FinTech
Philippines’ Voyager Innovations raises $210M at a valuation of $1.4 billion
Voyager Innovations (Voyager), a technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, said Monday it has raised $210 million in new funds, propelling its valuation to unicorn plus status at nearly $1.4 billion. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm of SIG.…
Indonesia tech giant GoTo shares close 13% up on market debut
GoTo previously said it is also considering a listing in another market such as the US, according to earlier reports.
Singapore’s ZA Tech invests in Indonesia first Sharia digital bank Aladin Bank
ZA Tech Global Limited (ZA Tech), a Singaporean technology venture founded by ZA International and backed by Softbank’s Vision Fund 1, has become the latest strategic partner to collaborate with Aladin Bank as an investor and a business partner, and is fully committed to strengthening Aladin Bank’s ecosystem.
Exploring the FinTech revolution in the Philippines
With the right support and innovation, FinTech companies can unlock better access to digital payment solutions, democratized investments, digitized traditional financial services, and even new verticals such as e-commerce for all Filipinos, driving the Philippines’ digital economy to greater heights.
Malaysia’s JurisTech partners with Germany’s Mambu to drive innovation in Malaysia’s digital banking ecosystem
Malaysian FinTech firm JurisTech on Wednesday announced a partnership with Germany-based cloud-native core banking platform Mambu to propel the growth of the digital banking ecosystem in Malaysia. This new collaboration will act as a catalyst for further expansion of the industry, with the result being greater support for both unbanked and underserved…
Singapore’s Pace launches new digital card to simplify BNPL payments for consumers and merchants
Pace Enterprise (Pace), a Singapore-based fintech solutions company with a "Buy Now Pay Later" (BNPL) platform, announced Tuesday the launch of the first-ever virtual Pace Card, a unique payment solution designed to make BNPL payments even simpler and more secure in Asia. The Pace Card is now available in Singapore and will be rolled out to other new…
Indonesia’s GoTo sells majority stake in Philippines e-wallet Coins.ph – report
Gojek had acquired the stake in 2019 when it plans to expand into the Philippines.
Ant-backed e-wallet Touch ‘n Go launches digital personal loan facility
Touch ‘n Go (TNG) Group, a Malaysia-based payment firm that is backed by Jack Ma's Ant Group Co, announced Friday the launch of GOpinjam, an inclusive digital personal loan proposition available through TNG eWallet. This marks TNG eWallet’s first digital lending solutions offering, having previously already launched financial services propositions in…
Australia’s FinTech unicorn Airwallex launches payment services in Malaysia
Australia-based FinTech platform Airwallex announced Thursday the launch of its cross-border payment services in Malaysia, following its grant of a money services business license by Malaysian regulator Bank Negara Malaysia in August last year. Initially, qualified Malaysian businesses will be given access to Airwallex's fast, transparent and cost-effective…
Singapore’s Pace acquires regional BNPL pioneer Rely to strengthen its FinTech position in the region
Pace Enterprise (Pace), a Singapore-based FinTech solutions company with "Buy Now Pay Later" (BNPL) platform, announced Wednesday that it has signed an agreement to acquire the assets of Rely, the home-grown FinTech startup that offers BNPL services in the region, for an undisclosed sum.
