FinTech
Malaysia’s Heitech Padu terminates 30% stake acquisition in Souqa Fintech
Malaysia-based technology firm HeiTech Padu has terminated its plan to acquire 30 percent stake in Islamic payment firm Souqa Fintech.
Bursa Malaysia, TNG Digital, Affin Hwang Investment team up to launch equities market trading feature within the TNG eWallet
Bursa Malaysia Berhad, TNG Digital Sdn. Bhd., and Affin Hwang Investment Bank Berhad have on Tuesday announced the launch of e-Trade, the first equities market trading feature within the TNG eWallet.
Maybank partners Bank of Hangzhou to enhance cross border financing, advancing AI, digital innovation
Malayan Banking Berhad (Maybank) has announced on Thursday announced a strategic collaboration with Chinese lender Bank of Hangzhou to enhance cross border financing and advancing artificial intelligence (AI), Digital innovation.
Filipino fintech firm Salmon completes $30M Series A-2 financing round
Salmon intends to allocate a portion of the proceeds to strengthen the capital base of the Rural Bank of Sta. Rosa (Laguna), with plans to increase the bank's total capital to PHP 1.2 billion by the end of 2025.
IFC invests $7M into Philippine technology firm First Circle
The International Finance Corporation (IFC) has invested $7 million into First Circle, a technology company providing smart banking solutions to small and medium-sized enterprises (SMEs) in the Philippines.
Singapore’s Sleek secures $5M in debt financing led by Fintech Nation Fund
Singapore FinTech firm Sleek has secured $5 million in debt financing, led by the Singapore-based Fintech Nation Fund, to power its continued growth.
HeiTech Padu acquires 30% stake in Islamic payment firm Souqa Fintech for $3.94M
Malaysia-based technology firm HeiTech Padu has proposed to acquire 30 percent stake in Islamic payment firm Souqa Fintech for MYR 16.17 million ($3.94 million).
Lendela’s Bryan Tay on maximizing financial flexibility for SMEs [Q&A]
In this TNGlobal Q&A, Lendela's Bryan Tay shares his insights on how borrowers can capitalize on potential rate cuts, refinance existing loans, and secure more favorable financing terms. He explains the importance of transparency in lending, how #SMEs can avoid common pitfalls, and the role fintech platforms like Lendela play in leveling the playing field…
Himalayan Bank collaborates with Ant International to expand Alipay+ acceptance in Nepal
Alipay+ will be accepted at more than 25,000 local merchants, allowing travellers from 10 countries and regions to enjoy a convenient and cashless experience as they travel across Nepal simply by scanning the MOCO Unified QR Code.
Singapore’s audax Financial Technology and Synpulse establish strategic partnership
This joint solution provides a dual-mode approach to banking infrastructure modernisation, designed to seamlessly coexist alongside the existing infrastructure of incumbent financial institutions.
