FinTech

With these additional funds, Zolve intends to enhance the user experience for global citizens, allowing them to open their U.S. accounts in minutes. Moreover, the funds will help speed expansion of the service to more nationalities, increasing the number of people who can start building their financial futures from the moment they arrive in the U.S.…

In the interview, Hudhaifa shared the opportunities the consortium sees in building a digital bank in Malaysia and what are the competitive advantages it has against other contenders vying for the digital banking licenses. He also shared his views on the profitability path for digital banks, citing examples from other countries.

Businesses operating online in Malaysia now have access to the full strength of Omise’s modern payment gateway to accept payments securely, manage transactions, send payouts, and expand operations regionally to capture more sales and grow revenue. Meanwhile, businesses using Omise in Thailand, Japan, and Singapore can seamlessly expand their business and…

The funds will be used to accelerate Clear’s expansion into Business to Business (B2B) credit and payments plus expansion into international markets.

Stripe has entered into an agreement to acquire Recko to help its internet businesses automate payments reconciliation.

In this new paradigm, key services such as deposit-taking service, asset-custodian, insurance, lending services, risk management, and the offer of securities, etc. will be redistributed between different tech layers and service providers. New capabilities, such as smart contract audit or underwriting (for non-crypto assets) could also be created along the…

This is in line with Grab Financial Group’s move to be more merchant-centric in its offerings and support its merchants’ business growth across the region.

The acquisition enables Novatti to scale existing ATX businesses while looking to introduce additional Novatti services to the Malaysian market, such as billing.

MarketWolf had raised $1.7 million during its angel round and has raised a total of $7.2 million to date. This fresh funding will be utilized to build new products, expand the user base and attract top talent

Indonesia’s retail market is estimated to be around $300 billion, of which 70-80 percent is traditional retail--with this market growing 8 percent year on year, the potential is enormous.