FinTech
PayMongo partners with Atome to expand ‘Buy Now Pay Later’ acceptance across The Philippines
PayMongo, a Manila-based online payment processing platform, announced on Tuesday a partnership with Atome Philippines to expand BNPL acceptance among merchants in the country.
MAS and Google Cloud launch Point Carbon Zero Program to catalyse climate FinTech solutions
The Monetary Authority of Singapore (MAS) and Google Cloud have on Tuesday jointly launched the Point Carbon Zero Programme to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.
Malaysia’s TNG eWallet raises $168M funding led by Lazada
Touch ‘n Go Group announced Monday that TNG Digital Sdn Bhd (TNGD), the owner and operator of Touch ‘n Go eWallet, Malaysia’s largest eWallet company, has raised MYR750 million ($168.39 million) from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s…
Aspire partners with Know Your Customer to financially empower SMEs and entrepreneurs across South-East Asia
Aspire, an all-in-one finance operating system for growing businesses in Southeast Asia has joined forces with award-winning RegTech provider Know Your Customer to safely facilitate access to its financial products to underserved SMEs and entrepreneurs in the region.
Singapore’s CrediLinq raises $2.6M co-led by 1982 Ventures and White Venture Capital
CrediLinq, a Singapore-based artificial intelligence (AI) and machine-learning credit underwriting firm, has raised $2.6 million funding co-led by 1982 Ventures and White Venture Capital. The round was further supported by 500 Global, Sequoia Sprouts, Arkana Ventures, GK Plug and Play Indonesia, Sketchnote Partners, Boleh Ventures and EPIC Angels.
Vietnamese fintech startup MFast raises $2.5M funding led by Ascend Vietnam Ventures
Vietnamese financial service app MFast announced Monday it has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia. With the fresh funding, MFast is actively hiring talent across various areas including technology, marketing, and sales to upgrade…
Malaysia’s Bank Islam launches digital banking app
Malaysia-listed banking firm Bank Islam Malaysia Berhad has on Sunday officially launched its fully cloud-native digital banking proposition named Be U, the first-of-its-kind technology stack which is anticipated to be the cornerstone of all upcoming digital banks to be introduced in Malaysia. Made available to the public since mid-June this year, Bank…
Advance Intelligence Group acquires Singapore-based fintech startup Jewel Paymentech
Advance Intelligence Group, a Singapore-based unicorn tech start-up, announced on Monday its acquisition of Jewel Paymentech, a financial risk technology company specialising in merchant due diligence and fraud and risk management solutions for the financial services and payments industry.
Indonesia’s DOKU acquires Malaysia’s senangPay for $7.5 million
DOKU, an Indonesia-based payment platform, announced Thursday it has expanded into Malaysia after acquired an online payment firm senangPay for $7.5 million. The acquisition followed DOKU received funding from Apis Growth Fund II, a private equity fund managed by Apis Partners LLP last year.
Local Wealthcare® platform Hugosave raises $4M
Singapore-based Wealthcare® and savings app Hugosave announced on Wednesday the successful completion of its $4 million pre-Series A funding round, bringing the total amount of funds raised to $10.5 million.
