Mostly about cryptos and finance

fintech

On cryptos, blockchains, and finance

 

It happened [TechCrunch]

One Bitcoin = US$10,000

 

LogiNext to integrate blockchain [e27]

SaaS-based logistics and field services management startup LogiNext is planning to integrate blockchain into their supply chain solution. Founded in 2013, the company is currently working with nearly 150 customers, including DHL, Godrej, DHL, Coca Cola, Hitachi,  P&G, and Lion Parcel.

 

Change raises US$17.5M via tokens sale [e27]

Change is a Singapore-based community-led crypto-fintech startup. And if those hyphens aren’t enough, they are now US$17.5 million crowd-funded too. Change has built a marketplace that allows users to invest in automated stock portfolios, real estate, and have access to peer-to-peer loans.

 

Thailand urged to fast track fintech measures [Bangkok Post]

As Thailand’s National Legislative Assembly (NLA) is deliberating the Fintech Act, a fintech committee under the NLA are preparing measures they will propose be implemented 90 days after the regulations are approved. The Fintech Act aims to pave the way for Thailand to accelerate building of infrastructure that would help strengthen local fintech firms.

 

Google makes Finance-related search easier [Press release]

Google has announced the addition of  a new search navigation bar “Finance” in Google Search. This move is the company’s move to address search and interest in finance and stocks, which has doubled in the last five years. The new tab allows users to have access to the latest market news, view performance information about followed stocks, get recommendations on other stocks to follow based on their interest, and view market indices and currencies.

 

On deals and expansions

Uber’s first in Southeast Asia [e27]

Ride-hailing company Uber has struck its first mobile payments deal in Southeast Asia in a partnership with MoMo. MoMo is a leading Vietnamese mobile wallet service provider, which means that riders in Vietnam can now pay Uber rides using their MoMo account.

 

Common Ground expands [Press release]

Malaysia co-working operator has announced its plan to launch four new venues in the first half of 2018, capitalising on the growing demand for co-working spaces in the country. Common Ground opened it’s first space in March 2017 and has since opened three more.

According to Erman Akinci, co-founder of Common Ground, “there has been a shift in Malaysia’s workforce. Today, people expect more from their workspace. People want to be engaged. There is no reason an office can’t be exciting and fun. Common Ground is proving that every day.”

 

Zimplistic hits US$20M revenue [e27]

The Rotimatic creator have netted about US$20 million and is now gearing up to raise Series C. Rotimatic is a roti making machine, while roti is a flatbread dish originating from the Indian subcontinent. Delicious.


Featured image credit: Elnur / 123RF Stock Photo

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