A phone call used to mean a person on the other end. That’s no longer a safe assumption.

STOCKHOLM, May 5, 2026 /PRNewswire/ — Indonesia is the most spammed country in the world. In 2025, Truecaller identified 79 percent of all unknown calls in Indonesia as spam or fraud. Chile follows at 70 percent, up from 51 percent in just six months. Vietnam, Brazil, and India round out the top five. The data comes from Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, with over 500 million users globally and over 68 billion spam and fraud calls identified in 2025.

Behind each country’s ranking is a different story. In Indonesia and Mexico, over 40 percent of spam calls are identified as financial institutions. In Chile, the dominant category is not sales or scams but debt collection, which accounts for 38 percent of all spam, the highest concentration of any single category in any market globally. In Brazil and Nigeria, calls from Telcos flood the landscape, making it nearly impossible for users to distinguish a genuine carrier message from fraud. These findings point to a broader global shift — as automated spam scales, trust in unknown calls continues to decline.

“The scale of what this data shows should concern everyone. Fraud, impersonation, and scams are affecting people’s daily lives in a way we have never seen before. In some countries, most unknown calls are now spam — that is a fundamental breakdown in how communication works. Our mission is to build trust in communication, and in 2026, we are focused on stopping fraud before it reaches people,” said Rishit Jhunjhunwala, CEO of Truecaller.

On March 31, 2026, Truecaller crossed 500 million monthly active users, with more than 150 million outside India. The full Spam and Fraud Report, including the complete top 10 ranking and regional breakdown, is available at the Truecaller Insights page.

For more information, please contact:

Andreas Frid, Head of IR & Communication

+46 705 29 08 00
andreas.frid@truecaller.com

This information was brought to you by Cision http://news.cision.com

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SOURCE Truecaller AB

HONG KONG and SINGAPORE, May 5, 2026 /PRNewswire/ — Finloop Finance Technology Holding Limited (“Finloop”) announced that Finloop USD Instant Digital Liquidity (FUIDL) has been officially listed on CapBridge, a leading digital investment platform in Singapore, and on 1exchange, a regulated RWA exchange for listing and trading of RWA tokens. The token is now available for subscription by professional investors. This marks FUIDL’s first entry into the Singapore market and provides Asian professional investors with a compliant and efficient on-chain USD liquidity management tool.

FUIDL is powered by Finloop, which acts as the tokenization agent providing the tokenization infrastructure and agency services. It is an instant subscription and redemption token deployed on multiple blockchains. Compared with traditional cash management tools, FUIDL achieves several key breakthroughs:

Fast Liquidity: Supports as fast as T+0* subscription and redemption, with seamless 24/7 operation, significantly improving capital turnover efficiency.High-quality Asset Backing: The underlying assets are anchored to international AAA-rated investment-grade USD money market funds, balancing principal safety and stable yield.Low Trading Fee: During the promotional period**, traditional fund subscription (minting) and redemption fees are waived.Multi-Chain Deployment and Process Transparency: Deployed on multiple major blockchains with transparent process management.

This collaboration establishes a complete end-to-end ecosystem covering token issuance, primary market distribution, and secondary market trading. While maintaining traditional financial-grade security, FUIDL sets a new compliant paradigm for institutional-grade on-chain fund management. CapBridge will help FUIDL expand its primary market distribution channels and enhance its reach and liquidity in the global wealth management market. 1exchange will list FUIDL on its regulated trading platform, providing eligible investors with access to secondary market trading in FUIDL, and a broader range of investment opportunities.

Mr. Cai Hua, CEO of Finloop, said: “This cooperation with CapBridge and 1exchange provides FUIDL with compliant distribution channels to reach professional investors in Singapore and overseas markets. It also marks FUIDL’s first expansion of customer base into Singapore. Finloop has built a one-stop RWA technology, issuance, and distribution platform — the FinRWA Platform (FRP) — and has been assisting issuers in launching high-quality tokenized products such as FUIDL. Hong Kong and Singapore rank as the world’s third and fourth global financial centers and the top two in the Asia-Pacific region. This collaboration will further strengthen Finloop’s leading influence in the Asian RWA sector.”

