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To support its global ambitions, it has appointed a veteran entrepreneur to its board. Singapore insurtech BetterTradeOff (BTO) is preparing to expand globally through partnerships with major banks and insurance companies looking to offer their customers the…
The much anticipated blockbuster listing of Chinese fintech giant Ant continues to face obstacles, this time from mainland regulators claiming a conflict of interest with its payment arm Alipay. The China Securities Regulatory Commission (CSRC) is looking…
E-payment company NextPay Holdings plans to raise up to $100 million in the first quarter next year via a private placement. Its CEO, Nguyen Huu Tuat, said that the company is looking for strategic foreign investors and would offer them a 20 percent stake,…
the @-WISE Cybersecurity Centre of Excellence in Singapore aims to grow and groom cybersecurity talents. Plans for the cybersecurity platform were announced by partners Hong Kong-headquartered financial services group AMTD, the University of Waterloo, iQ4 and…
The firm is said to be exploring opportunities in Southeast Asia and other emerging markets, such as India and Latin America, to grow its fintech business. The financial technology arm of Singapore gaming and technology brand Razer said that while awaiting…
The Singapore joint venture will serve both retail and institutional investors from the globe with a more transparent and secure settlement solution. Bangkok-based fintech Lightnet’s partnership with SEBA will strengthen its remittance settlement capabilities…
Mastercard has announced an expanded strategic partnership with Eedenbull to cover the Asia Pacific as the Scottish fintech eyes a slice of the region’s business-to-business payments market. Building on its partnership in Europe, Eedenbull will leverage…
Picture Wealth has completed a A$12 million equity and debt funding round, at it sets its sights on reinventing the country’s financial advisory and superannuation landscape. The fast-growing company has completed late-seed funding round and acquired 100…
Ayannah and Equity Capital Advisors will merge their businesses in India, the Philippines and Indonesia to form Ayannah Global, headquartered in Singapore. Philippines-based digital financial services provider Ayannah and India-based payments company…
Financial product comparison platform GoBear acquired AsiaKredit in a bid cover Asia’s alluring unbanked segment. Singapore-based AsiaKredit was acquired at an undisclosed amount following an announcement by GoBear in May last year that it raised around $80…
Financial technology, alongside other developments, helped boost Hong Kong’s ranking as a tech innovation hub to tenth place worldwide in the latest KPMG survey. Hong Kong’s ranking improved from 12th place last year, according to the KPMG report which…
The bank is bringing on board a fintech evangelist, who will focus on strengthening data analytics and channel capabilities at its transaction banking business. Standard Chartered has announced that fintech leader Kahina Van Dyke has joined its Corporate,…
The firm is opening a regional center to be closer to clients and strengthen its footprint in Asia Pacific on the back of rising demand for fintech services. Digital software provider Backbase is expanding to Asia Pacific with the opening of its regional…
The Shanghai government announced a series of policies to motivate firms and talent while formally challenging the similar ambitions of nearby Hangzhou. Shanghai’s municipal government is taking an admittedly expedited path, according to a report citing a…
Tranglo will facilitate cross-border remittances to users of Alipay, who will be able to receive quick and secure money transfers within the app. Southeast Asian Fintech company Tranglo is partnering payment and lifestyle giant Alipay on cross-border…
The funds will be invested into the Stellar Network, the blockchain technology underlying Lightnet’s platform, as well as to build a «next-generation financial mobility network.» Bangkok-based fintech Lightnet has raised $31.2 million in a Series A funding…
