Financial Technology

From Start-up to Scale-up: the story of Mitigram

SINGAPORE, Dec. 15, 2020 /PRNewswire/ -- During the last decade, something rather extraordinary has been happening inSweden's capital Stockholm, as the emergence of Unicorns have become quite common. In this context, a Unicorn is not a magical creature, but a start-up that went through scale-up a...

2020-12-15 17:46 2171

HotForex Receives Two New Exceptional Global Awards

The leading CFDs broker ends the year triumphantly having received two new global awards for Best Partners Program and Customer Service Excellence.    PORT LUIS, Mauritius, Dec. 15, 2020 /PRNewswire/ -- Leading CFD broker HotForex announces it has received two new titles from the International...

2020-12-15 15:00 3677

FinTech start-up Fraxtor raised more than S$9 million in the last 9 months from its community of real estate co-investors

* Fraxtor has raised funds for 4 projects since March 2020, comprising two landed residential developments, one industrial development project in Singapore, and one student accommodation project in the UK. * The Fraxtor platform provides investors with hassle-free access to quality real estate...

2020-12-15 12:51 3259

Endowus Sees Over 20x Growth in Accounts and 7x Growth in Assets Under Advice in the past 12 months

* MAS-licensed Wealth Platform and Singapore's First CPF Digital Investment Advisor Endowus saw a 20x increase in their clients and a 7x increase in assets under advice (AUA) on their platform in the last 12 months, even in the midst of the pandemic * During this time, the fintech has launche...

2020-12-15 12:23 2760

AsiaPay Partners with Azupay to Provide Real-Time Payments Across Australia

SYDNEY, Dec. 15, 2020 /PRNewswire/ -- AsiaPay, the premier digital payment solutions and payment service provider inAsia, has announced today that it has partnered with Azupay, an Australian fintech, to facilitate digital payments with a simple, secure, seamless and real-time checkout experience ...

2020-12-15 10:00 4853

Cantilan Bank Deploys First DN Series™ In The Philippines

The self-service solution provides the latest technology to support the bank's modernization and financial inclusion strategy MANILA, Philippines and NORTH CANTON, Ohio, Dec. 15, 2020 /PRNewswire/ -- Diebold Nixdorf announced today that Cantilan Bank, Inc., one of the leading rural banks inthe P...

2020-12-15 09:00 12057

Glue42 Core Puts Chelmer at the Center of the Single Advisor Desktop

Wealth technology pioneer embeds the Glue42 open-source integration platform to modernize its software suite, enabling advisors to deliver a better and more personalized experience with a single click of a mouse. NEW YORK, Dec. 15, 2020 /PRNewswire/ -- Glue42, the company that delivers integrate...

2020-12-15 09:00 1073

Shanghai Pudong Development Bank develops cutting-edge treasury services in Hong Kong

SPD Bank enhances treasury operations to drive growth with Finastra's Fusion Summit HONG KONG, Dec. 15, 2020 /PRNewswire/ -- Shanghai Pudong Development Bank (SPD Bank) has successfully gone live withFinastra's cutting-edge treasury solution, Fusion Summit, inHong Kong...

2020-12-15 09:00 2928

Citi Wealth Hub at 268 Orchard Opens Today

SINGAPORE, Dec. 14, 2020 /PRNewswire/ -- Citi (NYSE: C) today opens its largest wealth hub globally, dedicated to Citigold and Citigold Private Client customers, signalling the importance ofSingapore as a key investment market for itsAsia consumer business. With a rapidly growing affluent client ...

2020-12-14 18:43 11155

In The Time of Coronavirus, WeChat Pay Helps Digitalise European Retailers

London, Dec. 14, 2020 /PRNewswire/ -- As European merchants shift gear to online in the time of Coronavirus,China's all-in-one app WeChat saw strong year-on-year growths in Mini Program transactions from the EMEA region, showing a growing trend of Chinese consumers making global purchases before ...

