FinTech
IFC partners Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains
International Finance Corporation (IFC) has partnered with Hong Kong-based supply-chain services provider in the apparel and general merchandise industry Li & Fung and its affiliate LFX to support small and medium-sized enterprise (SME) growth and digitalization in Asia's supply chains.
Singapore and Cambodia initiate Financial Transparency Corridor initiative
The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have on Tuesday announced the start of the Financial Transparency Corridor (FTC) initiative between Singapore and Cambodia.
Accion Digital Transformation Fund invests $17.5M in Indonesian microfinance technology company Amartha
Global nonprofit Accion has on Tuesday announced a $17.5 million equity investment from the Accion Digital Transformation Fund in Indonesian microfinance technology company, Amartha.
Fintech entrepreneurs launch foreign exchange risk management firm Instantia with VNG backing
Industry veterans Richard Poulton and Danny Pezeshki have joined forces with Vietnamese tech titan VNG to launch foreign exchange (FX) risk management firm Instantia that based in Australia.
Temasek invests up to $198M in Australian financial services firm Betashares
Betashares, an Australian financial services company, has on Monday announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to AUD 300 million ($198M) in Betashares.
Alipay+ expands global merchant coverage for partner E-wallets for UEFA EURO 2024
As official payment sponsor of UEFA EURO 2024TM, Alipay+, the cross-border mobile payment and digitalization technology solutions operated by Ant International, alongside global partners, is gearing up for an action-packed summer.
Dubai’s real estate fintech platform Stake secures $14M in Series A funding led by MEVP
Stake, a Dubai-based digital platform for real estate investment, has on Monday announced that they have raised $14 million in funding led by Middle East Venture Partners (MEVP).
Primer bolsters China presence with strategic appointments to capture growing cross-border payments demand
Primer, a global fintech firm, has on Tuesday announced key strategic appointments to meet demand of Chinese businesses looking to capture a slice of the huge cross-border payments opportunity.
Indonesia’s JULO on track to disperse $650M in 2024, launch neobank
JULO, an Indonesia-based digital financial services platform, announced Tuesday that it has achieved significant loan disbursement growth and on track to disburse more than $650 million in 2024.
Y-combinator-backed fintech startup Elevate secures $5M to expand operations
Elevate, a Y-combinator-backed fintech startup headquartered in London and Dubai, has successfully raised $5 million in financing to expand its operations in the Philippines.
