Financial Technology

Pace raises USD40 million Series A funding from Pan-Asian group of investors from Singapore, Japan, Korea, China Taiwan and Indonesia

* Series A investors include Japan's Marubeni Ventures, South Korea's Atinum Partners, China Taiwan's AppWorks,Indonesia's Alpha JWC, and Singapore's UOB Venture Management, Vertex Ventures Southeast Asia, and Genesis Alternative Ventures * Funding from local investors supports and strengthen...

2021-11-22 10:15 5504

Australia vs UK: Why the land of oligopolies is costing Aussie SMEs $291bn

SYDNEY, Nov. 22, 2021 /PRNewswire/ -- Global SME lending fintech Tradeplus24 believes an entrenched lack of competition and predatory lending industry practices is leaving Australian SMEs underfinanced to the tune of$291 billion through invoice financing alone, w...

2021-11-22 09:04 2112

TradeFlow Capital Management Announces Inaugural Investment Grade Senior Note Issue

SINGAPORE, Nov. 22, 2021 /PRNewswire/ -- TradeFlow Capital Management (TradeFlow) is pleased to announce the issue of its first tranche of investment grade Senior Notes via EUROCLEAR. Capital raised will strengthen TradeFlow's international commodity supply chain investment strategy which enab...

2021-11-22 07:00 4711

Conflicting views on cryptocurrencies can confuse retail investors, notes Kalkine Media

SYDNEY, Nov. 22, 2021 /PRNewswire/ -- Extreme price volatility alone isn't the most defining aspect of blockchain-based digital currencies, which we usually refer to as cryptocurrencies. One aspect often overlooked by retail investors is the conflicting views of governments, regulatory bodies and...

2021-11-22 06:00 2152

Conflicting views on cryptocurrencies can confuse retail investors, notes Kalkine Media

AUCKLAND, New Zealand, Nov. 22, 2021 /PRNewswire/ -- Extreme price volatility alone isn't the most defining aspect of blockchain-based digital currencies, which we usually refer to as cryptocurrencies. One aspect often overlooked by retail investors is the conflicting views of governments, regula...

2021-11-22 04:00 2313

Amar Bank awarded Innovative Tech Companies of the Year award at the ACES Awards 2021

SINGAPORE, Nov. 19, 2021 /PRNewswire/ -- PT Bank Amar Indonesia Tbk ("Amar Bank "),Indonesia's first and only pure-play digital bank, was awarded the Innovative Tech Companies of the Year award, at the Asia Corporate Excellence & Sustainability (ACES) Awards 2021.

2021-11-19 18:30 2792

LEO Worth a Wager than Metaverse for Investors

HONG KONG, Nov. 19, 2021 /PRNewswire/ -- From low earth orbit (LEO) satellites, electric cars to Metaverse, these investment ideas have lured billions of dollars from investors around the world. The rising of the new ideas and Metaverse craze also hitChina, and the popularity was exhibited in Bei...

2021-11-19 18:01 4500

Innovation Platform Plug and Play to set its sights on SEA with 6 new partnerships in Asia Pacific announced for 2021

SINGAPORE, Nov. 19, 2021 /PRNewswire/ -- Plug and Play, a global innovation platform that operates across more than 30 locations, has announced 6 new partnerships as part of its plan to accelerate open innovation in theAsia Pacific region. Joining Plug and Play's ecosystem of more than 500 indust...

2021-11-19 10:16 3133

Trustana, a cross-border trade platform founded by Temasek, appoints Rebecca Xing as CEO

SINGAPORE, Nov. 19, 2021 /PRNewswire/ -- Trustana, a cross-border trade and sourcing platform founded by Temasek, today announced that it has appointed Rebecca Xing, as its Chief Executive Officer (CEO) with immediate effect. As CEO of Trustana, Rebecca will drive overall strategy and growth as...

2021-11-19 09:13 5717

Australia's Tech Advantage - How is Technology transforming businesses and economy? - Topic of the latest webinar going to be hosted by Kalkine Media on November 25, 2021

SYDNEY, Nov. 19, 2021 /PRNewswire/ -- Technology is changing the way we live and work in ways we could not predict just a generation ago. AI, blockchain and quantum computing are the new buzzwords presenting significant opportunities for people, businesses, and the broader economy. Not to mention...