2020-12-14 18:18 1457

Velotrade selected by MUFG Bank as partner for enhancement of digital trade services

HONG KONG, Dec. 14, 2020 /PRNewswire/ -- Velotrade is pleased to announce that its trade finance platform has been selected by MUFG Bank, Ltd. (MUFG) to manage its internal invoice processing requirements. The new system automates the processing of thousands of trade invoices every month by...

2020-12-14 12:30 6310

SoftBank Ventures Asia backs Korea's payment technology company CHAI in $60 Million Series B

SEOUL, South Korea, Dec. 14, 2020 /PRNewswire/ -- CHAI, one of the fastest growing payment technology companies in Korea, announced today a$60 million Series B financing round led by Korean conglomerate Hanwha Investment & Securities, with participation from SoftBank Ventures Asia, SK Networks, A...

2020-12-14 09:00 2303

Synechron Acquires Attra

NEW YORK, Dec. 11, 2020 /PRNewswire/ -- Synechron Inc. , a leading Digital Transformation consulting firm for the financial services industry, today announced the acquisition ofAttra, an Australia-based technology services and solutions provider, headquartered in Melbou...

2020-12-11 15:13 2194

Tricor Launches IPO Smart Pay, An Innovating Digital IPO Experience Sets to Benefit Investors and Issuers Alike

HONG KONG, Dec. 11, 2020 /PRNewswire/ -- Tricor Group ("Tricor"), a leading business expansion specialist inAsia, is pleased to announce the launch of Tricor IPO Smart Pay ("IPO Smart Pay") as supported by HSBC's real-time direct debit solution. IPO Smart Pay is a new feature added to the Tricor ...

2020-12-11 10:11 2842

Rikkeisoft and Oraichain to Expand AI Blockchain Technology Globally

SINGAPORE and TOKYO, Dec. 10, 2020 /PRNewswire/ -- Rikkeisoft , a leading Vietnamese IT and software enterprise has formalized a strategic partnership withOraichain , the world's first AI Data Oracle Blockchain company.    

2020-12-10 22:50 4730

Now in its Sixth Year, uCloudlink and AVIS Partnership Keeps European Travelers Connected this Holiday Season

HONG KONG, Dec. 10, 2020 /PRNewswire/ — UCLOUDLINK GROUP INC. ("uCloudlink") (NASDAQ: UCL), the world's first and leading mobile data traffic sharing marketplace, and AVIS, the best-known international car rental brand, are providing travelers with always-on Wi-Fi connectivity ahead of the holida...

2020-12-10 18:49 6727

WeBank resolves to become a digitalization enabler at SFF x SWITCH 2020

SINGAPORE, Dec. 10, 2020 /PRNewswire/ -- Dec 7 to 11, 2020. WeBank, the world's leading digital bank, virtually participated in the Singapore Fintech Festival (SFF) and the Singapore Week of Innovation and Technology (SWITCH) 2020, the world's first week-long round-the-clock, hybrid digital and p...

2020-12-10 13:04 4490

USI Launches iOrder Andriod Mobile POS Machine for Fast, Convenient and Secure Payment Transactions

SHANGHAI, Dec. 10, 2020 /PRNewswire/ -- The ubiquity of self-service payments in the retail, gasoline station and smart vending sectors, as well as developments in EMV payment, are driving rapid growth in the Android mobile POS market. USI has joined hands with Maxim Integrated to launch iOrder, ...

2020-12-10 13:00 5091

SC Ventures Invests in OpenFin

The strategic investment by Standard Chartered unit will help OpenFin meet growing demand for digital workspaces and app stores NEW YORK and LONDON, Dec. 10, 2020 /PRNewswire/ -- OpenFin, the operating system (OS) of finance, announced today that it secured a strategic investment from SC Venture...

2020-12-10 05:15 1479

Four in five FinTech firms in ASEAN set on expanding despite the COVID-19 pandemic: UOB, PwC and SFA report

SINGAPORE, Dec. 9, 2020 /PRNewswire/ -- Despite disruptions brought about by the COVID-19 pandemic, four in five financial technology (FinTech) firms in ASEAN will push ahead with their expansion plans in the next two years. According to theFinTech in ASEAN: Get up, Reset, Go! report[1] by UOB (U...

2020-12-09 20:33 14602
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