FinTech

Malaysia’s mobile payment firm BigPay expands to Thailand

BigPay, the mobile payments unit of Malaysia-based Capital A, has announced its expansion into Thailand, bringing a financial solution to travellers and residents alike.

Singapore fintech firm PEXX raises $4.5M in seed funding led by TNB Aura

PEXX, a Singapore-based fintech startup specializing in cryptocurrency and blockchain technology, has on Tuesday announced the successful closure of a $4.5 million seed funding.

Asia-Pacific cashless payments projected to reach almost 45 percent of global payment volume by 2030

Asia-Pacific cashless payments projected to reach almost 45% of global payment volume by 2030, S&P Global Market Intelligence said Tuesday.

Singapore’s Partior raises $60M+ in Series B funding round led by Peak XV Partners

Partior, a Singapore-based fintech company, has announced the first close of a $60 million+ Series B round led by Peak XV Partners.

Pelago partners with Primer to deliver payments innovation for the global traveler

Primer, the United Kingdom-based payment firm, and Pelago, the travel experiences arm of Singapore Airlines Group, have forged a partnership allowing Pelago to elevate its payments strategy and meet the payment preferences of travelers worldwide.

Ant International collaborates with BNP Paribas on promoting cross-border payment solutions in Europe

BNP Paribas, the European Union’s leading bank, and Ant International, a Singapore-based digital payment and financial technology firm, have formed a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe.

Report: 84% of Singapore travel companies see fragile margins due to inefficient payment systems

66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in ten expected to prioritize modernizing their financial operations this year, a report said Tuesday.

Thunes inks strategic partnership with LianLian Global for new payment service

Thunes, the Singapore-based payment firm, has on Wednesday welcomed LianLian Global, a Chinese e-commerce cross-border payment service provider, to the Thunes Global Network.

Fave Singapore secures in-principle approval for MPI license from MAS

Fave Singapore, part of the fintech firm Pine Labs group, has on Wednesday announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) license to offer account issuance, merchant acquisition, and domestic money transfer services.

HSBC partners Visa to develop Zing international money app

Global payment firm Visa and banker HSBC have on Tuesday announced the technological collaboration in support of HSBC Group’s new international payments app, Zing.