2021-11-19 08:02 2777

FP Markets crowned as 'Best FX Broker Australia' 2021 to add to its victory in 2020

SYDNEY, Nov. 18, 2021 /PRNewswire/ -- FP Markets is proud to announce that it has been recognised as the 'Best FX Broker Australia ' 2021 for a second consecutive year by FxScouts – and their sister brands Trade...

2021-11-18 21:50 3482

Pomelo Pay raises US$10 million led by Inference Partners to fuel global growth

SINGAPORE, Nov. 18, 2021 /PRNewswire/ -- Innovative digital payments company Pomelo Pay (Pomelo) announced today that it has raisedUS$10 million in a Series A round led by Inference Partners. The investment will allow the company to expand its presence across global m...

2021-11-18 15:48 2713

Pomelo Pay raises US$10 million in Series A round led by Inference Partners to fuel global growth

* Pomelo Pay's platform allows banks and non-banking financial institutions to adopt the latest payment infrastructure * Fresh injection will be funnelled into product development, talent acquisition and market expansion inEurope and Asia * Pomelo Pay to strengthen its regional headquarters ...

2021-11-18 15:46 2355

Globe in Advanced Discussions With ST Telemedia Global Data Centres to Form A Joint Venture on Globe's Data Center in The Philippines

MANILA, Philippines, Nov. 18, 2021 /PRNewswire/ -- Globe (PSE:GLO), a leading digital platform inthe Philippines, with major interests in telecommunications, financial technology, digital marketing solutions, venture capital funding for startups, entertainment, and virtual healthcare, has signed ...

2021-11-18 14:25 3660

TigerGraph Partners with AI Singapore to accelerate Graph Database for AI ML

SINGAPORE, Nov. 18, 2021 /PRNewswire/ -- TigerGraph  and AI Singapore  (AISG) today announced the signing of a Memorandum of Understanding (MOU) to promote Machine Learning (ML) and Artificial Intelligence (AI) industry enablement activities...

2021-11-18 12:54 2611

A Global Payment Network - GLN Powers Its Digital Wallet Members to Liquid Group's Acquirers and Merchant Base

SINGAPORE, Nov. 18, 2021 /PRNewswire/ -- GLN International Inc. ("GLN"), a global payment network that facilitates cross-border mobile payments for digital wallets and banking applications, has partnered with Liquid Group Pte. Ltd. ("Liquid Group"), a leading cross-border digital payments provide...

2021-11-18 11:00 2943

Crunchfish patents inclusive payments with privacy and interoperability using Digital Cash

STOCKHOLM, Nov. 18, 2021 /PRNewswire/ -- Crunchfish is a digital payments pioneer focusing on Digital Cash. This patent application extends the scope of Digital Cash from offline to online usage, providing commercial e-wallets and CBDC implementations with easier onboarding, improved payment inte...

2021-11-18 10:50 2256

Airwallex raises additional US$100 million in Series E1 led by Lone Pine Capital; valuation reaches US$5.5b

* Raised US$300 million in total Series E funding * Oversubscribed funding round driven by strong underlying business performance in Q3 * Lone Pine Capital joined by existing investors including 1835i Ventures, the venture capital partner to ANZ, and Sequoia Capital China SAN FRANCISCO and ...

2021-11-18 07:52 2628

GUUD unlocks credit access for players in the coffee supply chain

SINGAPORE, Nov. 17, 2021 /PRNewswire/ -- Singapore's GUUD (Finance) Pte. Ltd. ("GUUD Finance"), the financing pillar of the GUUD group, a leading trade technology company, has inked an agreement with Mellower Coffee ("Mellower"), one ofChina's leading speciality coffee chains to provide working c...

2021-11-17 22:42 3227

Zenarate's AI Coach Named A Finalist For Best Smart Banking Solution At The 2021 Banking Tech Awards In London

Global banks use Zenarate's AI Coach to create confident top-performing customer-facing teams through a breakthrough training approach – Conversation Simulation PALO ALTO, Calif. and DENVER, Nov. 17, 2021 /PRNewswire/ -- Zenarate, the world's leading conversation simulation solution, today annou...

2021-11-17 22:03 1967
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