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DBS, UOB fund $413M data center campus by DayOne-INA in Indonesia

As part of ongoing efforts to expand Southeast Asia’s digital infrastructure, DBS and UOB have jointly provided a landmark IDR 6.7 trillion ($413 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia.

Singapore’s TOPPAN Security acquires Thailand’s smart card solutions provider dzcard

TOPPAN Security, a Singapore-based secure identity and payment solutions provider, announced Wednesday that it has entered into a definitive agreement to acquire dzcard Group, a Thailand-based provider of smart card solutions and personalization services.

Singapore’s Syfe raises $80M Series C for regional expansion

Singapore digital investment platform Syfe has announced the successful close of its Series C funding round of $80 million.

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.