Trade Ledger platform selected by Bibby Financial Services to drive funding automation
BFS will leverage the Trade Ledger platform to enhance functionality and enable greater control for businesses seeking funding.
Irish InsurTech Blink launches new business interruption solution
Creating a business interruption solution opens up a significant new market for Blink and will make it quicker and easier for insurers to support firms with financial assistance.
The Carlyle Group to acquire Calastone
Calastone announce that The Carlyle Group has reached an agreement to acquire a majority stake in the business from its current shareholders.
Fintech startup ABC Technology establishes international HQ in Singapore
Fintech startup ABC Technology today announced the establishment of its international headquarters in Singapore. The move marks the next step in the company’s drive to bring its artificial intelligence (AI)-based financial technology solutions to the global arena. The international HQ is responsible for sales and marketing, as well as spearhead the filing and registration of patents for the startup’s intellectual properties (IPs). “We picked Singapore as the base for our international operations because of its strategic location, leading position as a financial hub, language proficiency and maturity of IP rights. Singapore practises sound corporate governance and is an easy place to do business,” said Mason Yang, Founder and Chief Executive […]
Bahrain’s fast track plan to become a FinTech hub
FinTech is one of the key focal points of governments in the GCC, as it is at the core of facilitating the economy. Easing payment methods and making them faster not only helps businesses receive payments and clear dues quickly, but also facilitates business projects faster. Not to forget that the international nature of economy today means cross-border payments need to become faster and easier, which is why UAE and KSA have been experimenting with blockchain to understand its impacts on international bank transfer. Just this year, FinTech has gained strong traction in the region. And Abu Dhabi has been launching a number of funds and initiatives to support the […]
FinTech company OKLink wins Deloitte “Hong Kong Rising Star”
Leap Holdings Group Limited announce that OKLink Fintech Limited, a wholly-owned subsidiary of Leap Holdings Group, was awarded the “Hong Kong Rising Star” by Deloitte in 2019 HK Tech Fast 20 and Rising Star Program on 8 November 2019. The award recognizes OKLink’s leading position in the industry segment and ample room for growth. OKLink focuses on the R&D and application of blockchain technology. The company provides blockchain services and applications, including stablecoin, blockchain, big data, and blockchain asset custodian services. With the Hong Kong government actively promoting technology and innovation, OKLink continues to seek breakthroughs in innovation with leading technology and win-win business model and has become a successful […]
CoinShares announces two new flagship funds
CoinShares Group, the group behind the first bitcoin and ether exchange traded notes (Issued by XBT Provider AB) and the team behind the world’s first regulated bitcoin strategy (GABI), is announcing two new flagship crypto investment funds. The two funds: CoinShares ‘Active’ Fund – a multi-coin, alpha-generating, active strategy; and CoinShares ‘Large Cap’ Fund – a passive, large-cap, basket fund; represent a natural evolution of market approaches based on the current trajectory of the crypto-asset economy. This announcement follows the group’s October launch of the first Ether Tracking, Exchange Traded Products on Nasdaq Stockholm. These ETPs now comprise more than $350M of assets less than 4 months post launch. “As […]
UnionPay International signs long-term partner agreement with global payment innovator Verrency
Verrency today signed a long-term agreement with UnionPay International (UPI), a wholly owned subsidiary of China UnionPay (CUP), to offer Verrency’s innovative value-added services to Union Pay’s issuing banks across Asia. Verrency’s services will be delivered via the UPI Wallet, Union Pay’s innovative API service. Signing the formal agreement were David C. Link, Chief Executive Officer/ Executive Chairman, Verrency, and Shuan Ghaidan, Product Director, UnionPay International. Shuan Ghaidan said: “We are very glad to be working with Verrency to offer further control, service, convenience and security to our customers. Verrency’s innovative services will further enhance the value of the UPI Wallet and the value that Union Pay enables for its issuers. […]
