FinTech

The Malaysia Digital Economy Corporation (MDEC), an agency under the Ministry of Digital, has on Wednesday exchanged memorandums of understanding (MOUs) with seven financing partners to widen financing opportunities for Malaysian small and medium enterprises (SMEs) through the National E-Invoice Financing Exchange (NEFX).

audax, a Singapore-based digital banking platform, argues the next stage is agentic banking, but only with governance strong enough to keep pace with new rules of State Bank of Vietnam, the country's central bank.

More than three million DBS PayLah! users in Singapore can now make QR payments at over 100 million merchants across mainland China through Alipay and Weixin Pay networks, expanding the bank's cross-border payment coverage in the country, DBS said on Thursday. 

Airwallex, a global financial platform, plans to invest more than S$2 billion ($1.56 billion) in Singapore and grow its local workforce to more than 1,000 employees over the next five years.

Australian automotive AI company AutoSwift has secured nearly A$10 million from Singapore-based X Star Technology to develop AI WINGMAN and support regional expansion.

NPCI has formed NPCI Tech Solutions Limited, a wholly owned subsidiary focused on AI, blockchain and India's digital public infrastructure.

Singapore-born fintech Chocolate Finance has expanded into Hong Kong, offering a cash management platform that provides daily returns and flexible withdrawals as it seeks to tap demand for alternatives to traditional savings and investment products.

Pyvio has secured a Singapore Major Payment Institution licence covering five regulated services, including cross-border transfers and e-money issuance.

Malaysia-based CIMB Bank Bhd has expanded its DuitNow QR payment coverage on the CIMB OCTO app to five additional markets — China, Hong Kong, South Korea, the Philippines and Laos — bringing its overseas payment network to nine markets.

Merchant commerce platform Pine Labs and programmable financial infrastructure provider Stripe have partnered to offer a unified commerce solution in Singapore, allowing eligible retailers to manage online and in-store payments through a single platform from November 2026.