News
Sea’s revenue jumps 38.3 percent on year in third quarter
Sea Limited, the Singapore-based tech giant, announced Monday its revenue soar 38.3 percent year on year to $6 billion in the third quarter, underpinned by growths across all sectors.
Aster and Aether Fuels partner on the first next-generation commercial sustainable aviation fuel plant in Singapore
Aster, a provider of energy and chemical solutions in Southeast Asia, and Aether Fuels (Aether), a sustainable aviation fuels (SAF) producer, have on Tuesday signed an agreement to develop the first next-generation, commercial-scale SAF production facility in Southeast Asia at Aster Pulau Bukom in Singapore.
GFTN Capital partners with SBI to debut $200M fund to fuel global innovation
GFTN Capital Pte. Ltd., a Singapore-based growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Wednesday a partnership with SBI Holdings and SBI Ven Capital Pte. Ltd. (SBI Ven Capital) to launch a $200 million global innovation fund.
HitPay, Yuno team up to expand local payment access across Asia Pacific
HitPay, a Singapore-based provider of local payment infrastructure in Asia Pacific, and Yuno, a global financial infrastructure firm, have formed a strategic partnership to simplify payments complexity for international merchants expanding into Asia.
Zetrix AI partners FMFF to boost digitalization of cross-border trade through ZTrade
Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, and the Federation of Malaysian Freight Forwarders (FMFF) have reaffirmed their commitment to jointly drive the full adoption of digital cross-border trade processing — beginning with the implementation of digital Certificates of Origin (COs) for trade between Malaysia and China.
MAS launches statement of support for the development of high-integrity energy transition credits
The Monetary Authority of Singapore (MAS) has on Monday released key insights from the Transition Credits Coalition’s (TRACTION) final report, and published a statement of support for energy transition credits.
Standard Chartered partners DCS Card for stablecoin spending
Standard Chartered announced Tuesday a partnership with DCS Card Center as the principal banking partner for DeCard, a next-generation credit card enabling seamless stablecoin spending in the real world.
Tencent launches new payment solution to enable merchants to accept local payments outside of China
China-based payment firm Tencent announced Tuesday the launch of TenPay Global Checkout, a new payment solution for Weixin Mini Program merchants operating in global markets to accept a wide range of local payment methods with ease.
QuantLeap and TransBnk India ink MOU to accelerate transaction banking innovation across SEA
TransBnk India, an India-based transaction banking infrastructure, and QuantLeap, a Singapore-based digital finance transformation company, have signed a strategic memorandum of understanding (MoU) to modernize and accelerate transaction banking innovation across Southeast Asia, Japan, and wider Asia-Pacific (JAPAC) markets.
Abdul Latif Jameel Finance partners Ant International to grow, strengthen MSMEs in the Kingdom with advanced digital services
Abdul Latif Jameel Finance, an innovative financing solutions and services provider in Saudi Arabia, and Ant International, a global digital payment, digitization and financial technology provider based in Singapore, have signed a memorandum of understanding (MoU) to jointly explore opportunities in the financial technology sector in the Kingdom of Saudi…