Dr. Janet Liu, CEO of CapBridge, said: “The introduction of FUIDL will further expand the boundaries for global institutional and high-net-worth clients in frontier and secure asset allocation. FUIDL not only enriches CapBridge’s diversified wealth management resources but also facilitates seamless connectivity between traditional finance and the Web3 ecosystem. Through CapBridge’s mature distribution network and client service system, we aim to help more Asian professional investors participate in the RWA tokenization wave with lower barriers and higher transparency.”

Sheena Lim, CEO of 1exchange, said: “The listing of FUIDL on 1exchange provides eligible investors with more efficient, transparent, and compliant trading options for tokenized products. This collaboration is a significant step forward in building a fully integrated ecosystem that connects tokenization, primary issuance, listing and secondary market trading, enabling the continuous introduction of high-quality tokenized assets to investors.”

Looking ahead, the three parties will leverage their strengths in technology, compliance, and distribution to jointly explore innovative pathways for offshore RWA tokenization. They will continue to select and distribute high-quality tokenized assets, offering investors diversified investment opportunities. Finloop will also collaborate with Web2 and Web3 ecosystem partners to build a compliant, open, and innovative wealth management ecosystem and connect global liquidity.

About Finloop Finance Technology Holding Limited

Finloop Finance Technology Holding Limited, along with its subsidiaries (collectively referred to as “Finloop”), is an AI-driven global one-stop Web5 (Web2+Web3) wealth technology platform located in Hong Kong. Finloop offers comprehensive wealth management products and technology solutions to various financial institutions. Its offerings include cash management, public funds and private funds, structured products, bonds, insurance, and virtual assets. As a fintech leader in Asia during the Web3 wave, Finloop has focused on bridging physical and digital assets, developing a one-stop RWA technology, issuance and distribution platform to pioneer new growth pathways in the wealth management industry. For more information, visit www.finloop.hk and www.finlooprwa.com.

About CapBridge

CapBridge, a member of FOMO Group, is a leading digital investment platform headquartered in Singapore. As a Capital Markets Services licensee, CapBridge is regulated by the Monetary Authority of Singapore (MAS) to offer top-tier funds, digital asset funds, stocks, bonds, equities, and arrange life insurance products. It provides mass affluent, HNWIs, and institutional clients with seamless access to both private and public markets, meeting clients’ diverse asset allocation needs. For more information, please visit www.capbridge.sg.

About 1exchange

1exchange, a member of FOMO Group, is a leading exchange for Real-World Assets (RWA) security tokens and private listings, licensed by the Monetary Authority of Singapore (MAS). Offering full-stack on-chain infrastructure, the platform enables issuers to list RWAs, while enabling investors to trade modern digital assets in a regulated secondary market, unlocking global liquidity. Visit www.1x.exchange for more information. 

*Subject to the actual fund arrival time.

** The promotional period is valid until 31 December 2026. The fee waiver applies exclusively to CapBridge transactions; 1exchange (1x) is not included in this promotion. Should there be any future changes to applicable fees, the issuer will notify investors via official channels at least one month in advance.

Disclaimer: The virtual assets (VA), real-world asset tokenization (RWA), and related fintech services provided by Finloop Finance Technology Holding Limited and its subsidiaries (“Finloop”) are conducted in accordance with the laws and regulations of the Hong Kong Special Administrative Region and the Company’s terms and conditions. Finloop’s services are not available to residents of Mainland China or users restricted by other specific jurisdictions. Investors are solely responsible for ensuring that their identity and actions comply with local legal and regulatory requirements, and should carefully read Finloop’s agreements and risk disclosure statements. Investment involves risks. Virtual assets and RWA are emerging investment categories; price volatility can be extreme, and past performance is not a guarantee of future results. You should make independent investment decisions based on your own investment experience, financial situation, investment objectives, and risk tolerance. If you have any doubts, you should seek independent professional advice.

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SOURCE Finloop Finance Technology Holding Limited

HONG KONG, May 5, 2026 /PRNewswire/ — The University of Hong Kong (HKU) recently held the HKU Entrance Scholarships Award Ceremony to recognise the outstanding academic and non-academic achievements of students admitted to the University in the 2025-26 academic year.

