FinTech

Pei-Si Lai to take on role of GXS Bank CEO; Kaushik Chowdhury to be GXBank’s new CEO

GXBank, the digital bank subsidiary of GXS Bank in Malaysia, announced Wednesday the succession in its senior management team.

fish eye photography of city

Why going local is the smartest global move in fintech

Think regionally. Build for compliance from the start. Use AI like it’s your co-founder. And always, always prioritize vision over vanity metrics. Because at the end of the day, growth without grounding is just noise.

Sea’s revenue jumps 29.6 percent amid strong e-commerce sales

Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.

Sea opens new digital financial services headquarters in Singapore; rebrands SeaMoney to Monee

Singapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee.

Tencent-backed fintech firm Primer reports 239 percent year-on-year growth in payment volume in APAC

Primer, the Tencent-backed fintech firm, has announced that it has ‘set down roots’ in Singapore, incorporating in the city state following a strong year of growth in Asia-Pacific, which saw a 239 percent increase in payment volume.

Ant International partners with Barclays on global treasury management with proprietary AI-powered FX model

Singapore-based financial technology firm Ant International has entered a partnership with the United Kingdom bank Barclays to enhance efficiency and resilience in global treasury management for businesses.

Singapore’s Seedflex raises $3.2M in a seed extension round co-led by Z Venture Capital, Iterative

Seedflex Technologies, a Singapore-based fintech platform co-founded by two former Grab executives, has raised a $3.2 million seed extension round co-led by Z Venture Capital (ZVC) and Iterative.

PayNet launches Fintech accelerator to catalyze and support industry growth in Malaysia

Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub).

Boost Bank disburses $35.52M to hundreds of SMEs in Malaysia

Malaysia's digital bank Boost Bank said Tuesday it has disbursed close to MYR 150 million ($35.52 million) financing disbursements across hundreds of small and medium-sized enterprise (SMEs).

Digido: Filipinos spent 1.54 billion seconds using digital lending apps in 2024

About 1.54 billion seconds were spent by persons in using non-bank digital lending applications in the Philippines in 2024, according to new analysis from Digido.