Disrupts is a cutting-edge media platform delivering the latest news, insights, and stories that shape the global tech ecosystem.
WeLab Bank Achieves First-time Breakeven With Sustainable Profitability Ahead
WeLab Bank announced today its achievement of first-time breakeven in December 2024 - just over 4 years after its establishment. This milestone exemplifies WeLab Bank’s ability to achieve profitability at a pace faster than anticipated, and surpasses most of the digital banks, which typically take 5-7 years to break even.
Bitget CEO Shares Vision for 2025: Innovation, Growth, and the Path to Respect
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices.
OCBC Pioneers Tokenised Bonds in Singapore, Ushering a New Era of Investment Flexibility
OCBC has become the first bank in Singapore to offer bespoke tokenised bonds to corporate accredited investors. Leveraging blockchain technology, these bonds are issued in S$1,000 denominations, enabling portfolio diversification and faster settlements. This innovation marks a significant step towards advancing tokenised assets and redefining investment opportunities in Singapore.
Beijing and Abu Dhabi Forge Partnership to Strengthen Financial Collaboration
ADGM, the leading international financial centre, signed a Memorandum of Understanding (MoU) with Beijing Financial Street Service Bureau during Abu Dhabi Finance Week 2024, on the sidelines of the UAE-China Investment Summit presented by HSBC. This strategic agreement reinforces the mutual commitment to fostering connections, particularly in the areas of international development and industry promotion, further advancing the growth of Beijing Financial Street and ADGM.
Fintech Abu Dhabi Unites Global Tech Leaders, Reaffirms Abu Dhabi as a Hub for Financial Innovation
Fintech Abu Dhabi returned for its highly anticipated eighth edition, reinforcing its status as the Middle East’s biggest fintech festival. Part of Abu Dhabi Finance Week (ADFW), the event attracted a dynamic mix of global tech leaders, tech innovators, banking institutions, developers, entrepreneurs, and investors who shape the future of finance.