FinTech

The program is a pre-pilot designed to improve payment transparency in cross-border payments, by exploring the business scenarios on cross-border end-to-end transactions tracking through banks, PSPs and tracking on e-wallet use cases.

Explore the defining tech stories of 2024 in the Asia-Pacific region, as TNGlobal highlights groundbreaking advancements in AI, notable startup funding, sustainability initiatives, and corporate realignments. Discover how these developments are shaping the future of technology and innovation, positioning the region as a global leader in progress and…

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.

When leveraged effectively, data holds the key to increased profit, boosted productivity, and improved customer service. Conversely, when timely and reliable access to this data is removed, by malicious or unintentional means, the negative reputational and business impact can be disastrous.

GORO’s admission into the OJK Regulatory Sandbox is a pivotal step forward, showcasing its business model’s compliance with Indonesia’s highest regulatory standards. With less than 10 percent of 275 million Indonesians participating in investments, GORO aims to democratize property investment, empowering tens of millions to enter the market.

Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.

Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.

The company intends to list in the second half of next year, Bloomberg reported. An IPO of that size would likely make it the biggest ever in the country.

Global crypto demand is skyrocketing, with users reaching 560 million by mid-2024 — a 30 percent year-on-year increase. Crypto market capitalisation has surged nearly 90 percent, surpassing $2.3 trillion. Bitcoin hit record highs following the US presidential election, driven by expectations of crypto-friendly policies from the new Congress.

This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first close led by Peak XV Partners in July 2024 with participation from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.