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OCBC GENesis is an invitation-only programme that builds on the legacy of Bank of Singapore’s next-generation programme, which has been running since 2012. The OCBC GENesis programme was initially piloted in 2019 for premier Singapore customers and has now been officially launched, including participants from Malaysia.
Argentex clients further benefit from the ability to pay in and out of ring-fenced accounts and hedge their exposure using a wide variety of financial products. With more than 5,500 corporate and institutional clients, Argentex has transacted more than $200 billion for its clients since 2012.
This latest expansion — Amazon’s most extensive in Brazil since its 2012 opening — will generate 1,500 jobs and add an additional 807,000 square feet of distribution space. It will feature more than 150 million products from Swedish merchants across 30 categories. . The new eCommerce site, Amazon.se, is just for Swedish shoppers.
The technology supports Mastercard’s multi-currency card, and provides an infrastructure that accelerates time-to-market and deployment of new products and services. Participating in the round were HongShan, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital.
Every year since 2012, Southeast Asian startups have pulled in more and more money. Participants included Japan’s SoftBank Group, Chinese ride-hailing startup Didi Chuxing, and Toyota Motor Corporation. Top Rounds in Southeast Asian Tech (2012 – 2017 YTD (9/13/2017). SOUTHEAST ASIA FINANCING TRENDS. Amount ($M).
The California-based financial services company, founded in 2012, works to build products to power digital finance and FinTech issues through its own data transfer network. The payments giant also participated in a funding round in 2018 that helped value Plaid at $2.6 Early in 2020, Visa pledged to buy Plaid for $5.3
Bain Capital Tech Opportunities, Fin Capital, and Liquidity Capital also participated in the investment. The round was led by Sixth Street Growth and featured participation from Bain Capital Tech Opportunities, Fin Capital, and Liquidity Capital. . ” This spring, SumUp launched its multi-product subscription offering, SumUp One.
Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. million Series B venture funding round led by Rakuten Ventures with participation from SPH Media Fund, Enspire Capital and WI Harper Group.
As Singapore’s fintech industry continues to gain international recognition, several major fintech events and conferences are being held each year in the city-state, attracting thousands of participants and investors from around the world.
This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally started trying in 2012, but was not successful. Amazon’s new platform will give brands complete control over how the online space looks and feels, and what products they decide to sell.
There is a growing chorus of voices that eschew credit as a “dangerous trap” that lures consumers into spending more than they can afford, in part, they say, because credit products are designed to make repayment expensive and therefore difficult. That’s what credit products can do at their best.
growth rate in 2024, amid China’s subdued dynamics and diminished productivity elsewhere across APAC contributing to this bleaker forecast for the fastest-growing fintech companies. It employs a data-based approach to offer financial products and services to the unbanked and underbanked segments of the population. #5
In every year since 2012, corporate VCs have engaged in escalating levels of investment activity to artificial intelligence startups. The trend is poised to reach an all-time high in 2017: in the first half of this year, the venture capital arms of corporations participated in $1.8B Auto Tech AI. Company: NIO. in total funding.
Headquartered in Munich and founded in 2012 by Adrian Renner, Andreas Fruth and Gerhard Trautmann, GSG aims to change the way people buy goods online, while also transforming how merchants sell and digital content producers earn. “Our The deal makes GSG the largest rewards, savings and shopping content platform in Europe.”.
The app has won multiple awards since it was released in 2012. To serve those core areas, Fuse creates products, services, and tools that help solve complex healthcare problems and anticipate future healthcare trends. Key people: Andy Miller, SVP Innovation and Product Development. Cardinal Health — Fuse. Founded: 2014.
Bain Capital Tech Opportunities, Fin Capital, and Liquidity Capital also participated in that financing. “This new financing will support us as we focus on providing best-in-class support experiences for our merchants and giving them the products and tools they need to succeed.”
With 355 million gamers contributing to an expected US$14 billion market in 2024, LatAm is emerging as a major growth region for global gaming companies, presenting considerable opportunities for Asia-Pacific (APAC) firms, according to Eduardo de Abreu, Vice President of Product at EBANX, a leader in localized payment solutions.
It says it currently has around 20 different financial solutions in the pipeline, and plans to use the proceeds from its latest fundraising to expand its lending products to “more segments of the Filipino new economy”. Roojai is currently focusing on expanding its success in motor insurance across non-motor products.
Participants can get discounts, credits or even donate earnings to nonprofits or charities. Since 2012, Google Play has been a one-stop shop to find and enjoy apps, games, movies, TV shows, and books,” said Winston Mok, product manager for Play Points.
For 73 percent of Americans, participating in the digital economy is as easy as securing internet access and entering their relevant credit, debit or bank account numbers with the merchants and service providers they want to buy from and setting up their mobile banking app. percent of the gross domestic product. Cash usage in the U.S.
Participants can get discounts, credits or even donate earnings to nonprofits or charities. Since 2012, Google Play has been a one-stop shop to find and enjoy apps, games, movies, TV shows, and books,” said Winston Mok, product manager for Play Points.
