Financial Technology

Equality for all: with the rise of investment platforms, individual investors can now access private debt deals alongside large institutional players

SINGAPORE, April 7, 2021 /PRNewswire/ -- According to the recent research paper byZero One , commissioned by KILDE , private debt, an asset class, yielding positive regular returns on a risk-adjusted basis, is now becoming more accessible to indivi...

2021-04-07 08:05 2138

IC Markets Surpasses USD 1 Trillion in Volume for March

SYDNEY, April 7, 2021 /PRNewswire/ -- Yet another quarter of record-breaking growth for online trading company IC Markets announced its results for the first quarter of 2021. The retail trading firm reported a surge in trading volume across all asset classes. According to IC Markets, 2021 sees...

2021-04-07 08:00 3340

StashAway, the award-winning digital wealth manager, launches in Hong Kong

HONG KONG, April 7, 2021 /PRNewswire/ -- StashAway, Asia's leading and fastest- growing digital wealth manager, is a low-cost and easy-to-use investing platform that provides intelligent asset allocation with global ETFs for both retail and professional investors. The platform will now be availab...

2021-04-07 04:00 9115

Leading cross border payments platform Instarem unveils new brand image and upgraded consumer offerings

SINGAPORE, April 6, 2021 /PRNewswire/ -- Instarem, a leading digital cross border payments platform, today announced that it has rebranded to align with the company's vision for moving beyond digital remittances. The rebrand involves a new brand identity that comes with a new logo, redesigned ...

2021-04-06 11:28 4048

Singapore-based neobanking startup StashFin raises USD 40 MM in Series B Extension equity financing from a clutch of global investors to expand in South Asia

SINGAPORE, April 6, 2021 /PRNewswire/ -- Singapore-based neo-banking startup Morus Technologies Pte Ltd 'StashFin' has announced the successful completion of Series B Extension equity financing ofUSD 40 million from a clutch of global investors. New investors participating in the round includeAlt...

2021-04-06 05:50 9590

Supporting Indonesia's 100 Smart Cities Movement, Lacak.io Makes IoT Integration Easy Across Sectors

JAKARTA, Indonesia, April 5, 2021 /PRNewswire/ -- PT. Lacak Cipta Aktual ( Lacak.io ), an Indonesian Internet of Things (IoT) startup, is supporting the government's "100 Smart Cities Movement

2021-04-05 18:09 8212

Credify - a provider of multi-service ecosystem connecting consuming services signed MOU with Vietnamese start-up Med247

HO CHI MINH CITY, Vietnam, April 5, 2021 /PRNewswire/ -- On March 31st, Credify and Med247 - a startup operating in the field of online and offline healthcare, signed a Memorandum of Understanding. Through this collaboration, Credify will open up opportunities for Med247 users to access contextu...

2021-04-05 08:00 7245

Selling Simplified appoints Daniel Juanillo as CFO amidst Unprecedented Company Growth

DENVER, April 2, 2021 /PRNewswire/ -- Selling Simplified Group, Inc. (SSG), a global leader in data-driven B2B demand generation, announced today the appointment of Daniel Juanillo as Chief Financial Officer. 

2021-04-02 19:09 4218

eftPay as the official electronic payment service provider of "18th HK Mega Showcase"; Showcases innovative e-Coupon platform "e+Coupon", enabling merchants to establish marketing campaigns at low costs

HONG KONG, April 2, 2021 /PRNewswire/ -- eft Payments (Asia) Limited ("eftPay"), one of the leading e-Payment services providers inHong Kong, is pleased to announce that it has been appointed the official electronic payment service provider of the "18th HK Mega Showcase" for the first time. The E...

2021-04-02 14:15 19676

INX Limited Closes CA$39.6 Million Subscription Receipt Private Placement in Connection with Going-Public Transaction

NEW YORK and TORONTO, April 2, 2021 /PRNewswire/ -- INX Limited ("INX") is pleased to announce that it has closed its previously announced private placement of subscription receipts (each, a "Subscription Receipt") at CA$1.25 per Subscription Receipt for aggregate gross proceeds of CA$39,600,000 ...

