Financial Technology

Asian Fintech Credit Management Leader Flow Doubles Revenue, Prepares for Series B

SINGAPORE, Dec. 14, 2021 /PRNewswire/ -- Flow, the Asian fintech credit management leader, announced today that it has been observing a strong recovery of consumer credit collection revenue from the COVID-driven market slowdown. Operating acrossVietnam, Indonesia, and India, Flow's run-rate reve...

2021-12-14 15:52 2046

Bank of Sydney partners with Hexaware to transform its Technology Operations

MUMBAI, India, Dec. 14, 2021 /PRNewswire/ -- Hexaware and Bank of Sydney ( www.banksyd.com.au ) announced a new strategic partnership to transform the Technology Operations for the Bank's future growth. Hexaware will consolidate the bank's Technology Operations from mu...

2021-12-14 14:09 2961

Manulife selects startups to further digitise, simplify customer experience across Asia

HONG KONG, Dec. 14, 2021 /PRNewswire/ -- Manulife and global venture accelerator firm Brinc have announced today the three startups selected for the ManulifeBOOST  2021 cohort. Manulife is increasingly engaging the startup c...

2021-12-14 11:00 5299

Bank of China Group Insurance engages Milliman and CoverGo to design and build new motor insurance products and platform

HONG KONG, Dec. 13, 2021 /PRNewswire/ -- Bank of China Group Insurance  (BOCG Insurance), a leader in general insurance in the region,Milliman , an international actuarial and consulting firm, are joining forces withCoverGo

2021-12-14 10:00 6576

Tradeplus24 restructures $25m of debt to underpin $100m growth debt facility

MELBOURNE, Australia, Dec. 14, 2021 /PRNewswire/ -- Global SME lending fintech Tradeplus24 Australia has restructured $25 million of its existing debt facilities to underpin the execution of a material debt transaction of over$100 million and reduce its cost of f...

2021-12-14 09:50 3127

IG Group Pledges 1% of Post-Tax Profits to Charitable Causes

SINGAPORE and LONDON, Dec. 14, 2021 /PRNewswire/ -- IG Group (LON:IGG) , a global leader in online trading, today announced that for each year from 2022 to 2025, it will pledge the equivalent of 1% of the prior financial year's post-tax profits to charitable causes. This...

2021-12-14 09:00 3575

Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment

RIYADH, Saudi Arabia, Dec. 13, 2021 /PRNewswire/ -- The Council of Ministers, in its session held today,12 December 2021, under the chairmanship of the Custodian of the Two Holy Mosques, KingSalman bin Abdulaziz approved the budget for the fiscal year 2022, with a total expenditure ofSAR 955 bill...

2021-12-13 16:21 5069

UnionPay International and Food Delivery Platform EASI Collaboration Makes Life More Convenient for Australians

SYDNEY, Dec. 10, 2021 /PRNewswire/ -- UnionPay International and popular food delivery app inAustralia, EASI, have strengthened their partnership by teaming up to actively give back to UnionPay cardholders, continuing to make life as convenient as possible for those working from home during ongoi...

2021-12-10 19:26 9711

UMKM EXPO(RT) BRILIANPRENEUR 2021: BRI Promotes the Digitalization of Indonesian MSMEs

JAKARTA, Indonesia, Dec. 10, 2021 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Tbk (IDX:BBRI) presents this year's UMKM EXPO(RT) BRILIANPRENEUR in fully digital format, from9-16 December 2021. It will pamper visitors with a 3D experience from 500 curated MSMEs, making it the biggest virtual baz...

