Jeff Bezos sells US$3.1 billion of Amazon shares after wealth jumps
NEW YORK – The numbers are eye-popping: One million Amazon.com shares offloaded for more than US$3.1 billion (S$4.2 billion). And yet for the seller, Jeff…
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Grab chasing South-east Asian wealth clients ‘unhappy’ with banks
SINGAPORE – Grab Holdings is looking to broaden its financial product offerings for the South-east Asian wealth market, where it plans to fill a gap left by…
Grab acquires Bento to assist SEA users with retail wealth solutions
Singapore-based ride-hailing giant Grab announced today that it has acquired local robo-advisory startup Bento to offer retail wealth management solutions to…
Syfe raises US$3.8M funding to launch digital wealth management services in…
Singapore-based startup Syfe has announced the launch of its digital wealth management services in Singapore following a S$5.2 million (US$3.8 million) seed…
Pompliano Apparently Holds 50% of His Wealth in Bitcoin, Explains Why
American investor and co-founder of Morgan Creek Digital Assets Anthony “Pomp” Pompliano explained his investing strategy and skepticism towards fiat currency…
Hive Up and Wealth in Asia merge, rebrand as one stop financial platform
Seeking to provide a more accessible financial literacy content for audiences in Southeast Asia, Hive Up and Wealth in Asia announced their merger into…
ezCater raises US$150M funding led by Singaporean wealth fund GIC
GIC, Singapore-based wealth fund, announced yesterday that it has co-invested a total of US$150 million in Boston-based ezCater, online catering marketplace,…
Singapore wealth fund invests in crypto exchange Coinbase
Singapore’s sovereign wealth fund GIC was among investors that helped US cryptocurrency exchange Coinbase raise US$300 million last year, according to people…
Artificial Intelligence likely to widen wealth gap
The wealth gap between the rich and the poor in Kenya is likely to widen further as companies adopt Artificial Intelligence, a new report shows. AI, as it is…
Silicon Valley’s sovereign wealth problem | Tech Industry
Breaking Tech Industry news from the top sourcesIt’s time to bring the conversation about where Silicon Valley gets its money from out into the open.…