FinTech

ARA Asset Management, JL Family Office, and Minterest Holdings announced on Monday that Minterest has successfully launched its second real estate investment product on Friday.

Braun disposed of 5.5 million shares on Thursday and Friday, according to regulatory filings, confirming an earlier Bloomberg News report. That leaves him with a 3% stake valued at roughly US$60 million.

Wirecard AG’s former chief executive officer was detained by Munich prosecutors as the scandal over 1.9 billion euros (S$2.99 billion) that went missing prompted probes into suspected market manipulation and false accounting.

Yoma Strategic announced on Wednesday that it was establishing a new company, Yoma MFS Holdings (Wave Holdco), to increase its existing stake and take a controlling interest in Digital Money Myanmar Limited (Wave Money).

In many ways, this is considered the first major test for Malaysia’s robo-adviser industry, which was introduced in the country about two years ago. There are currently three players operating in the market — StashAway Malaysia, MYTHEO and Wahed Invest.

MAS launches a $125 mil support package to help local financial institutions and fintech firms

The ASEAN Financial Innovation Network was set up to facilitate innovation and collaboration between financial institutions and fintechs, in order to digitally transform the financial sector and enhance financial inclusion.

Players gear up for new digital bank licences in 2020

(Dec 13): Earlier this month, Jack Dorsey, co-founder and CEO of financial technology, or fintech, giant Square triggered quite a kerfuffle when he announced that he would take three to six months’ leave travelling across Africa next year. Dorsey, who r