FinTech
Bank Muamalat launches Malaysia’s first faith and lifestyle-aligned Islamic digital-only bank
Backbase, the global artificial intelligence (AI)-powered banking technology group, announced Thursday that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment.
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.
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.
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.
Zalopay cooperates with Cake digital bank to expand digital financial touchpoints for Vietnamese users
Vietnamese payment platform Zalopay and digital bank Cake by VPBank announced Tuesday a comprehensive cooperation agreement, officially integrating Cake's key financial products right on the Zalopay application.
Nomupay secures $40M investment from Softbank to accelerate payment expansion across Asia
Ireland-based Nomupay has secured $40 million investment from Softbank to accelerate its global payment expansion across Asia.
