FinTech
Tencent-backed fintech firm Primer reports 239 percent year-on-year growth in payment volume in APAC
Primer, the Tencent-backed fintech firm, has announced that it has ‘set down roots’ in Singapore, incorporating in the city state following a strong year of growth in Asia-Pacific, which saw a 239 percent increase in payment volume.
Ant International partners with Barclays on global treasury management with proprietary AI-powered FX model
Singapore-based financial technology firm Ant International has entered a partnership with the United Kingdom bank Barclays to enhance efficiency and resilience in global treasury management for businesses.
Singapore’s Seedflex raises $3.2M in a seed extension round co-led by Z Venture Capital, Iterative
Seedflex Technologies, a Singapore-based fintech platform co-founded by two former Grab executives, has raised a $3.2 million seed extension round co-led by Z Venture Capital (ZVC) and Iterative.
PayNet launches Fintech accelerator to catalyze and support industry growth in Malaysia
Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub).
Boost Bank disburses $35.52M to hundreds of SMEs in Malaysia
Malaysia's digital bank Boost Bank said Tuesday it has disbursed close to MYR 150 million ($35.52 million) financing disbursements across hundreds of small and medium-sized enterprise (SMEs).
Digido: Filipinos spent 1.54 billion seconds using digital lending apps in 2024
About 1.54 billion seconds were spent by persons in using non-bank digital lending applications in the Philippines in 2024, according to new analysis from Digido.
Singapore’s XWeave raises $3M in seed round led by Jungle Ventures
XWeave, a Singapore-based cross border payments through stablecoins, announced Monday a $3 million seed funding round led by Jungle Ventures via First Cheque@Jungle and Lightshift.
Finance has a new ally: AI that catches what humans miss
The financial world moves fast. Errors move faster. And regulators are paying attention. AI isn’t just a competitive edge anymore, it has become a necessity. For finance teams, it's time to stop playing catch-up and start getting ahead of the curve with AI as their ally.
Singapore’s Thunes raises $150M in Series D funding led by Apis Partners and Vitruvian Partners
Thunes, the Singapore-based payment firm, has announced the successful raise of its $150 million Series D funding led by global private equity firms Apis Partners and Vitruvian Partners.
Financial Inclusion in Asia Projected to Reach 80% by 2030 – analysts
The financial inclusion in Asia is projected to reach 80 percent by 2030, analysts at digital financial solutions provider UnaFinancial said Wednesday.
