Asia
Southeast Asia & South Asia see 83% drop in fintech startups; investors opt for risk-averse strategies
The countries of South and Southeast Asia saw a year on year decline of 83 percent in new fintechs in 2022, with only 349 startups emerging in the region, says Robocash Group.
SFC consults on proposals to regulate virtual asset trading platforms
The Securities and Futures Commission (SFC) has on Monday launched a consultation on the proposed requirements for operators of virtual asset trading platforms. Under a new licensing regime to take effect on June 1, 2023, all centralised virtual asset trading platforms carrying on business in Hong Kong or actively marketing to Hong Kong investors will need…
Singapore and India launch real-time payments
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI).
Here’s a closer look at the winners of She Loves Tech Global Competition 2022
We talked to the winners of She Loves Tech Global Winners 2022, to learn more about these female entrepreneurs, their ambition, their aspirations and their plans in 2023.
EV, bioeconomy among industries poised for exponential growth, says investor & author Azeem Azhar
Azeem is one of the speakers at the DLD Conference held between January 12 and 14 in Munich, Germany.
FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN
Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).
Japan’s Lifull acquires Thailand brokerage services company FazWaz
Japan-based marketplace operator Lifull Co., Ltd has announced the acquisition of Thailand-based brokerage services company FazWaz, to expand its real estate businesses in Thailand and Southeast Asia and acquiring technology.
DBS to apply for crypto licence in Hong Kong – report
When the regulations in Hong Kong are clear, and the bank “understands exactly the framework,” DBS will be one of the lenders interested in participating, said Paredes.
Australia’s Loam Bio raises $73M in Series B funding co-led by Lowercarbon Capital and Wollemi Capital
Aussie carbon farming startup Loam Bio has raised AUD 105 million ($73 million) Series B funding round co-led by Lowercarbon Capital and Wollemi Capital.
Arta TechFin partners OSL to create an end-to-end virtual asset financial service ecosystem
Arta TechFin (ARTA), a hybrid fintech platform in both traditional assets and virtual assets, and OSL, the digital asset business division of BC Technology Group, have on Wednesday entered into a strategic partnership to create an end-to-end VA financial service ecosystem.
