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In Singapore’s dynamic e-commerce landscape, payment cards reign supreme, commanding over 40% of the market share for online transactions in 2023. As consumers increasingly pivot “towards digital channels, the country’s e-commerce market is expected to register a robust 13% growth in 2024 to reach SGD22.3... Read More
Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced that its Dubai entity, CRO DAX Middle East FZE, has “received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA)... Read More
Chinese investment in Australia fell 36 percent to AU$1.34 billion in 2023, compared to AU$2.1 billion in 2022, with healthcare overtaking mining as the key industry. It was the second lowest year in investment value “since 2006, and the joint-lowest year in number of investment... Read More
The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, “topped $2.1 trillion globally last year in assets and committed capital,” according to an update shared by the International Monetary Fund (IMF). About three-quarters of this was... Read More
Trumid is reporting the latest March performance and Q1 2024 trading highlights. Trumid, an electronic bond trading platform, has shared its monthly and quarterly activity in a new blog post. Trumid, a financial technology company and fixed income electronic trading platform, reveals its latest trade... Read More
Talos, a provider of institutional trading technology for digital assets, announced its integration with Coinbase Derivatives, LLC, a futures exchange registered with the Commodity Futures Trading Commission (CFTC), “expanding the avenues available for a growing number of institutional investors seeking to gain exposure to digital... Read More
Luxembourg-based Tokeny is expanding into Australia through a partnership with the SILC Group to tokenize real-world assets (RWA). The SLC Group is an alternative asset solutions provider that reports over $2 billion in assets under supervision. Tokeny will provide the tech stack to “upgrade alternative... Read More
New York-based Adro, a Fintech in the neobanking sector targeting international students etc., is reporting at $1.5 million pre-Seed funding round. According to a statement from the company, the funding round led by Era, with participation from Ex Nihilo Ventures and the Cornell Tech Syndicate.... Read More
Canada is becoming an increasingly viable landscape for investment activity thanks to its favorable regulatory environment, a flourishing tech sector, and the country’s continued commitment to fostering entrepreneurship. As Apple (NASDAQ:AAPL) continues to ramp up its generative AI capabilities, the Silicon Valley giant has actively... Read More
There has been a decades-long trend of smaller banks getting hoovered up by larger banks in the US. Unlike some other countries, the US has thousands of banks—most of them small. But this has been changing as scale counts, and the need to invest and... Read More