FinTech

Australian FinTech firm Peppermint gets e-wallet license in the Philippines

Peppermint Innovation Ltd (Peppermint), an Australia-based FinTech firm, announced Wednesday the company has been granted a license to operate as an electronic money issuer (EMI)…

Singapore Heritas Capital Fund II

Singapore’s Resolution Ventures announces first close of $20M Southeast Asia FinTech fund

Resolution Ventures, a Singapore-based venture capital firm, announced Wednesday the first close of its $20 million Southeast Asia-focused Fintech fund, Resolution Fintech Fund I.…

Grab-led digibank consortium to focus on local micro-SMEs, gig economy workers

Grab Holdings Limited said Friday that the digital bank consortium comprising GXS Bank Pte. Ltd., its digital bank joint venture with Singapore Telecommunications Limited…

GRAB-Singtel, Axiata’s Boost-RHB, Sea Ltd-YTL, AEON Credit consortiums among winners of Malaysia digital banking licenses

Bank Negara Malaysia announced on Friday the five successful applicants for the digital bank licenses as approved by the Minister of Finance Malaysia. The country will have three…

Malaysia to announce digital banking license winners as early as Friday – report

Bank Negara Malaysia is expected to announce the successful applicants for its digital bank licenses on Friday (Apr 29), local media theedgemarkets.com reported, quoting sources.…

Vietnam’s Trusting Social raises $65M Series C round from Sherpa

Vietnamese FinTech firm Trusting Social announced Thursday an investment of $65 million in the group from The Sherpa Company Limited (Sherpa), a subsidiary of Masan Group…

Singapore skyline SGX SPAC

Singapore Finbots.AI raises $3M from Accel in Series A round

Finbots.AI, a Singapore-based FinTech firm, announced Thursday it has raised $3 million in a Series A round from Accel. Finbots.AI said in a statement that this investment is from…

Malaysia’s financial platform Payd raises $1.7M in seed funding led by IFS Capital

Malaysia-based financial wellbeing platform Payd announced on Tuesday that it has raised $1.7 million in a seed funding round to expand its Southeast Asian operations, fuelling…

Singapore FinTech firm Nium to acquire alternative payments network platform Socash

Nium, a Singapore-based platform for modern money movement, announced Tuesday a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform.…

Funding Societies co-invests with Carro in Indonesia’s Bank Index

Funding Societies (also known as Modalku in Indonesia), a Singapore-based small and medium enterprises (SME) digital financing platform, on Tuesday officially announced its…