Financial Technology
Global Venture Capital Firm Flourish Expands Team and Regional Efforts
New Hires Support Fintech Entrepreneurs in SE Asia, Brazil, India, and U.S. REDWOOD CITY, Calif., Feb. 17, 2022 /PRNewswire/ -- Today, venture capital firmFlourish announced that it is expanding its global investment team with four new hires and building its local presence inSingapore and Sao Pau...
Dubai International Financial Centre records best performance in 17-year history driving Dubai's next phase of growth
DUBAI, UAE, Feb. 17, 2022 /PRNewswire/ -- Dubai International Financial Centre
(DIFC), theMiddle East, Africa and South Asia region's leading global financial
centre has reported its best annual performance to date.
Bullquote Introduces Enhanced Account Selection, Suited for All Types of Traders
SYDNEY, Feb. 17, 2022 /PRNewswire/ -- As markets become increasingly attractive in the eyes of traders, mainly as a result of enhanced volatility over short periods of time, more and more are looking for different ways to explore their potential. One of the most popular trading venues today is th...
ATFX reported impressive trading results in 2021
DUBAI, UAE, Feb. 17, 2022 /PRNewswire/ -- Leading Forex and CFD broker, ATFX reported impressive quarterly and full year growth in trading volume. Introduced 187 new products, bringing the total number of tradable instruments to 351 in 2021, the brokerage recorded an average monthly volume ofUSD1...
Tinkoff chooses BPC's SaaS payment services to drive Asia expansion
MANILA, Philippines, Feb. 17, 2022 /PRNewswire/ -- BPC today announced that Tinkoff has selected its SaaS Cloud payment services for its planned expansion tothe Philippines. The project is an extension to an existing partnership between the two companies and is a testimony to BPC's proven technic...
With an eye on bridging Cefi and Defi, M2P Fintech acquires Core Banking platform company BSG ITSOFT
The acquisition expands M2P Fintech capabilities to roll out full digital Bank BANGALORE, India, Feb. 17, 2022 /PRNewswire/ -- M2P Fintech, Asia's largest API infrastructure company has signed definitive agreement to acquire BSG ITSOFT, a leading provider of Core banking solutions. The acquisitio...
Qumata signals global expansion with extension of Series A funding to US$23M with an additional key investor joining its portfolio of backers
HONG KONG, Feb. 16, 2022 /PRNewswire/ -- Qumata, a global leader in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has announced an extension to its Series A round of funding toUS$23 mil...
Funding Societies raises US$294m to fuel expansion plans in Southeast Asia
* Southeast Asia's largest SME digital financing platform raises US$144 million Series C+ equity and US$150 million debt lines from financial institutions inEurope, the United States, and Asia. * The round is led by SoftBank Vision Fund 2, with participation from VNG, Rapyd Ventures, EDBI, In...
Earlytrade secures five-year partnership with Boral
* The deal will see Earlytrade digitise Boral's supplier payment and progress claim processes * Earlytrade will help protect Boral's supply chain against inflation and insolvency trends, and garner loyalty with suppliers to attract and retain top trades * More than 5,000 suppliers and subco...
Senmiao Technology Reports Fiscal 2022 Third Quarter Financial Results
CHENGDU, China, Feb. 15, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced financial results for the fisc...
NETBANK LAUNCHES BANKING SERVICES THROUGH APIs IN THE PHILIPPINES
MANILA, Philippines, Feb. 15, 2022 /PRNewswire/ -- Netbank, a fully-regulated
bank that offers Banking-as-a-Service solutions has unveiled Netbank Virtual (
https://virtual.netbank.ph
SAIB taps Moneythor to roll out intelligent PFM
SINGAPORE and RIYADH, Saudi Arabia, Feb. 15, 2022 /PRNewswire/ -- In alignment
with KSA Vision 2030 and as part of the responsibility ofThe Saudi Investment
Bank (SAIB)
WireBarley partners with Tencent Financial Technology for global remittance
SEOUL, South Korea, Feb. 15, 2022 /PRNewswire/ -- WireBarley today announced its partnership withTencent Financial Technology for overseas remittance service, specifically for international money transfers toChina through Weixin, the mainland Chinese version of WeChat. WireBarley is the firs...
Singapore and Switzerland Co-Organise Point Zero Forum to Discuss Innovation in Digital Financial Technology
SINGAPORE, Feb. 14, 2022 /PRNewswire/ -- The Swiss Secretariat for International Finance (SIF) and Elevandi, today announced the launch of the inaugural Point Zero Forum, to be held onJune 21-23 in Zurich, Switzerland. This in-person event will provide a platform for global leaders across the pu...
Fare hikes getting you down? Earn as you ride with Revolut
SINGAPORE, Feb. 14, 2022 /PRNewswire/ -- Commuters feeling the pressure of increased commuting fares will be happy to know that global financial superapp Revolut is giving cashback on Gojek rides starting today. This cashback promotion is in addition to the existing Public Transport cashback the...
Mobileum Invests in Japan to Support Local Business Growth
Opening of a new subsidiary in Japan and addition of local team enables Mobileum to provide close support to its customers and partners in the region CUPERTINO, Calif., Feb. 14, 2022 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and netw...
The Largest Digital Bank in China featured in the latest Forbes Blockchain 50
SHENZHEN, China, Feb. 11, 2022 /PRNewswire/ -- WeBank, the world's leading digital bank, is featured in the Forbes Blockchain 50 2022. The bellwether list recognizes large corporations that lead in employing distributed ledger technology and reflects the spreading impact of the blockchain market ...
BRI Microfinance Outlook 2022: BRI Continues Supporting Ultra-Micro Sector for Economic Recovery
JAKARTA, Indonesia, Feb. 11, 2022 /PRNewswire/ -- Bank BRI (IDX: BBRI), has announced its commitment to support the MSME sector inIndonesia to empower the ultra-micro sector at the BRI Microfinance Outlook 2022 onFebruary 10, 2022. The event was attended by Sri Mulyani, Minister of Finance; Air...
Nitstone Finserv announces TCS as its technology partner
BENGALURU, India, Feb. 11, 2022 /PRNewswire/ -- Nitstone Finserv
OneConnect Makes Forbes Blockchain 50 2022 List for Advanced Trade and Financing Solutions
SHANGHAI, Feb. 10, 2022 /PRNewswire/ -- OneConnect Financial Technology Co.,
Ltd. (NYSE: OCFT
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