Financial Technology

South Korean agrifood trading platform Tridge secures US$60m investment to scale up the fight against food insecurity

Forest Partners invest in food market intelligence and digital trading hub now valued atUS$500m. Pandemic and climate change drive new levels of food disruption. SEOUL, South Korea, July 12, 2021 /PRNewswire/ -- Tridge , the digital trading and market intelligence hub fo...

2021-07-12 07:30 8697

HICOOL 2021 Global Entrepreneurship Competition (Preliminary Round) is Launched in Full Swing on July 10th

BEIJING, July 11, 2021 /PRNewswire/ -- On July 10th, HICOOL 2021 Global Entrepreneurship Competition (Qualifying Round) is launched in full swing. A total of 1,237 startups shortlisted for the preliminary round compete off-line inBeijing and online in a global context in six major industries: New...

2021-07-11 21:00 2595

Zwipe getting ready to drive Next-Generation Payment Cards

OSLO, Norway, July 9, 2021 /PRNewswire/ -- Dear stakeholders of Zwipe,  Through the first half of 2021, our global payment ecosystem of Smart Card Manufacturers, Payment Processors, Banks and Go-to-market Partners has continued to expand at a rapid pace, further strengthening our foundation for ...

2021-07-09 17:00 43327

WeChat Pay HK Announces Consumption Voucher Offer Details

Spend freely at more than 100,000 local merchants with the consumption vouchers HONG KONG, July 9, 2021  /PRNewswire/ -- WeChat Pay HK, one of the selected Stored Value Facility operators for the implementation of the consumption voucher scheme (CVS) by the Hong Kong Special Administrative Region...

2021-07-09 14:53 4171

Nium Receives New Payments Licence Privileges from the Monetary Authority of Singapore

SINGAPORE, July 9, 2021 /PRNewswire/ -- Nium , a leading global payments platform, today announced that itsSingapore entity, Nium Pte Ltd. has been issued licences by the Monetary Authority ofSingapore, under the Payments Services Act 2019 (PSA), to conduct account issuance,...

2021-07-09 10:00 2642

Circle to go public through a business combination with Concord Acquisition Corp, supported by over $1.1B in capital

- Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. - The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders ...

2021-07-08 19:07 48680

CollaboGate and Tessera Technology start a demonstration experiment to build the world's first "decentralized IoT platform" using decentralized identifiers.

TOKYO, July 6, 2021 /PRNewswire/ -- CollaboGate Japan, Inc. (headquartered in Shibuya-ku,Tokyo; Masayoshi Mitsui, CEO; hereinafter referred to as "CG") has formed a business alliance with Tessera Technology Inc. (headquartered in Nishi-ku,Yokohama City, Kanagawa Prefecture; hereinafter referred t...

2021-07-08 16:42 4970

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...

2021-07-08 16:29 2885

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...

2021-07-08 08:00 2262

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,...

2021-07-08 07:00 1887

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...

2021-07-07 19:51 2715

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...

2021-07-07 19:17 3412

Windward Launches First-of-its-Kind Company Risk Insights to Go Beyond Traditional Maritime Data

LONDON, July 7, 2021 /PRNewswire/ -- Windward , the Predictive Intelligence company applying AI to transform global maritime trade, announced today the launch ofCompany Risk Insights. The capability rounds out Windward's holistic risk management solution to go beyond traditiona...

2021-07-07 19:00 2007

Nium to Acquire Wirecard Forex India Private Limited

SINGAPORE, July 7, 2021 /PRNewswire/ -- Nium , a leading global payments platform, today announced it has signed a definitive agreement to acquireWirecard Forex India Pte. Ltd – a foreign currency exchange, pre-paid card, and remittance servi...

2021-07-07 12:00 2453

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...

2021-07-07 07:30 2122

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,...

2021-07-06 15:00 3456

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...

2021-07-05 22:02 2836

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...

2021-07-05 21:27 4886

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...

2021-07-02 17:07 2008

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 (...

2021-07-02 15:47 2508
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