FinTech

Standard Chartered partners Ant Group to promote global sustainable development

Standard Chartered and Ant Group have entered into an agreement to deepen their partnership in driving green and inclusive finance, global fund management and sustainable development. Both parties will jointly contribute to tackling global issues such as climate change and ocean protection.

Malaysia’s Capital A seals partnership with Philippine’s UnionDigital Bank

Malaysia-based multinational low-cost airline Capital A is entering into a partnership with UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, involving three key subsidiaries, namely AirAsia, airasia Superapp, and BigPay.

Malaysia’s airasia Superapp 2Q average monthly active users up 40 percent on year to 15M

Airasia superapp continued to gain strong momentum, recording its highest quarterly average monthly active users (MAU) of 15 million in the second quarter of 2023, up 40 percent year on year. This led to a 102 percent year on year jump in the number of transactions at 7.9 million.

United Kingdom and Singapore enhance cooperation in sustainable finance, FinTech

United Kingdom and Singapore have agreed to enhance cooperation in sustainable finance and FinTech. They have agreed to contribute to efforts to develop global regulatory standards for crypto and digital assets as part of international standard setting bodies such as IOSCO, and working groups under the Financial Stability Board (FSB), and welcomed the FSB…

Animoca Brands to invest $30M in Hong Kong Web3 financial app hi

Hi, the Hong Kong-based Web3 financial app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, Animoca Brands will invest $30 million in hi and collaborate on a number of…

Former Lazada CEO Ray Alimurung joins Philippine sari-sari store enabler Packworks’ Board of Advisors

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, has welcomed Ray Alimurung, former Lazada Chairman and Chief Executive Officer (CEO), to its Board of Advisors.

Singapore’s SUNRATE closes Series D-2 funding round led by Sequoia Capital Southeast Asia

SUNRATE, a Singapore-based intelligent global payment and treasury management platform, announced Thursday that it has raised an extended Series D (Series D-2) funding round from Sequoia Capital Southeast Asia (now known as Peak XV Partners).

GoTo Financial launches GoPay app in Indonesia

GoTo Financial, GoTo's financial technology business unit, has officially launched the GoPay app in Indonesia, as part of its commitment to provide financial services for more people across the country, including those who are not Gojek and Tokopedia users.

NTU, Ant Group collaborate on privacy-preserving computing research

Chinese financial services firm Ant Group and Nanyang Technological University, Singapore (NTU Singapore) have begun a research collaboration to explore privacy-preserving computing technology innovations.

Wise Platform expands APAC footprint with nine new integrations in six months

Wise Platform, Wise’s infrastructure offer for banks andnon-banks alike, has on Wednesday announced its continued expansion in Asia Pacific (APAC), integrating with nine partners in the first half of 2023. The firm has also launched a new feature to help enterprises and theircustomers spend and manage money in multiple currencies.