Financial Services

Karma Automotive Names New VP of Global Finance

- Leads Dedicated Business Unit Established to Create Strategic Investments and Drive Partnerships - Brings Important IPO Experience & Ability to Grow Strategic Investors - Key Assignment: Drive Business Growth, Invest in Technology Companies, Build Partnerships IRVINE, California, July 19, 201...

2019-07-19 21:03 253

UBP announces a net profit of CHF 117.2 million for the first half of 2019 and a 6% increase in assets under management

* UBP's net profit in the six months to the end of June 2019 was CHF 117.2 million, up 1.7% from CHF 115.3 million a year earlier. * Assets under management grew by CHF 7.6 billion to CHF 134.4 billion at the end ofJune 2019. GENEVA, July 19, 2019 /PRNewswire/ -- Positive net inflows and incr...

2019-07-19 17:15 298

Building The Bridge Between SMEs And Financing

SINGAPORE, July 19, 2019 /PRNewswire/ -- As the most well-funded peer-to-peer lending platform in SEA, Funding Societies provides business financing to small and medium-sized enterprises (SMEs) which is crowdfunded by retail and institutional investors, as well as high-net-worth individuals. Sin...

2019-07-19 14:35 352

ForU Trucking CEO Shares How Big Data And AI Have Revolutionized Freight Transportation

HONG KONG, July 18, 2019 /PRNewswire/ -- China's freight transportation industry is undergoing a radical transformation fuelled by artificial intelligence and big data, according to a keynote speech delivered byDandan Shan , CEO of ForU Trucking, at RISE 2019 inHong Kong. Shan--who founded China'...

2019-07-18 15:50 594

CapBridge Partners Hana Financial Investment to Extend Footprint in South Korea

SINGAPORE, July 18, 2019 /PRNewswire/ -- Global private capital platform CapBridge Pte Ltd ("CapBridge") today announced a strategic business partnership with Hana Financial Investment Company Limited ("HFI"), a member of Hana Financial Group, one of the largest bank holding companies inSouth Kor...

2019-07-18 14:21 516

Thomson Reuters Launches 'TR IGNITE' the Asia Pacific Technology Investment Programme, offering startups the opportunity to pitch for up to US $250,000

SINGAPORE, July 18, 2019 /PRNewswire/ -- Thomson Reuters announced the launch of its technology investment programme,TR Ignite , for early stage start-ups in the legal and regulatory space acrossAsia Pacific. Founders of sta...

2019-07-18 10:29 593

Insurers Take Decisive Step in Climate Risk Modelling Through Cross-sectoral Mobilisation

ZURICH, July 18, 2019 /PRNewswire/ -- Developing and scaling up the integration of the next generation of risk models requires cross-sectoral collaboration, and the insurance industry plays a critical role as risk managers and investors. This was a key takeaway of the 2019 Climate Change Forum...

2019-07-18 09:00 581

Lightstone Completes $70 Million Fundraising For Marriott Moxy East Village

Funding represents Lightstone's sixth successful hotel EB-5 raise with seventh and eighth raises already underway NEW YORK, July 18, 2019 /PRNewswire/ -- National real estate investor and developer Lightstone announced today the completion of its sixth round of succe...

2019-07-18 02:43 1101

Major Changes to EB-5 Program Approaching

WASHINGTON, July 18, 2019 /PRNewswire/ -- While most people in the U.S. were planning their summer vacations in lateJune 2019, the EB-5 industry was jolted from its summer slumber by the news that onJune 27, 2019, the Office of Management and Budget (OMB) completed its review of draft of new regu...

2019-07-18 01:54 641

Mindtree Reports 10.3% y-o-y Revenue Growth

WARREN, New Jersey and BANGALORE, India, July 17, 2019 /PRNewswire/ -- Mindtree , a global technology services and Digital transformation company, guiding it's clients to achieve faster business outcomes, announced its consolidated results today for the first quarter end...

