FinTech

Singapore’s GFTN partners Odisha to establish Fintech hub in Bhubaneswar

Government of Odisha’s Electronics and Information Technology (E&IT) Department and the Global Finance & Technology Network (GFTN) signed a memorandum of understanding (MoU) to establish a Global Competency Center in Bhubaneshwar Odisha to foster FinTech collaboration.

Dtcpay partners with Primer to expand stablecoin payments in Southeast Asia

Singapore-based digital payments provider dtcpay and global payments infrastructure firm Primer have on Monday announced a strategic partnership to facilitate seamless transactions across fiat and stable coins for Southeast Asian consumers.

UnionPay, BSN team up to boost digital payment in Malaysia with QR payment

Chinese payment firm UnionPay International (UPI) has announced a strategic partnership with Malaysia-based Bank Simpanan Nasional (BSN) to launch the UnionPay QR payment in Malaysia in the first half of 2025.

Thunes partners Hyperwallet to expand payout access for merchants across Asia-Pacific

Singapore-based fintech firm Thunes has welcomed Hyperwallet, a PayPal service for global payouts, as a member of Thunes’ Direct Global Network.

Vietnam-based ABBANK invests in Backbase to launch digital banking platform

Vietnam-based An Binh Commercial Joint Stock Bank (ABBANK) has invested in engagement banking firm Backbase to launch digital banking platform.

Malaysia’s Hong Leong partners China’s WeBank for FinTech and AI banking solutions

Malaysian lender Hong Leong Bank (HLB) has on Friday announced a strategic cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, for FinTech and artificial intelligence (AI).

Aaron Foo steps into new role as Tyme’s Chief Product Officer

Tyme Group, the multi-country digital banking group headquartered in Singapore with over 15 million customers in Africa and South-East Asia, has announced that Aaron Foo, Tyme’s and GoTyme Bank’s Chief Strategy Officer, will be taking on a new role as Tyme’s Chief Product Officer.

Grab-backed Superbank mulling Jakarta IPO this year to raise up to $300M — report

The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.

YTL Digital Bank secures digital banking license to launch in Malaysia

The Ministry of Finance (MoF) of Malaysia has approved the issuance of a digital banking license to YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea Limited.

E-commerce platform Shopee partners Malaysia’s Takaful IKHLAS to offer Shariah-compliant motor insurance

The latest addition to Shopee’s growing suite of digital insurance and takaful offerings, IKHLAS Private Car Comprehensive Plus Takaful, aims to provide holistic, Shariah compliant motor takaful protection to users.