Thursday, November 21, 2019
Montreal- and Toronto-based Luge Capital recently raised $85 million for its fintech focused investment plans. With its funding, the company plans to provide seed funding for financial technology startup companies as well as artificial intelligence (AI) innovation. The fundraising round...
Malaysia’s Securities Commission (SC) recently granted Luno the full approval to do business as a recognized market operator (digital asset exchange/DAX) in the country, reported The Sun Daily. This comes after the London-based company fulfills all requirements for crypto...
One of Australia’s fastest-growing fintech firms, Athena Home Loans, has recently announced a Series C funding worth $70 million, led by AustralianSuper. The startup firm developed a mobile platform for a mortgage loan, which became famous in the Australian market....
Japan-based financial technology firm Digital Wallet Corporation (DWC) announced last Monday, October 21, 2019, its acquisition of money transfer, remittance, and foreign exchange company Speed Money Transfer Philippines (SMTP). Under the acquisition, SMTP will be rebranded as Digital Wallet Philippines....
US-based payment network Ripple announced Wednesday, Oct 9, it has entered into a strategic partnership with the world’s third-largest financial firm, Finastra. According to reports, the team-up is geared to support fast, cross-border payments with end-to-end tracking. In a news...
Bulgaria is rapidly becoming the leading financial technology center in the Southeast part of Europe, according to ZDNet. The Balkan country saw a spike in the number of homegrown fintech companies. The industry has also been raking in income...
Researchers recently revealed that Singapore is the most prepared city for AI (Artificial Intelligence) and smart technology, Fintechnews Singapore reported. According to two separate studies conducted by two groups of researchers, Singapore is the most prepared for AI adoption...
The fintech industry in Singapore recently amassed $735 million within the first 9 months of the year. The whopping amount garnered by the country increased by 69 percent from last year’s $435 million. According to Bloomberg, analysts from Accenture PLC...
HSBC Malaysia recently piloted Malaysia's very first blockchain transaction through a letter-of-credit (LC). The Star reported that the deal to import resin was executed between Simply Packaging and an unnamed Singaporean company. In the pilot transaction, HSBC Malaysia and...
Brazil-based financial tech company NuBank has surpassed 15 million users record, according to the company chief executive on Friday, Oct. 11. The company was founded in 2013 and has raised millions of funds from fintech investors like Sequoia Capital. Founder...

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