2019-07-17 21:57 2502

Blockchain Start-up RENDBO Ready to Launch Pre-ICO

LONDON, July 17, 2019 /PRNewswire/ -- Eco Smart Energies Ltd (www.renbdo.io ) is pleased to reveal that the company is now ready to start the pre-ICO campaign for their upcoming project RENDBO or Renewable Energy Network Based on Decentralized Organization. The goal of this...

2019-07-17 21:20 744

Aon names Darren Zeidel as General Counsel

LONDON, July 17, 2019 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced that its Board of Directors has approved the appointment ofDarren Zeidel, 47, as the firm's Executive Vice Presi...

2019-07-17 21:00 2422

Viettel Sets Off A Digital Revolution In Vietnam Through Its New Subsidiary Company

HANOI, Vietnam, July 17, 2019 /PRNewswire/ -- Amid rapid technological developments, tech companies are in a race to equip the local population with the latest developments and inventions.Vietnam's leading telecommunications company, Viettel, is aiming to do so by setting up its eighth subsidiar...

2019-07-17 19:45 794

POS Manufacturer Wiseasy to Build Aadhaar Payment Solutions Based on NEXT Fingerprint Sensor Technology

OSLO, Norway, July 17, 2019 /PRNewswire/ -- NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, announces that Beijing Wiseasy Technology Co., Ltd. (Wiseasy) has selected NEXT`s certified sensor technology for the production of POS terminals for sales in the India...

2019-07-17 19:32 680

Fifth Wall Closes New $503 Million Fund, the Largest Real Estate Venture Capital Fund Raised to Date

LOS ANGELES, July 17, 2019 /PRNewswire/ -- Today, Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry (property technology or "proptech"), announced the close of its second real estate technology fund. The oversubscribed$503 million Fund II mor...

2019-07-17 19:30 727

Meituan Launches China's First Charity Project to Support Children of Riders

BEIJING, July 17, 2019 /PRNewswire/ -- Meituan (HKG: 3690), China's leading e-commerce platform for services, and China Charities Aid Foundation for Children (CCAFC) today announced a charity project for children of delivery riders. As the first of its kind inChina, the charity project aims to su...

2019-07-17 19:12 2570

New Frontier Group, industry leader in Cost Containment and Assistance Solutions, announces the arrival of its newest management team member to its rapidly expanding company

FOOTHILL RANCH, Calif. and FT. LAUDERDALE, Fla., July 17, 2019 /PRNewswire/ -- New Frontier Group,www.newfrontiergroup.com, Leaders in Global Medical Solutions, has expanded its worldwide management team. New Frontier Group, industry le...

2019-07-17 19:00 651

CXA Group sets up a Tech Hub in Ho Chi Minh City to support the expansion of its technology business.

SINGAPORE, July 17, 2019 /PRNewswire/ -- CXA Group , Asia's one-stop, AI driven platform for better health, wealth and wellness choices, announced today that it will set up the CXA Tech Hub inVietnam, as a part of the expansion of its technical capabilities to support i...

2019-07-17 18:21 735

The First Emerging Tech Connector In Vietnam - YellowBlocks - Announces 100 Global Partners In The Unprecedented Tech Cruise

HO CHI MINH City, Vietnam, July 17, 2019 /PRNewswire/ -- YellowBlocks was founded in 2018 as the first emerging tech ecosystem connector forVietnam. As the platform for collaboration for AI/ML, Blockchain, Cloud, BigData, IoT, AR/VR.., YellowBlocks is hosting an unprecedented event inVietnam, The...

2019-07-17 15:44 779

Transamerica Life Bermuda Honored by Industry Peers as Best in Class Life Insurer

HONG KONG, July 17, 2019 /PRNewswire/ -- Transamerica Life (Bermuda) Ltd. (Transamerica Life Bermuda) once again received industry recognition for its world-class service and innovative products by winning the International Life Insurer of the Year award at the 2019 Asian Banking & Finance, Insur...

2019-07-17 15:04 719
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