Thursday, March 28, 2024
Malaysian software firm Silverlake is collaborating with Japanese financial technology company Money Design to develop an AI-powered robo-advisor, says FintechNews Malaysia. MYTHEO, the AI advising service, will be released by the two companies’ joint-venture organization called GAX MD Sdn....
The Tokyo Metropolitan Government (TMG) has launched an accelerator initiative called Fintech Program: Asia meets Tokyo, said Japan Today. This program is part of the city’s Global Financial City: Tokyo Vision, which seeks to assist the financial technology sector The...
In the move to facilitate the growth of emerging startups in Europe, global payments company Mastercard announced the launch of Fintech Express on June 2. The Fintech Express program will enable businesses to add payment solutions, set digital-first services, and...
Fintech companies were mostly responsible for the boom in the unsecured personal loan market, which surged by 17% year over year to reach a record high of $138 billion last year, revealed by a report by TransUnion. In 2018, fintechs...
Fintech firms are currently taking advantage of the holiday rush in order to encourage customers to use their products, said Bank Innovation. The firms reportedly pushing their services in a move to help customers. The efforts seek to educate consumers...
Singapore Exchange is tapping on the investment research network with its newest local-based fintech company investment Smartkarma. The move comes with SGX’s initiative to create growth opportunities for Smartkarma in terms of alternative data sourcing in investment research. Together with Sequoia...
As a way to jumpstart its economy amid the coronavirus outbreak, South Korea is temporarily easing its regulations on fintech and ten more sectors. Fintech is part of the 10 sectors, which were subject to deregulation by South Korea’s...
Indonesian financial technology firm Pluang successfully raised $3 million from the recently concluded Series A funding round. Go-Venture, a capital venture fund, spearheaded the campaign. Go-Venture is the investment arm of Gojek. Prior to supporting the fintech firm, Go-Ventures already...
The UK-based fintech company Monese is reportedly meeting with investors to raise funding to £100 million and close its valuation to £1 billion. According to the company insiders, Monese is closing a deal with new and existing investors to raise...
Acorns Grow Inc., a company focused on offering micro-investing and retirement services, is now valued at $860 million, according to CNBC. This is a result of the funding round that happened at the end of January where investors such...

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