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soCash extends services to ICBC customers in Singapore

03 July 2019

FINTECH soCash has tied up with ICBC (Industrial and Commercial Bank of China) Singapore to extend its services to ICBC customers, enabling them to perform basic banking services like cash withdrawal from neighbourhood shops using the soCash app. It adds ICBC to a list of partner banks that already includes DBS, POSB and Standard Chartered. […]

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InstaRem partners with the ROOT Academy

02 July 2019

Mumbai: InstaReM, a leading digital cross-border money transfer & payments service provider with presence across Southeast Asia, Europe and the Americas, has announced a partnership with The Root Academy (R66T Academy), the cricket coaching academy founded by the family of the England test cricket captain, Joe Root. The partnership – which is being announced as […]

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Instarem seeks banking licence in Singapore

Singapore cross-border payments start-up, Instarem, is preparing to apply for a digital banking licence in the city state, and are currently seeking banking partners to achieve this. According to Bloomberg, the Monetary Authority of Singapore (MAS) will grant as many as two digital full-bank licenses and up to three digital wholesale bank licenses. Singapore Telecommunications, […]

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Instarem to deliver cross border payment with Kbank

29 May 2019

Thailand’s KASIKORNBANK (KBank) has chosen InstaReM to power cross-border payments for the bank’s clients across select markets. KBank clients will be able to realize faster turnarounds, while providing certainty on delivery times and payout amounts. Silawat Santivisat, Senior Executive Vice President of KASIKORNBANK, said, “This is an important partnership for KBank at an exciting stage […]

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Glowroad raises $11.5mil

Bengaluru-based social commerce startup GlowRoad has raised $11.5 Mn in a Series B+ funding round. Talking to Inc42, Kunal Sinha, co-founder and CEO, GlowRoad said South Korea-based Korea Investment Partners (KIP) and Singapore-based Vertex Ventures are part of the investment. The company had recently raised $10 Mn in Series B from Accel Partners and CDH […]

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Tickled Media: The Tickled Effect

15 May 2019

In just a decade, Roshni Mahtani, has achieved what many can only dream of – a successful tech media company that is taking a leap into the world of e-commerce. Starting off as a platform for parents to talk about ‘real’ parental issues and not mundane discussions on blues and pinks, she has now set […]

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Patent database could hold secrets to future of mobility

Keeping abreast of industry trends is vital to ensure that precious time and money is spent wisely. If new technologies and business models are snapped up by the competition, it could also result in companies being left behind. While the automotive industry has long used traditional market intelligence to forecast where things are headed, intellectual […]

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SoCash turns shops into cheaper ATMs

BANKS in Singapore spend about US$200 million a year on ATM maintenance, logistics, insurance, counting and cleaning cash, and a host of other expenses just to maintain circulation of physical cash, estimates Singapore startup SoCash. Singapore-based fintech startup soCash has received a government grant of an undisclosed sum from Singapore’s central bank, the Monetary Authority of Singapore (MAS). […]

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HappyFresh bags $20m in Series C round

22 April 2019

Indonesia-based online grocery platform HappyFresh raised US$20 million in a series C round led by South Korea’s Mirae Asset-Naver Growth Fund. The startup, founded in 2015, plans to use the fresh capital to expand further across Southeast Asia. It will also invest in developing its technology as well as scaling its data science and omnichannel tech teams. […]

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