FinTech

MAS partners industry to develop safeguards for AI Agents in finance

The Monetary Authority of Singapore (MAS), together with leading financial institutions and FinTechs, have on Friday published an industry white paper on developing safeguards for artificial intelligence (AI) agents in finance.

UOB breaks ground on $450M headquarters in Vietnam Ho Chi Minh City’s international financial center

UOB Vietnam, under Singaporean lender UOB, has started construction of its UOB Plaza Ho Chi Minh City, a $450 million tower located within Vietnam's International Financial Center (VIFC), making UOB the first foreign financial institution to invest in headquarters within the VIFC-HCMC precinct.

LinqAlpha raises $22M Series A to build AI layer for institutional investors

LinqAlpha, an AI company building "Alpha Intelligence Layer" for global public markets, has raised $22 million in Series A funding anchored by AVP, Atinum Investment, and GFT Ventures

Ant International opens Global Development Centre in Kuala Lumpur, backed by 1,500 fintech roles

Singapore-headquartered Ant International opened its Global Development Center (GDC) in Kuala Lumpur, located within Malaysia's international financial center TRX.

Malaysia’s fintech firm Ascertain Group expands to Indonesia, Oman, India

Ascertain, a Malaysian financial technology and payments ecosystem provider, is expanding into Indonesia, Oman, and India, in order to exporting its homegrown financial infrastructure. 

Singapore’s Qashier raises $6.1M Series A+ to expand merchant operating system across Southeast Asia

Singapore-based Qashier, a unified merchant operating system for Southeast Asia, has raised $6.125 million in a Series A+ financing round comprising equity and debt.

MicroLEAP, CASB, HDC launch initiative for SME financing on government contracts

Malaysia's fintech firm microleap PLT, Commerce Access Sdn Bhd (CASB) and the Halal Development Corporation Berhad (HDC) have inked a strategic collaboration to help small and medium-sized enterprises (SMEs) access financing for government contracts.

MAS, ABS chart instant payments enhancements with PayNow Generation 2 study

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced Thursday they will be exploring four areas of enhancements to Singapore's national instant payments infrastructure as part of a PayNow Generation 2 (PayNow Gen2) study.

Singapore establishes Future of Finance Institute to scale financial innovation

The Monetary Authority of Singapore (MAS) announced Thursday that a Future of Finance Institute (FFI) will be established to accelerate the adoption of new financial technologies and catalyze innovation in the financial sector.

Airwallex raises $320 million Series H, valuation jumps to $11B

Airwallex, the Australian-founded financial platform, has raised $320 million in Series H funding, bringing the company's valuation to $11 billion, up from $8 billion in December 2025.