2021-04-02 05:56 4046

CIMB Bank PH strengthens partnership with leading local e-wallet service to extend digital credit facilities to Filipinos

MANILA, Philippines, April 1, 2021 /PRNewswire/ -- In line with its goals of advancing financial inclusion and promotion of cashless transactions inthe Philippines, CIMB Bank is strengthening its long-term strategic partnership with the leading local e-wallet service GCash in powering their micro...

2021-04-01 12:39 3799

Prometheum and Anchorage Digital Bank Announce First Digital Asset Securities Alternative Trading System (ATS)

With Anchorage custody and settlement, Prometheum takes critical step towards launching the first public Alternative Trading System ("ATS") for digital asset securities NEW YORK, March 31, 2021 /PRNewswire/ -- Today digital asset securities platform,Prometheum, and custodian and infrastructure p...

2021-03-31 21:00 2361

Proxtera's Global Open API Portal Goes Live

SINGAPORE, March 29, 2021 /PRNewswire/ -- Proxtera is a new global trading network for the connected age: empowering wholesale marketplaces to discover new buyers and sellers around the world, transact securely, and access a range of financial and logistics services to support a successful tra...

2021-03-31 20:23 4883

Avianca appoints CellPoint Digital for ambitious payment orchestration project

MIAMI, March 31, 2021 /PRNewswire/ -- Avianca, the oldest commercial airline in the world, has partnered with CellPoint Digital to improve customer experience when purchasing services and optimising payments across their entire global operation. This payment orchestration project is one of the mo...

2021-03-31 19:00 1418

Fractional Shares Trading is Now Available in SoFi Hong Kong APP

HONG KONG, March 31, 2021 /PRNewswire/ -- SoFi Hong Kong, a zero-commission securities trading APP inHong Kong, today announced the grand launch of its Fractional Shares trading service with a low entry fee of justUS$10 (equivalent toHK$78) per security. The stock collections featured 40 of the...

2021-03-31 17:37 10948

Atome Financial finalises acquisition of financing company amid rapid business expansion in Indonesia

JAKARTA, Indonesia, March 31, 2021 /PRNewswire/ -- Atome Financial has completed its acquisition of local financing company PT Mega Finadana Finance in Indonesia. The acquisition will allow Atome Financial to expand its business in Indonesia through especially consumer financing. Following the acq...

2021-03-31 15:05 8369

InfraRisk, Banjo Loans launch new short-term unsecured loans for small businesses in Australia

MELBOURNE, Australia, March 31, 2021 /PRNewswire/ -- Micro and small businesses on the path to recovery after COVID-19 will be able to source quick funding, similar to a buy now pay later solution, thanks to Banjo Supply, a new digital loan platform launched today by InfraRisk Pty Ltd (InfraRisk)...

2021-03-31 07:23 4175

Diebold Nixdorf Recognized by RBR as the Global Leader in Total Application and Monitoring Software for the ATM Industry

Company continues to grow its global software presence; delivering expanded transaction capabilities and enhanced user experience NORTH CANTON, Ohio, March 30, 2021 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD) was recently recognized by strategic research and consulting firm RBR in its "ATM Softw...

2021-03-30 21:00 4369

Bank of Asia Being Voted the BVI Financial Services Tech Savvy Firm of the Year 2020

TORTOLA, British Virgin Islands, March 30, 2021 /PRNewswire/ -- The BVI headquartered Bank of Asia is proudly awarded the "Tech Savvy Firm of the Year" in the annual Financial Services Award hosted by BVI Finance on28 March 2021. The FinTech-enabled Bank has been recognised for its digital soluti...

2021-03-30 14:38 2410

Drip Capital closes $40M Committed Warehouse Credit Facility from East West Bancorp to facilitate trade finance to small businesses

PALO ALTO, Calif., March 27, 2021 /PRNewswire/ -- Drip Capital, a leading Fintech provider of cross-border trade finance, and East-West Bank (EWB), announce aUS$ 40M committed credit facility for the expansion of Drip's trade finance solutions to small and medium-sized businesses (SMBs).

2021-03-27 09:00 4941
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