Financial Technology

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 3454

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 4001

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 2390

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 3068

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 2593

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 4213

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 3939

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 5934

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 2375

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 3077

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. Joe Li, Cha...

2021-07-02 12:40 3051

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. ...

2021-07-01 16:00 3133

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 to op...

2021-07-01 15:00 4377

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 has opened an innovation lab In Singapore where it will collaborate closely with its growing network o...

2021-07-01 10:00 1736

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...

2021-06-30 21:02 2048

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 ...

2021-06-30 21:00 1706

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!

2021-06-30 19:00 3971

Russian national payment system "Mir" becomes available in South Korea

* BC Card, the biggest payment processing company in South Korea, firstly affiliates with NSPK to process Russian national payment system "Mir" among its 3.2 million domestic merchants. * From last year, BC Card had started to cooperate with NSPK, a Russian national payment card system compan...

2021-06-30 18:00 2883

Mobileum Inc. Acquires Niometrics

Acquisition expands Mobileum's deep network analytics and customer intelligence portfolio for 5G and next generation networks CUPERTINO, Calif., June 29, 2021 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, ...

2021-06-29 15:09 7173

Ping An OneConnect Bank Enters Strategic Partnership with Leading Electronic Payment Service Provider eftPay

HONG KONG, June 29, 2021 /PRNewswire/ -- Ping An OneConnect Bank (Hong Kong) Limited ("Ping An OneConnect Bank" or "PAOB") and eft Payments (Asia) Limited ("eftPay") today announced that, both parties have entered into a strategic partnership. PAOB is the first virtual bank inHong Kong to provide...

2021-06-29 13:22 8526
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