FeaturedTechnologyDubai blockchain market to reach Dh437 mn in 5 yearsPritam BordoloiJanuary 27, 2020January 28, 2020 by Pritam BordoloiJanuary 27, 2020January 28, 2020 The growth rate of Dubai’s blockchain market in 2018 was higher than the global average of 19%... Read more
FeaturedTechnologySingapore to digitalise trade, to collaborate with multiple MNCsPritam BordoloiJanuary 23, 2020 by Pritam BordoloiJanuary 23, 2020 The Singaporean government is teaming up with MasterCard, StanChart, DBS Bank and others... Read more
FintechUOB’s private equity unit co-leads S$42.2 mn funding of Thai fintechBharath KumarJanuary 10, 2020 by Bharath KumarJanuary 10, 2020 UOB was among the top three investors in the funding round for Lightnet... Read more
BankingMastercard, SABB partner to enhance international paymentsInternational Finance DeskDecember 18, 2019 by International Finance DeskDecember 18, 2019 SABB customers can send money to more than 100 countries through Mastercard Send for Cross-Border... Read more
FintechSoftBank invests $100 mn in Mexican fintech KonfioInternational Finance DeskDecember 4, 2019January 7, 2020 by International Finance DeskDecember 4, 2019January 7, 2020 This is Softbank’s third investment in Mexico reflecting its interest to promote new technologies... Read more
FintechChina fintech OneConnect skips HK, to raise $100 mn in US IPOPritam BordoloiNovember 15, 2019 by Pritam BordoloiNovember 15, 2019 The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market... Read more
Asset ManagementSingapore’s Portal launches fund targeted at APac HNWIsInternational Finance DeskNovember 14, 2019 by International Finance DeskNovember 14, 2019 Portal Digital Fund operates on the basis of a fund-of-funds structure and aims to have $100 mn in funds in the future... Read more
Islamic FinanceWorld’s first blockchain sukuk: BMT Bina Ummah raises $50KInternational Finance DeskOctober 23, 2019 by International Finance DeskOctober 23, 2019 BMT Bina used the SmartSukuk platform introduced by Blossom Finance to fund micro-SMEs and entrepreneurs... Read more
BankingCIMB Singapore’s trade finance platform to generate $100 mnPritam BordoloiOctober 18, 2019 by Pritam BordoloiOctober 18, 2019 The bank completed its first trade financing transaction using IoT cargo sensors and blockchain... Read more
LogisticsMagazineSeptember-October 2019 IssueTechnology uptake drives African logistics innovationBharath KumarSeptember 23, 2019December 6, 2019 by Bharath KumarSeptember 23, 2019December 6, 2019 African logistics companies are driving innovation using drones, mobile phone apps, and blockchain... Read more