The Australian company revealed it raised $13 million in Series A funding from Chinese internet company Tencent, while Mastercard and Sequoia Capital also participated. China Creation Ventures led the investment, while Lingfen Capital and angel investors YunQi Partners also participated, the company said. YL Ventures.
AvidXchange , a fintech startup that automates invoicing and payment processing for midsize companies, aims to use its Q2’17 funding round to enhance its SaaS product offering and expand into new markets. Select Investors: CDPQ, MasterCard Worldwide, Peter Thiel, Temasek Holdings. Clover Health. Valuation: $1.2B.
The company’s strategy also includes a deference to developers, and a focus on directly serving developers who build websites and applications using Stripe’s product. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. Expanding product suites: Stripe vs. Square.
It says it currently has around 20 different financial solutions in the pipeline, and plans to use the proceeds from its latest fundraising to expand its lending products to “more segments of the Filipino new economy”. Roojai is currently focusing on expanding its success in motor insurance across non-motor products.
The products are, of course, but the industry itself – particularly the segment of the market dedicated to the delivery of fresh-cut flowers – does not have a particularly inspiring environmental record. Since its founding in 2012, Bouqs has been a wholly digital enterprise.
International FinTech company EBANX and Visa said they have grown their strategic partnership sealed by a participation agreement in Visa's Money Transfer Merchant Program inked with Visa do Basil, according to a Thursday (Sept. The product is meant to solidify the company’s reach in the payments market of Brazil per news at the time.
To determine the best banks of 2024 from Asia and elsewhere, participants assessed banks where they currently have or had a checking or savings account within the past three years, or were familiar with through family or friends. Commercial Banking offers a range of banking products and services.
Series B financing round with CommerzVentures and Visa, as well as existing investors Speedinvest and Finparx participating in this round. Founded in 2012, Payworks offers a variety of omnichannel payment providers a next-generation payment gateway technology, operated in the cloud and provided in a Software-as-a-Service model.
CEO Tayo Oviosu announced at Disrupt San Francisco, according to reports , that the company is planning to release its payments product in Ethiopia, Mexico and the Philippines as it plans to compete with heavy hitters, such as PayPal , Alipay and Safaricom’s M-Pesa. “We
Described by one recent report as “a giant roll of toilet paper that purports to last up to one month,” the product supposedly is designed to appeal to consumers who live by themselves, millennials or not. billion as shoppers clamored to get steep discounts on all sorts of products. Big Growth.
Observant fans of handmade bath and beauty products and cosmetics who shopped at Lush last week may have noticed something a little different in their shopping journey. Because last week, Lush employees weren’t only selling all-natural products — they were also matching the goods on offer and selling them au naturel.
percent of financial institutions are focused on new products, according to the PYMNTS Bank Innovation Readiness Index. Lyft , Care.com and goPanache all already are participants in the program. banks by assets have made 81 deals with FinTech companies since 2012 — and more than $4 billion in funding. About a third — or 33.2
In Q1’15, Wipro Ventures participated in a $5M Series A round to the company. In Q1’16, Wipro Ventures participated in a $4M Series A to Altizon Systems , which focuses on industrial IoT devices and device management. Tricentis automates changes in testing scripts. Data management: This was another popular theme for deals.
Omnicommerce was supposed to make everything simpler — from maintaining inventory to ensuring access to the right product at the right time for the consumer. Multi-channel retailing was supposed to solve the problems of retail’s past.
Portfolio companies benefit from the collective power of deep-rooted networks and extensive knowledge in business strategy, product development, and fundraising. Since 2012, the firm has backed more than 210 companies in the region, with over US$450 million in total committed capital. These investments have generated overUS $2.2
The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments. Specific terms of the acquisition were not disclosed.
Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The company is known as the “lending club of China.”
Existing investors Flashpoint and Addventure also participated in the funding. The crowdsourced service was founded in 2012 by Mike Alexandrovski and now operates in 11 countries: Brazil, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Russia, Thailand, Turkey and Vietnam. That’s a problem, and one we intend to solve.”.
The financing was co-led by WI Harper Group and Idea Bulb Ventures and includes participation from Learn Capital, Charles River Ventures, Madrona Venture Group and TCL. Wonder Workshop has sold more than 7,000 toy robots to elementary schools around the world since its founding in 2012. Wonder Workshop had previously raised $15.9
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This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally tried in 2012, but was not successful. Amazon’s new platform will give brands complete control over the look and feel of their online spaces and which products they sell. Part of the problem is the eCommerce brand’s image.
As of 2017, tech startups in Southeast Asia have pulled in $5B — the most funding that the country has pulled in since 2012. This total was pulled up by a few mega-funding rounds, including Singapore-based ride-hailing startup Grab’s $2B Series G round closed in July. in funding. Expedia contributed $350M.
“Launched in 2012, the UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI) acts as a framework for the industry to tackle ESG risks and opportunities. The Paratus Group’s purpose is to facilitate decarbonisation by accelerating the transition to renewable energy and sustainable fuels.
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