Financial Technology
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
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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
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Ping An Signs Strategic Cooperation Agreement with Shenzhen Stock Exchange
HONG KONG and SHANGHAI, March 26, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An Group", HKEX: 2318; SSE: 601318) has signed a strategic cooperation agreement with Shenzhen Stock Exchange (hereafter "SZSE"). Representatives of both parties includingPeter ...
2021-03-26 20:18
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Upstox, one of India's leading broking firms, joins IPL as an Official Partner
MUMBAI, India, March 26, 2021 /PRNewswire/ -- The Indian Premier League Governing Council (IPL GC) today announced Upstox, one ofIndia's leading and fastest-growing digital brokerage firms, as an official partner for IPL, which will begin onApril 9th, 2021 with Ahmedabad, Bengaluru, Chennai, Delh...
2021-03-26 18:27
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Euroclear agrees to acquire MFEX Group, a leading global digital fund distribution platform
BRUSSELS and STOCKHOLM, March 26, 2021 /PRNewswire/ -- Euroclear has agreed to acquire MFEX Group, a leading global digital fund distribution platform, majority owned by Nordic Capital. The combination of MFEX's innovative distribution platform with Euroclear's FundSettle post-trade operations e...
2021-03-26 17:41
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HUAWEI CLOUD Listed in Top 4 in the Latin America Public Cloud Market
MEXICO CITY, March 26, 2021 /PRNewswire/ -- Recently, HUAWEI CLOUD was named one of the Top 4 cloud service providers and was described as the fastest growing cloud service provider inLatin America, according to the Worldwide Cloud Infrastructure Services Market Q4 2020report released by Canal...
2021-03-26 15:59
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/C O R R E C T I O N -- Drip Capital/
In the news release, Drip Capital closes $40M Committed Warehouse Credit Facility from East West Bancorp to facilitate trade finance to small businesses, issued26-Mar-2021 by Drip Capital over PR Newswire, the first paragraph, first sentence, should read "Drip Capital" rather than "Drip" as inco...
2021-03-26 15:31
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Speakerbus Announces AYRE - Real Time Communications Hub for High Touch Trading Teams
LONDON, March 25, 2021 /PRNewswire/ -- Speakerbus, a leading provider of real-time communications solutions for the financial markets, has launched AYRE, their next-generation trading turret designed to meet the unique communications, connectivity and compliance requirements of the global financ...
2021-03-25 21:00
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SBI Group subsidiary BYFIN launches 1st multi-industry "SBI-BANCO Deep-Tier Supply Chain Finance Platform" with RootAnt
HONG KONG, March 25, 2021 /PRNewswire/ -- Backed by SBI Group, SBI-BANCO is the first blockchain-oriented end-to-end "Deep-Tier Supply Chain Finance Platform" that has been successfully launched in APAC, enabling access to financing for SMEs suppliers across targeted industries. SBI-BANCO is a...
2021-03-25 10:00
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Goldpac Announces 2020 Annual Results
Digitalization and Platform-based Strategy has Achieved Initial Success The Platform and Service Segment Continued its Rapid Growth, Operating Profit Represented a Year-on-Year Increase of 2.2% Proposed Final and Special Dividend of HK14 cents Full Year Dividend of HK 17 cents, Dividend Payout Rati...
2021-03-24 22:32
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Singapore's Thor Group and Focus Technology to jointly launch cross-border e-commerce platform
SINGAPORE, March 24, 2021 /PRNewswire/ -- Singapore-based consumer entertainment platform Thor Group and online commerce operator Focus Technology (002315.SZ), plan to jointly roll out a cross-border e-commerce platform targeting the European market in the second quarter of 2021. Headquartered i...
2021-03-24 17:39
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Newgen Set to "Transform Experiences" at its Annual Customer Event-NewgenConnect 2021
Attendees to gain insights from leading industry influencers, including Jim Marous and Pascal Bornet SYDNEY, March 24, 2021 /PRNewswire/ -- Newgen Software, a global provider of low code digital automation platform, today announced that it will host its annual customer event—NewgenConnect 2021 ...
2021-03-24 08:30
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Airwallex's latest US$100 million capital raising puts valuation at US$2.6 billion
* Airwallex's latest capital raising of US$100 million lifts its Series D round toUS$300 million * The extended Series D round was led by new investor US-based Greenoaks, and saw participation fromAustralia's Grok Ventures, Skip Capital and ANZi Ventures along with other existing investors ...
2021-03-24 07:30
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ASTRI hosts Smart City Forum with thought leaders and distinguished speakers
HONG KONG, March 23, 2021 /PRNewswire/ -- The Hong Kong Applied Science and Technology Research Institute (ASTRI) has hosted a Smart City Forum in which government, business and thought leaders shared their views on the essential collaboration for a smart city and what a "tech-backed" sustainable...
2021-03-23 21:02
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Yeahka's Portfolio Company Fushi Technology Completes US$15 Million Series A+ Funding
HONG KONG, March 23, 2021 /PRNewswire/ -- YEAHKA LIMITED ("Yeahka" or the "Company", stock code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce today that Fushi Technology (Shenzhen) Co., Ltd ("Fushi Technology"), a key member of the Company's merchant SaaS ...
2021-03-23 19:55
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ZhongAn Online Announces 2020 Annual Results
* Company Turns Around to Net Profit Attributable to Owners of the Parent of RMB554 Million * Performance Driven by Health and Digital Lifestyle Ecosystem * Technology Export Revenues Surge 35.4% HONG KONG, March 23, 2021 /PRNewswire/ -- ZhongAn Online P & C Insurance Co., Ltd. ("ZhongAn Onl...
2021-03-23 18:58
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Logiq Partners with Comviva to Offer Digital Wallet and Payment Services to Millions of Mobile Users Across Indonesia
NEW DELHI and NEW YORK, March 23, 2021 /PRNewswire/ -- Logiq, Inc.
2021-03-23 15:15
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oneZero releases Algorithmic Pricing Module to give institutional clients even greater control
Allows the creation of truly bespoke pricing CAMBRIDGE, Mass., March 23, 2021 /PRNewswire/ -- oneZero, a global leader in multi-asset enterprise trading technology solutions, today released the Algorithmic Pricing Module, an advanced price creation tool which facilitates the formation of customi...
2021-03-23 15:00
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Futu's FY2020 net income hits HK$1,364M, 6.5 times YoY growth
SINGAPORE, March 23, 2021 /PRNewswire/ -- Operational highlights of the unaudited financial results for the fourth quarter and the full year endedDecember 31, 2020 * Total revenue in the fourth quarter was HK$1,186.4 million, an increase of 281.6%year-on-year ("YoY"), achieving a YoY ...
2021-03-23 13:22
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Hong Kong-based fintech Apoidea Group eyes on regional expansion with plans to double headcounts two years in a row
HONG KONG, March 23, 2021 /PRNewswire/ -- After doubling its headcounts in 2020, Apoidea Group ("Apoidea"), aHong Kong-based AI-driven fintech startup, aims to double up the team again as the firm sees signs of rapid revenue growth. The fintech firm is also eyeing on expanding its presence toSing...
2021-03-23 11:00
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