Laos Central Bank Launches CBDC Pilot
The Central Bank of Laos has launched testing of the central bank’s digital currency (CBDC), known as DLak or digital Lao kip.
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Westpac Adds BNPL Functionality to Credit Cards
Westpac is giving credit card owners the opportunity to pay off their bills in four monthly BNPL instalments
Emirates Islamic Partners with Plug and Play Abu Dhabi for Fintech Accelerator
Dubai-based bank Emirates Islamic has launched a global fintech accelerator campaign in collaboration with Plug and Play Abu Dhabi
Visa Partners With Wirex to Issue Crypto Debit Cards
The partnership will expand to the U.K. and the APAC.
Neobank Aspire Raises $100 Million
Aspire, a Singapore-based neobank has raised more than $100 million in funding following the results of Series C.
Landytech Secures $12 Million Series B
Landytech, the company that owns the leading investment reporting platform Sesame, reported receiving an investment of $12 million following the results of the Series B financing round.
RBC Buys Tech Platform OJO Canada
Royal Bank of Canada (RBC) has acquired OJO Canada, a company that develops artificial intelligence-based technologies for the real estate market.
NatWest to Buy Stake in ESG-Focused Workplace Pension and Savings App Cushon
Cushon’s primary products offer an investment strategy designed to drive down the financed CO2 emissions of customers’ investments. With a £144 million investment, NatWest will become the company’s major stakeholder
DBS Bank to Offer Crypto Trading in Hong Kong
One of the largest financial institutions in Southeast Asia, DBS Bank is planning to expand its crypto trading services to Hong Kong as soon as it gets the necessary license
3AC Founders Launch Crypto Firms Bankruptcy Claims Exchange
3AC founders refuse to comply with subpoena, launch bankruptcy claims trading exchange instead.
Digital Asset Protection Provider Coincover Raises $30 Million
Coincover, a UK-based provider of digital asset protection services, has reported raising $30 million in funding.
UAE Central Bank Launches Digital Finance Initiatives
The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub
Tether Announces $960 Million In Excess Reserves
Tether has published a report according to which there are excess reserves and the transfer of assets to treasury bills.
Beauceron Security Gets CIBC Backing
The platform of the Canadian company SaaS for cybersecurity Beauceron Security has received funding from CIBC Innovation Banking.
Dhakai Adds Automation Capabilities to B2B Apparel Sourcing Platform
Dhakai has expanded the capabilities of its platform designed to search for clothing suppliers in B2B format.
Qatar Airways Launches Reusable NFC Bag Tags for Contactless Luggage Check-In
Passengers flying Qatar Airways planes have been allowed to transfer their flight data to a reusable electronic tag attached to their luggage.
Finance & Economics
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