FinTech

Malaysia sets new technology risk rules for payment service providers

Malaysia’s central bank has issued a policy framework outlining updated requirements for managing technology risks in the payment sector.

Singapore’s Thunes appoints new CTPO and CFO to drive global expansion, AI innovation

Thunes, the Singapore-based fintech firm, has on Thursday announced two strategic appointments to its executive leadership team: Guy Duncan joins as Chief Technology and Product Officer (CTPO), and Parvinder Bhatia joins as Chief Financial Officer (CFO).

Indonesian tech giant GoTo beats target with $118M EBITDA in 2025

Indonesian tech giant GoTo Group, known for Gojek and Tokopedia, reported adjusted EBITDA of Rp2 trillion ($118 million) for the full year 2025, exceeding its previously issued guidance of Rp1.8 trillion to Rp1.9 trillion, according to the company’s Wednesday release.

Singapore’s KAST raises $80M in Series A funding round co-led by QED Investors, Left Lane Capital

KAST, a Singapore-based stablecoin fintech firm, has raised $80 million in a Series A funding round co-led by QED Investors and Left Lane Capital.

Singapore-headquartered Airwallex’s Yield surpasses $1B in assets, expands treasury offering to US

Global financial platform Airwallex said its treasury solution Yield has surpassed $1 billion in global assets under administration, marking a key milestone as the fintech company expands the product to businesses in the United States.

Fasanara and IFC launch new strategy to expand access to finance for MSMEs in emerging markets

Global fintech firm Fasanara Capital and the International Finance Corporation (IFC), a member of the World Bank Group, have announced plans to create a pioneering lending strategy aimed at helping micro, small, and medium-sized enterprises (MSMEs) in emerging markets access the capital they need to grow, especially businesses led or owned by women.

Global fintech firm 73 Strings expands into Singapore

73 Strings, the global artificial intelligence (AI) fintech firm announced Monday the opening of its Singapore office, its first in Asia-Pacific (APAC).

person holding silver iphone 6

How payment intelligence fuels SME growth

The future of Malaysia’s SME ecosystem will not be defined by the number of QR codes displayed at checkout counters, but by how effectively transaction intelligence is transformed into actionable insight. When structured transaction data supports better forecasting, stronger financial identities, and fairer access to capital, digital adoption evolves from…

APAC region sees both fintech deal value and volume fall to ten-year lows – KPMG

Asia Pacific (ASPAC)'s fintech deal value and deal volume dropped from an already soft $11.7 billion across 1,028 in 2024 to $9.3 billion across 763 deals in 2025 — levels not seen in over ten years, KPMG said in its recent report.

China’s XTransfer receives Malaysia Central Bank’s conditional approval for key payment licences

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, announced Wednesday that it has received conditional approval from Bank Negara Malaysia (BNM) for key payment licenses, including issuing electronic money, as well as a Money Services Business License (Class A) covering remittance and currency exchange.