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Latest: Fintech News

Singapore’s MatchMove Buys Shopmatic in $200m Deal – ST
Singapore’s MatchMove Buys Shopmatic in $200m Deal – ST

The fintech startup, which helps firms embed services such as remittance, loans and digital payments into their platforms or apps, will own 100% of Shopmatic, the report said

US Targets Taiwan Tech Tie-Ups as Supply Chain Solution
US Targets Taiwan Tech Tie-Ups as Supply Chain Solution

The US is looking to deepen its economic partnership with Taiwan, a senior US Security Advisor revealed en route to Japan with President Biden

Apple Looks Outside China as Lockdowns Disrupt Output – WSJ
Apple Looks Outside China as Lockdowns Disrupt Output – WSJ

The US tech giant is said to be planning to increase output outside China at sites it has shortlisted in India and Vietnam after being hit hard by Covid lockdowns

Crypto Mogul Suffers ‘History’s Biggest Wealth Loss’ – CNW
Elon Musk Twitter Feed ‘Attracts 23% Spam, Fake Account Rate’
TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse
US States Ignoring China Cyber Threats, Says Data Group
Canada Bans Huawei, ZTE 5G Gear on ‘National Security’ Fears
China Tech Giants Listed in Hong Kong Plunge Again
Trash-Talking Crypto ‘Whiz’ Created a $40bn Crash – NYT

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors