FinTech

ZA Tech Global Limited (ZA Tech), a Singaporean technology venture founded by ZA International and backed by Softbank’s Vision Fund 1, has become the latest strategic partner to collaborate with Aladin Bank as an investor and a business partner, and is fully committed to strengthening Aladin Bank’s ecosystem.

With the right support and innovation, FinTech companies can unlock better access to digital payment solutions, democratized investments, digitized traditional financial services, and even new verticals such as e-commerce for all Filipinos, driving the Philippines’ digital economy to greater heights.

Malaysian FinTech firm JurisTech on Wednesday announced a partnership with Germany-based cloud-native core banking platform Mambu to propel the growth of the digital banking ecosystem in Malaysia. This new collaboration will act as a catalyst for further expansion of the industry, with the result being greater support for both unbanked and underserved…

Pace Enterprise (Pace), a Singapore-based fintech solutions company with a "Buy Now Pay Later" (BNPL) platform, announced Tuesday the launch of the first-ever virtual Pace Card, a unique payment solution designed to make BNPL payments even simpler and more secure in Asia. The Pace Card is now available in Singapore and will be rolled out to other new…

Gojek had acquired the stake in 2019 when it plans to expand into the Philippines.

Touch ‘n Go (TNG) Group, a Malaysia-based payment firm that is backed by Jack Ma's Ant Group Co, announced Friday the launch of GOpinjam, an inclusive digital personal loan proposition available through TNG eWallet. This marks TNG eWallet’s first digital lending solutions offering, having previously already launched financial services propositions in…

Australia-based FinTech platform Airwallex announced Thursday the launch of its cross-border payment services in Malaysia, following its grant of a money services business license by Malaysian regulator Bank Negara Malaysia in August last year. Initially, qualified Malaysian businesses will be given access to Airwallex's fast, transparent and cost-effective…

Pace Enterprise (Pace), a Singapore-based FinTech solutions company with "Buy Now Pay Later" (BNPL) platform, announced Wednesday that it has signed an agreement to acquire the assets of Rely, the home-grown FinTech startup that offers BNPL services in the region, for an undisclosed sum.

Southeast Asia super app Grab and Sea Ltd’s e-commerce platform Shopee have started providing BNPL options in Malaysia since last year. Advance Intelligence Group’s Atome, Pine Labs’ Fave, Allectus Capital-backed Hoolah, 500 Startup-backed Split are among the FinTech startups that provide such services in the country.

Consortiums partnering with financial institutions and e-wallet operators will have an upper hand in securing a digital banking license in Malaysia, according to analysts.