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Tag: sovereign wealth fund

Singapore Gulf Bank Secures Funding From Bahrain’s Sovereign Wealth Fund – Fintech Singapore

Bahrain’s sovereign wealth fund Mumtalakat announced an investment in Singapore Gulf Bank (SGB), a new digital bank founded by Whampoa Group. This investment will support...

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China Stock Crash: Commodity Currency Impacts – Orbex Forex Trading Blog

The China stock market has lost over $7 trillion in value in the last year, a shocking amount even for the second largest economy...

Temasek Divests Entire Stake in PolicyBazaar’s Parent Firm for US$292M – Fintech Singapore

by Fintech News Singapore February 5, 2024 Singapore’s sovereign wealth fund Temasek has offloaded its entire holdings in PB Fintech, the parent company behind insurance broker...

Indonesia P2P lender Investree in liquidity crisis

As Indonesian authorities work to raise standards in the country’s booming peer-to-peer lending industry, it is inevitable that smaller and weaker players will be...

Magic Leap Gets Half-billion Dollar Boost Ahead of Vision Pro Launch

Saudi Arabia has recently injected more than half a billion dollars into augmented reality company Magic Leap, which it hopes will rival Apple’s Vision...

Bahrain Will Reportedly Take Full Control Of McLaren

McLaren could soon have a new owner. A new report says that an announcement could come as soon as this week revealing Bahrain’s sovereign...

New, futuristic ‘blockchain cities’ are just castles in the air

The majority of these city projects are using blockchain and cryptocurrencies as...

Copenhagen-based Performativ secures €5.5 million to transform Europe’s wealth management sector | EU-Startups

Performativ, a Danish leader in wealth management technology, has secured a €5.5 million seed investment led by FinTech Collective. This investment will supercharge Performativ’s...

ACX Reveals Major Trades on Historic Carbon Credit Exchange in ADGM

AirCarbon Exchange (ACX) revealed that its exchange and clearing house in Abu Dhabi Global Market (ADGM), became live. The carbon exchange also announced that...

Hyundai Building New Plant In Saudi Arabia For Combustion, Electric Vehicles

Hyundai and the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, have unveiled their joint endeavor to build an advanced automotive manufacturing facility...

Former Fugee seeks new trial over AI-made legal arguments

Former Fugee, Prakazrel "Pras" Michel, who was convicted of criminal conspiracy charges over attempts to influence the administrations of two US presidents, wants a...

Why GIC ditched Vista

One scoop to start: Linda Yaccarino is next week planning to meet the seven banks that helped bankroll Elon Musk’s takeover of X, formerly...

500 Global Closes US$143 Million to Support Southeast Asian Founders – Fintech Singapore

Venture capital firm 500 Global has closed US$143 million in funding for its new early-stage and growth vehicles to support founders in Southeast Asia...

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