Financial Technology
9F Group's technology promotes digital transformations and upgrades in Southeast Asia
BEIJING, April 22, 2020 /PRNewswire/ -- Southeast Asia is an important node in the "trinity" overseas strategy of 9F Group. The group uses digital technologies as a bridgehead to help local banks and enterprises on digital transformations and other challenging situations. They are also building bl...
SoFi Acquires Mobile Investing Fintech 8 Securities in Hong Kong
HONG KONG, April 22, 2020 /PRNewswire/ -- SoFi
UnionPay International Launches its Content and Service Platform to Build "Pay+" Digital Ecosystem
SHANGHAI, April 22, 2020 /PRNewswire/ -- UnionPay International (UPI) has launched a new Content & Service Platform (UCSP), establishing a "Pay+" digital ecosystem in partnership with global financial institutions and industry service providers. The platform offers value-added services to enha...
Singapore's Endowus Offers Global Stock Index Fund Exclusively to CPF Investors
SINGAPORE, April 22, 2020 /PRNewswire/ -- Endowus.com said today that Central Provident Fund (CPF) members will now have a new option to invest their CPF into a fund that is managed by one of the world's largest passive fund managers. The newly included fund - Infinity Global Stock Index Fund - i...
The Synergy of KoinWorks & Prudential Indonesia to Realize Action and Protection Amid COVID-19 Pandemic
JAKARTA, Indonesia, April 22, 2020 /PRNewswire/ -- The number of Indonesians infected by COVID-19 continues to rise, which also happened because of the rapid test result conducted aggressively by the Indonesian Government for the last couple of weeks. In order to support the availability of the m...
"Startup the Bank" Report by PKO Bank Polski Available Now
WARSAW, Poland, April 21, 2020 /PRNewswire/ -- "Startup the Bank" is the most recent report on startups whose solutions transform the Polish banking sector. According to the study, not only traditional fintech companies stand the chance of becoming banks' technological partners and after a succes...
Global fintech platform NIUM partners with Geoswift to enable overseas customers to remit funds into China
SINGAPORE, April 21, 2020 /PRNewswire/ -- Global fintech platform NIUM
Singapore's leading digital banking solution provider FOMO Pay makes 2020 first overseas foray into Malaysia
SINGAPORE, April 21, 2020 /PRNewswire/ -- FOMO Pay, Singapore-based digital payment and digital banking solution provider, partnered with OCBC Bank ( Malaysia) Berhad to develop OCBC OneCollect as its first merchant cross-border QRcode collection service project. This project follows the opening o...
Doo Prime Receives Vanuatu Financial Services Commission (VFSC) Approvals
PORT VILA, Vanuatu, April 20, 2020 /PRNewswire/ -- Doo Prime Vanuatu Limited has acquired the Vanuatu Financial Services Commission (VFSC) regulatory authorization with the regulatory number: 700238. Under the supervision of VFSC, an additional professional liability insurance of up toUS$ 500,000...
Linkage Pay Brings Disruption Changes to the Payment Status Quo
SINGAPORE, April 18, 2020 /PRNewswire/ -- With the development of fintech breakthroughs such as blockchain, big data, cloud computing, and artificial intelligence, the financial sector has witnessed unprecedented paradigm shifts in the past decade. The ever-shifting digital landscape opens possib...
Euroclear Business and Financial Update - Q1 2020
BRUSSELS, April 17, 2020 /PRNewswire/ -- * Q1 20 revenues up 9% year-on-year, to EUR 383 million * Business Income rose 15% to EUR 321 million * Banking and Other Income decreased 14% to EUR 62 million * Operating costs up by 4% to EUR 213 million, in line with expectations * Net profit w...
Revolut together with StashAway and PolicyPal Launch Medical Energizer to Support Singapore Medical Heroes
* Revolut offers medical heroes 3% cashback for all transactions made on their Visa cards, and up to$50 rides rebates per week for taxi and ridesharing services * Medical professionals are eligible for free Personal Accident COVID-19 insurance and life insurance provided by PolicyPal and free...
AsiaPay partners with Plug and Play Singapore Fintech Program
SINGAPORE, April 16, 2020 /PRNewswire/ -- Plug and Play, the world's largest global innovation platform, and AsiaPay, the regional leading digital payment service and solution provider, have announced a new partnership to help AsiaPay work closer with innovative startups through Plug and Play's...
Airwallex Closes US$160M in Record Fundraising Round to Date, Announces Worldwide Growth Plans
* Airwallex has raised a Series D round of US$160M, its largest to date, with participation from a group of new investors, includingANZi Ventures and Salesforce Ventures, and several existing investors, including DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures...
APAC's Asset Finance Leaders Trust Odessa for Successful Digital Transformation
Odessa continues regional expansion with several new customers implementing the Odessa Platform PHILADELPHIA, April 14, 2020 /PRNewswire/ -- Odessa, a provider of leading technology solutions for asset finance businesses, continues to grow the company's APAC-based customer base, most recently by...
Xinhua Silk Road: Revenue of Guotai Junan International increases 40 pct in 2019
BEIJING, April 13, 2020 /PRNewswire/ -- Guotai Junan International Holdings Limited (Guotai Junan International) (1788.HK) has saw a year-on-year increase of 40 percent increase in its total revenue in 2019, achieving a historical high of nearly4,246 million Hong Kong dollars, according to the co...
Qiming Venture Partners Raises $1.1 Billion Fund VII
SHANGHAI, BEIJING, HONG KONG and SHENZHEN, China, April 9, 2020 /PRNewswire/ -- Qiming Venture Partners today announced the closing of Qiming Venture Partners Fund VII, a new$1.1B fund focused on early stage Healthcare and TMT investments. Qiming is honored to have continued strong support from i...
Neat, a FinTech Alternative to Banks, Raises USD11M to Fuel International Expansion
HONG KONG, April 8, 2020 /PRNewswire/ -- Neat, a Hong Kong-based FinTech company offering modern financial solutions to SMEs and startups, today announced raising aUSD11 million Series A funding round. Pacific Century Group (PCG) led the round with participation from Visa, and MassMutual Ventures...
24 Exchange Signs Statement of Commitment to FX Global Code
HAMILTON, Bermuda, April 1, 2020 /PRNewswire/ -- 24 Exchange, a multi-asset class, 24-hour trading platform, announced today that it now operates in full compliance with the principles of the FX Global Code. The Code was created by The Global Foreign Exchange Committee in 2017 as a common set of ...
Itiviti Partners With ECS Fin to Add SWIFT Messaging to NYFIX Matching
NEW YORK, March 31, 2020 /PRNewswire/ -- Itiviti, a leading technology and service provider to financial institutions worldwide, today announced a partnership with ECS Fin, provider of financial messaging services and transaction processing solutions, adding trade settlement to NYFIX Matching. ...
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