Sector Updates

Singapore-based YouTrip, an online bank that focuses on making multi-currency transactions less costly and more efficient, has raised a $30m in Series A funding. According...

Digital innovation is reshaping the risk landscape for insurers, revolutionising the way they assess, manage, and mitigate risks. Through the advent of advanced data analytics, artificial intelligence, and automation technologies, insurers are gaining unprecedented insights into risk factors, enabling them to make more informed decisions and respond swiftly to emerging threats.

Earlier in the week, it was revealed that credit card issuing giant Capital One had data breach which affected 100 million Americans and six million Canadians.

Israel-based cybersecurity company CYE has secured a $100m growth investment from private equity firm EQT.

SynSaber, an early-stage ICS/OT cybersecurity and asset monitoring company, has nabbed $13m for its Series A round.

The global regulatory landscape is increasingly demanding comprehensive record keeping strategies from firms. This focus is escalating as both regulators and firms are investing...

Blockchain-based cryptocurrency exchange and trading platform Quoine has ended its ICO on 350,000 ETH.

Payment app Zeux has launched a Visa card to satisfy what it refers to as a growing appetite for a “phygital” – physical and digital – banking experience.

Singapore-based digital wealth app Endowus has raised $27m in its mission to make expert wealth management accessible, affordable and convenient to everyone in Singapore and across Asia.

As we delve into the initial months of 2024, the wealth management sector stands at the cusp of transformation, propelled by technological advancements and a challenging economic landscape.