Financial Technology
Airwallex raised US$200 million Series E funding round led by Lone Pine Capital
* New fundraising round cements Airwallex's position as one of the fastest growing unicorns today * US$200 million in fresh capital will fuel global expansion and accelerate the development of new products and services * Latest capital raise lifts valuation to US$4 billion SAN FRANCISCO and ...
2021-09-20 21:30
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The Cambodian Association of Finance and Technology (CAFT) and the American Chamber of Commerce in Cambodia (AmCham Cambodia) Memorandum of Understanding
PHNOM PENH, Cambodia, Sept. 20, 2021 /PRNewswire/ -- The Cambodian Association of Finance and Technology (CAFT), an association registered with the Ministry of Interior and recognized by the National Bank ofCambodia (NBC), and AmCham Cambodia, an association which advocates pro-business policies ...
2021-09-20 17:31
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PChome Online, Eyeing Fintech and BNPL Opportunities, Announces NT$1 billion Private Placement to Introduce China Development Financial (2883.TW) and Chunghwa Telecom (2412.TW) as Strategic Investors
TAIPEI, Sept. 20, 2021 /PRNewswire/ -- PChome Online Inc. (8044.TW) today (Sep. 17th, 2021) is pleased to announce a strategic partnership with China Development Financial("CDF"), Chunghwa Telecom ("CHT") and the founders of 21st Century Digital Technology Co., Ltd("21CD"). The strategic investor...
2021-09-20 14:33
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Plug and Play Launch the Second Run of the Global Innovation Alliance Acceleration Program in the Philippines Amidst Strong Appetite for Innovation
SINGAPORE, Sept. 20, 2021 /PRNewswire/ -- The largest global innovation platform for industry accelerators, Plug and Play, has partnered with Enterprise Singapore, theSingapore government agency championing enterprise development, in running the Global Innovation Alliance (GIA) program. The GIA ...
2021-09-20 10:00
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TradeFlow Capital Management expands commodity trade support in Latin America
SINGAPORE, Sept. 20, 2021 /PRNewswire/ -- TradeFlow Capital Management will provide increased commodity trade support for businesses inLatin America by leveraging its innovative non-lending and non-credit based instruments. By empowering small businesses with the right level of financial support ...
2021-09-20 08:58
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Right Issue to Develop Ultra-Micro Ecosystem, A New Source of Growth Amidst the Pandemic
JAKARTA, Indonesia, Sept. 17, 2021 /PR Newswire/ - PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) has come up with strategies to accelerate the UMi (Ultra-Micro Holding) ecosystem inIndonesia, following the official formation of UMi holding onSeptember 13, 2021. BRI's three main strategies al...
2021-09-17 15:26
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Accelerating Carbon Neutrality "Innovation for Cool Earth Forum (ICEF2021) -Online-"
TOKYO, Sept. 17, 2021 /PRNewswire/ -- The ICEF Secretariat announced on September 17 that Japan's Ministry of Economy, Trade and Industry (METI) and New Energy and Industrial Technology Development Organization (NEDO) will host "Innovation for Cool Earth Forum 8th Annual Meeting (ICEF2021)" onlin...
2021-09-17 14:02
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LU International, KASIKORNBANK and Robowealth jointly debut a new feature on FinVest
SINGAPORE, Sept. 17, 2021 /PRNewswire/ -- Lu International (Singapore) Financial Asset Exchange Pte. Ltd. ("Lu International"), a subsidiary ofChina's leading technology-empowered personal financial services platform Lufax Holding (NYSE: LU), together with KASIKORNBANK, leader in digital banking ...
2021-09-17 08:00
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Unveiling Right Issue, BRI to Build the Largest Ultra-Micro Ecosystem in Indonesia
JAKARTA, Indonesia, Sept. 16, 2021 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX:BBRI) has onAugust 31, 2021 launched a rights issue, with a transaction target of up toIDR 96 trillion. The proceeds from the Rights Issue will be used for establishing an ultra-micro holding company th...
