FinTech
Sweden’s Vilja expands into Vietnam
Vilja Solutions, the Nordic market leader of cloud-native composable core banking solutions, is expanding into Vietnam after now establishing an ASEAN headquarter and development center in Kuala Lumpur, Malaysia.
Alipay+ contributes more than 80 percent of inbound QR payments via DuitNow in Malaysia
Alipay+, the cross-border mobile payment platform of Ant International, has contributed more than 80 percent of inbound QR payments via DuitNow in Malaysia.
Hong Leong Islamic Bank collaborates with PayNet, GoBarakah on new FinTech ecosystem
Malaysian lender Hong Leong Islamic Bank (HLISB) has signed a memorandum of understanding (MOU) with fintech platform GoBarakah, with plans to build a new FinTech ecosystem that channels donations and funds to underserved communities.
GXBank and Grab Malaysia announce eight local startups shortlisted to drive innovation for Malaysia’s fintech ecosystem
GXBank and Grab Malaysia have recently announced the inaugural top eight fintech startups shortlisted to be part of the six-month long TeXnovasi Accelerator Program.
Singapore’s PvX Partners raises $3.8M in seed funding co-led by Play Ventures and General Catalyst
PvX Partners, the Singapore-based financing platform designed for scaling consumer apps, has on Tuesday announced $3.8 million in seed funding co-led by Play Ventures and General Catalyst.
Backbase partners Synpulse to accelerate banking transformation across APAC
Global fintech firm Backbase has announced a strategic partnership with financial services consulting firm Synpulse to accelerate digital transformation for banks across Asia-Pacific.
Singapore and Vietnam enhance cooperation in financial innovation
The Monetary Authority of Singapore (MAS) and the State Bank of Vietnam (SBV) have agreed on Wednesday to enhance their existing memorandum of understanding (MOU) to further cooperate on financial innovation.
Malaysia’s Okapi secures up to $2M in debt financing from Aquila to drive solar energy adoption in Southeast Asia
Okapi Technologies, a Malaysia-based climate fintech startup in the solar financing space, has announced the successful closing of an up to $2 million debt facility arranged by Aquila.
CelcomDigi and PayNet join forces to strengthen digital security in financial transactions
Malaysian telecommunications firm CelcomDigi Berhad and national payments network Payments Network Malaysia Sdn Bhd (PayNet) have announced an inter-industry partnership to provide Malaysians with a more secure and seamless access to digital financial services using CelcomDigi’s Open Gateway.
Singapore’s Chocolate Finance engages with MAS on customer withdrawal issues
The Monetary Authority of Singapore (MAS) said Wednesday that it continues to engage Chocolate Finance, an online robo advisory service operated by Chocfin Pte Ltd, to ensure that all customer withdrawals will be met in an orderly fashion.
