Kapronasia

Insight

23
Jul

Partior raises US$60 million in Series B round

JPMorgan estimates that global corporates move nearly US$23.5 trillion across countries each year, equivalent to roughly 25% of global GDP. Since they rely on what the bank calls “sub-optimal wholesale cross-border payment processes,” annual transaction costs for the companies have reached US$120 billion. This is where atomic settlement comes in…
21
Jul

MariBank just lost US$38.6 million

Singapore’s digital banks have been underwhelming in their first few years of operation, though the likely raising of a deposit cap in July 2023 has benefited Sea’s MariBank and Grab-Singtel’s GXS Bank. It was always a risky endeavor to bet on the retail segment given how well served it already…

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Established as part of the Atlas Technologies Group and building on the legacy of Kapronasia (founded in 2007), Atlas Technologies Singapore is a strategic consulting and market research firm specializing in fintech, banking, payments, and capital markets across Asia Pacific.

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