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Family offices embrace Singapore's fund structure to manage money | Family Offices

Family offices embrace Singapore's fund structure to manage money | Family Offices
asianinvestor.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asianinvestor.net Daily Mail and Mail on Sunday newspapers.

Malaysia , Singapore , Hong-kong , United-kingdom , Malaysian , British , Victor-sanlorien , Piper-sanlorien , Monetary-authority-of-singapore , Taurus-wealth-advisors , Monetary-authority , Taurus-wealth

Sherpa Raises $8.5 Million for Simpler Visas: Travel Startup Funding This Week

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
Each week we round up travel startups that have recently received or announced funding. Please email Senior Travel Tech Editor Sean O'Neill at
so@skift.com if you have funding news.
This week, travel startups announced more than $24 million in funding.
>>
Sherpa, a travel tech startup, raised $8.5 million in venture equity funding.
Narrative Fund and True Ventures led the round. Relay Ventures, TSVC, Globalive Capital, N49P, Plug and Play Ventures, Golden Ventures, Stuart MacDonald (founder of Expedia.ca), and LP Maurice (founder and CEO of Busbud) also invested.

Qatar , Malaysia , United-states , United-kingdom , Portugal , Toronto , Ontario , Canada , Spain , London , City-of , Jordan

Klarna adding staff, office space in the U.K.; Visa's crypto financial inclusion push

Klarna adding staff, office space in the U.K.; Visa's crypto financial inclusion push
paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.

United-states , Sweden , India , Manchester , United-kingdom , Argentina , London , City-of , Argentine , America , Swedish , American

Fly Now Pay Later raises further £10 million in Series A funding

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Fly Now Pay Later raises further £10 million in Series A funding
3 hours ago
Source: Fly Now Pay Later
Defying the downturn in the travel industry, a UK fintech offering consumers a new and more flexible way to finance travel in a post covid-19 world has raised a further £10m ($14m) in Series A funding, bringing its total to £45m ($62m).
Fly Now Pay Later, founded by CEO Jasper Dykes (32), secured the equity investment co-led by asset management firms Revenio Capital and Taurus Wealth Advisors, and builds on the £35m ($48m) of equity and debt Series A investment raised at the beginning of last year.

Malaysia , Dubai , Dubayy , United-arab-emirates , United-states , United-kingdom , Malaysian , Kitarack-chapman , Rohit-hemdev , Malaysia-airlines , Malaysian-airlines , Fly-now-pay

Independent Wealth Management in Asia - Growing the Business in 2021 and Beyond -Asian Wealth Management and Asian Private Banking

On March 4, Hubbis hosted a panel of experts for a discussion on the future of the independent wealth management sector in Asia. The independent sector in the region remains considerably less well-established than, for example, in Europe or the US, with an estimated 30% of assets managed by boutique firms in Switzerland against estimates of well less than 10% in Asia, and probably nearer 5%. But that represents a great opportunity, and Asia is certainly working hard to catch up with Europe. There is growing diversity in the market, more top-flight bankers have been leaving the relative security of the brand-name private banks to venture out on their own or to join established independents, lured by the prospect of greater personal working freedom, a greater ability to manage their clients’ assets in a totally objective manner with open architecture, and unencumbered by expectations or pressures of the banks. Some 10 to 15 years ago, when the creation of many of the earlier independent firms took place in Asia, there was only scant understanding of the proposition they represented, and considerable resistance from the main protagonists in the industry, while the clients were less local/Asian and more international, whether those were based in Asia or perhaps in Europe. Fast forward to today, and the EAMs/IAMs have been able to build and retain true relationships amongst Asian clients and have won an ever-larger share of the client wallet. And in recent times, many such operators have termed themselves Multi-family Offices (MFOs), sometimes to underscore their origins as managing the investment assets of several families who essentially became the core supporters of the new venture. Moreover, digitisation is helping the independents build scale, reduce costs, improve the client offering and reach out to the next generations, while the industry is better organised and more skilful at communication their added value.

Malaysia , Australia , Dubai , Dubayy , United-arab-emirates , Shanghai , China , Hong-kong , Singapore , Zurich , Zusz , Switzerland