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Finsight Breaking News

METACO Opens Singapore Office Amid Rising Digital Asset Demand from Financial Institutions in APAC

Blockchain & Crypto/Finsight Breaking News

METACO, the leading provider of security-critical software and infrastructure to the digital asset ecosystem, today announces the launch of its Asia Pacific headquarters in Singapore, with a strong team managed by newly

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Robo-advisory firm Betterment reaches unicorn valuation

October 3, 2021October 3, 2021
Decision Makers/Finsight Breaking News/Regtech

Robo advisor Betterment has reached a Unicorn-level valuation of $1.3 billion after securing $160 million in growth capital comprised of a $60 million Series F equity round and a $100 million credit

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Migrant remittance network TransferGo seals $50 million funding round

Decision Makers/Finsight Breaking News

London-based remittance outfit TransferGo has closed a $50 million Series C round led by Elbrus Capital and Black River Ventures. The firm connects 3.5m customers across 160 markets. Despite a challenging economic

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Siam Commercial Bank preps VC fund as it looks to become a regional fintech player

Decision Makers/Finsight Breaking News

Siam Commercial Bank (SCB) is joining forces with Thai conglomerate Charoen Pokphand (CP) Group to create a venture capital fund that will invest up to $800 million in areas such as blockchain,

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Persistence Partners with BridgeTower Capital to Offer Institutional Access to Liquid Staking

October 3, 2021October 3, 2021
Blockchain & Crypto/Finsight Breaking News

Singaporean Persistence, the multi-asset protocol focused on liquid staking, NFTs, and commodities, today announces that it has partnered with BridgeTower Capital, the global private equity firm focused on blockchain infrastructure and bridging

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Too Big to Fail? – Evergrande’s Financial Earthquake

September 30, 2021October 3, 2021
Finsight Opinion/Policy and Regulators/Regtech

Asia’s largest economy has witnessed a slap on its financial system in the past weeks. China’s real estate giant Evergrande, which is also a Fortune Global 500 company, is facing “unprecedented difficulties”

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SEBA Bank secures the first institutional licence to custody Collective Investment Schemes for Digital Assets in Switzerland

Decision Makers/Finsight Breaking News

SEBA Bank, a FINMA licensed Swiss Bank providing a seamless, secure, and easy-to-use bridge between digital and traditional assets, today announced that the bank has been granted a licence to act as

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Dmitrii Barbasura, CEO at Salt Edge: Open Banking API availability and usage has grown in 2021, but…

September 29, 2021September 29, 2021
Finsight Opinion/Finsight Voices/Policy and Regulators

We’ve just marked 2 years since PSD2 went into full power across Europe and in the UK, on September 14, 2019. This was a good occasion for us to reflect upon how

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Exclusive: China’s Crypto Ban -Transcription of the official Chinese note against Crypto

Blockchain & Crypto/Finsight Breaking News/Regtech

Finsight News publishes the transcription of the Chinese official statement on the crypto ban in both Chinese and English. China banned all crypto transactions and vowed to stop illegal crypto mining, delivering

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China to issue a nationwide ban on cryptocurrency mining

Blockchain & Crypto/Finsight Breaking News

China intensified a crackdown on cryptocurrency trading on Friday, vowing to root out “illegal” activity in trading of bitcoin and other virtual currencies and issuing a nationwide ban on cryptocurrency mining. China’s

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