FinTech
GoTyme Bank gets approval to bring digital banking services to Philippines
GoTyme Bank was awarded its Certificate of Authority (COA) to operate as a digital bank by the Bangko Sentralng Pilipinas (BSP) last Friday. The issuance of a COA is the third and final stage involved in establishing a digital bank in the country.
UNOAsia raises additional $11M pre-Series A led by Creador bringing total capital raised to $44.5M
To date, UNOAsia has secured $44.5 million in investment in its pre-seed, seed, and pre-Series A rounds, which includes drawn-down capital of $34 million.
SuperAtom raises $22M to expand its consumer financing platform to new emerging markets
SuperAtom, one of Southeast Asia’s leading fintech platforms, announced on Wednesday that it has raised $22 million in Series C financing led by Malaysia-based digital investment fund Nue 3 Capital.
Indonesia’s IDEAL locks in $3.8M funding co-led by AC Ventures and Alpha JWC
Indonesia-based digital mortgage platform IDEAL announced Wednesday that it has raised a $3.8 million pre-seed funding round co-led by AC Ventures and Alpha JWC. The startup will use the capital injection to focus on product development, hiring, and expanding its offerings.
PayMongo partners with Atome to expand ‘Buy Now Pay Later’ acceptance across The Philippines
PayMongo, a Manila-based online payment processing platform, announced on Tuesday a partnership with Atome Philippines to expand BNPL acceptance among merchants in the country.
MAS and Google Cloud launch Point Carbon Zero Program to catalyse climate FinTech solutions
The Monetary Authority of Singapore (MAS) and Google Cloud have on Tuesday jointly launched the Point Carbon Zero Programme to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.
Malaysia’s TNG eWallet raises $168M funding led by Lazada
Touch ‘n Go Group announced Monday that TNG Digital Sdn Bhd (TNGD), the owner and operator of Touch ‘n Go eWallet, Malaysia’s largest eWallet company, has raised MYR750 million ($168.39 million) from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s…
Aspire partners with Know Your Customer to financially empower SMEs and entrepreneurs across South-East Asia
Aspire, an all-in-one finance operating system for growing businesses in Southeast Asia has joined forces with award-winning RegTech provider Know Your Customer to safely facilitate access to its financial products to underserved SMEs and entrepreneurs in the region.
Singapore’s CrediLinq raises $2.6M co-led by 1982 Ventures and White Venture Capital
CrediLinq, a Singapore-based artificial intelligence (AI) and machine-learning credit underwriting firm, has raised $2.6 million funding co-led by 1982 Ventures and White Venture Capital. The round was further supported by 500 Global, Sequoia Sprouts, Arkana Ventures, GK Plug and Play Indonesia, Sketchnote Partners, Boleh Ventures and EPIC Angels.
Vietnamese fintech startup MFast raises $2.5M funding led by Ascend Vietnam Ventures
Vietnamese financial service app MFast announced Monday it has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia. With the fresh funding, MFast is actively hiring talent across various areas including technology, marketing, and sales to upgrade…
