FinTech

PayNet, Alipay+, and Weixin Pay join forces to boost tourist spending across Malaysia

Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.

Funding Societies partners Bukku to empower Malaysian SMEs with Instant Financing Qualification

Funding Societies, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, announced Wednesday a strategic partnership with Bukku, Malaysia’s homegrown cloud-based accounting, to offer instant SME financing qualification – a first-of-its-kind integration that removes the friction traditionally associated with loan…

TNG Digital, Setel team up to enable digital payments in Petronas stations

Malaysia-based digital payment firm TNG Digital Sdn Bhd (TNGD) has formalized a strategic partnership with e-money issuer Setel Ventures Sdn Bhd to enable fuelling and payments right at the pump via TNG eWallet, available at over 1,000 Petronas stations nationwide.

Singapore’s dtcpay collaborates with Mastercard Move to offer users seamless global money transfers

Dtcpay, a Singapore-based digital payments solutions provider, has announced its strategic collaboration with Mastercard Move to offer users seamless global money transfers.

Thailand approves virtual bank licenses for Krung Thai, AIS, SCB X, and KakaoBank Consortiums

Thailand’s Ministry of Finance, with the advice of the Bank of Thailand (BOT), has announced the approval of three applicants to establish virtual banks in Thailand.

Singapore Fintech firm Finmo launches MO AI to streamline global treasury operations

Finmo, a Singapore-based fintech firm, announced Thursday the launch of MO AI, a conversational assistant embedded directly within its intelligent treasury platform.

Malaysia’s TNG Digital launches business account to support micro-SMEs and gig workers

TNG Digital Sdn. Bhd, Malaysia’s largest integrated fintech player, has launched the TNG Digital Business Account.

UOB inks agreement with China’s Cross-border Interbank Payment System

UOB and its wholly-owned subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS).

InstaPay Technologies secures Series A2 funding round of $3m to accelerate growth, innovation

Malaysian fintech firm Instapay Technologies Sdn Bhd announced Wednesday the successful completion of a Series A2 funding round of $3 million.

Malaysian fintech firm Paydibs restructures with new digital services focus

Paydibs, a Malaysia-based digital payments firm, has stepped into a new chapter with a future-ready fintech identity, a revitalized leadership team and a bold roadmap aimed at powering the next wave of businesses and small and medium-sized enterprise (SME) growth.