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China’s Huize secures MAS license in Singapore for insurtech PoniChina-based Huize Holding Limited, through its international brand Poni Insurtech, announced that Poni Financial Advisory Pte. Ltd. has been licensed by the Monetary Authority of Singapore as a Financial Adviser and Exempt Insurance Broker. The Singapore license strengthens Huize’s ASEAN commitment and underpins a dual regional hub strategy spanning Singapore and Hong Kong, the firm said...0 Σχόλια 0 Μοιράστηκε 77 Views 0 Προεπισκόπηση
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DBS expands blockchain capabilities by tokenizing and distributing structured notesSingapore-based lender DBS announced Thursday it will tokenize structured notes on the Ethereum public blockchain and offer it to eligible investors on third-party digital investment platforms and digital exchanges. ADDX, DigiFT and HydraX are the first three digital platforms that DBS has entered into arrangements with to distribute tokenized structured notes, DBS said in a statement. By...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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Endowus expands credit offerings with global alternative investment manager Man GroupEndowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore. Endowus said in a statement on Wednesday that through this partnership, the firm will provide access to Man Group’s differentiated solutions under its premier global credit platform,...0 Σχόλια 0 Μοιράστηκε 9χλμ. Views 0 Προεπισκόπηση
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iFAST Pay Malaysia expands into regulated payment servicesSingapore-based digital banking platform IFAST Corporation Ltd. announced last Friday that its Malaysia-incorporated subsidiary, iFAST Pay Malaysia Sdn Bhd, has received approval-in-principle from Bank Negara Malaysia to operate as an Electronic Money (E-Money) Issuer and to hold a Money Services Business (MSB) Class A license. IFAST said in a statement, the group’s vision is to build a...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views 0 Προεπισκόπηση
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Raffles Family Office debuts digital asset fund in Hong KongRaffles Family Office (RFO), a multi-family office based in Asia, has debuted its digital asset fund in Hong Kong. In a statement, RFO has announced that the flagship company of the group, Raffles Assets Management (HK) Co. Limited (RAMHK), after receiving consent from the Securities and Futures Commission to its change in business plan in managing portfolios that invest in virtual assets, has...0 Σχόλια 0 Μοιράστηκε 8χλμ. Views 0 Προεπισκόπηση
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Singapore’s BetterX secures $1.72M in Pre-Series A funding to expand into Asia, the Middle East, and the USBetterX, a Singapore-based digital asset-focused business to business (B2B) platform, has successfully closed a S$2 million ($1.72 milion) pre-Series A funding round. The round saw participation from existing investors, including Aura Group and Tibra Co-founder Kinsey Cotton, alongside new investors such as Sydney’s Grand Prix Capital,Singapore’s Aument Capital and angels including...0 Σχόλια 0 Μοιράστηκε 10χλμ. Views 0 Προεπισκόπηση
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Singapore’s Elev8 Venture Partners leads $50M funding round in smallcaseSmallcase, India’s largest model portfolios platform, has raised $50 million in its Series D funding round with a mix of primary and secondary led by Singapore’s Elev8 Venture Partners. Smallcase said in a statement on last Friday the round also saw participation from new and existing investors including State Street Global Advisors, Niveshaay AIF, Faering Capital and Arkam...0 Σχόλια 0 Μοιράστηκε 8χλμ. Views 0 Προεπισκόπηση
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Singapore’s Endowus raises additional $17.5M, bringing latest fundraising round to over $50MSingapore-based digital wealth advisory platform Endowus has announced an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5 million. The firm said in a statement on last Thursday that the funding increased its total funding to over $110 million. New investors include Malaysia-based OSK Ventures and Asia Companion Fund...0 Σχόλια 0 Μοιράστηκε 11χλμ. Views 0 Προεπισκόπηση
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Singapore-based financial institution Penguin Securities secures MAS CMS licensePenguin Securities, a Singapore-based financial institution, has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). With its CMS license, Penguin Securities is authorized to offer a fully integrated investment solutions and diverse capital markets products to accredited and institutional clients, including securities, structured products,...0 Σχόλια 0 Μοιράστηκε 7χλμ. Views 0 Προεπισκόπηση
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Swiss fintech firm additiv expands APAC operations with new Indonesia officeAdditiv, a Switzerland-based digital solutions and platforms for the financial services industry, has on Monday announced the opening of its new office in Jakarta, Indonesia, marking the expansion of its Asia Pacific operations. This strategic move reinforces additiv’s commitment to the region and positions the company to better support financial institutions in their digital...0 Σχόλια 0 Μοιράστηκε 11χλμ. Views 0 Προεπισκόπηση
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