Finance

Tonik Digital Bank, a Philippine subsidiary of Singapore-based fintech startup Tonik Financial, has secured regulatory approval from Bangko Sentral ng Pilipinas, which is the central bank of the Philippines, to operate financial services as the country’s first digital bank. The approval from Bangko Sentral ng Pilipinas will enable the neobanking…Continue Reading

HSBC, the multinational banking and financial services company that has total assets of US$2.5 trillion and is the largest bank in Europe, is looking to move nearly 40% of its private placements assets onto a blockchain-based platform called Digital Vault. The banking titan currently looks after US$50 billion worth of…Continue Reading

Pan-asian payments services startup 2C2P recently announced that they have successfully raised US$52 million from the World Bank Group’s International Finance Corporation (IFC), early stage venture capital firm Arbor Ventures and under-invested emerging digital markets-focused venture capital firm Cento Ventures. The newly acquired funds brings the total amount of investment…Continue Reading

Malaysia-based venture capital firm Vynn Capital forms partnership with Japan’s advisory and consulting company OPTI to facilitate the growth of collaborations and investments between the two regions. Based in Kuala Lumpur, the capital city of Malaysia, early stage venture capital firm VYnn Capital recently announced their strategic alliance with Japan’s…Continue Reading