Boost and U Mobile partner UnionPay to expand digital payment options in Malaysia
UnionPay International (UPI) has tied up with Malaysian e-wallets U Mobile’s GoPayz and Boost to offer greater ease and convenience of payment to Malaysian consumers. UPI’s partnership with GoPayz enables users to make digital payments locally and overseas by using the new UnionPay Virtual Card available on the app. GoPayz users can make payments by scanning the merchant-presented […]
Singapore FinTech startup M-DAQ wins Samsung’s backing
Singapore fintech startup M-DAQ Pte won the backing of Samsung Group’s venture capital fund in a bid to expand in South Korea and beyond. With Samsung’s investment in its pre-series D round, the company’s valuation will exceed S$500 million ($368 million), up from S$250 million in November 2015, according to Chief Executive Officer Richard Koh. […]
Singapore Fintech Association and Indian Chamber of Commerce agree fintech pact
Singapore Fintech Association (SFA) and the Federation of Indian Chambers of Commerce and Industry (FICCI) today inked a partnership agreement to share information about FinTech and collaborate on mutually beneficial initiatives that would further the development of the FinTech industry in both countries. This agreement was signed at the opening ceremony of the first ever […]
Tokyo-based WealthNavi raises $37.6m in Series D round
Tokyo-based WealthNavi, provider of Japan’s biggest financial robo-adviser service, has secured 4.1 billion yen ($37.6 million) in its Series D funding round backed by a fund launched by Sony Financial Ventures and Global Brain, according to an announcement. Other investors including UTokyo Innovation Platform, SMBC Venture Capital, Mizuho Bank, Opt Ventures, and Resona Capital also […]
FinTech startup troy successfully completes Series A financing round
FinTech startup troy, which specializes in customer-friendly debt collection, has successfully completed its second round of financing, raising a medium-sized seven-digit amount. troy completed the funding round with the help of four new investors: eCAPITAL, BORN2GROW, Avala Capital and Seed X Liechtenstein AG. Also, all existing investors have re-invested. The former lead investor, HTGF High-Tech-Gründerfonds, […]
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 […]
Glasgow in sights of fintech aiming to disrupt lending market
A fintech start-up founded by a Glaswegian entrepreneur is aiming to disrupt the lending market with a “totally new and fair approach” – and set to roll out low-cost loans for public sector workers in locations including Glasgow. Salad Money, founded by Debt Hacker campaigner Alan Campbell, is looking to “smash the monopoly” of credit […]
London real estate fintech biz collects €11.5m
Immo Investment Technologies has raised €11.5 million from investors including Talis Capital and HV Holtzbrinck Ventures. The business sources and purchases homes on behalf of buy-to-let investors. In addition to the equity capital, the London-based company has secured €60 million from real estate investors to fund the acquisition of properties. To read more, please click […]
