FinTech
Visa partners GHL to offer consumers instalment options for in-store purchases in Malaysia
Global digital payments firm Visa has announced its partnership with Malaysia-based payments company GHL Systems Berhad to enable Visa Instalments for in-store purchases, a first of its kind initiative in Asia Pacific.
Yangzijiang Financial works with ADDX on capital markets products distribution
Singapore private market exchange ADDX has inked a memorandum of understanding (MOU) with Singapore-listed financial firm Yangzijiang Financial Holding Ltd for the distribution of capital markets products.
India’s Growfin raises $7.5M Series A funding led by SWC Global
Indian fintech startup Growfin has on Tuesday announced a $7.5 million Series A funding round to provide real-time visibility and predictability in cash flow for modern Chief Financial Officers (CFOs).
Grab retires $600M in 2026 debt with extra cash – report
The Singapore-based ride-hailing and delivery company completed the transaction last week, bringing its debt under an outstanding term loan to $517 million, down from the previous balance of $1.117 billion. Grab also has about $200 million in other bank debt.
Singapore’s Endowus launches community impact initiative
Endowus, a Singapore-based digital wealth platform, has launched a community impact initiative, Endowus Empower. This initiative aims to provide underrepresented, underserved, and underprivileged groups with the right tools, advice, opportunities, and community support to reach their wealth and life goals.
Creating a more equitable financial system with inclusive fintech
Inclusive fintech has the potential to revolutionize the financial industry and create a more equitable and just financial system for all. By using technology to provide financial services to underserved and unbanked populations, we can help break down barriers and promote financial inclusion for all.
FOMO Pay has officially become the member of Singapore Clearing House Association (SCHA)
FOMO Pay, a Singapore-based major payment institution, has on Monday announced its official membership in the Singapore Clearing House Association (SCHA), a prestigious organization comprising the Monetary Authority of Singapore (MAS) and elected financial institutions.
Singapore’s iLex closes $4.5M Pre-Series A round led by QBN Capital
ILex, a Singapore-based market infrastructure provider for syndicated loan and private debt markets, has on Thursday announced it has raised $4.5 million in new capital. The round was led by QBN Capital, with participation from existing and new investors.
Grab has liquidity to drive operations, says S&P Global Ratings
The stable rating outlook on Grab reflects S&P Global Ratings' view that the company will maintain sufficient liquidity to tide it through until it reaches positive EBITDA and cash flow by 2025.
SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report
Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.
