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’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 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…
