05/30/2022
Crypto lender Babel Finance raises $80m, reaches $2bn valuation
The Hong-Kong based crypto lender has applied for licences in the UK and Luxembourg.
FinTech
05/29/2022
Finance expert wants to transform PH banking
Uno Digital Bank is expected to be launched in the second quarter.
05/27/2022
MAS Launches 2022 Global FinTech Hackcelerator on Web 3.0 and Green Finance
The competition, powered by Oliver Wyman, seeks to leverage the potential of FinTech in accelerating the development of Web 3.0 and Green Finance
05/26/2022
Aussie banking and investment tech spend to top $28B this year
IT services to make up the bulk of the spend, at $13.4 billion.
05/26/2022
10x And Westpac Partner To Launch A Robust, Scalable And Flexible Transaction Banking Platform
10x Banking is going from strength to strength with clients across three continents
05/25/2022
Generation Life launches innovative investment-linked lifetime annuity solution
“Generation Life’s use of Composer’s inbuilt capabilities as part of the implementation incorporates a sophisticated process involving actuarial calculations for management of longevity risk”, Boland said.
05/25/2022
Metalpha: Advanced digital asset management platform jointly established by LYL Dragon Victory International and Antalpha AntPool
Metalpha aims to provide advanced asset management services for digital currency users around the world
05/25/2022
Singapore Sovereign Fund Invests in Indonesian Robo-Advisor
The funds are earmarked for launching new products and services, developing new technology and for hiring more talent
05/25/2022
Indonesian robo-advisor Bibit secures $80m in funding led by GIC
Bibit, launched in 2019, is owned by Stockbit, a stock investing platform for millennials in Indonesia.
05/25/2022
Babel Finance closes US$80 million Series B fundraising round at US$2 billion valuation
The latest funding round propels Babel Finance into the ranks of the world's most valuable crypto financial services companies in the institutional services sector
05/24/2022
HSBC adds structured products to its online trading platform
Asia private banking clients will be able to trade fixed coupon structured products on their mobile phones.
05/24/2022
Challenger and SimCorp to launch new investment administration company
As part of the agreement, Challenger will move its current on-premise SimCorp platform to SimCorp’s cloud-based solution.
05/24/2022
Temasek-Backed ADDX Raises Fresh Funding From SET, UOB
The exchange, which claims it is the largest private market exchange in Asia, said it plans to use the funds to scale its operations
05/23/2022
Public and private sectors to battle for control of crypto
The mandates of the Washington DC-based IMF and World Bank are both seriously threatened by the rise of crypto
05/19/2022
Digital investment platform launches in Hong Kong
As Manulife unveils savings product in the Special Administrative Region.
05/19/2022
Core banking vendor Thought Machine raises $160m Series D
Cash from the Series D will be spent supporting the UK-based firm’s ongoing global expansion.
05/19/2022
Cryptocurrency More Like Kryptonite, Says Top Fund Manager
Prudential investment unit PGIM said crypto is an unreliable portfolio diversifier and an inadequate safe-haven asset or inflation hedge
05/18/2022
AMP Bank accelerates launching a digital mortgage
AMP Bank is investing to enhance the lending experience for customers with a focus on digital technology.
05/17/2022
Unleashing The Power Of Innovation In Financial Services
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05/17/2022
Japanese Investment Bank Nomura To Launch Bitcoin, Crypto Subsidiary
One of Japan’s most prominent investment banking broker is set to launch a subsidiary focused on bitcoin and other cryptocurrency products.