FinTech

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.

turned-on MacBook Pro

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.

Curlec by Razorpay appoints payments leader Kevin Lee as Malaysia Country Head

Curlec by Razorpay, Malaysia’s payment firm, has on Monday announced the appointment of Kevin Lee as its Country Head.

KAF Digital Bank commences PERINTIS phase for early adopters

KAF Digital Bank has on last Friday started the onboarding of selected public customers with the commencement of the PERINTIS phase, marking a significant step towards redefining Islamic digital banking in Malaysia.

Surfin Meta Digital Technologies completes funding round of $26.5M

Surfin Meta Digital Technologies, a Singapore-headquartered financial technology solutions provider for the underserved, has announced the successful completion of its oversubscribed funding round.