Financial Technology
Fraxtor raises more than S$17 million for real estate projects in the first half of 2021 from its community of real estate co-investors
* A private equity development project listed on Fraxtor's platform was fully subscribed within 90 minutes * Fraxtor's digital platform, powered by blockchain technology and brick-and-mortar real estate expertise, provides Accredited Investors (AI) assurance with quality real estate investmen...
Nium Signs Definitive Agreement to Acquire B2B Travel Payments Leader Ixaris
SINGAPORE and LONDON, June 7, 2021 /PRNewswire/ -- Nium, a leading global B2B payments platform, today announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimisation. The transaction is expected to close early in the third quarter of 2021, subject ...
WeChat Pay HK and Visa Collaborate to Support Disbursement of Hong Kong SAR Government's Consumption Voucher Scheme
* Collaboration aims to boost economic recovery and digital transformation of small and medium-sized businesses inHong Kong * WeChat Pay HK to waive service fee transactions for "WeChat Pay HK Checkout" merchants during the scheme period; Visa to invest in driving consumptionvoucher usage HON...
Tonik becomes PH's first neobank to secure digital bank license
MANILA, Philippines, June 7, 2021 /PRNewswire/ -- Tonik, the Philippines' first digital-only neobank continues to make waves in the local fintech and banking industry as it secures a digital bank license from the Bangko Sentral ng Pilipinas (BSP) – the first for any private and purely digital ba...
CSOP Asset Management Ltd. Chooses SS&C to Support Operations
WINDSOR, Conn., June 7, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced thatHong Kong's CSOP Asset Management Ltd. has selected Eze Investment Suite for order management and portfolio accounting. Eze Investment Suite provides the flexibility CSOP required for ...
WeBank and SMU Nurture Future-Ready Fintech Talent with Blockchain Courses
SHENZHEN, China, June 7, 2021 /PRNewswire/ -- WeBank, the world's leading digital bank and the first digital-only bank inChina, announced that its summer enrichment programme onFISCO BCOS[1] Blockchain Experience at the Singapore Management University (SMU), a premier university in Asia internati...
Futu sustains leading position by obtaining "BBB-" credit rating from S&P, becoming first online brokerage in APAC with international rating
HONG KONG, June 3, 2021 /PRNewswire/ -- Futu Holdings Limited ("Futu") (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, is pleased to announce that it has obtained a "bbb" GCP (group credit profile) and a "BBB-" investment grade long-term issuer credit rat...
Rapyd Launches a Venture Arm to Propel Digital Commerce and Payment Innovation Globally
Rapyd Ventures to provide capital, strategic advice, and collaboration
opportunities to accelerate growth
MOUNTAIN VIEW, Calif. and SINGAPORE, June 3, 2021 /PRNewswire/ -- Rapyd
SS&C Unveils Advanced In-Region Data Storage for Japanese Clients
SS&C Intralinks meets emerging demands for cross-border data security WINDSOR, Conn., June 3, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced a strategic investment inJapan with its deployment of Distributed Storage Node technology. This innovative technology will e...
LTI Syncordis Recognized as Temenos Service Partner of the Year
MUMBAI, India, June 2, 2021 /PRNewswire/ -- LTI Syncordis
Singapura Finance selects Tagit to drive Digital Transformation
SINGAPORE, June 2, 2021 /PRNewswire/ -- Tagit, a leading digital banking solutions provider, announced that it has partnered with Singapura Finance Ltd (SFL) to implement Mobeix™ Retail Banking and Mobeix™ Corporate Banking products using the Mobeix™ Digital Banking Engagement platform. Sin...
Tradovate to Offer New FairX Futures Commission-Free
Online Brokerage Continues to Bring Innovation to Futures by Offering "No-Fees" Approach, with Commission-Free Trading of New FairX Futures COLUMBUS, Ohio, June 1, 2021 /PRNewswire/ -- Tradovate, LLC, a leading online brokerage firm for active, self-directed futures traders, announced today that ...
Singapore-based Impact Investor Heritas Capital Announces US$60M First Close of Heritas Growth Fund III to Back Asian Emerging Champions Driving Sustainable Covid-19 Recovery
* Pan-Asia Impact Fund to back high-growth emerging champions developing smart platforms that enhance access to affordable quality healthcare and education for sustainable post-Covid recovery, in line with UN Sustainable Development Goals (SDGs) * Builds on successful track record of earlier ...
Fideuram - Intesa Sanpaolo Private Banking and REYL & Cie Receive Regulatory Approval to enter into Strategic Partnership
MILAN and GENEVA, May 31, 2021 /PRNewswire/ -- The European and Swiss financial regulatory bodies, ECB and FINMA, have approved the strategic partnership between Fideuram – Intesa Sanpaolo Private Banking (Fideuram – ISPB), the private banking division of the Intesa Sanpaolo Group, and REYL & Ci...
FE XCELERATE 2021 attracts international fintech startups looking to grow to the next level
HO CHI MINH CITY, Vietnam, May 31, 2021 /PRNewswire/ -- FE XCELERATE, the topline fintech accelerator program series inAsia, has overwhelmingly received more than 40 applications from fintech companies from around the world just two weeks after opening, as it continues to find and help stellar fi...
Binomo announces launch of special events and incentives for new users
ISLAMABAD, May 31, 2021 /PRNewswire/ -- Online trading platform Binomo
International Finance Forum Releases IFF China Report 2021
BEIJING, May 31, 2021 /PRNewswire/ -- International Finance Forum (IFF) announced the release of IFF China Report 2021 (the "Report") outlining importantChina's policy initiatives and the global cooperation opportunities in the context of COVID-19 and beyond. 30,000 copies of the report have been...
Ediphy Analytics Launches a Consolidated Tape Initiative for the European Bond Market and Invites Early Adopters to Support the Final Development of an Advanced Prototype
LONDON, May 28, 2021 /PRNewswire/ -- Chris Murphy, Ediphy's CEO and co-founder, says his fintech business is uniquely positioned to deliver the transparency benefits promised by MiFID II legislators. Ediphy will seek to provide the solution as a low-cost utility model in collaboration with major ...
Komo and Brankas launch Open Banking in the Philippines
SINGAPORE, May 27, 2021 /PRNewswire/ -- Komo
AIZEN 'CreditConnect' vitalizes lending services
SEOUL, South Korea, May 27, 2021 /PRNewswire/ -- Many Vietnamese companies are using 'CreditConnect', AIZEN's Banking-as-a-Service to provide lending services. Connecting with finances, the 'CreditConnect' helps non-financial companies such as shopping centers, education institutions or hospitals...
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