FinTech
MAS announces establishment of Global Finance & Technology Network for next phase of FinTech growth
MAS announced Wednesday the establishment of the Global Finance &Technology Network (GFTN) to further strengthen Singapore as a global FinTech hub and enhance global connectivity for impactful innovation in financial services.
Gobi Dana Impak Ventures invests in Malaysia’s fintech firm DCAP
This investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with Khazanah’s Dana Impak mandate. Gobi’s investment will help DCAP accelerate its mission to provide equitable financial solutions to marginalised communities across Malaysia.
Institutional investors look to AI-powered solutions for enhanced trading signals
Many companies are conducting advanced research to leverage #AI's potential in solving financial market complexities, investing in deep tech, quantum computing, and energy innovation. Institutional investors benefit by gaining improved methods to capture, analyze, and extract insights from trading signals.
Malaysia’s GHL & JCB expand payment options across Malaysia, Thailand & the Philippines
GHL and JCB announce its strategic partnership, enabling the acceptance of JCB Cards on GHL’s merchant terminals in Malaysia, Thailand and the Philippines.
Mitsubishi to invest in Ayala joint venture with stake in Mynt
Japan-based conglomerate Mitsubishi Corporation said Friday it will invest in Ayala Corporation joint venture with stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the Philippines-based finance super app.
Ant International’s WorldFirst sees total transaction volume soars to $300B
China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.
Yuno welcomes former Uber & JP Morgan Director to lead APAC partnerships, drive regional growth
Yuno earlier this year raised a $25 million Series A round from investors including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, to fuel its ambitious expansion plans across Asia, Europe, the Middle East, and Africa.
Tracxn : SEA FinTech startups funding declines 28% quarter on quarter in Q3
The total funding into Southeast Asia (SEA) FinTech startups fell 28 percent to $322 million in the third quarter of 2024 from $447.5 million in the second quarter, Tracxn said Wednesday.
Singapore finance platform Aspire receives in-principle approval for major payment institution licence from MAS
The MPI license will enable Aspire to expand this suite of services, offering even more comprehensive and secure financial solutions to its rapidly growing customer base of over 50,000+ companies worldwide.
Philippine-based lending fintech company OneLot raises $4M Pre-Seed funding
OneLot, a Philippine-based lending fintech company, said Monday that it has raised $4 million in pre-seed funding in an oversubscribed round led by 468 Capital.
