FinTech
Singapore’s 129Knots and Green Link Digital Bank team up to launch global embedded finance initiative for marine fuel
Singapore's fintech firms Green Link Digital Bank (GLDB) and 129Knots have joined forces to launch a global embedded finance program aimed at unlocking liquidity in the marine fuel industry.
Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter
Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.
Singapore’s Chocolate Finance secures $15M Series A+ funding to propel regional growth
Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.
Mastercard: 99 percent of Malaysians are likely to use emerging digital payment methods in the next year
Digital payments adoption is fast gaining traction locally as Malaysians adopt innovative payment options and leapfrog into mobile-first ecosystems, a new research by Mastercard showed Tuesday.
Malaysia’s Ryt Bank selects Provenir for AI risk decisioning
Provenir, a global artificial intelligence (AI) risk decisioning software firm, announced Tuesday it has partnered with Ryt Bank, a Malaysia-based AI-powered bank, to support the bank’s mission of delivering fast, simple, and innovative banking services.
Grab PH partners PDAX, Triple-A to add cryptocurrencies on GrabPay wallets
Grab has partnered with payments provider Triple-A and digital asset exchange PDAX, to enable Grab users in the Philippines to top up their GrabPay wallets using cryptocurrencies.
Singapore’s HeyMax acquires krip to accelerate regional expansion
HeyMax, a loyalty and travel rewards platform based in Singapore, announced Wednesday that it has acquired krip, a Hong Kong-based fintech firm with integrated credit card benefits platform, to accelerate regional expansion.
Maybank foresees Grab’s GMV and loan-book growth to accelerate in Q2
Maybank Investment Bank has foreseen Grab's gross merchandise value (GMV) and loan-book growth to accelerate in the second quarter.
Malaysia launches Global Impact Challenge 2025 for financial solutions to address social, climate issues
Bank Negara Malaysia (BNM) and Malaysia International Islamic Financial Center (MIFC) Leadership Council have teamed up to launch Global Impact Challenge 2025 to call for impact-driven financial solutions with propositions to strengthen social resilience and address climate challenges.
Ant International partners Citi to pilot AI-enabled forecasting solution to enhance FX risk management for airline customers
Ant International and Citi announced last Friday that they are piloting the use of Ant International's Falcon Time-Series Transformer (TST) Model to deliver an enhanced foreign exchange (FX) risk management solution for their customers.
