FinTech

From 11 to 2,500 employees: The trials of hypergrowth

What’s harder for modern companies—growing fast or not losing themselves in the process? Nikolay Mironenko, an engineer who helped Wise grow from 11 to 2,500 employees and then built a technical team from scratch at Moss, knows the answer. In this article, he shares how to scale a business without drowning in chaos, bureaucracy, and a loss of focus.

Singapore’s Aspire integrates with Stripe to boost businesses payment

Aspire, the Singapore-based finance platform for businesses, has integrated with Stripe, a global financial infrastructure platform, to offer businesses more ways to receive payments—faster and seamlessly.

UnionPay partners CIMB to improve payment services in Malaysia

Chinese payment firm UnionPay International (UPI) and Malaysian lender CIMB Bank Berhad have entered into a memorandum of understanding (MoU) to improve payment services in Malaysia.

Singapore Tourism Board partners Wise to boost travel to Singapore, offer greater value for Malaysian travelers

The Singapore Tourism Board (STB) and global technology company Wise have announced a strategic partnership to promote travel to Singapore and increase tourism spending by offering greater value to Malaysian travelers.

Paynet and FAOM collaborate to accelerate FinTech innovation in Malaysia

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network and central infrastructure provider, has signed a memorandum of understanding (MoU) with the Fintech Association of Malaysia (FAOM), the country’s fintech industry body, to collaboratively advance innovation and drive growth within Malaysia’s financial technology (fintech)…

Singapore’s Trust Bank narrows losses amid increased revenue

Trust Bank, the Singapore-based digital bank, said Friday that it has narrowed its operating losses amid increased revenue.

Ant International launches tokenized deposit solutions for real-time treasury management with HSBC

Singapore-based Ant International announced Thursday its collaboration with HSBC on the bank’s new tokenized deposit service in Hong Kong.

Airwallex’s $6.2B valuation soars with $300M Series F backing

Airwallex, the global payments and financial platform, has completed a $300 million Series F funding round at a $6.2 billion valuation.

Alibaba Cloud joins forces with PayNet to power Malaysia’s first fintech-focused hub

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its partnership with Payments Network Malaysia Sdn Bhd (PayNet) as a Cloud Partner for its newly launched PayNet Fintech Hub – Malaysia’s first dedicated fintech-focused community and accelerator.

Indonesia’s Ringkas secures $5.1M funding to advance AI-driven mortgage solutions across Southeast Asia

Ringkas, an Indonesia-based mortgage financing platform, has announced the closing of a Pre-Series A round at $5.1 million.