advisors

Cambodian Central Banker Serey Chea Among Select Few Joining AFIN’s Advisory Board

The ASEAN Financial Innovation Network (AFIN) announced the appointment of H.E Serey Chea, Prof. Olayinka David-West as advisors and Latha Ayyar as an independent director to its board.Through their respective roles, they will bring in invaluable expertise in financial platforms, innovation and digital technologies to propel the growth of AFIN and its flagship product, API Exchange (APIX). APIX is a global cloud-based digital platform with a focus on financial inclusion, that enables financial institutions and fintechs to discover one another on a curated global marketplace, design experiments collaboratively in the

myGW offers Kärcher supply chain transparency

Cleaning appliances manufacturer Alfred Kärcher GmbH is benefitting from the myGW customer portal of the Austrian logistics company Gebrüder Weiss. During the hot summer months, people like to water-blast their terraces, façades or cars. Appliances made by Kärcher have become synonymous with the notion of high-pressure cleaning, with the German word Kärchern (derived from the company’s name) even making it into Duden, the German equivalent of the Oxford dictionary, meaning to clean with a high-pressure water-blaster. A global leader in cleaning technology, it is represented in 72 countries with 127

Bambu’s acquisition takes it into new wealthtech turf

Bambu, a Singapore-based robo-advisor wealthtech company, announced the acquisition of a Dubai-based fintech called TradeSocio on July 13. The move sets Bambu on a path to better service advisory-led wealth markets such as the U.S. – and sets it up for a planned Series C funding round. Ned Philips, CEO and co-founder at Bambu, says the company wants to close on a new $25 million raise in the fourth quarter this year. Its lead investors are Franklin Templeton (also a client) and Chicago-based Peak6 Investments. Bambu has raised a total

3 Reasons Why Bitcoin Price May Slip Below $10K This Week

A potential catalyst for Bitcoin’s supersonic price rally in 2020 has been the combination of ultra-flexible monetary policies of central banks and massive spending by governments. The prospects of cheaper money have inspired many to seek hedge in what is now the world’s leading cryptocurrency by market capitalization. As a result, BTC/USD jumped from $3,858 to just shy of $10,500 within only five months of trading. Nevertheless, the very same catalysts that pushed the pair exponentially higher are now giving away the signs of withdrawals. Especially this week, investors have started