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This Week in Fintech: TFT Bi-Weekly News Roundup 08/08

The Fintech Times

Funding and investments Casap , a US-based AI-powered disputes automation and fraud prevention platform, has raised $25million in Series A funding led by Emergence Capital, with participation from Lightspeed Venture Partners, Primary Venture Partners and SoFi. million daily transactions and 11 million monthly active users.

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Less Than 1 in 10 Firms Are Fully Prepared for MiCA With 25% Having Made No Preparations

The Fintech Times

MiCA represents one of the first comprehensive regulatory frameworks for crypto trading to be developed in a major financial jurisdiction, and its adoption will increase requirements for market participants in a range of areas. The EUR denominated stablecoin EURT, will be delisted in advance of the June 30 deadline.

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Magnify Cash Launches DeFi Protocol and Announces $MAG Token Fair Launch

Fintech Review

Users can now leverage NFTs and tokenized real-world assets such as art, real estate, bonds, and luxury goods as collateral, unlocking liquidity without the need to liquidate these valuable assets. This equitable approach encourages broad participation and fosters a strong, engaged community.

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7 Prominent Fintech Investors in Singapore Backing The Ecosystem

Fintech News

For this list, we’ve used data from Tech in Asia, Dealroom and companies’ announcements, focusing on the most prolific fintech investors in Singapore and showcasing their participation in the local scene. Tech in Asia ranks Antler as the most active investor in Singapore, having participated in 66 deals in the past 24 months.

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FASB Adopts Changes to Accounting and Disclosure Standards for Digital Assets

Global Fintech & Digital Assets

However, non-fungible tokens (NFTs) and possibly stablecoins and governance tokens appear not to fall within the Update. 2] Defined as “[t]he price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.” [3] See [link]. [2]

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29 Fintech Leaders Make Forbes 30 Under 30 Asia List This Year

Fintech News

Yeshu Agarwal, 29, Co-Founder and CTO, Transak, India Yeshu Agarwal is the co-founder and CTO of Transak, a web3 payment gateway that simplifies the buying and selling of cryptocurrencies and non-fungible tokens (NFTs). Notable investments include North, Piction Health, Dost, and Textla.com. Founded in 2022, the startup secured US$3.8