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Archive by category Financial

David Barrett, CEO of EBC Financial Group (UK) Ltd and EBC Financial Group (Cayman) Limited, Analyses Global Market Volatility, High-Interest Rate Pressures, and Safe-Haven Investment Strategies Amid 2024 Economic Shifts

LONDON, Aug. 27, 2024 (Korea Bizwire) – Global markets are in a state of flux as inflationary pressures, shifting interest rate policies, and geopolitical tensions converge to create unprecedented uncertainty across financial sectors. David Barrett, CEO of EBC Financial Group (UK) Ltd and EBC Financial Group (Cayman) Limited, offers his expert analysis on the forces [...]

MoneyHero Group Named “Personal Finance Tech of the Year” at the Prestigious Asia FinTech Awards 2024

MoneyHero’s personal finance platform recognized for its incredible innovation, capabilities, and service Award further-solidifies the Company’s leading market positioning throughout Greater Southeast Asia SINGAPORE, Aug. 26, 2024 (Korea Bizwire) – MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced it has been [...]

Trace Machina Closes $4.7 Million Seed Round, Launches Out of Stealth to Build Simulation Infrastructure for Physical-World AI

Their first product NativeLink is open source at the core and provides engineers with an advanced staging environment for futuristic technologies where safety is paramount such as self-driving cars, aviation, robotics, and other autonomous hardware systems. SAN FRANCISCO, Aug. 22, 2024 (Korea Bizwire) – Trace Machina, the company building simulation infrastructure for safety-critical technologies in physical-world [...]

Bitget Adds Support for PayPal (PYUSD) Stablecoin on Solana Blockchain

VICTORIA, Seychelles, Aug. 22, 2024 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, has added trading support for PayPal’s PYUSD stablecoin on Solana blockchain, increasing the availability of multichain tokens. This enables smooth transactions of PYUSD on the Solana and Ethereum networks, easing its utility in the broader Bitget ecosystem. Solana’s infrastructure is designed to [...]

DigiAsia Corp. Appoints Andreas Gregori to its AI Strategic Advisory Board

~ The Addition Strengthens the Delivery of Meaningful AI Fintech Solutions for its Enterprise Clients ~ NEW YORK, Aug. 20, 2024 (Korea Bizwire) – DigiAsia Corp. (NASDAQ: FAAS) (“DigiAsia” or the “Company”), a leading Fintech as a Service (“FaaS”) ecosystem provider, today announced that Andreas Gregori, a current member of DigiAsia’s board of directors and highly [...]

ABN AMRO and nCino Partnership Driving Digital Transformation across Corporate Lending

Top 25 European bank implements nCino to support its transformation strategy LONDON and AMSTERDAM, Aug. 20, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, announced that ABN AMRO, one of the largest banks in the Netherlands, is live on nCino’s Cloud Banking Platform. ABN AMRO selected nCino as [...]

Treasure Global Inc Announces Request to Withdraw S-1 Registration Statement

NEW YORK and KUALA LUMPUR, Malaysia, Aug. 16, 2024 (Korea Bizwire) – Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading technology solutions provider, today announced that it has submitted a request to withdraw its S-1 Registration Statement originally filed with the U.S. Securities and Exchange Commission (SEC) on July 26, 2024. [...]

VCI Global to Announce First Half 2024 Financial Results on August 19th, 2024

KUALA LUMPUR, Malaysia, Aug. 15, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global”, “VCIG”, or the “Company”) today announced that it will release its financial results for its first half ended June 30th, 2024, before markets open on August 19th, 2024. VCI Global’s management team will hold earnings call at [...]

Aditya Tibrewala Appointed as Chief Executive Officer, Sompo Thailand

BANGKOK, Aug. 14, 2024 (Korea Bizwire) – Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Aditya V. Tibrewala as Chief Executive Officer of Sompo Insurance (Thailand) PCL (Sompo Thailand), effective immediately. Mr Tibrewala joined Sompo Asia Pacific (APAC) as Chief Actuary in 2016 and has [...]

Treasure Global Inc Announces Preliminary Pro Forma Results for the Fiscal Year Ended June 30, 2024

Preliminary pro forma revenue is expected to reach approximately $22.1 million. Preliminary pro forma loss from operations is expected to decrease by approximately $4.6 million. Preliminary pro forma net loss attributable to common stockholders is expected to decrease by approximately $5.5 million NEW YORK and KUALA LUMPUR, Malaysia, Aug. 12, 2024 (Korea Bizwire) – Treasure [...]