Managers of Wealth Asia Pacific

Fintech unicorn Lufax, backed by China’s biggest insurer, Ping An, said to be secretly applying for US IPO

Investors valued Lufax at US$39.4 billion in a 2018 funding round

Standard Chartered Taps Microsoft for Digital-First Strategy

The first set of capabilities to move to Azure will be Standard Chartered’s trade finance systems, which will facilitate seamless cross-border trade for the bank’s corporate and institutional clients.

Indonesian fintech firm Fundtastic buys mutual fund portal Invisee, report says

“We are working as two different companies that were both trying to make a profit. By merging our companies, we can improve profitability,”

Platform business in administration

Company management had already undertaken much of this work as part of the unwinding of operations as a result of the sale of Wealthtrac to its original founders," Damien Hodgkinson of Olvera said.

Ingdan Innovations Introduces Leading Strategic Investor, Guangdong Finance Fund Management

Will Enable Resumption of High Growth in the Company's Core Business

CREALOGIX – Leading the Digital Transformation Charge into Asia Pacific

The firm’s focus is on evolving bank’s and end customer’s needs for digitalisation in a secure and personalised way within a comprehensive user experience.

Southeast Asian Fintech Partners Thunes

Founded in 2003, TrueMoney focuses on providing financial services for users including the unbanked across Thailand, Cambodia, Myanmar, Vietnam, Philippines, and Indonesia.

Major South Korean Bank Joins the Crypto Custody Business

We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action.

InvestHK Announced Fast Track Fintech Development Programme

About 10 companies per vertical will be selected to showcase their solutions for an opportunity to join a tailored B2B matchmaking programme with corporates and investors to explore further deals and investment partnerships.

BSP asks consumers to practice cyber hygiene

The COVID-19 pandemic and the necessary lockdown and containment measures increased the need for online financial transactions.

Israeli AI tech to assist Japan’s largest bank uncover promising Asian startups

The joint $80 million venture between MUFG Bank and Liquidity Capital will target health care, education and e-commerce startups, screening companies' bank accounts, accounting data, and other information with AI

A Japanese robotics startup has invented a smart mask that translates into eight languages

Made of white plastic and silicone, it has an embedded microphone that connects to the wearer’s smartphone via Bluetooth.

Philippines open to Qatar investments in digital banking, says central bank official

In light of the progress the Philippines has made in Islamic banking, she stressed that offering a Shariah-compliant digital solution to the market 'will be very attractive.

Hong Kong and Singapore investors turn backs on robo-advisers

Over 90% said that receiving face-to-face financial advice is ‘important’ to them

The Next Evolution of Wealthtech Integrations

The rise of robo-advisors in the mid-2010s helped accelerate this trend.

5 recent digital banking announcements in Asia and Australasia

Trends such as social media, artificial intelligence, e-wallets, open banking

Singapore to set up Asian digital finance research institute by end-2020

This will build the leadership pipeline in fintech for Singapore and the wider region, the partners said in a joint press statement.

Grab launching micro-investment product, consumer loan platform

The money is invested into fixed income funds offered by Fullerton Fund Management and UOB Asset Management.

Tencent in Talks to Create $10 Billion Streaming Giant

A deal would create an online giant with more than 300 million users and a combined market value of $10 billion, cementing Tencent’s lead in Chinese games and social media.

UBS: China Faces GDP Shave from Tech Decoupling

Currently, exporters worldwide with supply chain exposure in China are increasingly considering options elsewhere.

FinTech