8 Securities Receives $US 25 Million Investment under a Strategic Partnership with Nomura Asset Management

8 Securities Group announced it has agreed to receive a total of $US 25 million Series C investment from Nomura Asset Management. The investment demonstrates the promising growth and potential of robo-advisory services in Asia including Japan, and marks one of Asia’s largest fintech capital injections so far in 2018.

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Entrepreneur First expands to Hong Kong

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When Silicon Valley’s Greylock Partners led Entrepreneur First‘s $12.4 million funding round in September, Greylock’s Reid Hoffman said he could see the company builder expanding to “20 or 30 or 40 cities, maybe even 50“. Since then, EF has expanded to Berlin, in addition to existing programmes in London and Singapore, and today the so-called ‘talent first’ investor is adding Hong Kong to the list

Heading up EF’s Hong Kong office is former Airbnb and Google exec Lavina Tien, while the Hong Kong programme, which kicks off in July, will copy the Berlin format, meaning that it will run for 3 months per cohort, not 6 months as in London and Singapore. In addition, teams formed at EF Hong Kong will be eligible to participate in its Singapore demo day.

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Six Startups Join DBS Accelerator Hong Kong

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The six startups are CUBE, cyberProductivity, DOV-E, Fractal Labs, Hyper Anna, and Privé Technologies. This brings the total number of DBS Accelerator participants to over 30 since the DBS Bank (Hong Kong) programme’s successful launch in 2015. All of the programme’s startup alumni have successfully secured funding support or expanded their business in Hong Kong as a result of their participation in DBS Accelerator. DBS, which marks a milestone 50th anniversary in 2018, continues to be a pioneering force in transforming the way banks serve, engage and interact with customers though FinTech innovation.

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