Financial Technology

InstaReM Enables B2B Payments Into China

SINGAPORE, Aug. 2, 2019 /PRNewswire/ -- Businesses in Singapore can now look forward to build stronger ties with their counterparts inChina with faster payments for goods purchased and services availed. The payment facility, enabled byInstaReM , will make the trade b...

2019-08-02 09:00 2595

Newgen Software Enters ANZ Market With New Office in Australia

SYDNEY, Aug. 2, 2019 /PRNewswire/ -- Newgen Software, a global provider of solutions managing content, processes, and communication, announced that it has recently established a new office inSydney, Australia as a part of its concerted effort to expand footprints in theAustralia-New Zealand (AN...

2019-08-02 05:00 536

Pendulom Capital Launches Next Gen Investment Platform In Lieu of New Digital Era

LONDON, Aug. 1, 2019 /PRNewswire/ -- Pendulom is set to launch Altimates, an online derivatives-based investment platform curated for the current generation. The current economic uncertainty coupled with the emergence of more tech savvy and young investors, it is timely that platforms which provid...

2019-08-01 17:07 1069

Sabanci to Sprint Toward Future With Cenk Alper

ISTANBUL, Aug. 1, 2019 /PRNewswire/ -- Mehmet Göçmen, Member of the Board of Directors and Chief Executive Officer (CEO) of the Sabancı Holding, who has been in charge since30 March 2017, has decided to leave his duties as of July 31st, 2019.

2019-08-01 15:28 892

Future FinTech Granted Exception by NASDAQ to Regain Compliance with NASDAQ Listing Rule

XI'AN, China, July 31, 2019 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a financial technology company and integrated producer of fruit-related products, today announced that it received notification letter from NASDAQ Listing Qualificatio...

2019-08-01 04:00 6973

Lufax Vice President Yunny Lee Envisions a Self-Improving Future of Finance

BEIJING, July 30, 2019 /PRNewswire/ -- Lufax vice president Yunny Lee shared her insights and Lufax's best practices on breakthrough financial technologies (Fintech) and the future of finance at The Asian Banker's Finance China 2019. FinanceChina is an annual conference that brings together indus...

2019-07-31 10:44 949

Bambu Raises US$10 Million in Series B Funding

SINGAPORE, July 31, 2019 /PRNewswire/ -- Bambu (www.bambu.life ), a Singapore-based leading global provider of digital wealth technology, today announced the closure ofUS$10 million in a Series B funding round. Third-time investor Franklin Templeton co-led the investment ...

2019-07-31 10:30 1062

Wirecard Drives Cashless Payments in Singapore Together With Gong Cha, the Global Bubble Tea Company

* Gong Cha stores in Singapore use Wirecard's payment technology at their in-store POS. This includes the cashless kiosks, which reduce check-out lines and increase efficiency * Present in over 20 regions worldwide, Gong Cha is one of the most recognized bubble tea brands in the world * Bub...

2019-07-31 09:30 8090

Future FinTech adopts QRO anti-counterfeit code on its Hedetang brand products

XI'AN, China, July 30, 2019 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a financial technology company and integrated producer of fruit-related products, today announces that it has adopted the QRO anti-counterfeiting code to all products ...

2019-07-31 01:30 6769

Payscout and UnionPay Announce Partnership on Global Ecommerce with Instant Onboarding

LOS ANGELES, July 30, 2019 /PRNewswire/ -- Payscout and UnionPay International today announced that Payscout is a Principal Member and Global Acquirer of UnionPay International, the world's largest bankcard association in terms of card issuance, with over 7.5 billion cards issued globally. "Unio...

2019-07-30 20:00 957

China Lending Forges Partnerships to Accelerate the Development of Its Consumer Financing Business and Expand into Litigation Guarantee Business

BEIJING, URUMQI, China and HANGZHOU, China, July 29, 2019 /PRNewswire/ -- China Lending Corporation ("China Lending" or the "Company") (NASDAQ: CLDC), a non-bank financial corporation servicing micro, small and medium sized enterprises inChina, today announced that it has entered into a five-year...

2019-07-29 19:00 7241

Al Ahli Bank of Kuwait Partners With EdgeVerve for its Robotic Process Automation Journey

KUWAIT CITY, July 29, 2019 /PRNewswire/ -- Al Ahli Bank of Kuwait has partnered withEdgeVerve Systems , a subsidiary of Infosys (NYSE: INFY) to steer its automation journey using AssistEdge Robotic Process Automation (RPA). The award-winning...

2019-07-29 18:25 1301

StashAway raises USD$12 million in Series B funding led by Eight Roads Ventures

SINGAPORE, July 29, 2019 /PRNewswire/ -- StashAway, a robo-advisor for both retail and accredited investors, has completed aUSD$12 million (SGD$16.4 million) Series B round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International. Asia Capital & Advisors, the private ...

2019-07-29 04:00 1714

Blockchain copyright under the DCI certification

SINGAPORE, July 28, 2019 /PRNewswire/ -- The copyright certificate is not just a paper certificate. Its revolutionary change is popularized with the development of blockchain technology. The Internet has brought convenience to copyright protection, but it still has many uncertain factors. The ta...

2019-07-28 16:02 1174

Nubank raises USD 400 million in a new investment round led by TCV

SAO PAULO, July 27, 2019 /PRNewswire/ -- Nubank, the leader in financial technology inLatin America, today announced it has raised $ 400 million in its Series F investment round. The round was led by TCV, one of the largest growth equity firms based in the U.S., and marks TCV's first significant ...

2019-07-27 02:57 1669

Virtual banks to shake up the competition in Hong Kong's banking landscape, finds KPMG's Hong Kong Banking Report 2019

HONG KONG, July 26, 2019 /PRNewswire/ -- Hong Kong is set to witness the launch of its first virtual banks following the recent issuance of eight licences by the Hong Kong Monetary Authority (HKMA). These new players are expected to broaden the selection of banking options, foster innovation and ...

2019-07-26 16:36 1905

LexinFintech Wins The Asian Banker Award for Best Lending Technology in China

BEIJING, July 26, 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. ("Lexin") (NASDAQ: LX), a leading fintech platform for educated young adults in China, has been awarded the Best Lending Technology Initiative, Application or Programme inChina by The Asian Banker, whose awards are seen as undisput...

2019-07-26 16:28 9630

Vietnam's first and largest P2P lending platform - VayMuon.vn announces the close of seed round funding

HANOI, Vietnam, July 26, 2019 /PRNewswire/ -- Aiming to target customers who are underserved by banks and financial institutions, for the past 2 years, VayMuon.vn has been delivering a secure and convenient approach to personal financing services. For the first time in the history of credit servi...

2019-07-26 12:35 1541

Cbus Selects Matrix to Power Investment Data Management

SYDNEY, LONDON and NEW YORK, July 25, 2019 /PRNewswire/ -- Matrix, a leading solution provider to asset owners and managers, is delighted to announce Australian-based Cbus as a new customer. Cbus will use Matrix's proven investment management software to aggregate and analyze investment data from...

2019-07-25 21:53 1249

Non-compliance Due to Market Capitalization and Stockholders' Equity Levels

SHANGHAI, July 25, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) (the "Company") today announced that it had received a letter from the New York Stock Exchange (the "NYSE") notifying it that the Company was not in compliance with the NYSE's continued listing standards because, as o...

2019-07-25 20:00 9423
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