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Singapore’s bolttech closes Series C fundraise at $147M
Singapore's insurtech bolttech announced Wednesday that it has closed Series C fundraise at $147 million, reflecting a company valuation of $2.1 billion.
AIFT, Shin Kong Life forge strategic partnership to enter Vietnam’s digital insurance
Hong Kong-based insurer AIFT and Taiwan-based insurer Shin Kong Life have signed a strategic cooperation agreement on Thursday to enter Vietnam's digital insurance.
Singapore’s FairPrice partners Google Cloud to improve retail experiences and operations
Singapore's retail group FairPrice Group (FPG) has partnered with Google Cloud to showcase FPG’s Store of Tomorrow (SOT) program, a roadmap to embed the latest cloud and artificial intelligence (AI) technologies into new and existing in-store and omnichannel retail touchpoints to redefine customer experiences at FairPrice supermarkets.
MoneyHero, RCBC team up to tap into the Philippines’ expanding card market
MoneyHero Limited, a Singapore and Hong Kong-based personal finance aggregation and comparison platform, announced Wednesday a strategic partnership with Rizal Commercial Banking Corporation (RCBC), a Philippine banking group, to tap into the Philippines' expanding card market.
TerraPay secures license from Malaysia to strengthen cross-border payments in APAC
TerraPay, the United Kingdom-based digital cross-border payments, announced Wednesday that it has been granted a Class B license by Bank Negara Malaysia (BNM).
Malaysia’s MPay secures Labuan FSA license to fuel regional and global Fintech expansion
ManagePay Systems Berhad (MPay), a Malaysian fintech company, announced Wednesday that Labuan Financial Services Authority (Labuan FSA) has approved MPay to establish a subsidiary in Labuan, namely MPay SPV Labuan Ltd. (MPay Labuan).
Singapore’s Thunes secures money transmission licenses to operate in the United States
Thunes, the Singapore-based payment firm, announced Wednesday it has secured the 50 licenses it requires to operate in the United States.
Indosat and GoTo launch new 70 billion parameter Model with multilingual chat service
Indonesian tech firm PT GoTo Gojek Tokopedia Tbk (GoTo) and telecommunication company Indosat Ooredoo Hutchison have announced the latest advancement in Indonesia's open-source large language model (LLM) ecosystem with the launch of Sahabat-AI's 70-billion parameter model and multilingual chat service.
Ant International pushes AI strategy with AI platform for Fintechs
Ant International, a Singapore-based global digital payment, and financial technology provider, unveiled Wednesday its artificial intelligence (AI) strategy with the launch of Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform.
Singapore’s Thunes expands direct global network into Denmark, Norway, Sweden
Thunes, the Singapore-based fintech firm, announced Tuesday the further expansion of its direct global network with the launch of direct pay-to-bank services in Denmark, Norway, and Sweden.
