FinTech

Boost Bank officially launches digital bank app to Malaysians

Boost Bank by Axiata and RHB (Boost Bank), a homegrown digital bank, has on Thursday announced the launch of its digital bank app to Malaysians.

India’s Fibe raises $90M in Series E funding led by TR Capital, Trifecta Capital and Amara Partners

Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round.

Hong Kong’s Mezzofy raises $2M Pre-series A funding round to drive market expansion, product advancement

Hong Kong-based digital coupon platform Mezzofy has on Wednesday announced the completion of Pre-series A funding round of $2 million to bring the start-up's global expansion plan to life and support its product advancement for the web3 future.

Singapore’s Nium raises $50M in Series E round to expand real-time payments global infrastructure

Nium, the Singapore-based real-time cross-border payments, has on Wednesday announced it has raised $50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the company at $1.4 billion post-money

Alipay+ partners Khan Bank to enable digital payment of 12 International e-wallets in Mongolia

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, has partnered with Mongolian full service bank Khan Bank to enable digital payment of 12 international e-wallets in Mongolia to drive tourism and merchant growth.

Remote, Nium Join forces to power global workforces with real-time cross-border payments

Remote, the global human resource (HR) platform for distributed companies, has selected Nium, the Singapore-based real-time cross-border payments platform, to enhance its international payroll capabilities.

Singapore’s iPiD closes oversubscribed $5.3M Pre-Series A round

International Payment Identity (iPiD), a Singapore-based fintech firm, announced Wednesday it has secured $5.3 million in a Pre-Series A funding round. This oversubscribed round was led by early stage tech-focused venture capital firm, Monk’s Hill Ventures.

This Malaysian FinTech startup has been getting funding from Japanese investors. What’s the plan ahead?

In the interview, Soft Space Chief Strategy Officer Chris Leong also shared the company’s challenges, its path to profitability, competitive advantage, the trends he sees in the financial infrastructure space, among others.

Alipay+ partners Hyundai Department Store to enhance payment benefits for global tourists to Korea

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, will embark on joint marketing withHyundai Department Store. The two parties are aiming to expand customer interaction and strengthen their global positions through holding a pop-up store at The Hyundai Seoul, now a globally established…

Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China

Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have launched the International Consumer Friendly Zones program in Shanghai.