FinTech

Funding Societies, the Singapore-based small and medium enterprise (SME) digital financing platform, has partnered with Food Market Hub and Supply Bunny, two solution providers for food and beverage (F&B) supplies in Malaysia, to launch a new business-to-business (B2B) embedded financing program.

Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG).

Apple's launch of BNPL service came at a time when some see the hype around BNPL is fading. During or even before the pandemic, BNPL has seen strong growth in Europe, United States, Australia and Southeast Asia, although it is starting to stir concerns among regulators that it could cause youngsters, who are often seen as financially naive, to overspend and…

Filipino fintech Advance has successfully secured $16 million in a pre-Series A funding led by Do Ventures out of Vietnam and Lendable, a technology-enabled investment and debt provider to fintechs in emerging markets.

Malaysia-based financial planning firm Advisonomics has joined hands with cloud payroll and human resource software provider Kakitangan.com to work together in making the CashKu digital financial planning app accessible to more people.

United States-based fintech firm Vemanti Group has chosen United Kingdom-based financial software company Finastra to help build Southeast Asia’s first small and medium-sized enterprise-focused neobank.

Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, has on Thursday announced that it has raised $270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close.

Philippine-based UNO Digital Bank has partnered with Philippine mobile wallet app GCash to integrate its services in GSave.

Vietnamese digital payment firm MoMo and American multinational financial services company have on Monday announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app.

PhonePe, one of India’s largest fintech platforms, has on Friday announced it has raised additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion.