Endowus, a leading digital wealth management platform, has joined forces with Brookfield Oaktree Wealth Solutions to expand its private credit offerings for clients based in Singapore and Hong Kong. This partnership aims to provide individual and family office investors with access to institutional-quality portfolios, offering a flexible and “all-weather” approach to investing across the private and public debt spectrum. With
CaixaBank, a leading financial institution, has formed a dynamic and diverse task force consisting of over 100 skilled professionals dedicated to the development and deployment of generative artificial intelligence (AI). This team is working collaboratively with tech giants Microsoft and Accenture at their offices in Madrid and Barcelona to leverage the potential of this groundbreaking technology. Collaboration with Microsoft and
With rumors abuzz, tech enthusiasts are eagerly waiting for the potential debut of the Poco M6 5G in global markets, including India. Building upon the success of its predecessors, the Poco M6 5G is expected to be a rebranded version of an affordable Redmi smartphone, offering upgraded connectivity options to its users. Poco M6 5G Set to Support Advanced 5G
In a remarkable move, Mine, a leading privacy tech startup, recently secured $30 million in a Series B funding round co-led by PayPal Ventures and Battery Ventures, with significant investment from Nationwide Ventures. This substantial funding underscores the growing demand for robust privacy solutions in the face of evolving data privacy regulations and the need for enterprises to navigate the
The UK government has taken a significant step in combating human trafficking and cybercrime by imposing sanctions on individuals and organizations involved in these heinous activities. In collaboration with the United Nations Human Rights Organization, the UK, US, and Canada have targeted nine Southeast Asian individuals who have been engaged in human rights abuses and running cybercrime operations in Cambodia,
Igloo, a leading insurtech operating in Asia, has successfully closed a substantial Pre-Series C funding round, securing a total of $36 million. This funding round, which underscores the growing interest in the Asian insurtech market, was led by global investment firm Eurazeo. Backed by the insurer BNP Paribas Cardif, Eurazeo’s involvement highlights the institution’s commitment to nurturing innovative technologies and
In today’s fast-evolving financial landscape, the opportunity to collaborate with non-financial brands and fintechs has emerged as a potential game-changer. Understanding and meeting the fast-evolving demands of customers is crucial for businesses to stay competitive and gain an edge. By joining forces with partners outside the traditional financial sector, companies can tap into new markets, leverage innovative technologies, and create
Aldi, the UK’s fourth-largest supermarket, has recently made waves in the industry by declaring itself the highest-paying supermarket in the sector. In addition to this bold claim, Aldi has also announced that it will align its rates with the real Living Wage set by the Living Wage Foundation. This move has positioned Aldi as a pioneer in fair wage practices
In a move that highlights his continued influence in the tech industry, Elon Musk is looking to raise funding for his AI company, xAI. With a goal of 1/44th of Twitter, Musk aims to push the boundaries of artificial intelligence with their latest project, Grok. The company has already secured approximately $135 million from four unnamed investors, demonstrating early confidence
In the ever-evolving world of venture capital investments, one sector has managed to shine despite the overall decline. Startups in the generative AI space have experienced remarkable success, securing notable funding and attracting big-name investors. This article delves into the funding trends in AI startups and highlights the impact of “mega-deals” on the industry. Funding Trends in AI Startups With
IDEX Biometrics and Toppan Gravity, a wholly-owned subsidiary of the Toppan Group, have announced a strategic partnership to introduce innovative biometric cards. This collaboration aims to address the growing demand for reliable and user-friendly payment options in today’s digital era. By leveraging their respective expertise, the two companies seek to revolutionize the banking and identity solutions landscape, particularly in the
Digital wealth management platform and online broker Scalable Capital recently announced the successful completion of a €60 million equity financing round. This funding, an extension of the firm’s €150 million Series E funding round in 2021, led by Chinese tech conglomerate Tencent, marks a significant milestone for Scalable Capital in its mission to provide innovative investment solutions to its clients.