2021-12-10 15:28 7016

Bizzi, Vietnamese Invoice Automation Startup, Awarded Winner of the Prestigious ASEAN Digital Transformation Award - Financial Services 2021

HO CHI MINH CITY, Vietnam, Dec. 10, 2021 /PRNewswire/ -- Bizzi , a Vietnam-based accounts payable automation SaaS, emerged as the winner of the Digital Transformation (DX) Award 2021 organised by the Swiss Chamber of Commerce and Industry (SwissCham) inSingapore

2021-12-10 14:26 5800

Disrupting Transactions, Minna Technologies Enables a 1-Click Revolution in Banking

Amazon revolutionized purchasing with "1-Click". Now, Swedish Fintech Minna Technologies is bringing the '1-click' experience to banks' mobile applications, further showcasing the promise of open banking. GOTHENBURG, Sweden, Dec. 10, 2021 /PRNewswire/ -- Amazon invented the "1-Click" checkout, g...

2021-12-10 09:18 3516

Plug and Play to open largest innovation center in Hyderabad, India

HYDERABAD, India, Dec. 10, 2021 /PRNewswire/ -- Plug and Play LLC, one of the world's largest early-stage investor, accelerator, and corporate innovation platforms globally is opening itsIndia operations in Q1, 2022. Plug and Play currently has over 35 office locations around the globe and will n...

2021-12-10 09:10 2476

Mambu raises €235 million at €4.9 billion valuation in EQT Growth-led Series E

* Market-leading SaaS banking platform is now valued at nearly €5 billion, making it the largest private fundraise to date for a banking software platform * The round is led by EQT Growth, which shares and will support Mambu's commitment to sustainability, diversity and inclusion and workplace...

2021-12-10 09:00 2979

OneConnect Recognized in World's Top Ten Fintech Companies in 2021 in Patent Quality List

SHANGHAI, Dec. 9, 2021 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT ) ("OneConnect"), a key driver of fintec...

2021-12-09 20:31 4731

Cassini Systems Secures $20.5 Million Growth Round Led by Ten Coves Capital

LONDON, Dec. 9, 2021 /PRNewswire/ -- Cassini Systems, Ltd, a leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, today announced it has just completed a$20.5 million growth financing round led by Ten Coves Capital and joined by existing inv...

2021-12-09 20:00 2417

Eventus named Best Solution - Market Abuse & Surveillance in Regulation Asia Awards for Excellence 2021

Earns fourth Asia-Pacific region award in six months; named for fourth consecutive year to global RegTech100 SINGAPORE and NEW YORK, Dec. 9, 2021 /PRNewswire/ -- Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced that the...

2021-12-09 17:00 2185

Tonik secures USD 100 million in Consumer Deposits within 8 months of launch

MANILA, Philippines, Dec. 9, 2021 /PRNewswire/ -- Tonik, the Philippines' first digital-only neobank, continues to blaze a trail in the local banking industry by surpassingP5B (US$100M) in consumer deposits. The development comes within only8 months of the neobank's launch of commercial operation...

2021-12-09 09:00 3128

Zenarate's AI Coach Is Transforming Contact Center Performance Through AI Conversation Simulation

Headquartered in Silicon Valley, Zenarate's AI Coach is supporting the world's largest brands to deliver 30-60% KPI lift PALO ALTO, Calif. and DENVER, Dec. 8, 2021 /PRNewswire/ -- Zenarate ( https://www.zenarate.com/), the world's leading conversation simulation solution, announces its AI Coach i...

2021-12-08 22:03 2388

Xinhua Silk Road: Guotai Junan Securities holds online forum on global asset management

BEIJING, Dec. 8, 2021 /PRNewswire/ -- Guotai Junan Securities Co., Ltd., a leading Chinese securities firm, held an online forum on global asset management last Friday. The forum, co-hosted by Guotai Junan Innovation Investment Co., Ltd and HuaAn Funds, attracted experts of the industry from hom...

2021-12-08 15:13 2017

Rapyd Acquires Hong Kong-Based Neat to Expand Small and Medium Business Trade Capabilities across Asia and Globally

HONG KONG and LONDON, Dec. 8, 2021 /PRNewswire/ -- Rapyd , a global Fintech-as-a-Service company has agreed to acquireHong Kong-based Neat , a cross-border trade enabling platform for SMBs and startups. Neat provides full company incorporati...

2021-12-08 15:00 5014
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