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...

2021-06-07 20:25 3541

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 ...

2021-06-07 17:00 4342

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...

2021-06-07 15:30 17101

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...

2021-06-07 10:00 3258

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 ...

2021-06-07 09:00 11312

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...

2021-06-07 09:00 4346

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...

2021-06-03 18:41 14663

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 , a global Fintech-as-a-Service company, announced today the launch of Rapyd Ventures, its new...

2021-06-03 16:00 3066

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...

2021-06-03 08:00 14070

LTI Syncordis Recognized as Temenos Service Partner of the Year

MUMBAI, India, June 2, 2021 /PRNewswire/ -- LTI Syncordis , a global Temenos implementation partner and a subsidiary ofLarsen & Toubro Infotech Ltd. (BSE: 540005) (NSE: LTI) has been recognized as Service Partner of the Year by T...

2021-06-02 14:40 6475

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...

2021-06-02 06:00 3087

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 ...

2021-06-01 19:00 1430

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 ...

2021-06-01 09:00 3280

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...

2021-05-31 19:51 6551

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...

2021-05-31 19:05 3369

Binomo announces launch of special events and incentives for new users

ISLAMABAD, May 31, 2021 /PRNewswire/ -- Online trading platform Binomo hosts one million investors from 133 countries every day, includingPakistan. Binomo, which has taken firm steps to support investor candidates inPakistan, has decided to o...

2021-05-31 13:00 2017

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...

2021-05-31 11:39 4706

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 ...

2021-05-28 16:00 1974

Komo and Brankas launch Open Banking in the Philippines

SINGAPORE, May 27, 2021 /PRNewswire/ -- Komo , the digital banking service created by EastWest, has partnered with Open Banking provider Brankas to enable instant in-app deposits. Brankas partners with Komo by Eastw...

2021-05-27 09:00 6535

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...

2021-05-27 09:00 5634