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Building a Bank in 100 Days

COVID-19 has accelerated a trend which had already begun in many parts of APAC – the closure of branches. At the same time though, we are seeing an increasing number of new names in retail banking in the form of digital challenger banks. Whether they are referred to as called ‘virtual banks’ or ‘neobanks’, these disruptive banks are digital-first and are differentiated by their focus on enhancing the customer...

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U.S. Unicorn Carta Sets up New Singapore Office to Kick off Asian Expansion Plans

Carta, a California-based startup that offers capitalisation table management and valuation software, announced that it has set up a new Singapore office to kick off its first commercial operations in Asia. The US unicorn will be launching its operations in Southeast Asia with two of its flagship products; its capitalisation table and Employee Stock Options Plan (ESOP) software along with its tech-enabled fund admin service. Carta...