Wednesday, October 2, 2024
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...
Financial technology and payments start-up Xendit has secured $150 million in a Series C investment round in Jakarta, raising its worth to around $1 billion. The company launched in the Philippines in December. A "unicorn" is a privately held...
Chinese companies comprise the lion's share of the overall fintech investments in the world, despite continuing tensions between China and the U.S. over commerce and technology, a new report by the consulting firm Accenture revealed. Of the $55.3 billion total...
E-commerce company Infibeam Avenues announced its plan to invest Rs 250 crore (more than USD 35 million) in a move to elevate its fintech ventures, according to The Economic Times. The goal of this investment is to develop a...
After Bitcoin's disastrous fall in price in late 2018, many analysts and traders claim Ripple will be the next to boom in the cryptocurrency industry. In one of the interviews in a Forbes article about the potential rise of Ripple,...
In the move to accelerate the United Kingdom’s tech and fintech initiatives, Tech Nation has launched the Fintech Pledge with support from HM Treasury and Fintech Delivery Panel. The growth platform for tech companies, which is Tech Nation, sets the...
The digital payments industry of Vietnam has been showing signs of robust growth and expansion, said Fintechnews Vietnam. This development is due to the actions taken by several entities including industry players, agreements and the Vietnamese government. This comes...
Merchant platform Pine Labs announced its partnership with leading consumer fintech company ZestMoney last Wednesday, March 4, 2020, to provide customers with credit facilities. The said offering is slated to be offered at point-of-sale (POS) terminals. The partnership’s new facility...
Ripple recently announced its partnership with universities in the US, China, Brazil, and Singapore for the expansion of its global University Blockchain Research Initiative (UBRI). According to the cryptocurrency's press release, it launched the UBRI in June 2018 to promote...
Australian Prime Minister Scott Morrison has appointed Sen. Jane Hume as a cabinet member responsible for overseeing financial services and financial technology. Sen. Hume will assume the office of Assistant Minister for Superannuation, Financial Services and Financial Technology. She will...

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