FinTech
Vietnam-based ABBANK invests in Backbase to launch digital banking platform
Vietnam-based An Binh Commercial Joint Stock Bank (ABBANK) has invested in engagement banking firm Backbase to launch digital banking platform.
Malaysia’s Hong Leong partners China’s WeBank for FinTech and AI banking solutions
Malaysian lender Hong Leong Bank (HLB) has on Friday announced a strategic cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, for FinTech and artificial intelligence (AI).
Aaron Foo steps into new role as Tyme’s Chief Product Officer
Tyme Group, the multi-country digital banking group headquartered in Singapore with over 15 million customers in Africa and South-East Asia, has announced that Aaron Foo, Tyme’s and GoTyme Bank’s Chief Strategy Officer, will be taking on a new role as Tyme’s Chief Product Officer.
Grab-backed Superbank mulling Jakarta IPO this year to raise up to $300M — report
The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.
YTL Digital Bank secures digital banking license to launch in Malaysia
The Ministry of Finance (MoF) of Malaysia has approved the issuance of a digital banking license to YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea Limited.
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.
