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Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink and virtual asset provider OK-BIT — for an undisclosed amount, Crypto.com said. .
Zipmex , a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. The funding will be used on hiring and to add more product offerings.
The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. TymeBank , a South African digital bank, announced today that it has secured an R1.6
Now Singapore-based Syfe is announcing that it has closed a $30 million Series B, only nine months after its Series A. Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 Most of my career has been within Hong Kong, Singapore and parts of India. million led by Valar Ventures.
It is uncertain what has made the relaunch possible: a thawing of digital relations, or simply the passing of time in a digitally fractured and fast paced geopolitical environment? Context: Indias push for data localization has been a cornerstone of its digital regulatory framework.
Based in Singapore, Xfers will serve as the B2B and Southeast Asia arm of Fazz Financial Group, while Payfazz, which already uses Xfers’ payments infrastructure, will continue expanding in Indonesia. Payfazz uses payment infrastructure developed by Xfers to accept digital payments. ” Singapore-based Xfers Lands $2.5M
but also in France, Brazil, Singapore, Hong Kong, etc. And it turns out you need cash on your balance sheet in the Philippines if you want to get a license from the local regulator — it doesn’t matter if you have a ton of money sitting in your bank account in London. But we generate double-digit million dollars,” Pousaz told me.
In Singapore, the company is applying for a Major Payment Institution license. Paxos is also well known for PAX Gold, a digital asset that is backed by physical gold. For instance, Paxos plans to launch the Paxos National Trust Bank and to apply for a Clearing Agency registration with the SEC in the U.S.
Cobo , a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST Global , A&T Capital and IMO Ventures.
Today the Singapore-based company announced it has closed an oversubscribed $2 million seed round, with participation from returning investors M Venture Partners and Global Founders Capital. It’s time for investors to redefine how we evaluate digital health startups. ThoughtFull gets $1.1M
The Singapore-based fintech, which enables cross-border payments in more than 170 markets, announced today that it has raised $16.9 It is also partnered with Standard Chartered, the British multinational bank, to offer digital escrow services. million in Series A funding led by Sequoia Capital Southeast Asia.
Lakhani said that NayaPay is leading a digital payment revolution in Pakistan , a cash-heavy economy, where only 1% of $4 trillion payments are done electronically. NayaPay has already acquired the requisite authorizations including the E-Money Institution license from the State Bank of Pakistan.
Wapi Pay , a Kenyan startup with offices in China and Singapore, is carrying out this play and has carved a market for itself by facilitating payments between both extreme remittance worlds of Africa and Asia. Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
It is associated with The University of Tokyo (UTokyo), where it has a partnership with its Technology Licensing Office (TLO) to spin off and invest in companies that originated as research projects. Broadly speaking, UTEC focuses on three areas: healthcare and life sciences, information technology and physical sciences and engineering.
Data has emerged as one of the world’s greatest resources , underpinning everything from video-recommendation engines and digital banking , to the burgeoning AI revolution. Dozer in the handiwork of Vivek Gudapuri and Matteo Pelati , who founded the company from their base in Singapore nearly a year ago.
The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than $2 billion in financing to MSMEs since it launched in 2015. It is now licensed and registered in Singapore, Indonesia (where it is known as Modalku), Malaysia and Thailand.
with 18 startups; Mexico with 17; Singapore with 12; and Canada and Brazil, 11 each. Amenli, founded by Shady El Tohfa and Adham Nauman in 2020, is addressing an untapped $2 billion market, being the first licensed online insurance broker in the country. Another digitizing-informal-retail-stores play, this time from Nigeria.
Part of the new round will be use to apply for financial licenses in Singapore, Hong Kong and South Africa, and partner with banks and financial institutions, like payment gateways. “We dollar liquidity, tools to conduct trade in digital fiat currencies. XREX’s last funding was a $7 million seed round in 2019.
or a boutique firm out in Singapore, they have access to this platform to touch each of these exchanges.”. Our potential client base is much broader than one type of institution; so long as the broker has a digital play, they can use our infrastructure to access African exchanges.”. The SecondSTAX team.
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Some notable Islamic fintech companies include peer-to-peer lending platform and digital bank Hijra (formerly known as Alami), online bank Bank Aladin , LinkAja , which is backed by Telkomsel and Bank Mandri, the largest bank in Indonesia in terms of asset loans and deposits. Meanwhile in Malaysia, where 61.3% out of its 33.6
Toronto, Canada: Toronto Net Tuesday: Digital Literacy for Nonprofits. Atlanta, Georgia: Visual Storytelling: Using Digital Media. Birmingham, United Kingdom: RAWM Digital Community Engagement Session: Tableau Public Session. Birmingham, United Kingdom: September Meetup: Top Digital Tools. Tuesday, September 8, 2015.
Singapore, Singapore: DataJam! Bamenda, Cameroon: How to Create Digital Stories. Bamenda, Cameroon: How to Create Digital Stories. IMAGE ATTRIBUTION GUIDELINES Image Name: Author / License. Los Angeles, California: YouTube for Nonprofits. Asia and Pacific Rim. Wednesday, June 7, 2017. Wednesday, June 21, 2017.
Singapore, Singapore: DataJam! Bamenda, Cameroon: How to Create Digital Stories. Bamenda, Cameroon: How to Create Digital Stories. Dublin, Ireland: Digital Street Mapping Workshop. IMAGE ATTRIBUTION GUIDELINES Image Name: Author / License. San Francisco, California: Code for America Civic Hack Night.
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Burlington, Vermont: Free Open Office Hours for Nonprofits — with Sustainable Digital. Bamenda, Cameroon: How to Create Digital Stories. Bamenda, Cameroon: How to Create Digital Stories. Singapore, Singapore: DataJam! IMAGE ATTRIBUTION GUIDELINES Image Name: Author / License. Seattle, Washington.
The company intends to roll its robotaxi service outside of mainland China, to Singapore and the Middle East, and already has acquired a license to test its autonomous vehicles in Hong Kong. Who Gives a Crap , Australias well-known sustainable toilet paper brand, expanded to the U.S. To date, they have donated around $12.5
In 2020, the government of Singaporelicensed Wysa, and provided the service for free to help cope with the emotional fallout of the coronavirus pandemic. 4 strategies for building a digital health unicorn. Still, Wysa has had several tests in the real world.
MyHeritage licensed the new technology from D-ID, a Tel Aviv-based startup that works to create patented video reenactment technology powered by A.I. Longer-term, D-ID envisions how this technology could be used in a metaverse environment, where digital avatars of people could be animated with A.I. Singapore, and Israel.
Gone : Google removed hundreds of Kenya-focused loan apps from its Play Store following a new policy that digital lenders needed to provide proof of license, Annie writes. Testing, testing 1, 2, 3 : Battery swapping provider Gogoro plans to scale in new markets via B2B partners, like Foodpanda in Singapore, Rebecca reports.
Bamenda, Cameroon: How to Create Digital Stories. Bamenda, Cameroon: How to Create Digital Stories. Wellington, New Zealand: Get a Digital Head Start for 2017 — NetSquared Wellington Unconference. Singapore, Singapore: DataJam! IMAGE ATTRIBUTION GUIDELINES Image Name: Author / License.
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