Singapore to link up with Malaysia on cross-border payment transfers

Singapore will next link up its national real-time payment system, PayNow, to Malaysia's equivalent infrastructure DuitNow, just weeks after announcing similar plans with India. The latest tieup will enable residents in the two neighbouring nations to make fund transfers via their mobile numbers. The Monetary Authority of Singapore (MAS) and...
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Swan raises $18.7 million to provide embedded banking services

Embedded finance has been an important trend for the past few years in fintech. Companies that operate in this space provide financial services to other companies. Those clients act as a distribution channel for financial services with the embedded finance company acting as the backbone for all things finance. This...
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Fintech Focus For September 28, 2021

Quote To Start The Day: “The safest way to double your money is to fold it over and put it in your pocket.”. One Big Thing In Fintech: Virgin Money has called on brokers to be more open to financial technology as it admitted engaging brokers with its own new tech has been tricky.
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Morrison & Foerster snags fintech leader from Reed Smith

(Reuters) - Morrison & Foerster said Monday that it has brought on Jeff Silberman, who most recently co-chaired Reed Smith's global fintech practice, to help expand its fintech and financial services offerings. Silberman joins Morrison & Foerster’s New York office as a partner, specializing in banking and fintech partnerships, app-based...

Nigeria's Central Bank Preps for Launch of eNaira Digital Currency

The official website of the Central Bank of Nigeria (CBN) digital currency is live, Nigerian publication THISDAY reported. Called the eNaira, the currency is slated to launch in a week. The site had more than 1 million hits in 24 hours, according to stats from the report, showing how much interest there is in the digital currency, the report stated.

CoinAgenda Europe Gathers Blockchain Leaders for Sept 27-29 Monaco event

Speakers include Chairman at DLTx ASA James Haft; Head of Institutional Capital at Polygon Dean Thomas; Founder of Arcade Digital Christoph Ebell; CEO at EQIFI Brad Yasar; and Founding Partner at Blufolio AG James Dougall. MONACO, September 27 — CoinAgenda (, the premier global conference series connecting blockchain and cryptocurrency...

Former JFD Group CEO Lars Gottwik Founds Fintech Startup Tradants

Lars Gottwik, former CEO and Co-Founder of multi-asset brokerage JFD Group, has officialized his next step in his professional career, as he has founded TRADANTS GmbH, a fintech financial startup. He also became the Chief Executive Officer of the firm. As Finance Magnates reported in April, Gottwik announced his departure...

Airwallex, Stake Team on Cross-Border Payments

FinTech company Airwallex has announced that it will be used by Australia-based digital brokerage Stake as a cross-border payments and foreign exchange (FX) partner, according to a press release. Airwallex was chosen because its tech platform will allow Stake to receive, convert and pay out funds in various currencies, the...

Rockefeller Capital Management L.P. Purchases 761 Shares of Global X FinTech ETF (NASDAQ:FINX)

Rockefeller Capital Management L.P. boosted its position in shares of Global X FinTech ETF (NASDAQ:FINX) by 33.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,064 shares of the company’s stock after buying an additional 761 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Global X FinTech ETF were worth $146,000 as of its most recent filing with the Securities & Exchange Commission.

AGMH.O Announces Strategic Partnership With HighSharp, Makes Six-Month Commitment To Breaking $100M Sales Mark

Strategic partnership will enable AGMH.O hit the $100 million mark in sales within six months. China, September 27, 2021 – AGM Group Holdings Inc. (“AGMH”) (NASDAQ: AGMH), an integrated technology company focusing on high-performance chip solutions, computing equipment, and fintech software services, announced that it entered into a six-month strategic cooperation agreement with HighSharp (Shenzhen Gaorui) Electronic Technology Co., Ltd (“HighSharp”), a renowned fabless integrated circuit designer that provides advanced semiconductor solutions for supercomputing hardware.

Get Ready! Crypto.People.DeFi Opens Registration for Its Dubai Event in October

The world is moving fast towards to new economy, where the digital blockchain-based products are merged with traditional financial instruments. There is no better time to explore this ongoing transition we are in at exclusive event Crypto.People.DeFi, which is taking place on October 23rd in Dubai. Crypto.People.DeFi is the first...

Launchpad TG DAO 3.0 Has Announced Its Launch and Is Preparing for a Private Token Sale Round

Launchpad TG DAO 3.0, a part of the decentralized autonomous organization (DAO) TG Ecosystem, has announced that it is launching its platform and is preparing for a private round of TGDAO token sales. The TG DAO 3.0 platform offers a full range of services for the development and launching of blockchain projects and startups from the real economic sector. Launchpad TG DAO 3.0 offers, in particular, services such as acceleration, legal support, and packaging of start-ups, as well as attracting investments for further development.

MoFo Takes Reed Smith Fintech Leaders as the Industry Booms

Morrison & Foerster has hired away Jeff Silberman from Reed Smith. Silberman's practice is focused on representing emerging fintech companies. Greenberg Traurig and Stradley Ronon Stevens & Young have also recently added to their fintech ranks. Reed Smith’s global co-chair of fintech, Jeff Silberman, has joined Morrison & Foerster as...