Financial Technology
M-DAQ acquires Wallex to expand its cross-border ecosystem
SINGAPORE, Feb. 22, 2022 /PRNewswire/ -- M-DAQ, a leading Singapore-based fintech company today entered into a definitive agreement to acquire Wallex, a B2B cross-border payments provider with licenses inHong Kong, Indonesia, and Singapore. The acquisition is the first of a series for M-DAQ, as i...
M-DAQ acquires Wallex to expand its cross-border ecosystem
SINGAPORE, Feb. 22, 2022 /PRNewswire/ -- M-DAQ, a leading Singapore-based fintech company today entered into a definitive agreement to acquire Wallex, a B2B cross-border payments provider with licenses inHong Kong, Indonesia, and Singapore. The acquisition is the first of a series for M-DAQ, as i...
FP Markets adds new range of Soft Commodities
New Soft Commodity products expand FP Markets Soft Commodities Portfolio to 9
(nine) via the FP Markets Metatrader 4 (MT4) & Metatrader 5 (MT5) Platform.
SYDNEY, Feb. 21, 2022 /PRNewswire/ -- FP Markets
Leading cross-border fintech startup Dowsure raised $20 million to fuel the growth of millions of cross-border e-commerce sellers in China
SHENZHEN, China, Feb. 21, 2022 /PRNewswire/ -- Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-commerce sellers fromChina on marketplaces like Amazon, eBay, Shopee and more, unleashing the potential lending size of more thanCNY ...
Pocket Network Becomes Primary Infra Provider To Decentralize Fuse's Open-Source Financial Blockchain
TAMPA, Fla., Feb. 21, 2022 /PRNewswire/ -- Pocket Network, a Web3 RPC infrastructure middleware protocol which provides abundant blockchain bandwidth from a globally-distributed network of 30k+ full nodes to applications in Web3 across 37 blockchains, including Ethereum, Polygon, Solana, Avalanch...
Cassini Systems Named Best UMR Service of the Year in Risk Markets Technology Awards 2022
LONDON, NEW YORK and SINGAPORE, Feb. 18, 2022 /PRNewswire/ -- Cassini Systems , the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants and specialist in Uncleared Margin Rules (UMR) compliance, has just won the 2022 Risk Markets Technology A...
ATFX Announces the Launch of 35 ETF CFDs
HONG KONG, Feb. 18, 2022 /PRNewswire/ -- As 2022 begins, ATFX announced the launch of 35 new ETF CFD products covering stock indices, energy, gold, real estate and much more.The main goal of ATFX is to provide investors with various options to help them diversify their risk and increase their tra...
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...
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...
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