FinTech

Futu Holdings Limited has on Tuesday announced its expansion into Malaysia with its super investment platform, moomoo, introducing a comprehensive suite of tech-driven offerings to promote financial inclusion.

Philippine-based consumer finance app BillEase, is now available as a payment option on Agoda, a global digital travel platform, giving Filipino travelers more flexibility to pay in installments even without a credit card. This integration is enabled by Alipay+, a global cross- border digital payments and marketing solution operated by Ant Group.

Monetization plays a crucial role in the mobile gaming industry, as it is the primary way developers generate revenue. While many mobile games are free to download and play, developers can monetize their games by offering in-app purchases, display ads, or a combination of both.

2C2P, a Thailand-based payments platform, has announced a partnership with Cambodian financial solutions provider AMK Microfinance Institution (AMK), to expand the easy2send international remittance service between Thailand and Cambodia.

Bukalapak's fintech joint venture firm BMoney has launched stocks trading feature and special programs for the premium user segment "BMoney Privilege" in collaboration with securities company CGS-CIMB Sekuritas Indonesia.

Jenfi, a Singapore-based fintech firm has raised $6.6 million in a successful Pre-Series B fundraising round led by Headline Asia.

Wibmo, a subsidiary of PayU, has partnered with MobilityOne, a Malaysia-based payment firm, to support the issuance of Mastercard prepaid cards through its prepaid platform Wibmo Hexa. The duo are set to foray into the Malaysian prepaid card market and offer various prepaid programs catering to consumer, corporate, government and the health sector.

Global payment firm Mastercard has on Tuesday opened its new office and launch of its data and services (D&S) hub in Kuala Lumpur, which will serve clients across the Asia Pacific region with a suite of offerings beyond transactions.

Stripe, a United States-based financial infrastructure platform for businesses, has on Monday announced a partnership with messaging service WhatsApp, that allows Singapore businesses to accept payments directly in WhatsApp chats.

Japanese bank Sumitomo Mitsui Banking Corporation (SMBC) has co-founded the corporate venture capital fund “SMBC Asia Rising Fund” (CVC) with Tokyo-based venture capital firm Incubate Fund (IF) in the Singapore for the purpose of accelerating business development and partnerships through investments in high potential Asian start-ups.