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...
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...
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
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)
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...
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...
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...
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...
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 ...
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...
Nitstone Finserv announces TCS as its technology partner
BENGALURU, India, Feb. 11, 2022 /PRNewswire/ -- Nitstone Finserv
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...
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 ...
Preqin Appoints Head of APAC Research
Geetanjali Bhalotia Joins as Company Expands Presence in APAC
SINGAPORE, Feb. 10, 2022 /PRNewswire/ -- Preqin
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, ...
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...
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...
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 ...
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...
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...
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