FinTech

Singapore’s Aspire launches international payments in Hong Kong, expanding partnership with Wise Platform

Aspire, the Singapore-based finance platform, is launching its fast, low-cost international payments in Hong Kong.

Audax partners with 10x Banking to accelerate digital banking modernization across APAC, Europe, and the Middle East

Audax Financial Technology, a Singapore-based digital banking technology solutions provider supported by Standard Chartered, has partnered with 10x Banking, the cloud-native core banking platform, to to accelerate digital banking modernization across Asia Pacific (APAC), Europe, and the Middle East.

Airwallex raises $330M Series G funding, establishes San Francisco as dual global headquarters

Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.

Circle collaborates with Pismo, Visa to launch Vietnam’s first AI-powered PayLater card

Circle Asia Technologies, a credit-led neobank based in Singapore, has announced a strategic collaboration with digital payments firm Visa and fintech firm Pismo, to launch Vietnam’s first artificial intelligence (AI)-powered PayLater card.

Tonik raises $12M in Pre-Series C funding led by Diligent Capital Partners

Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners.

OCBC to add WeChat Pay for QR payments in China

Singapore bank OCBC will become the first Singapore bank to enable customers to scan-and-pay all merchant QRs in China through its Singapore mobile banking app.

China and Vietnam launch cross-border QR payment program

UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) have officially launched a pilot program for cross-border QR payments connecting China and Vietnam.

Thunes Asia receives IPA to expand scope of MPI license from MAS

Singapore-based payment firm Thunes announced Thursday that it has received in-principle approval (IPA) for a variation of its major payment institution license (MPI) from the Monetary Authority of Singapore.

FinFan and Thunes forge strategic alliance to strengthen Vietnam’s cross-border remittance ecosystem

Vietnam-based fintech company FinFan and Singapore-based payment firm Thunes have signed a memorandum of understanding (MoU) for a strategic collaboration aimed at advancing the development of Vietnam’s cross-border remittance ecosystem.

OpenSys launches Malaysia’s first palm-based payment innovation

OpenSys Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, has on Monday introduced PalmWav, an innovation prototype exploring the use of palm-recognition technology for seamless, device-free payments in Malaysia.