Why FinTech is Like iTunes

By Vince Wong To understand why FinTech is called ‘disruptive’, it is instructive to draw lessons from the similarity of financial services to the business of making, selling and buying music. Once upon a time, the products created by musicians could only be distributed on physical media, such as 8 tracks, vinyl records, cassette tapes and then compact discs, or […]

Continue Reading

Alibaba Arm’s ‘Fortune’ App Helps Rookie Chinese Buy Funds

By Bloomberg News 18 August 2015 Alibaba Group Holding Ltd.’s finance affiliate unveiled a wealth-management app on Tuesday to help less well-heeled Chinese buy into hundreds of funds and track stocks from Hong Kong to the Nasdaq off their smartphones. Ant Fortune complements the PayPal-like Alipay and other services proffered by Zhejiang Ant Small & Micro Financial Services Group, a […]

Continue Reading

P2P lending platform Capital Match raises $1m Series A round led by Innosight Ventures

By Joji Thomas Philip 12 August 2015 Singapore-based peer-to-peer lending platform – Capital Match – has raised $1 million in a series A round led by local venture capital firm Innosight Ventures. Existing investors Crystal Horse Investments and CE-Tech Invest also participated in this round, and the company said it would use the funds “for product development, marketing and sales activities”. Capital Match, which had […]

Continue Reading

PH venture builder Incubix Tech partners fintech startup VMoney

By Tomas S. Noda III 30 July 2015 Incubix Technologies, the first “venture builder” startup in the Philippines, has partnered with local financial technology (fintech) startup VMoney Inc with the goal of disrupting the e-commerce business. Incubix Technologies that claims to be a venture builder is different from incubators, accelerators, venture capitalists and angel investors. It hatches business ideas from within its own […]

Continue Reading

What is Fintech?

By Vince Wong FINANCIAL SERVICES Today, large financial establishments, like banks or insurers, mostly offer financial services such as loans, investments, payments, currency exchanges, and insurance. This is because traditionally, only banks or large companies had the infrastructure, information and deep pockets to calculate and take on the inherent risks involved if hefty payouts are needed or if customers incur […]

Continue Reading

Ping An Insurance – a 14 year legacy

In 2015, as all facets of businesses embraced a series of technological changes, the Chinese economy has taken a new stride. The current frontrunner in China, a group of the most respected businesses across the country, is Ping An Insurance (Group) Company of China. Ping An Insurance is a major contributor to the development of the Chinese economy and has […]

Continue Reading

Marvelstone

Marvelstone is a private investment group that develops growing businesses and invests in companies with high potential. With finance as its core strength, it also have diversified investments in technology, real estate, hospitality, trading and media. The group believes in the growth of Asia and seeks to focus on emerging markets in the region. It has regional presence in Hong Kong, Singapore […]

Continue Reading