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Posts by month

April 2020

14 posts
  • Business
  • News

MICT muscles into Chinese fintech market

  • Neil Martin
  • April 30, 2020
  • No comments
MICT is hoping to tap the Chinese fintech market with the acquisition, for $26m, of a proprietary trading technology platform which is designed, it hopes, to serve a large number…
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  • 1 min
  • Business
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Visa backs Neat

  • Neil Martin
  • April 30, 2020
  • No comments
Visa was amongst a number of backers who have just shelled out some money for Neat. Neat, which describes itself as a fintech alternative to banks, raised US$11m in Series…
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  • 2 min
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Rapyd offers most payout methods in Asia

  • Neil Martin
  • April 30, 2020
  • No comments
Rapyd now claims to offer more payout methods in Asia than any other payout platform.  It comes at a time when the global disbursement market is expanding quickly worldwide, notably…
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  • 2 min
  • News
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NIUM offers funds pathway into China

  • Neil Martin
  • April 30, 2020
  • No comments
Customers of Singapore-based fintech NIUM will now be able to send funds directly to a receiver’s UnionPay card account with 14 Chinese banks in real-time and another 50 banks within…
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  • 2 min
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APAC B2B payments market to double despite risk and concerns

  • Neil Martin
  • April 30, 2020
  • No comments
Despite geopolitical risk for cross-border B2B payments and security concerns over digital payment methods, revenue from the Asia-Pacific (APAC) B2B payments market is estimated to double, reaching $1,356.28bn by 2025…
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  • 1 min
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Pintect sets dial to warp factor six

  • Neil Martin
  • April 27, 2020
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Pintec is a fast-growing APAC fintech. You might not have known that, had it not been for the 2020 update of the FinTech Fast 101 research, released by IDC Financial…
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  • 1 min
  • Business
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Cross River Bank sets sights on Asia

  • Neil Martin
  • April 24, 2020
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Shefa Capital has partnered with V Capital Investments to lead the Series C PRE IPO US$100m investment in Cross River Bank (CRB). The deal was announced in Kuala Lumpur, Malaysia,…
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  • 2 min
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Global shift to digital is imminent says Airwallex boss

  • Neil Martin
  • April 22, 2020
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In sentiment that will resonate with all fintechs, the CEO of Airwallex has said that the global shift to digital is imminent.  Jack Zhang, CEO and Co-founder of Airwallex, was…
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  • 2 min
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Three super deals save VCs blushes in Asia

  • Neil Martin
  • April 21, 2020
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Three huge VC investments saved the day as deal flow in Asia ebbed to a 12-quarter low in Q1 2020.  The figure of $16.5bn was buoyed by three super deals:…
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  • 2 min
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Visa and Global Brain back Railsbank

  • Neil Martin
  • April 10, 2020
  • No comments
Visa and Global Brain have both made investments in Railsbank. The payments giant and Japanese based VC join existing investors Moneta Capital, CreditEase, Clocktower Technology Ventures, Singapore Life and Firestartr.…
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