Financial Technology

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 8059

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. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has joined forces withComviva , a global leader in digital financial solutions, to offer digital wa...

2021-03-23 15:15 2360

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 1256

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 4939

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 5553

AvaTrade upgrades client offering with reduced crypto spreads and new assets, including Chainlink, Uniswap and Thematic Equity Indices Baskets

Award-winning CFD broker adds new cryptocoins and indices to platform while scaling back on crypto spreads as it upgrades product offering DUBLIN, March 23, 2021 /PRNewswire/ -- AvaTrade  has today announced a suite of upgrades to its trading offering, reducing sprea...

2021-03-23 05:00 4336

Alibaba Entrepreneurs Fund JUMPSTARTER 2021 Global Pitch Competition Announces Two Winners with Investment of up to US$4 Million in Total

HONG KONG, March 22, 2021 /PRNewswire/ -- JUMPSTARTER 2021 Global Pitch Competition ("JUMPSTARTER 2021"), the world's largest online startup pitch contest[1] organized by Alibaba Hong Kong Entrepreneurs Fund, has concluded its Grand Finale. After a series of intense pitching sessions,Rice Robotic...

2021-03-22 15:44 10349

FICO Survey: 71% of Taiwanese Prefer to Use Digital Channels to Engage with their Bank During Financial Hardship

Appeal of in-person branch banking fading fast post pandemic TAIPEI, Taiwan, March 22, 2021 /PRNewswire/ -- Preferred banking customer touchpoints across Asia Pacific - December 2020 Highlights: * 71 percent o...

2021-03-22 08:30 6860

RCLCO Fund Advisors Announces Multi-Year Engagement with Government Pension Investment Fund of Japan

RFA will provide market intelligence and analytics to support GPIF's strategic investments in the North American real estate market BETHESDA, Md., March 19, 2021 /PRNewswire/ -- RCLCO Fund Advisors ("RFA") ( www.rclco.com/rfa), an affiliate of real estate strategy and analytics firm RCLCO (www.rc...

2021-03-19 21:45 6066

UnionPay Acceptance Network Expands to 180 Countries and Regions

SHANGHAI, March 19, 2021 /PRNewswire/ -- UnionPay International (UPI) announced today that with significant progress inLatin America, UnionPay acceptance network has now extended to 180 countries and regions, over half of which accept UnionPay mobile payments. As many as 55 million merchants worl...

2021-03-19 09:40 3323

Quantitative Brokers Launches First Execution Algo For OSE's Derivative Markets - Spearheads QB APAC Growth Plans

SYDNEY, March 19, 2021 /PRNewswire/ -- Quantitative Brokers (QB), an independent provider of advanced execution algorithms and data-driven analytics for global futures and options markets, today launched its full suite of award-winning execution algorithms on theOsaka Exchange (OSE), the derivati...

2021-03-19 08:00 4371

Global fintech Railsbank launches in Australia

* Railsbank plans to develop embedded finance market opportunity in Australia SINGAPORE, March 19, 2021 /PRNewswire/ -- Railsbank , a leading global Banking as a Service (BaaS)  platform, has launched in Australia via a partnership with the country's first neobank, Vo...

2021-03-19 08:00 5001

Tonik Launches As First Neobank In The Philippines

MANILA, Philippines, March 18, 2021 /PRNewswire/ -- Tonik, Southeast Asia's first digital-only bank, launches as the first neobank inthe Philippines today. Tonik brings to the market a revolutionary and completely branchless way of banking on a highly secure mobile platform that sets out to funda...

2021-03-18 16:00 6576

Nordea Selects AxiomSL to Automate Risk and Regulatory Reporting in Nordic Countries

LONDON, March 17, 2021 /PRNewswire/ -- AxiomSL, the industry's leading provider of risk and regulatory reporting solutions, today announced that it has been selected byNordea Bank, the leading Nordic universal bank, to support the bank's risk and regulatory reporting requirements inFinland, Swede...

2021-03-17 22:01 1555

TD Holdings Inc. Signs Letter of Intent with Chenzhou Dingmei Silver Co., Ltd. to Acquire Ownership of a Molybdenum Copper Ore in Kazakhstan

SHENZHEN, China, March 17, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that the Company and Tongdow E-Trade Limited ("Tongdow E-Trade"), a wholly owned subsidiary of the Company have entered into a letter o...

2021-03-17 16:17 7648

Kincsem appoints CALLUM for Hyper-car design brief

ZUG, Switzerland, March 17, 2021 /PRNewswire/ -- New digital luxury brand Kincsem has appointed CALLUM, led byIan Callum CBE, recently named GQ's Car Designer of the Year, to deliver the design of an all-new electrified hyper-car.

2021-03-17 14:00 3725

A Drop of Blood for Life: JULO's Blood Donation Action

JAKARTA, Indonesia, March 17, 2021 /PRNewswire/ -- JULO, a fully licensed peer to peer (P2P) lending company fromIndonesia , organized a blood donation activity involving their employees at JULO's head office, 88 @ Kasablanka Tower A, on Monday ...

2021-03-17 12:59 2742

NexChange Group and Marita Group Co-Host Africa Blockchain Week Virtual Summit to Showcase Continent's Technological Leapfrog

HONG KONG, March 17, 2021 /PRNewswire/ -- The inaugural Africa Blockchain Week will launch fromJune 28th to July 1st 2021. NexChange Group, a blockchain ecosystem and venture builder and MARITA Group, an African conglomerate will combine forces to co-host this Virtual Summit. The event will fe...

2021-03-17 09:00 3503

Chargebee Pledges a $5B Fund for Startups - Offers its subscription platform completely free for upto $100K.

SAN FRANCISCO, March 16, 2021 /PRNewswire/ -- Chargebee, the global leader in subscription billing and revenue management, today announced that it will be pledging$5 billion dollars of revenue processing capability for early-stage startups. With this pledge, qualifying startups will be able to us...

2021-03-16 22:00 2653

FICO Survey: 68% of Singaporeans Prefer to Use Digital Channels to Engage with their Bank During Financial Hardship

SINGAPORE, March 16, 2021 /PRNewswire/ -- Preferred banking customer touchpoints across Asia Pacific - December 2020 Highlights: * 68 percent of Singaporean consumers prefer to use digital channels to engage with their bank during...

2021-03-16 08:30 7598
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