FinTech

Bigpay launches cash pickup services in Indonesia and the Philippines to drive convenient remittances

BigPay, a Southeast Asian fintech company, announced on Tuesday the launch of its Cash Pickup services in Indonesia and the Philippines, as an added feature to its existing remittance feature. Cash Pickup is a delivery method through which BigPay users can transfer money to another recipient without a bank account, allowing the recipient to collect the…

Airasia Super App launches closed-loop e-wallet platform

The airasia Super App announced Friday a brand new feature, the airasia pocket which is a closed-loop electronic wallet (e-wallet) within the super app that enables users to reload and make payments for all the products and services on the app while being rewarded at the same time.

Bluesheets raises $4M as it builds automation infrastructure for businesses globally to better manage financial data and workflows

With the funding, Bluesheets looks to reach more businesses in international markets, expand the use cases of its software, and expand its global team across functions to achieve this further growth.

Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants

Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.

Indonesia’s Flip raises $55M in second Series B round led by Tencent

Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly Square, Inc.) and existing investor Insight Partners.

Singapore alternative funding startup Jenfi launches in Indonesia

Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes Vietnam.

China’s regulator denies conducting work on Jack Ma’s Ant IPO revival; Ant says no plan to initiate IPO

The CSRC, however, also said that it "supports qualified platform companies to list within China and overseas".

Alipay+ partners ComfortDelGro for foreign mobile payments in Singapore

ComfortDelGro Taxi and Alipay+ announced Wednesday a partnership that enables mobile payments from Malaysia and South Korea, namely the Touch ‘n Go eWallet and Kakao Pay, to be accepted as cashless payment options in all its Comfort and CityCab taxis. Users of these mobile wallets can pay for the cab fare simply through the wallet apps without the need to…

Razer Fintech acquires Indonesian digital payment firm E2Pay

Razer Fintech’s acquisition of E2Pay expands the organization’s digital payment solutions into Indonesia, one of the region’s fastest-growing digital economies in the world.

ADDX is first Singapore financial institution to recognize crypto assets of accredited investors

Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purpose of onboarding accredited investors.