FinTech
Indonesia’s LinkAja secures strategic investment from Mitsui
Indonesian digital wallet LinkAja announced its corporate action on Wednesday by securing strategic investment from Mitsui & Co., Ltd. (Mitsui).
Helicap partners Crowd Credit to pump $50M into Southeast Asia for Japanese investors
Japanese financial services company Crowd Credit Inc has parntered with Singapore's fintech firm Helicap Pte Ltd (Helicap) to pump $50 million into Southeast Asia for Japanese investors.
Japan’s GMO Financial Gate invests in Malaysia’s FinTech firm Soft Space
Soft Space, Malaysia-based fintech-as-a-service (FaaS) company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc, one of Japan’s largest payment processing companies. Soft Space said in a statement on Monday that this investment from GMO-FG comes before Soft Space’s planned Series C funding round, aimed at…
Singapore’s Doxa inks deal with Maybank for supply chain financing in construction sector
Malayan Banking Berhad (Maybank) has inked a deal with Singapore-headquartered fintech firm Doxa Holdings International (Doxa), to collaborate on providing and elevating supply chain financing (SCF) solutions for market players in the building and construction sector, and later expanding into other industries.
Thailand’s Gulf Energy to apply digital bank license with partners, including telco giant AIS, Krungthai Bank – report
Bank of Thailand said interested applicants can submit their application for a virtual bank license to the central bank from March 20, 2024 to Sept 19.
Singapore’s Thunes expands strategic collaboration with Visa
Thunes, a Singapore-based cross-border payments company, has on Thursday announced its deepened strategic collaboration with Visa, a world leader in digital payments, aimed at enabling new endpoints in key markets across Asia and Africa.
Airwallex : 54% of global consumers expect to increase international online shopping amount over next 6-12 months
54 percent of global consumers expect to increase their cross-border purchasing over the next six to twelve months, global payments and financial platform Airwallex and consulting firm Edgar, Dunn & Company said Thursday.
Indonesia’s GoTo foresees breakeven in 2024 after first quarterly profit
Indonesian biggest tech firm GoTo has foreseen its 2024 group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to breakeven after achieving first quarterly profit.
Country Builders Bank partners India’s fintech firm Kiya.ai to advance banking infrastructure
Country Builders Bank, Inc. (CBB), a rural bank in the Philippines, has on Monday announced its strategic collaboration with Kiya.ai, a fintech firm based in India, to advance its banking infrastructure.
IFC report urges FinTech firms to target women customers in emerging markets for financial inclusion
The survey findings also show that women still make up a minority of FinTech portfolios, with 63 percent of the lending-focused FinTech firms reporting that women-owned small and medium sized enterprises (SMEs) make up less than a quarter of their portfolio.
