FinTech
E-commerce platform Shopee partners Malaysia’s Takaful IKHLAS to offer Shariah-compliant motor insurance
The latest addition to Shopee’s growing suite of digital insurance and takaful offerings, IKHLAS Private Car Comprehensive Plus Takaful, aims to provide holistic, Shariah compliant motor takaful protection to users.
Moomoo and TradingView team up for trading integration
Global fintech trading and wealth management platform Moomoo has partnered with United States-based charting platform and social network for traders TradingView, to deliver seamless trading integration.
Indonesia’s Skor Technologies raises $6.2M in pre-Series A funding led by Argor Capital
Skor Technologies, the parent company of Indonesia-focused Skorlife and the new Skorcard credit card, has raised $6.2 million in its latest Pre-A round.
KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operations
The operating entity, which is now formally known as KAF Digital Bank, seeks to deliver a robust and resilient banking infrastructure that underpins the trust and expectations from Malaysians.
Tracxn : Southeast Asia’s FinTech funding drops 23 percent in 2024
Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a 23 percent drop from $2.1 billion in 2023 and a significant 75 percent decrease from $6.3 billion in 2022, Tracxn said Monday.
Green Packet secures digital lending license in Malaysia
Malaysia-listed tech firm Green Packet has secured a digital lending license from Malaysian government.
China’s Skyee receives IPA for MPI license from MAS
Skyee Pte. Ltd. has on Monday announced that it has been granted in-principle approval (IPA) for the major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).
Singapore’s Endowus raises additional $17.5M, bringing latest fundraising round to over $50M
Singapore-based digital wealth advisory platform Endowus has announced an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5 million.
Vietnam and Laos launch framework for local currency settlement and cross-border QR code payment connectivity
Vietnam and Laos have launched a framework for local currency settlement and cross-border QR code payment connectivity, the State Bank of Vietnam (SBV) and the Bank of the Lao P.D.R. (BOL) said on Friday.
Hong Kong’s Reap receives in-principle approval for MPI license from MAS
Reap, a Hong Kong-based payment technology provider, announced Friday that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the major payment institution (MPI) license for its Singapore entity, Reap Singapore.
