FinTech
Apple Pay launches in Malaysia
Thousands of retailers in Malaysia will accept Apple Pay, with support from some of the country’s most established banks across major credit and debit networks, Apple said
United Kingdom’s Revolut launches cryptocurrency service in Singapore
Revolut, the United Kingdom-based financial superapp, on Thursday launched a new cryptocurrency service in Singapore, enabling customers to securely buy, hold and sell cryptocurrencies with the tap of a button. Revolut is providing all customers in Singapore with more than 80 tokens available via its app.
3 vital developments supplementing digital banking industry growth
With the higher obligation to facilitate customer engagement, improved profitability, and control, the stronger need for automating the traditional banking services has paved the path for real-time payment transactions.
GoTyme Bank gets approval to bring digital banking services to Philippines
GoTyme Bank was awarded its Certificate of Authority (COA) to operate as a digital bank by the Bangko Sentralng Pilipinas (BSP) last Friday. The issuance of a COA is the third and final stage involved in establishing a digital bank in the country.
UNOAsia raises additional $11M pre-Series A led by Creador bringing total capital raised to $44.5M
To date, UNOAsia has secured $44.5 million in investment in its pre-seed, seed, and pre-Series A rounds, which includes drawn-down capital of $34 million.
SuperAtom raises $22M to expand its consumer financing platform to new emerging markets
SuperAtom, one of Southeast Asia’s leading fintech platforms, announced on Wednesday that it has raised $22 million in Series C financing led by Malaysia-based digital investment fund Nue 3 Capital.
Indonesia’s IDEAL locks in $3.8M funding co-led by AC Ventures and Alpha JWC
Indonesia-based digital mortgage platform IDEAL announced Wednesday that it has raised a $3.8 million pre-seed funding round co-led by AC Ventures and Alpha JWC. The startup will use the capital injection to focus on product development, hiring, and expanding its offerings.
PayMongo partners with Atome to expand ‘Buy Now Pay Later’ acceptance across The Philippines
PayMongo, a Manila-based online payment processing platform, announced on Tuesday a partnership with Atome Philippines to expand BNPL acceptance among merchants in the country.
MAS and Google Cloud launch Point Carbon Zero Program to catalyse climate FinTech solutions
The Monetary Authority of Singapore (MAS) and Google Cloud have on Tuesday jointly launched the Point Carbon Zero Programme to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.
Malaysia’s TNG eWallet raises $168M funding led by Lazada
Touch ‘n Go Group announced Monday that TNG Digital Sdn Bhd (TNGD), the owner and operator of Touch ‘n Go eWallet, Malaysia’s largest eWallet company, has raised MYR750 million ($168.39 million) from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s…
