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Video: NexChange Talks Big Data and Secret Soups with Scalend Technologies
FinTech, Video
NexChange’s Andrew Work talks to the founders of Scalend, Ravi Madhira and Srikanth Parthasarathy, at Startupbootcamp in Hong Kong 2017. Scalend enables businesses to find the known-knowns and the unknown-unknowns from the maze of data that they deal with through analytical platforms that have generated -- or saved -- millions of dollars. Transcript: NEXCHANGE: Hi, I'm Andrew Work from NexChange.
Morakot Technology: The Cambodian Startup Behind Microfinance Software
FinTech, Video
Andrew Work of NexChange talks to Sophorth Khuon, the CEO of Morakot Technology at Startupbootcamp in Hong Kong 2017. Morakot specialises in building core-banking systems for microfinance institutions and banks. It’s Morakot VB software supports full accounting, multi-branch and multi-currency systems. Transcript: NEXCHANGE: Hi, I'm Andrew Work from NexChange. We're at the Startupbootcamp demo day in Hong Kong, one of
Chinese P2P Lender Scores $220M Megaround
Dianrong, one of China’s largest P2P lenders, has reportedly bagged a $220 million Series D round, according to the SCMP. The round was led by Singapore’s sovereign wealth fund, GIC, and was participated in by several other heavies, including CMIG Leasing – a subsidiary of the China Minsheng Investment Group – and South Korea’s Simone Investment Managers. Founded in 2012
WannaCry Researcher Indicted for Banking Malware Involvement
US authorities detained Marcus Hutchins, also known under the online pseudonym MalwareTech, on Wednesday for charges relating to the Kronos banking malware distributed between July 2014 and 2015, reports Vice’s Motherboard. Hutchins was originally known for inadvertently halting the spread of the WannaCry ransomware virus, when he registered a domain name included in the virus’s code. Although Hutchins has now
Video: Why VCs Should Take a Look at Taiwan's CherryPay
FinTech, Video
Andrew Work from NexChange talks to Kate Wu and Tom Tang, respectively the CMO and CEO of CherryPay, at Startupbootcamp in Hong Kong 2017. CherryPay was founded in October, 2016 and allows users to transfer money to friends and family or pay daily expenses with just a few clicks. Transcript: NEXCHANGE: Hi, I'm Andrew Work from NexChange and we're at
Video: NexChange Talks Trading Platforms With Smart Trade
FinTech, Video
Andrew Work talks to Nianhui Song, the CEO of Smart Trade, and Guangzhen Li, the CMO based out of Tokyo, at Startupbootcamp 2017 in Hong Kong. SmartTrade provides the world's most advanced DIY asset management platform for you. Transcript: NEXCHANGE: Hi, I'm Andrew Work from NexChange. I'm down at the Startupbootcamp demo day in Hong Kong part of their four
Hong Kong's TNG Fintech Group Eyes $60M Series A
Hong Kong’s fintech startups haven’t really attracted as much funding as its Chinese and Singaporean counterparts. From the looks of things however, that’s starting to change. Bloomberg: TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person
Investment in Singaporean Fintech Surges More Than 200%
Total investments into Asian fintech may have dipped quarter-on-quarter, but over in the Lion City, things couldn’t be more different. The Straits Times, citing a report by KPMG, says that investments into Singapore-based fintech companies have more than tripled in the second quarter of the year. Q2’s number came in at a solid $61.5 million, even though it registered only
VC Bitcoin Fintech Deals Spike 100% in Q2
To say demand for Bitcoin fintech is heating up, would be a big understatement. At the beginning of July, payments processor Vantiv made an offer for UK-based Worldpay, which operates in the same sector. Vantiv soon found itself embroiled in a takeover battle with one of the world’s largest banks, JPMorgan Chase as it tried to bag Worldpay for itself.
A Breakdown of Initial Coin Offerings [Analysis]
Technological developments move very swiftly nowadays, but even compared to the typical rush, the surge in initial coin offerings (ICOs) has been remarkable. But almost as quickly, a corresponding boom in media coverage ranging from the critical to the purely analytical has followed. In the latest fintech research note from PitchBook, the ICO phenomenon is analyzed in depth, with its