Thursday, June 8, 2023

Digital payment forum, Visa buys open banking platform, Tink

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Visa announced it has completed its acquisition of Tink – an open banking platform that enables financial institutions, fintechs and merchants to build financial products and services and move money. Through a single API, Tink enables its customers to move money, access aggregated financial data, and use smart financial services such as risk insights and account verification. Tink is integrated with more than 3,400 banks and financial institutions, reaching millions of bank customers across Europe.

WeQual recognizes eight exceptional business women in the APAC region

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Eight talented businesswomen, holding prominent executive roles in leading firms listed across the APAC, have been named winners in the WeQual Awards. The WeQual Awards were created to accelerate gender parity at the top of the largest companies in the world. Over 35% of WeQual Awards winners are at global executive committee level, and over 50% of the category winners of our first awards have made it to the top - with one chief executive.

Experian ranked in the top 10 of top providers of financial technology

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Experian ranked #9 on the 2022 IDC FinTech Ranking, jumping from #11. The FinTech Rankings is an annual ranking highlighting the top 100 providers of financial tech by revenue. The robust data assets of Experian, combined with best-in-class modeling, decisioning, and tech are powering new and innovative solutions. Experian has invested heavily in tech and infrastructure to deliver the freshest insights, at the right time, to make the right decision.

Golden triangle deal to empower Asia’s sportstech ecosystem

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Hong Kong-based Varcis Group, Melbourne’s Australian Sports Technology Network (ASTN) and Mumbai-based HiG Sports strike a partnership to enable APAC market access for companies across Australia, India, Singapore, Hong Kong, Korea, and Japan.

Semperis accelerates APAC growth with strategic channel appointment

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Semperis, the pioneer in identity-driven cyber resilience for enterprises accelerated expansion of its hybrid identity protection solutions in APAC by onboarding Jacquie Young, a leader in the APAC with 26 years of tech and cybersecurity sales experience, as Director of Channels.

Startup PlayHQ marks European expansion with RefAssist partnership

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PlayHQ, a fast growing cloud-based community sport platforms, announced a partnership with RefAssist, a global online solutions provider for referee and official management. PlayHQ is reinventing community sport by replacing decades of unreliable legacy systems, spreadsheets and paper-based processes with a seamless, mobile-first digital experience that allows communities to focus on the sport they love, not arduous manual processes.

Aurigene announces a strategic partnership agreement with EQRx

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The collaboration combines Aurigene’s small molecule drug discovery platform and EQRx's pioneering business model to accelerate the development of drug candidates in oncology and immune-inflammatory diseases and improve global access to innovative medicines.

Electric vehicle firm NWTN to obtain another $200 million PIPE investment

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On April 15, 2022, East Stone Acquisition Corporation, a British Virgin Island business company (East Stone), entered into a Business Combination Agreement providing for the business combination of East Stone and ICONIQ Holding Limited under a new holding company named NWTN Inc., a Cayman Islands company ( Pubco or NWTN). The transaction represents a pre-combination valuation of $2.5bn ($2,500,000,000) for NWTN upon closing.

Twinco Capital raises $12m to expand its supply chain finance platform

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Twinco Capital, the first global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, announced it has closed a $12 million equity and debt round. The investment was led by Quona Capital, and included participation from Working Capital, as well as existing investors Mundi Ventures and Finch Capital.

Exercise has the power to sharpen even the brightest minds, ASICS says

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ASICS reveals exercise can significantly improve cognitive function and advance mental performance.​ From boosting short-term memory to increasing concentration levels, exercise enhances brain power and could be the solution to helping us pass exams or excel at work. In a unique experiment, ASICS invited competitive gamers specialising in mind games such as Chess and Esports and who rely on their cognitive function, to start an exercise programme.