How did Singapore beat China to become Asia’s biggest FinTech investment destination?
Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.
FintechOS closes Series A as it eyes expansion into South East Asia and US
FintechOS, which builds automated financial technology software solutions, has raised €12.7m ($14m) in Series A funding.
ServiceNow acquires conversational AI platform Passage AI to boost language support
Cloud-based platform ServiceNow has acquired conversational AI platform Passage AI, for an undisclosed amount.
QRails bags $8m in Series A with plans to open an office in Sydney
QRails, a cloud-based payments processor, has netted $8m in its Series A round led by EFM Asset Management.
API developer YAP said to close $4.5m Series A
YAP, a banking and payments application programming interface (API) platform, has reportedly $4.5m in its Series A round.
Cutover scores $17m in its Series A round
Cutover, a work orchestration platform to improve operational resilience, has received $17m in its Series A round from Barclays and Index Ventures.
Axiata Digital receives $70m in funding to support the expansion of its digital financial...
Axiata Digital, the digital service division of telecommunications conglomerate Axiata Group, has received $70m in funding to support the growth of its digital financial services.
How digital platforms are helping banks compete with challenger banks
Digital banking platforms will help banks to deploy technology quicker and more cost effectively, helping them better compete with challenger banks, according to a new blog post from Nucoro.
CloudMargin collects $15m in its Series B to support US and Asia growth
CloudMargin, a provider of collateral and margin management tools, has collected $15m in its Series B round.
nCino and ThinCats take their relationship to the next level
Having already established a partnership to assist with Covid-19 challenges, cloud banking company nCino and alternative mid-sized business lender ThinCats are now expanding their collaboration further.
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