Grab-backed GXBank unveils beta bank app

GX Bank Berhad (GXBank), the Grab-backed Malaysian digital bank, is officially rolling out its beta app to selected 20,000 Malaysians users effective November 14, 2023. This comes…

Dubai launches $136M venture capital fund designed to finance technology startups

The Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of a venture capital (VC) fund worth $136 million. The fund is designed to finance technology…

The trifecta effect: Fostering consequential conversations at the intersection of policy, technology, and finance

To drive the global fintech industry in the #Web3 era, there is a pressing need to foster a more timely and synergistic dialogue between policymakers, technologists, and financial…

Singapore’s CapitaLand India Trust secures $157M to develop Navi Mumbai data center

Singapore's CapitaLand India Trust (CLINT) has secured a five-year construction loan of INR13 billion ($157 million) from J.P. Morgan India to finance phase 1 development of its…

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The promising and challenging terrain of embedded finance in Southeast Asia

In the rapidly evolving world of financial technology, few themes resonate as powerfully as embedded finance. It stands as a beacon that enables truly seamless and frictionless…

AIZEN Global and Grab forge partnership in mobility finance

AIZEN Global, a South Korea-based artificial intelligence (AI)-powered financial services, has announced a strategic partnership agreement with Grab, Southeast Asia's leading…

Grab delivers first adjusted profitable quarter as topline continues to grow

Southeast Asia superapp Grab said Thursday it has delivered the first adjusted earnings before interest, taxes, depreciation (EBITDA) profitable quarter as topline continues to…

American Express expands Singapore Decision Science Center of Excellence

American Express has on Thursday announced it is deepening its investment in artificial intelligence (AI) with the expansion of the Singapore Decision Science Center of Excellence…

Airwallex sees strong growth momentum in Singapore, reports 13 times of revenue growth

Global payment firm Airwallex has seen strong growth momentum in Singapore as businesses recovered from the pandemic and the world reopened. In the first half of 2023, Airwallex…

Wise Platform partners Agoda to provide payment options for travellers

Wise Platform, Wise’s infrastructure solution for banks and major enterprises, has joined forces with Agoda, a digital travel platform, to provide faster and more convenient…

Meet the Speakers: TrustBridge Forum on Bridging Trust and Value for a Connected Digital Future

The TrustBridge Forum, scheduled for November 15, 2023 at the prestigious Park Avenue Changi Hotel in Singapore will have an exciting agenda and lineup of speakers. The forum is…

Singapore’s BondbloX raises $6M in Series B funding round

Singapore-based Fintech BondEvalue Pte. Ltd. (BondbloX) has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as…

Vietnam’s GSM launches electric taxi service in Laos

Green and Smart Mobility JSC. (GSM), a ride-hailing firm founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has launched its pure electric taxi service in…

MRANTI opens autonomous vehicle experimental lab to accelerate Malaysia’s mobility sector development

Malaysian Research Accelerator for Technology & Innovation (MRANTI), through the Ministry of Science, Technology and Innovation (MOSTI), on Thursday launched the country’s…