FinTech

Singapore’s Arki Finance receives capital markets licence ahead of wealth platform launch

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.

Indonesia’s investment advisory startup Recompound sees opportunities from stock market rout [interview]

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.

DBS enables remittances to Weixin Pay wallets in China via digibank

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.

Payoneer’s SVP of APAC Nagesh Devata on the infrastructure challenge behind Asia-Pacific’s e-commerce growth [Q&A]

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.

Moomoo Singapore announces Jeyson Ng as Chief Executive Officer

Fintech firm Moomoo Singapore has on Friday announced the official appointment of Jeyson Ng as Chief Executive Officer.

AXS, NTT DATA Japan team up to streamline cross border bill payments across East and Southeast Asia

AXS Pte Ltd, a Singapore-based payment solutions provider and NTT DATA Japan, a Japan-based artificial intelligence (AI), digital business and technology services firm, have entered into a memorandum of understanding (MOU) to explore the development of secure and seamless cross‑border bill payment services.

GIC-backed Ramp raises $750M Series F at $44B valuation

Fintech firm Ramp has on Thursday announced a $750 million primary financing round led by ICONIQ, GIC, and Ontario Teachers' Pension Plan, valuing the company at $44 billion.

Kyrgyzstan’s national payment operator, Alipay+ to jointly launch cross-border QR payments

Kyrgyzstan's Interbank Processing Center has partnered with Alipay+, the wallet gateway under Singapore-headquartered Ant International, to launch international QR payment services for users of the ELCARD Mobile app, with the support of the National Bank of the Kyrgyz Republic.

FOMO Pay to launch DuitNow QR acceptance in Singapore

FOMO Pay, a Singapore-headquartered payment firm, will launch DuitNow QR acceptance in Singapore, enabling Malaysian travelers and visitors to make payments using familiar banking and payment applications while merchants receive settlement in Singapore Dollars (SGD).

UnionPay International, Singapore Tourism Board renew payment partnership

UnionPay International (UPI) and the Singapore Tourism Board (STB) have renewed their strategic partnership to jointly promote Singapore tourism and enhance payment experiences for international travelers through integrated marketing campaigns, merchant collaborations, and cross-border payment initiatives.