Financial Technology
GUUD Launches New RYTE Financing Platform To Make Trade Finance Accessible for All Businesses
* New Platform enables businesses big or small to access trade finance options to improve cashflow * Opens up opportunities for businesses to apply for credit from alternative financiers SINGAPORE, July 8, 2021 /PRNewswire/ -- Singapore's GUUD (Finance) Pte. Ltd. ("GUUD Finance") today announ...
Enfusion Strengthens Presence in China with Wholly Foreign-Owned Enterprise
Firm doubles down in region following record growth in APAC as Chinese market further opens up NEW YORK and LONDON and HONG KONG, July 8, 2021 /PRNewswire/ -- Enfusion, the leading provider of cloud-based investment management software and services, announced today that they have formed a wholly...
Airwallex partners with powerhouse entrepreneur Naomi Simson to empower Australian businesses to scale
* Airwallex partners with renowned Australian entrepreneur and Shark Tank investorNaomi Simson to help SMBs build their businesses for scale and grow successfully * The partnership's theme, 'Choose Growth', focuses on key business growth challenges including growing a customer base, cashflow,...
Endowus crosses S$1 billion in assets in under 20 months to become Singapore's fastest growing digital wealth manager
* Endowus hits S$1 billion in assets under advice within 20 months of becoming the first MAS-licensed digital advisor for investing cash, CPF & SRS savings on one platform. * Endowus recently raised S$30 million in strategic and venture capital from UBS, Samsung, Singtel Innov8, LightSpeed Ve...
LU Hong Kong launches Hong Kong's first open robo-advisory platform, AI-backed "Lucy" offers professional wealth management services to its clients
HONG KONG, July 7, 2021 /PRNewswire/ -- LU International (Hong Kong) Limited ("LU Hong Kong"), a subsidiary of Lufax Holding Limited ("Lufax"; NYSE: LU), introducesHong Kong's first open robo-advisory platform, offering tailor-made asset allocation solutions through its professional AI investment...
Windward Launches First-of-its-Kind Company Risk Insights to Go Beyond Traditional Maritime Data
LONDON, July 7, 2021 /PRNewswire/ -- Windward
Nium to Acquire Wirecard Forex India Private Limited
SINGAPORE, July 7, 2021 /PRNewswire/ -- Nium
Volopay announces partnership with global real estate technology giant WeWork; launches free reimbursement feature.
SINGAPORE, July 7, 2021 /PRNewswire/ -- Singapore based Fintech startup Volopay announced a partnership with WeWork to offer an integrated business spend management solution inSingapore and Australia. The partnership demonstrates Volopay's continued progress in the fintech space with its sophi...
Audi Selects Mobileum for Connected Car Testing and Monitoring
Audi relies on Mobileum's end-to-end service assurance and active testing technology to deliver quality Connected Car Services and to reduce cost. CUPERTINO, Calif., July 6, 2021 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics-based roaming and network services,...
Airwallex CEO recognised for engineering excellence by the University of Melbourne; plans to boost Australia's tech talent pool with new engineering hub in Sydney
* Jack Zhang becomes the first tech leader to be awarded the prestigious Kernot Memorial Medal by theUniversity of Melbourne * Airwallex strengthens its engineering capabilities in Australia by launching a new engineering hub inSydney, in addition to its existing hub in Melbourne MELBOURNE, A...
KPS Capital Partners To Sell DexKo To Brookfield Business Partners
DEXKO DOUBLED ITS PROFITS UNDER KPS' OWNERSHIP NEW YORK, July 5, 2021 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to sell its portfolio company, DexKo Global Inc. ("DexKo" or the "Company"), to Brookfield Business Partners L.P. (NYSE...
Kakao Pay Files for Initial Public Offering (IPO)
- Kakao Pay has become Korea's leading financial platform in four years since its establishment as an independent corporation in 2017 - Kakao Pay's IPO schedule Par Value 500 won Date for Book-Building July 29 to July 30, 2021 Price per share 63,000 won to 96,000 won Date for the IPO Subs...
Carrot Doubles Its Capital Through A Successful $90 Million Rights Offering
SEOUL, South Korea, July 2, 2021 /PRNewswire/ -- Carrot General Insurance Corp. ("Carrot" or the "Company"),South Korea's first digital-only insurance provider, announced Friday that the rights offering (the "Rights Offering") has been successfully closed with the gross proceeds of ₩100 billion (...
ATFX is honored Top 10 Hot Brands of the Year 2021
LONDON, July 2, 2021 /PRNewswire/ -- ATFX was recently named as one of the top
10 hot brands of 2021 by the CEO Views magazine. The broker was named the
leading Fintech broker and one of the top 10 Hot brands of 2021.
Azentio Software acquires specialist Insurance technology firm Beyontec
SINGAPORE, July 1, 2021 /PRNewswire/ -- Azentio Software ("Azentio" or the "Company"), aSingapore-headquartered software products business owned by Funds advised by Apax, is pleased to announce that it has signed a binding agreement to acquire Beyontec, a leading insurance technology company. ...
Mobileum Partners with GSMA in Launch of Blockchain based Telecom Business Network
CUPERTINO, Calif., July 1, 2021 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a
leading global provider of analytics solutions for roaming and network
services, security, risk management, testing, and monitoring, is pleased to
announce that it has been selected byGSMA
Contour launches trade finance innovation lab in Singapore
* Future of Finance Lab will further develop Contour's product offering and
create new standards for global trade SINGAPORE, July 1, 2021 /PRNewswire/ --
Contour
Qatar FinTech Hub, a QDB Incubator, Hosts Demo Day for Wave 2 of its Incubator and Accelerator Programs
DOHA, Qatar, June 30, 2021 /PRNewswire/ -- Qatar FinTech Hub (QFTH), founded by Qatar Development Bank (QDB) to support the growth of the FinTech industry in Qatar, has announced the Demo Day for Wave 2 of its flagship Incubator and Accelerator Programs which will take place on 1st July 2021, virt...
Receivables Fintech Chaser Opens Up Software Offering to All Businesses, Regardless of Their Accounting Platform
LONDON, June 30, 2021 /PRNewswire/ -- Chaser, the global credit control automation platform and service provider, today released its .csv import tool, Chase Import, to allow any business globally to benefit from accounts receivables automation agnostically from their accounting system. For too ...
HotForex rewards clients with Returns on Free Margin
PORT LUIS, Mauritius, June 30, 2021 /PRNewswire/ -- Global multi-asset broker
HotForex has announced that its exclusive reward programROFM (Return on Free
Margin) is available again offering new and existing clients the opportunity to
earn generousreturns up to 3% on their free margin!
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