FinTech

Chinese digital payment firm Ant Group has officially welcomed seven new leading e-wallets and payment apps from Asia to the “Alipay+-in-China” Program (A+China Program). The new additions bring the total number of overseas e-wallets accepted in the Chinese mainland to ten.

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has launched audax Financial Technology (audax), a digital banking technology solutions provider. The platform is designed to empower banks and financial institutions to accelerate their digital transformation, deliver new business models, serve new customer segments and…

Bank Mandiri is collaborating with the fisheries startup FishLog to support MSMEs.

Analysts of UnaFinancial has projected that share of fintech in the gross domestic product (GDP) of Singapore will reach 3.56 percent in 2027. In 2022, 0.32 percent of Southeast Asia (SEA)’s GDP consisted of venture and other investments in the fintech industry. By 2027, this share is projected to reach 1.65 percent, growing five times.

The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.

This partnership aims to strengthen investor protection in the digital asset space while supporting the development of Hong Kong’s digital asset market with advanced tech-enabled solutions.

The acceptance of three new mobile wallets, via Alipay+, comes as travellers return to the Philippines.

PT Super Bank Indonesia (Superbank) and Genesis Alternative Ventures (Genesis), Singapore-based venture lender, have launched a financing solution, with both entities committing up to IDR 600 billion ($39.38 million) to back innovative Indonesian startups.

Indian digital payments and financial services company PhonePe, has on Wednesday announced its foray into stock broking with Share(dot)Market, under its subsidiary PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market elevates discount broking by providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and great…

Singapore-based fintech startup Qashier announced Wednesday that it has secured $10 million in a Series A funding round. The funding round was co-led by Delivery Hero Ventures, an independent venture capital fund backed by Delivery Hero, the world’s leading local delivery platform, and IFP Securities.