FinTech
Airwallex raises $330M Series G funding, establishes San Francisco as dual global headquarters
Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
Circle collaborates with Pismo, Visa to launch Vietnam’s first AI-powered PayLater card
Circle Asia Technologies, a credit-led neobank based in Singapore, has announced a strategic collaboration with digital payments firm Visa and fintech firm Pismo, to launch Vietnam’s first artificial intelligence (AI)-powered PayLater card.
Tonik raises $12M in Pre-Series C funding led by Diligent Capital Partners
Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners.
OCBC to add WeChat Pay for QR payments in China
Singapore bank OCBC will become the first Singapore bank to enable customers to scan-and-pay all merchant QRs in China through its Singapore mobile banking app.
China and Vietnam launch cross-border QR payment program
UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) have officially launched a pilot program for cross-border QR payments connecting China and Vietnam.
Thunes Asia receives IPA to expand scope of MPI license from MAS
Singapore-based payment firm Thunes announced Thursday that it has received in-principle approval (IPA) for a variation of its major payment institution license (MPI) from the Monetary Authority of Singapore.
FinFan and Thunes forge strategic alliance to strengthen Vietnam’s cross-border remittance ecosystem
Vietnam-based fintech company FinFan and Singapore-based payment firm Thunes have signed a memorandum of understanding (MoU) for a strategic collaboration aimed at advancing the development of Vietnam’s cross-border remittance ecosystem.
OpenSys launches Malaysia’s first palm-based payment innovation
OpenSys Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, has on Monday introduced PalmWav, an innovation prototype exploring the use of palm-recognition technology for seamless, device-free payments in Malaysia.
Vietnam’s C4IR and Ant International partner to advance digital economy
The Vietnam Center for the Fourth Industrial Revolution (C4IR Vietnam), established by the World Economic Forum and the People’s Committee of Ho Chi Minh City, and Ant International have on last Thursday announced a strategic partnership through a memorandum of understanding (MoU) to advance Vietnam’s digital economy, foster innovation, and support Ho Chi…
Funding Societies Thailand joins NCB to strengthen SME access to finance
FS Capital, direct lending arm of Funding Societies, one of Southeast Asia’s largest digital financing platforms for small and medium-sized enterprise (SMEs), has officially become a member of the National Credit Bureau (NCB), Thailand.
