Malaysian fintech startup Jirnexu closes $1.5M in Series A funding, lays out plans for Series B
Mar 23, 2017 06:57 am UTC| Fintech
Malaysian fintech company Jirnexu announced that it has closed Series A funding round with additional $1.5 million, following the $3 million that was raised in earlier in the round in H1 2016. Bringing to a total...
UN World Food Programme successfully tests blockchain for aid tracking
Mar 23, 2017 06:19 am UTC| Fintech
The United Nations World Food Programme (WFP) revealed earlier this month that it is testing blockchain potential to transform the fight against hunger. Blockchain technology, most famously associated with the...
Applied Blockchain, Block Ex, Juru selected for Innovate Finance’s Pitch360 fintech competition
Mar 23, 2017 04:58 am UTC| Digital Currency Fintech
Innovate Finance has announced the finalists for Pitch360, its first ever FinTech startup competition, which is scheduled to take place on day two of its Global Summit 2017 at Guildhall London on Tuesday, April...
CBA, Austrade sign collaboration agreement to foster fintech innovation in Australia and UK
Mar 22, 2017 12:47 pm UTC| Fintech
The Commonwealth Bank of Australia (CBA) announced that it has signed a new collaboration agreement with Austrade UK, in order to support the flow of fintech innovation between both Australia and UK. The agreement was...
German Deutsche Bank opens innovation lab in New York to help drive fintech
Mar 22, 2017 06:00 am UTC| Fintech
Deutsche Bank, a German global banking, and financial services company, announced that it has opened an innovation laboratory in New York City that makes its fourth, globally. The fintech innovation lab will explore new...
Fintech firm InvestCloud launches new solution for robo advisors and hybrid wealth managers
Mar 21, 2017 07:23 am UTC| Fintech
California-based fintech firm InvestCloud Inc has announced the launch of a new solution for Robo-Advisors and hybrid wealth managers, Emerald. In the official release, the firm said that Emerald will empower robo...
ASIC releases information sheet on blockchain technology
Mar 21, 2017 05:09 am UTC| Digital Currency Fintech
Australian Securities and Investment Commission (ASIC) has released an information sheet on distributed ledger technology (DLT) or blockchain technology outlining the regulatory considerations it has identified so...