News

Crypto services in Vietnam must report suspicious cases to central bank

Crypto-asset services in Vietnam will have to report suspicious transactions to the State Bank of Vietnam, or the country's central bank, according to the newly-approved amendments to law on anti-money laundering and banking.

ShardLab makes strategic investment in Malaysia’s payment firm StoreHub

ShardLab, a fintech venture studio backed by global investment firm Hashed, has made a strategic investment in StoreHub, a Malaysia-based commerce and payments platforms.

US’s Digital Realty gets provisional allocation of 50 MW of capacity to develop a new data center in Singapore

Digital Realty, the United States-based cloud- and carrier-neutral data center platform, announced Tuesday it has been selected under Singapore’s second Data Center Call for Application (DC-CFA2), with a provisional allocation of 50 megawatts (MW) of capacity to develop a new data center at Jurong Town Corporation’s low-carbon data center park on Jurong…

UK fintech firm Revolut appoints Singapore Advisory Board to accelerate its next phase of growth

Revolut, the global fintech firm, announced Tuesday the appointment of its Singapore Advisory Board, comprising senior leaders with experience across banking, government and corporate leadership, to support its next phase of growth in Singapore and across the region.

Australia’s venture capital Blackbird raises $680M for region’s largest venture fund

Blackbird, among the largest venture capital firms in Australia, has raised A$1.05 billion ($680 million) for its sixth fund, the largest venture capital fund-raising recorded in Australia and New Zealand.

Stablecoin card spending passes $10.9B as sector matures: RedotPay

Consumers have spent more than $10.9 billion using payment cards linked to stablecoins, Hong Kong-based card company RedotPay quoted data from Paymentscan as saying.

Granite Asia raises over $500M for Pan-Asia private credit fund Libra Hybrid

Granite Asia, a Singapore-based investment firm, has surpassed the $500 million target for its Pan-Asia private credit fund, Libra Hybrid, drawing new commitments from a leading insurer, DBS Private Bank, and other institutional investors.

Visa joins Singapore’s stablecoin project, to pilot 7-day settlement with Nium

The United States-based payment network Visa has joined BLOOM, an initiative led by the Monetary Authority of Singapore (MAS) to enable interoperability between traditional payment systems and stablecoin-based payment rails.

Singapore FinTech Association refreshes strategic advisory council with four new appointments

The Singapore FinTech Association (SFA) has on Monday announced the appointment of four new members to its Strategic Advisory Council (SAC) for a fresh two year term from 1 August 2026 to 31 July 2028.

Temasek-backed Azalea adds over $1B in new capital commitments across private equity platforms

Tamesek-backed Azalea Investment Management Pte. Ltd. announced Monday that it has raised over $1 billion in new capital commitments across three private equity (PE) offerings.