Archive

24 Fintech Unicorns Were Born in 2019

In 2019, a record of 24 fintech unicorns were born, with more than half of them (13) being from the US, according to data from CB Insights. Following the US is Germany with three new fintech unicorns, and the UK

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CoolBitX Raises $16.75M In Series B Funding Led By SBI Holdings

CoolBitX, has successfully secured $16.75 million in a Series B funding round. According to their statement, the funding will help provide FATF-compliant solutions to virtual asset service providers (VASPs) around the world through their service, Sygna. The funding round, led

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Digital Assets Firm FinFabrik to Integrate Chekk’s KYC Solution

FinFabrik signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology. CrossPool is built to serve

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Zinvest Financial Joins the Zero-Commission Crusade

Zinvest Financial (“Zinvest”), a SEC-registered investment adviser that offers advisory & trading resources to US-Asia investors, today announced its official launch. Headquartered in Anaheim, California, Zinvest offers no-fee investment advice on US securities, access to national market data, stock trading

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A Mask Inventory System on Blockchain is Being Deployed to Fight Coronavirus in Taiwan

Taiwan’s concern in response to the 2019-nCoV Coronavirus outbreak has forced its local authorities to strictly ration the distribution of surgical masks and alleviate manpower shortages in repackaging bulk supplies through the help of volunteers. To facilitate this daunting logistical

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HK-Based Fintech Awarded “Most Innovative” in Alibaba’s Global Pitch Competition

The Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2020 Global Pitch Competition Grand Finale today announced the top five winners at the close of the two-day event with 20,000 supporters from 100 countries and regions participated online. Up to a total US$5 million

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Mastercard’s Entry into China Paints of Picture of China’s Market Liberalisation

Mastercard was granted preparatory approval from the People’s Bank of China (PBOC) to begin setting up a domestic bankcard clearing institution in China, the company announced on February 11. The news is significant for Mastercard, which has been looking to

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Easy Euro Raises US$ 4 Million to Provide Digital Banking Services to SMEs

EasyEuro a fintech startup that describes itself as a Paris and Shenzhen based company offering digital banking services to SME trading between Europe and Asia – with initial focus on China, has announced the completion of a US$4 million pre-A funding

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3 Ways China’s Bigtechs are Helping to Tackle the Coronavirus Crisis

In the midst of the global health crisis involving the novel coronavirus (2019 nCoV), China’s bigtechs including Tencent and Ant Financial, the financial affiliate of e-commerce giant Alibaba, have deployed solutions and set up financial aid programs to help combat

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ZA Bank Picks Fiserv to Power its Cards Payments

Fiserv, a global tech vendor for financial services and ZA Bank the first virtual bank to soft launch in Hong Kong announced today that the bank will be using Fiserv to power its entire card payment lifecycle which includes; origination, card

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