FinTech
ZA Global leads $40M Series A2 round in RD Technologies to build Asia’s stablecoin infrastructure
ZA Global, a Hong Kong-based digital finance firm, has led a $40 million Series A2 financing round for fintech firm RD Technologies (RD).
Standard Chartered partners Alibaba to accelerate AI use in financial services
Standard Chartered and Alibaba Group Holding Limited have entered into a strategic partnership, utilizing Alibaba Cloud’s AI technologies to accelerate the pace at which the financial services sector embraces artificial intelligence (AI).
CapBay partners Olea to offer cross border financing for Malaysian exporters
Bay Group Holdings Sdn Bhd (CapBay), a homegrown Malaysian supply chain financing provider and peer-to-peer (P2P) financing company, has teamed up with Olea Global Pte. Ltd. (Olea), a Singapore-based technology-driven trade and supply chain finance solutions provider, to offer cross border financing for Malaysian exporters.
Singapore launches new electronic deferred payment solutions to support transition to e-payments
The Association of Banks in Singapore (ABS) announced Monday the launch of two new payments solutions - electronic deferred payment (EDP) and EDP+ - to support the transition to e-payments for cheque users.
Airwallex gets approval to launch yield product in Singapore
Airwallex, a global fintech platform, announced Monday that its Singapore entity, Airwallex Capital (Singapore) Pte Ltd, has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS) to launch yield products in the country.
Singapore’s 129Knots and Green Link Digital Bank team up to launch global embedded finance initiative for marine fuel
Singapore's fintech firms Green Link Digital Bank (GLDB) and 129Knots have joined forces to launch a global embedded finance program aimed at unlocking liquidity in the marine fuel industry.
Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter
Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.
Singapore’s Chocolate Finance secures $15M Series A+ funding to propel regional growth
Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.
Mastercard: 99 percent of Malaysians are likely to use emerging digital payment methods in the next year
Digital payments adoption is fast gaining traction locally as Malaysians adopt innovative payment options and leapfrog into mobile-first ecosystems, a new research by Mastercard showed Tuesday.
Malaysia’s Ryt Bank selects Provenir for AI risk decisioning
Provenir, a global artificial intelligence (AI) risk decisioning software firm, announced Tuesday it has partnered with Ryt Bank, a Malaysia-based AI-powered bank, to support the bank’s mission of delivering fast, simple, and innovative banking services.
