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MFS Africa becomes first African FinTech funded by a China-based VC in $4.5M Series B round led by LUN Partners Group
Port Louis, Mauritius – 19th April 2018 – MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group. Goodwell Investments, an Amsterdam based investment firm focused on financial inclusion, fintech and inclusive growth, as well as several angel investors completed the round.
Hong Kong: Quantifeed, Asia-Pacific’s leading provider of B2B digital wealth management solutions, has been named Best Robo Advisor Solution by the prestigious magazine Asian Private Banker at its 2017 Technology Awards.
JD.com, the Chinese e-commerce juggernaut and Alibaba’s closest rival, is launching a new accelerator program for artificial intelligence and blockchain startups, the company said today.
Ghana’s Minister of Finance Discusses Potential Partnership Opportunities with MFS Africa and LUN Partners Group
On February 10, 2018, Ghana’s Minister of Finance, the Honorable Ken Ofori-Atta met with Mr. Peilung Li, Chairman of LUN Partners Group to assess the financial investment landscape between China and Africa, as well as future partnership opportunities with MFS Africa, a portfolio company of LUN Partners.
2017 has been a year of overcoming significant challenges and reaching new heights for EdCast. There have been new, exciting developments with the EdCast Learning Experience Platform (LXP), many visionary clients added, GuideMe changing the landscape of in-app training tools, and a host of awards that which have humbled us.
Cathay Financial Holdings announced today that the investment research team, product team, Cathay United Trust and Conning Asset Management, will partner up with Quantifeed, a Hong Kong start-up, to design the algorithm and investment platform that is most suitable for the market needs.
On November 12, 2017, LUN Partners Group (LUN) held its 1st Fintech Roundtable in Singapore.The roundtable hosted several leading strategic partners and Fintech companies from around the world.
HONG KONG, October 10th, 2017 –Quantifeed is thrilled to be named as one of the 10 fast growing fintechs in Hong Kong by IDC Financial Insights as part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground analysis of the dominant fintech players within the region.
Bluzelle Recognised As Driving Enterprise Blockchain Adoption In Asia Pacific by Independent Research Firm
Bluzelle, a decentralized database service for dApps, has been recognized as a leading blockchain provider by Forrester Research in its report ‘Vendor Landscape: Blockchain Technology Providers In Asia Pacific’ October 2017. The report cites Bluzelle in both the infrastructure for general-purpose and software for on-premises deployment categories, stating it “delivers value that traditional approaches can’t achieve”.
SharesPost Launches Initiative with Fidelity Charitable to Enable More Donations of Private Company Venture-Backed Shares
SAN FRANCISCO–(BUSINESS WIRE)–SharesPost, a leading liquidity provider to the Private Technology Growth asset category, today announced an innovative new program to enable venture-backed tech firms and individual shareholders of private company stock to more easily donate their shares to support charities of their choice.
Blockchain startup Bluzelle has raised $1.5 million in a new Series A funding round to support the development of its data storage service. Backing the round are venture capital firms Global Brain, LUN Partners Capital and True Global, according to today’s announcement. Based in Singapore and first launched in 2014, Bluzelle is akin to projects like Filecoin or Storj, among others, which use the tech as a means to collectivize and monetize spare storage capacity.
Quantifeed, a leader in digital wealth management solutions in Asia, has reached a significant milestone by closing US$4.5 million in a Series A financing round. Shanghai-based PGA Venture Partners led the investment. The funds will enable Quantifeed to accelerate expansion in key markets in the Asia Pacific region, including China.
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–EdCast, the leading Knowledge Cloud platform for unified discovery and personalized learning, today announced the acquisition of Corte Madera-based Sociative, Inc. Founded in 2010, Sociative has developed highly focused content-discovery technology, using topical influencers, personalization and machine learning.
On June 20, 2017, LUN Partners Group was formally invited to join the Shanghai Private Equity Association (SHPEA). Established on April 7, 2004 as the Shanghai Foreign Direct Investment Fund Association, on July 24, 2008, the Shanghai Community Management Bureau changed the Association’s name to its current designation.
The FX market has more than a decade of globalization, and has become, especially in recent days, the world’s biggest financial trade market. According to reports by the BIS, in 2016, RMB has become the world’s liveliest emergent market currency. From 2013 to 2016, RMB trade volumes have grown significantly. Average daily volume across those three years went from 120 Billion US Dollars to 202 Billion US Dollars.