Latest: Fintech News
Funding comes just weeks after Monzo fetched a valuation of $4.5 billion
The global technology and gadget show will now end on January 7
Competition Commission of India says US tech giant has a case to answer over its 30% in-app fee which opponents say is a barrier to market entry
FinTech Acquisition Corp V said it amended terms of merger with the Israeli online brokerage, cutting its valuation to $8.8 billion from $10.4 billion
HSBC said it would continue to invest in its insurance business in mainland China, including in its Pinnacle personal financial planning unit
The latest problem resulted from an error in system settings and affected automated teller machine and online banking operations for about an hour on Thursday afternoon
Women who assembled iPhones at a Foxconn plant in southern India say they had to endure crowded dorms without flush toilets and food sometimes crawling with worms
SK Hynix will pay $7 billion out of the deal's total $9 billion price tag, the world's second-largest memory chip maker said in a statement
Chinese artificial intelligence start-up raised $740 million in its IPO and priced shares at HK$3.85 each at the bottom of the range flagged
Creditors representing more than 90% of outstanding claims voted in favour of the draft restructuring proposal at an investors' meeting on Wednesday, Unigroup said in a statement
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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Fintech: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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