Singapore Blockchain Accelerator Tribe Accelerator Secures US$15.7 Million Funding for Raising Blockchain Technology
Singapore’s first government-backed blockchain accelerator, Tribe Accelerator, announced recently that it had raised US$15.7 million in funds for the purpose of boosting blockchain technology among its participating startups and partners as part of an initiative to spearhead innovation and growth of the blockchain ecosystem across the region of Southeast Asia….Continue Reading
HSBC to Use Blockchain-powered Custody Platform to Manage US$20 Billion Worth of Assets
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
Thailand Looking To Adopt Blockchain-based Tax Refund System To Combat VAT Fraud in Oil Exports
Thailand’s excise department is currently collaborating with Krungthai Bank (KTB) to establish a blockchain-based tax refund system that will streamline the entire process while helping the department to combat value-added tax (VAT) evasion, which is currently difficult to monitor and prevent due to the legacy paper-based documentation system. The tax…Continue Reading
Payment Services Startup 2C2P Secures US$52 Million in New Funding From IFC, Arbor Ventures and Cento Ventures
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
Philippine Startups Get a Boost As Singapore-based BCB Blockchain Signs MOA With Philippine’s Government
According to a recent announcement by Building Cities Beyond (BCB) Blockchain, a Singapore-headquartered blockchain technology company that claims to be the leading blockchain protocol provider for the development of smart cities solutions, the firm has signed a memorandum of agreement (MOA) with the Philippine Council for Industry, Energy and Emerging…Continue Reading
Singapore’s Tribe Accelerator Joins Forces With Tezos Southeast Asia to Launch Official Tezos Blockchain Training Program
At the recently-held Singapore Fintech Festival 2019, Tezos Southeast Asia (TSA) made the announcement that they had combined forces with Tribe Accelerator, Singapore’s first government-backed blockchain accelerator, to launch the first ever official Tezos blockchain training program in Southeast Asia to train and support blockchain developers creating applications and solutions…Continue Reading
Singapore-based Healthtech Startup Lucence Raises US$20 Million in IHH Healthcare-led Series A Funding Round
Singapore-headquartered healthtech company Lucence announced on Wednesday that it had successfully secured US$20 million in a IHH Healthcare-led funding round. Besides IHH Healthcare – Asia’s largest private healthcare provider with a focus on upmarket health services – other participants of the startup’s Series A funding round include Singapore government-owned investment…Continue Reading
Vietnam-based E-commerce Startup Sendo Secures US$61 Million in Series C Funding Round
Vietnam-based e-commerce startup Sendo successfully closed a US$61 million Series C funding round which was just held recently, it announced. Participants of the aspiring unicorn’s Series C funding round, which raised the most amount of funds for the startup thus far, include such dignitaries as Softbank Venture Asia, SBI Group,…Continue Reading
Singapore-based Fintech Startup Coda Payments Secures US$20 Million in Apis Partners-led Funding Round
Coda Payments, a Singapore-based fintech startup, recently announced that it had successfully closed an Apis Partners-led funding round of US$20 million on Tuesday. As well, Toivo Annus – an angel investor that has backed Coda Payments – and Apis Partners, a financial services-focused private equity asset management company based in…Continue Reading
Singapore’s Blockchain-focused Tribe Accelerator Partners With IOV Labs to Bring Smart Contract Platform RSK Into the Country
Tribe Accelerator, Singapore’s first blockchain accelerator to receive government support and backing, recently formed a partnership with IOV Labs – formerly known as RIF Labs – an Argentina-based technology company that developed RSK, the world’s first bitcoin secured smart contract platform, and its complementary peer-to-peer solutions platform RSK Infrastructure Framework…Continue Reading