2021-09-16 15:23
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Euroclear completes acquisition of MFEX Group
BRUSSELS and STOCKHOLM, Sept. 16, 2021 /PRNewswire/ -- Euroclear is pleased to announce its acquisition of MFEX Group, a leading global digital fund distribution platform, completed yesterday. Euroclear announced its intent to acquire MFEX onMarch 26, 2021. Financial terms of the transaction wer...
2021-09-16 15:00
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MoneySmart's Insurance White Paper 2021
SINGAPORE, Sept. 16, 2021 /PRNewswire/ -- Leading personal finance comparison site, MoneySmart, has consumer insights that indicate the potential for insurance companies inSingapore to better customer experiences through a balanced approach towards digital innovation and human interaction. Its r...
2021-09-16 13:25
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Fintica AI completes financial market manipulation detection pilot for Israel Securities Authority
TEL AVIV, Israel, Sept. 16, 2021 /PRNewswire/ -- Israeli fintech artificial intelligence start-up, Fintica AI, Ltd., today announced the successful completion of a data analysis technology pilot for the Israel Securities Authority (ISA). The pilot was undertaken as part of the data sandbox progra...
2021-09-16 08:00
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Global Fintech Platform Thunes Partners with M-Pesa Tanzania to Enable Instant Money Transfers to Bank Accounts in Kenya and Rwanda
SINGAPORE and TANZANIA, Sept. 15, 2021 /PRNewswire/ -- Thunes
2021-09-15 22:27
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Visa Digitally Enables 16 Million SMBs on Path to Reaching 50 Million Goal Worldwide
SINGAPORE, Sept. 15, 2021 /PRNewswire/ -- Visa today announced it has helped to digitally-enable an estimated 16 million small and micro businesses (SMBs) worldwide, or just over 30% of the multi-year goal it set in 2020 to digitize 50 million SMBs. Since the start of the pandemic, Visa has launc...
2021-09-15 22:26
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Firstrade Introduces Hourly Options Trade Ideas
New hourly reports provide timely, actionable insights to help investors quickly identify tradingopportunities NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Firstrade, the most cost-effective financial technology brokerage and one of the first to offer zero-commission trading, is giving beginner and ...
2021-09-15 21:00
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Financial Service Companies Look to Elevate Security by Partnering with Cloud Experts Offering Integrated Solutions
Solutions that break down data help FSIs build a more collaborative and successful business, finds Frost & Sullivan LONDON, Sept. 15, 2021 /PRNewswire/ -- The surge in cloud adoption in the UK has caused a simultaneous increase in the incidence of cyberattacks. The financial service industry (FS...
2021-09-15 15:02
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Reed Tradex Vietnam Organized SIE and VME 2021
HO CHI MINH CITY, Vietnam, Sept. 16, 2021 /PRNewswire/ -- Reed Tradex Vietnam in co-operation with the Japan External Trade Organization (JETRO)Hanoi and Vietnam Trade Promotion Agency (VIETRADE), Ministry of Trade and Industry (MOIT) to organize the digital opening ceremony of the 02 annual inte...
2021-09-15 14:34
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Revolut Singapore gives customers cashback of up to 20% for public transport spend till end-2021
SINGAPORE, Sept. 15, 2021 /PRNewswire/ -- With COVID measures gradually loosening up, Revolut Singapore is giving customers the opportunity to earn as they ride to work or play. From now till 31 December 2021, Revolut customers are eligible to receive attractive cashbacks whenever they use thei...
2021-09-15 10:00
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Tonik enters consumer lending with a game-changing 15-minute Quick Loan
MANILA, Philippines, Sept. 15, 2021 /PRNewswire/ -- Tonik, the Philippines' first digital-only neobank, has launched a pioneeringQuick Loan product on its platform. The launch ofQuick Loan marks Tonik's entry into the deeply underserved consumer lending market inthe Philippines, in which it inten...
2021-09-15 09:00
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SPTel launches on-demand digital services to accelerate digitalisation for businesses across industry sectors
SINGAPORE, Sept. 15, 2021 /PRNewswire/ -- SPTel today announced the launch of its new digitalised service offerings to accelerateSingapore businesses' transformation efforts. Offered on SPTel's business class digital network, its new service offerings include pay-as you-use digitalised services, ...
2021-09-15 08:30
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