FinTech

Choco Up, Asia's leading growth financing platform, has raised a $15 million credit facility from private credit investment company AlteriQ Global to expand access to growth capital for Singapore's small and medium-sized enterprises (SMEs), with the first drawdown already completed.

Europe's largest asset manager Amundi, asset servicing group CACEIS, and Ant International have launched their tokenized share classes for the Amundi Money Market Fund – Short Term, denominated in Euro and US dollars, developed for Ant International's intra-group liquidity management needs.

API-first, SaaS platforms are the right foundation for payments modernization, fraud prevention, and cross-border scaling in Southeast Asia, David Becker, Managing Director for Asia Pacific at Mambu, said to TNGlobal.

Global bank HSBC has on Tuesday announced its collaboration with Mastercard in Singapore to pilot new capabilities that support the future of business to business (B2B) commerce.

Within the financial sector, APIs play a particularly important role. They connect banks, payment providers, trading platforms, and fintech applications, enabling secure data exchange across a complex ecosystem. As financial services continue to evolve, APIs have become essential for supporting innovation, interoperability, and customer convenience.

Malaysia-based CIMB Bank Berhad has signed a letter of intent (LOI) with China CITIC Bank Corporation Limited to strengthen financial connectivity between China and ASEAN, particularly in Malaysia and Indonesia, by facilitating bilateral trade, cross-border financing and investment flows across the region.

Arki Finance, a Singapore-based wealth management fintech targeting the mass affluent, has received its Capital Markets Services License from the Monetary Authority of Singapore, ahead of its public launch later this year.

Recompound Co-Founder Toby Limanto expects the Jakarta Stock Exchange Composite Index's (JCI) post-January 2026 slump to increase retail investor demand for the Indonesian investment advisory startup's structured portfolio advisory services.

Singapore's DBS Bank has enabled customers in Singapore to transfer funds directly to Weixin Pay digital RMB wallets in China through its DBS Remit service, expanding cross-border payment options amid growing travel and financial flows between the two countries.

As Asia-Pacific’s ecommerce economy becomes more regional and borderless, businesses are facing growing complexity across payments, currencies, settlement, compliance, and reconciliation. In this Q&A, Payoneer’s Nagesh Devata discusses why financial infrastructure is becoming more strategic for SMEs and how AI could reshape cross-border operations.