FinTech
Singapore’s Resolution Ventures announces final close of its FinTech fund
Resolution Ventures, a Singapore-based venture capital firm, has announced the final close of Resolution Fintech Fund I. With its inaugural fund, Resolution Ventures is committed to backing the most promising founders in Southeast Asian Fintech, buildingsolutions that have local, regional, and international applications.
The revolution of AI in forex trading: Ensuring secure and transparent platforms amidst investment scams
#AI has revolutionized various industries, and #forex trading is no exception. In this article, we will explore the numerous benefits that AI brings to forex trading, and highlight the increasing need for secure and transparent #trading platforms to combat the rising threat of #investment scams.
Vietnam’s GIMO raises $17.1M in funding led by TNB Aura to fuel expansion
GIMO, a Vietnam-based FinTech startup, has announced the completion of Series A funding round with total capital raise of up to $17.1 million. The round is led by TNB Aura, with participation from the company’s existing backers including Integra Partners, Resolution Ventures, Blauwpark Partners, ThinkZone Ventures, and Y Combinator.
Atome partners TikTok Shop to drive e-commerce growth in Malaysia
Atome, a Singapore-based digital consumer financing platform, has joined forces with TikTok Shop to revolutionize the e-commerce landscape in Malaysia. This strategic partnership enables businesses of all sizes, but particularly young entrepreneurs and small and medium enterprises (SMEs), to harness the potential of online shopping and foster economic…
Philippine Salmon secures $20M of financing from Argentem Creek Partners
Philippine-based consumer fintech Salmon has on Thursday announced it has secured a $20 million debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling the firm to further scale its lending operations across the Philippines.
Digital bank GXS offers saving accounts in Singapore with maximum deposit amount of $57,000
Singaporean digital bank GXS Bank (GXS) which is backed by superapp Grab Holdings Ltd and communications technology group Singtel, has announced that it has opened up the GXS Savings Account to all eligible individuals in Singapore as the bank ramps up in its next phase of growth.
Explaining fintech’s role in the Philippine economy’s resilient growth
With continuing inflation and growing material demands of #Philippines citizens, their need to close financial gaps in the personal and family budgets will increase. Digital lending services—both from licensed online banks and services offering #BNPL, lines of credit, and other advanced financial products—is a key example, as they are able to handle the…
Singapore’s Thunes extends Series C funding to $72M with support from Visa, EDBI, Endeavor Catalyst
Thunes, the Singapore-based business to business (B2B) payment infrastructure platform, has on Monday announced it has extended its Series C funding to $72 million backed by three prominent investors Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor, have…
AEON Credit Service partners Aeon Financial Service to undertake digital Islamic bank business in Malaysia
Malaysia's financial service firm AEON Credit Service (M) Berhad has partnered Japan-listed financial institution Aeon Financial Service Co. Ltd. (AFS) to undertake the business of a digital Islamic bank in Malaysia.
Malaysia’s CapBay achieves profitability last year, celebrates $220M milestone in P2P financing
CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…
