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Tag: US$100 million

500 Global and Alberta Innovates Unveil Batch 4 of the Alberta Accelerator by 500 as Ecosystem Momentum Builds in the Region

Twenty early-stage startups will present their innovations to a live audience on October 5, 2023 joining 41 other companies that have graduated CALGARY, Alberta–(BUSINESS WIRE)–Alberta...

Bitcoin, Ether continue to slide; altcoins under pressure

Bitcoin rose slightly on Tuesday afternoon in Asia but remained below the support level of US$26,000. Ether traded below US$1,600, with XRP leading losses...

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...

DeFi revenue remains resilient despite Curve Finance hack

Decentralized finance (DeFi) services revenue is rising, despite the recent US$73 million hack on Curve Finance, a stablecoin-focused decentralized exchange (DEX) and lending protocol.Over...

Tornado Cash founders charged with money laundering crypto, including proceeds from North Korean heists

Tornado Cash co-founders Roman Storm and Roman Semenov have been charged with money laundering, sanctions violations and operating an unlicensed money transfer business, the...

9 Fintech Firms from Southeast Asia Make CNBC’s 2023 Top 200 Fintech Leaderboard – Fintech Singapore

Nine fintech companies headquartered in Southeast Asia were named among the world’s top 200 fintech businesses, recognized by business media outlet CNBC and independent...

Global Fintech Funding Falls to Six-Year Low – Fintech Singapore

Global fintech funding hit its lowest level since 2017, totaling US$7.8 billion in Q2 2023 through 845 rounds, new data released by market intelligence...

Opportunities Lie Ahead for Swiss Fintech Startups in Vietnam – Fintech Singapore

In Vietnam, rising demand for digital financial solutions, supportive policies and government initiatives to nurture fintech innovation are providing tremendous opportunities which Swiss fintech...

Tyme Pulls in US$77.8 Million for Ongoing Pre-series C Raise – Fintech Singapore

Tyme, a multi-country digital banking group headquartered in Singapore, has secured funding from two new shareholders – Africa-focused tech growth fund Norrsken22 and global...

Temasek denies investment in algorithmic crypto developer Array

Temasek, Singapore’s state-owned investment firm, has denied that it invested in Array, an algorithmic cryptocurrency developer.See related article: Singapore’s Temasek says doesn’t own Bitcoin,...

Bitget crypto exchange still hiring, eyes Hong Kong license, to rebrand BitKeep wallet

The Bitget cryptocurrency exchange, which started up in 2018 and says it now has more than 8 million users in 100 countries, last month...

Fintech and Insurtech Pocketed Most Funding in Southeast Asia This Quarter

Fintech and insurtech were among the tech segments in Southeast Asia that received the highest investments in this quarter, according to a report by...

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