Over 700 student awardees, parents, and guests attended the ceremony, which was officiated by Professor Xiang Zhang, President and Vice-Chancellor of HKU. In his welcoming remark, Professor Zhang said that the University was establishing a new AI Hub initiative to fundamentally transform the way of teaching with the integration of AI. Noting that AI development might drastically redefine education and certain professions within the next decade, he encourages students to be creative and equip themselves as future pioneers to help drive the transformation.

Benefactors of the ‘Hon Ping Entrance Scholarship for Nigerian Students,’ ‘Jardine HKU Scholarship,’ ‘Lee Shau Kee Top Athletes Scholarships,’ ‘QRT-HKU Scholarship,’ ‘Rosita King Ho Scholarship,’ ‘The Hong Kong Jockey Club Chairman’s Scholarship,’ and ‘The Hong Kong Jockey Club Striding On Scholarship,’ as well as Professor Jay Siegel, Vice-President and Pro-Vice-Chancellor (Teaching and Learning) at HKU, and Professor Ian Holliday, Registrar at HKU, were among the guests of honour who presented awards to the students.

Representatives from 11 Consulates-General, including Bangladesh, India, Indonesia, Mongolia, Myanmar, Nigeria, Pakistan, the Philippines, Turkey, Thailand, and Vietnam, attended the event to extend their warm wishes to the student awardees. Representatives from over 30 local secondary schools were also present to celebrate with their former students.

The students awarded have excelled in a variety of fields. They include 55 President’s Scholars. Other scholarships awarded include ‘The Hong Kong Jockey Club Chairman’s Scholarship,’ for students with exceptional academic achievements; the ‘Lee Shau Kee Top Athletes Scholarship,’ for outstanding young athletes admitted to HKU through the ‘Top Athletes Direct Admission Scheme’; and the ‘Belt and Road Scholarship,’ which recognises students coming from Belt and Road countries.

In addition to expressing their happiness at receiving the scholarships, the awardees also look forward to their university life and future career endeavours.

João Davi de Morais, recipient of the HKU Scholarship for Future Leaders from the Bachelor of Arts in Humanities and Digital Technologies programme, emphasised the transformative impact of the scholarship in enabling him to become the first person in his community to pursue international higher education. Raised in Brazil’s seventh-largest vulnerable community, João is a strong advocate for education for underprivileged youth. He presented his journalism work on Brazilian early childhood education at the 80th United Nations General Assembly, where he met the Brazilian Minister of Education and contributed to the announcement of new daycare centres in his home state. João hoped his story would inspire low-income youth to pursue education as a path beyond social barriers, and he remains committed to creating positive change in education as a young leader.

Awarded the HKU Undergraduate Entrance Scholarship for President’s Scholars and currently pursuing the Bachelor of Engineering Elite Programme, Aryan Sokhiya recounted his high school project developing and pitching a gamified platform to address plastic litter. This experience inspired him to see engineering as a discipline that can transform ideas into scalable, real-world impact by connecting people, ideas, and purpose. Aryan expressed his appreciation for HKU’s interdisciplinary approach to tackling technological challenges and thanked the scholarship for providing not only financial support but also opportunities for intentional personal growth.

As a recipient of the Lee Shau Kee Top Athletes Scholarship and a long-jump athlete representing Hong Kong at the 15th National Games of China and the Asian Athletics Championships, Jia Wai Yin Tiffany is now pursuing the Bachelor of Biomedical Sciences. Tiffany shared her unique educational journey as a student-athlete. She credited the perseverance and resilience developed through sports for her academic success and expressed deep gratitude to the University and scholarship for providing flexibility, guidance, and support as she continues to pursue excellence in both athletics and academics.

Naziba Sayem, recipient of the Belt and Road Scholarship from Bangladesh and a Bachelor of Science student, highlighted her mother’s resilience in battling a rare autoimmune disease as the inspiration behind her pursuit of Molecular Biology and Biotechnology at HKU. Despite financial constraints, her parents’ unwavering support for her education encouraged Naziba to remain ambitious and hopeful. As a Belt and Road Scholar, she is proud to represent her country and the spirit of the initiative. Naziba hopes to leverage her education at HKU to contribute to research in Bangladesh and inspire others to overcome challenges, pursue their dreams, and further the values of global cooperation.

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