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Chinese Fintech Unicorn Tiger Broker Seeks US$ 91 Million in IPO
Tiger Broker who recently joined the illustrious list of chinese fintech unicorns late 2018 has announced its plans to raise up to US$ 91 Million an IPO on NASDAQ , according to prospectus filed with US Securities and Exchange Commission.
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A Snapshot of Fintech Unicorns in Asia
In 2018, Asia made a run at the US as the top market for fintech deals with a surge in early-stage and mega-round investments. The region recorded the biggest boost in fintech deals, raising US$22.65 billion across 516 deals, including
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How China is Quietly Shaping Asia’s Fintech
When one considers China’s influence on the rest of Asia, it is often seen as a benchmark; how China’s dramatic move into a cashless society has financially emboldened more of its populace, created more financial inclusivity for the underserved thus
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DocDoc Secures Investment from Cyberport Macro Fund
DocDoc, a patient empowerment platform recently announced that it secured strategic investment from Cyberport Macro Fund . Following this investment round DocDoc will be opening a new office in Hong Kong’s Cyberport This recent investment from Cyberport brings the total
Read More4 Out of 5 of Customers Don’t Think Banks Know What They Need
According to a study conducted by JD Power, 54% of customers don’t fully trust their primary banks, which the study marks as notable sinceconsumers often consider banks their trusted adviser for financial planning. The study finds that four in five
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HSBC Unveils PayMe for Business App in Initial Beta Test
HSBC’s PayMe announced the launch of a beta test programme for PayMe for Business, a new person-to-merchant (P2M) payments app in Hong Kong. The beta test will involve 15 businesses from a diverse range of sectors from food and beverage,
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Japan’s Central Bank Explores a Central Bank Backed Digital Currency
Perhaps in response to the call by IMF Chief Christine Largarde for nations to look into central bank backed digital currencies, Bank of Japan is now exploring the concept of central bank digital currency (CBDC). Published this month by the
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