Financial Technology

Funding Societies raises US$294m to fuel expansion plans in Southeast Asia

* Southeast Asia's largest SME digital financing platform raises US$144 million Series C+ equity and US$150 million debt lines from financial institutions inEurope, the United States, and Asia. * The round is led by SoftBank Vision Fund 2, with participation from VNG, Rapyd Ventures, EDBI, In...

2022-02-16 11:15 3807

Earlytrade secures five-year partnership with Boral

* The deal will see Earlytrade digitise Boral's supplier payment and progress claim processes * Earlytrade will help protect Boral's supply chain against inflation and insolvency trends, and garner loyalty with suppliers to attract and retain top trades * More than 5,000 suppliers and subco...

2022-02-16 03:30 5532

NETBANK LAUNCHES BANKING SERVICES THROUGH APIs IN THE PHILIPPINES

MANILA, Philippines, Feb. 15, 2022 /PRNewswire/ -- Netbank, a fully-regulated bank that offers Banking-as-a-Service solutions has unveiled Netbank Virtual ( https://virtual.netbank.ph ),an openly accessible web-based platform where anyone can freely browse, test and in...

2022-02-15 16:53 5347

SAIB taps Moneythor to roll out intelligent PFM

SINGAPORE and RIYADH, Saudi Arabia, Feb. 15, 2022 /PRNewswire/ -- In alignment with KSA Vision 2030 and as part of the responsibility ofThe Saudi Investment Bank (SAIB)  to encourage a saving culture among the customers inSaudi Arabia, Moneythor

2022-02-15 15:49 2486

WireBarley partners with Tencent Financial Technology for global remittance

SEOUL, South Korea, Feb. 15, 2022 /PRNewswire/ -- WireBarley today announced its partnership withTencent Financial Technology for overseas remittance service, specifically for international money transfers toChina through Weixin, the mainland Chinese version of WeChat. WireBarley is the firs...

2022-02-15 08:00 3997

Singapore and Switzerland Co-Organise Point Zero Forum to Discuss Innovation in Digital Financial Technology

SINGAPORE, Feb. 14, 2022 /PRNewswire/ -- The Swiss Secretariat for International Finance (SIF) and Elevandi, today announced the launch of the inaugural Point Zero Forum, to be held onJune 21-23 in Zurich, Switzerland. This in-person event will provide a platform for global leaders across the pu...

2022-02-14 16:00 4668

Fare hikes getting you down? Earn as you ride with Revolut

SINGAPORE, Feb. 14, 2022 /PRNewswire/ -- Commuters feeling the pressure of increased commuting fares will be happy to know that global financial superapp Revolut is giving cashback on Gojek rides starting today. This cashback promotion is in addition to the existing Public Transport cashback the...

2022-02-14 13:33 7440

Mobileum Invests in Japan to Support Local Business Growth

Opening of a new subsidiary in Japan and addition of local team enables Mobileum to provide close support to its customers and partners in the region CUPERTINO, Calif., Feb. 14, 2022 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and netw...

2022-02-14 09:00 9335

The Largest Digital Bank in China featured in the latest Forbes Blockchain 50

SHENZHEN, China, Feb. 11, 2022 /PRNewswire/ -- WeBank, the world's leading digital bank, is featured in the Forbes Blockchain 50 2022. The bellwether list recognizes large corporations that lead in employing distributed ledger technology and reflects the spreading impact of the blockchain market ...

2022-02-11 17:56 11140

BRI Microfinance Outlook 2022: BRI Continues Supporting Ultra-Micro Sector for Economic Recovery

JAKARTA, Indonesia, Feb. 11, 2022 /PRNewswire/ -- Bank BRI (IDX: BBRI), has announced its commitment to support the MSME sector inIndonesia to empower the ultra-micro sector at the BRI Microfinance Outlook 2022 onFebruary 10, 2022. The event was attended by Sri Mulyani, Minister of Finance; Air...

2022-02-11 12:20 7651

Nitstone Finserv announces TCS as its technology partner

BENGALURU, India, Feb. 11, 2022 /PRNewswire/ -- Nitstone Finserv , the Bengaluru based Fintech (NBFC), announced its partnership with Tata Consultancy Services (TCS) as its technology partner. Nitstone ...

2022-02-11 10:30 2758

moomoo poised to become the first full-service digital investment platform in Singapore, with approvals-in-principle for all SGX memberships

* Futu Singapore ("Futu SG") is the first digital brokerage to receive approvals-in-principle for all SGX memberships, with this feat achieved in less than a year since it entered theSingapore market. * Futu SG expects to convert these approvals-in-principle soon, to allow the company and its...

2022-02-10 13:41 5829

Pepperstone get inside Day Traders heads with a global campaign via Saatchi & Saatchi NZ

DOCKLANDS, Australia, Feb. 10, 2022 /PRNewswire/ -- After a competitive process across ANZ last year, Australian based multi-award winning CFD broker Pepperstone, appointed Saatchi & Saatchi New Zealand as its global strategy and creative agency to assist with the development and launch of a new ...

2022-02-10 11:11 5215

Preqin Appoints Head of APAC Research

Geetanjali Bhalotia Joins as Company Expands Presence in APAC SINGAPORE, Feb. 10, 2022 /PRNewswire/ -- Preqin , the global leader in alternative assets data, tools, and insights, has appointed data management veteran, Geetanjali Bhalotia, as its Head of Research inAsia-P...

2022-02-10 00:01 5473

Cognizant selected by Volvo Cars for Finance & Accounting and Procurement Business Process Services

TEANECK, N.J., Feb. 9, 2022 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today that it has renewed its contract agreement with Volvo Cars to provide finance and accounting (F&A), and procurement services. The agreement covers the car maker's global accounts payable and accounts receivable, ...

2022-02-09 16:00 7431

Adyen publishes H2 2021 financial results

AMSTERDAM, Feb. 9, 2022 /PRNewswire/ -- Results for the past half year were strong, and the indicators of sustainable profitable growth remain intact. Having achieved new milestones of scale in the past year including half a trillion Euros of processed volume and a billion Euros of net revenue...

2022-02-09 14:30 5741

Adyen announces new tech hubs in Chicago and Madrid

AMSTERDAM, Feb. 9, 2022 /PRNewswire/ -- Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, today announced that they will open new technology hubs inChicago and Madrid. This move is a signal of the company's long-term investment in its technology...

2022-02-09 14:30 5094

Tonik raises US$131M Series B led by Mizuho Bank

SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- Tonik Financial Pte Ltd ("Tonik"), the parent company of Tonik Digital Bank inthe Philippines, announced today that it closed aUS$131M round of Series B equity funding. The round was led by Mizuho Bank, which is one of the largest Japanese banking groups ...

2022-02-09 13:34 5250

Shinhan Future's Lab Indonesia Introduces 'XcaleUp', a Collaboration Project for Startup Accelerator Program with Xendit.

JAKARTA, Indonesia, Feb. 8, 2022 /PRNewswire/ -- Xendit, an Indonesian unicorn (fintech) startup, and Shinhan Future's Lab Indonesia have announced a collaboration in an accelerator program called XcaleUp. This program collaboration focuses on assisting the growth of startups inIndonesia and exp...

2022-02-08 16:03 3240

QisstPay Launches Into U.S. Market with 1-Click Checkout

DALLAS and FORT WORTH, Texas, Feb. 7, 2022 /PRNewswire/ -- Global FinTech Startup, QisstPay is launching its 1-Click Checkout product in the U.S. Starting today, merchants can sign up for one of the world's fastest online checkout experiences. With 1-Click Checkout, shoppers will be able to co...

2022-02-07 22:00 2655
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