Bank Taiwan Opens New iWealth Digital Branch

Standard Chartered Bank Taiwan opened a digital branch called iWealth in Taipei earlier this month.  iWealth is another component of the London-based bank’s foray into fintech in the Asia-Pacific region.  SC Bank will invest $1.5 billion in Taiwan over the next three years, focusing on… Read More

Microsoft Announces Support for Asian Consortium Blockchain Network on Azure

Earlier this month, tech giant Microsoft announced it formed a partnership with AMIS and the Industry Technology Research Institute of Taiwan to create Asia’s consortium blockchain network on Azure. The company also revealed it is collaborating with banks such as Fubon Financial, Cathay Financial Holdings, MegaBank, KGI, Taishin,… Read More

Taiwan: Report on Crowdfunding

Below is a report that was forwarded to Crowdfund Insider a few weeks back outlining the crowdfunding market in Taiwan.  As we published recently, investment crowdfunding has been slow to take off but rewards based crowdfunding has apparently generated decent traction. If the regulators get… Read More

Recent Developments in Equity-Crowdfunding and its Regulation in Taiwan

As of July 2016, there are three equity-crowdfunding platforms in Taiwan, including Startup Shares, eFUN, and Crowdfund Masterlink. According to equity crowdfunding regulations in Taiwan, it is necessary to apply for a securities broker license. However, if the securities broker operates only an equity crowdfunding… Read More

MobiKwik Taps GMO Payment Gateway & MediaTek for Successful Series C Round

MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors… Read More

What does Taiwan’s Cash Card Crisis Mean for Consumer Finance in Mainland China?

  A decade ago, bank salespersons were seen at almost every street corner in Taipei. Apart from credit cards, they also offered unsecured micro-loans to ordinary people. As long as you didn’t have a criminal record and could provide your basic information such as ID… Read More

Backer-Founder: First Crowdfunding Consultancy in Taiwan Celebrates Anniversary. Claims $10.1 Million Total Raised

Backer-Founder, a consulting firm in Taiwan that stakes claim to being the first of its kind in the country, celebrated its one  year anniversary of helping crowdfunding campaigns achieve their goals.  According to the company, the crowdfunding consultancy has managed over 50 projects in the… Read More

Jibo, Inc. Raises $11M in Series A Extension Financing

Jibo, Inc., the company behind Indiegogo success family robot, Jibo, has closed $11M in a Series A extension round with strategic investors from Taiwan, Japan, Korea and China. Participating investors include: Acer (Taiwan) – Established in 1976, Acer is a hardware + software + services company… Read More

The New Crowdfunding Market in Asia: Taiwan

  Crowdfunding is estimated to be commencing this May (2015) in Taiwan. To encourage the development of start-ups and SMEs, the financial authority in Taiwan, which is called Financial Supervisory Commission (FSC), will provide a regulatory structure for crowdfunding. Since the Security Act in Taiwan requires the… Read More

Tim Cheng of FlyingV on Equity Crowdfunding in Taiwan

FlyingV may be the largest crowdfunding platform in Asia today.  Based in Taiwan, the platform has led the space in Taiwan, and in many respects Asia general.  Crowdfund Insider interviewed Tim Cheng, CEO of FlyingV, late in 2014 to hear about his viewpoint on the crowdfunding space…. Read More

Update: Smart Lock Sesame Continues to Find Success on Kickstarter; Captures Over $500,000 in Less Than Two Weeks

Stanford student, Jerming Gu, and his smart lock project, Sesame, have raised nearly $500,000 dollars after only a little over a week on crowdfunding giant, Kickstarter. Gu, founder of CANDY HOUSE Inc., is a mechanical engineering master candidate from Stanford University. Originall from Taiwan, he is a someone who… Read More

Send this to a friend