FinTech
Singapore money transfer firm Nium secures license to expand payment services to Malaysia
Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time…
May 20, 2022
News,FinTech,Indonesia,Investments
Indonesian FinTech firm Xendit raises $300M Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power…
May 20, 2022
News,SEA,FinTech,Blockchain / Crypto,Thailand
Zipmex invests in Thailand’s Fintech firm Forward
Zipmex, Southeast Asia’s crypto platform, has invested in Forward, a Thai-based fintech firm specializing in DeFi Derivatives Trading in a bid to increase operational potential…
May 17, 2022
News,FinTech,Indonesia,Venture Capital
Finku secures $2.8M Seed funding led by B Capital, Trihill & Global Founders Capital to boost its Indonesian expansion
Finku, an Indonesia-based financial services application platform that streamlines and automates budgeting and expense tracking, has raised $2.8 million in its latest seed funding…
May 13, 2022
Singapore’s Volopay partners with Visa to offer financial management solutions in Australia
Volopay, a Singapore-based corporate cards and payable management fintech firm backed by Y-Combinator, announced Thursday it has signed a partnership with Visa to be part of…
May 13, 2022
News,FinTech,Indonesia,Mergers and Acquisitions
Investree to acquire 18.4 percent stake in Indonesian digital bank Amar Bank
Investree Singapore Pte Ltd (Investree Group), a holding company of Southeast Asian fintech lending platforms for micro, small, and medium enterprises (MSMEs), is set to acquire…
May 12, 2022
YouTrip & Mastercard launch YouBiz smart corporate card for SMEs to earn unlimited cashback and save on FX fees
Singapore neobank YouTrip has launched its new business product, YouBiz on Wednesday. Powered by Mastercard®, it is a corporate card that enables enterprises to earn unlimited…
May 12, 2022
Singapore’s Sea Ltd prepares move into Indonesia’s insurance sector – report
Singapore-headquartered e-commerce and gaming giant Sea Ltd is said to be preparing a move into Indonesia’s insurance sector. The US-listed tech firm has prepared plans to acquire…
May 11, 2022
Singapore’s Funding Societies steps into Vietnam in fifth market expansion
Funding Societies, a Singapore-based small and medium-sized enterprise (SME) digital financing platform, has officially launched in Vietnam on Tuesday, marking its fifth market…
May 10, 2022
Airwallex rolls out more global payments services in Singapore with virtual business cards and card expenses launch
After officially entering the Singapore market in January, global fintech firm Airwallex continues to progressively roll out key offerings in its global payments suite with…
May 10, 2022