TechNode Global Staff

Canadia Impact Fund launches in Cambodia with debut investment in Jalat Logistics

Cambodia’s technology sector has taken a landmark step into ASEAN’s corporate-venture-capital (CVC) ecosystem with the launch of Canadia Impact Fund Co. (CIFC), a new investment fund backed by Canadia Group, a diversified conglomerate.

Australia’s BC Payments secures MPI license from MAS

Australia-based Banking Circle S.A. (Banking Circle) announced Wednesday that its wholly owned subsidiary BC Payments Pte. Ltd. (BC Payments Singapore) has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS).

US’s Boku launches Innovation Hub in Singapore to provide cross-border payment solutions

Boku, the global network for localized payment solutions, announced Wednesday the launch of its Innovation Hub in Singapore.

Singapore’s Nium to join Visa’s stablecoin settlement pilot to support its cross-border payments

Nium, the Singapore-based fintech firm, announced Wednesday it has elected to participate in Visa’s stablecoin settlement pilot, an initiative that enables select partners to settle with Visa using stablecoins across supported blockchains.

DBS and Kinexys by J.P. Morgan to develop framework for interbank tokenized deposit transfers across multiple blockchains

Singapore-based lender DBS and Kinexys by J.P. Morgan are exploring the development of an interoperability framework to enable tokenized value transfers between both banks’ on-chain ecosystems – DBS Token Services and Kinexys Digital Payments.

Philippine OneLot raises $3.3M in funding co-led by Accion Ventures and 468 Capital

OneLot, the Philippines’ financing platform for used car dealers, has raised $3.3 million in seed funding to expand affordable financing and digital tools for independent dealerships.

GFTN Capital partners Accion to advance inclusive FinTech

GFTN Capital Pte. Ltd., a growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Tuesday a strategic alliance with Accion, a global nonprofit that supports innovative financial service providers in building a more inclusive world.

MAS and UK FCA announce partnership on AI-in-Finance

The Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) have on Wednesday announced a new strategic partnership on artificial intelligence (AI) in Finance between Singapore and the United Kingdom (UK).

Finmo, Standard Chartered team up to integrate global currency accounts

Finmo, the Singapore-based treasury operating system firm, has partnered with Standard Chartered, an international banking group, to launch global currency account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.

Singapore’s Anomaly Bio raises $2.6M in pre-seed funding led by Pebblebed Ventures

Singapore-based biotech startup Anomaly Bio has raised $2.6 million in pre-seed funding led by the United States-based Pebblebed Ventures.