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Monday, January 4th, 2021

 

Singapore-based RegTech Start-up RegTank Secures $2M in seed funding

Singapore-based RegTech solution RegTank announced that it secured a $2M in funding from tech investors SuperChain Capital and IPB Capital. This is one of the largest seed funding rounds for RegTech companies in Asia. Founded by seasoned industry experts in 2020, RegTank will be using the funding to enhance its SaaS platform and deepen research into its patent-pending intelligent AML risk engine.  With the fast-changing regulatory landscape for Fintechs and financial institutions, RegTank provides an innovative risk-based approach (RBA) compliance solution integrating Know Your Customer (KYC) and Know Your TransactionsRead More


The Next DEX Dynasty Tunaswap

Community based DEX, Tunaswap is on a mission to build the next dynasty on Tron chain. A development by top fin-tech company’s high-tier management who believes in decentralizing the world, Tunaswap project was born. Being able to do multiple swap-pair at lighting fast speed and low transaction fee, Tunaswap uses DAO system to control its internal operations. Meaning to say owning TNS (Tunaswap Token) will have a decision rights in the platform future. TNS had an issued quantity of 21 million in which, 10.6 million for mining, 1.2 million is distributedRead More


Dongju United Capital named top 10 fastest-growing AMCs in China

Dongju United Capital was selected as one of the top 10 fastest-growing asset management companies (AMCs) in China, according to research done by the Asian Economic Research Institute (AERI), a research arm of Asia Times. AMCs are going to benefit from rising demand in the market as commercial banks continue to offload non-performing assets (NPAs) from their books. Dongju United Capital has benefited from the development of the Chinese asset management market. The number of problematic companies and non-performing corporate debts is expected to gradually increase due to the eliminationRead More