FinTech

Maybank sees virtual banking, cyber-security spending as two growth drivers for Thailand tech services

Maybank Investment Bank sees virtual banking investment and expected increases in cyber-security spending as two key drivers for Thailand tech services sectors in the next two years.

Hong Kong’s FundPark crosses $3B in capital for underserved digital entrepreneurs

FundPark, a Hong Kong-based fintech firm, has announced it has surpassed $3 billion in total capital deployed to support underserved entrepreneurs and digital businesses.

Malaysia’s Heitech Padu terminates 30% stake acquisition in Souqa Fintech

Malaysia-based technology firm HeiTech Padu has terminated its plan to acquire 30 percent stake in Islamic payment firm Souqa Fintech.

Bursa Malaysia, TNG Digital, Affin Hwang Investment team up to launch equities market trading feature within the TNG eWallet

Bursa Malaysia Berhad, TNG Digital Sdn. Bhd., and Affin Hwang Investment Bank Berhad have on Tuesday announced the launch of e-Trade, the first equities market trading feature within the TNG eWallet.

Maybank partners Bank of Hangzhou to enhance cross border financing, advancing AI, digital innovation

Malayan Banking Berhad (Maybank) has announced on Thursday announced a strategic collaboration with Chinese lender Bank of Hangzhou to enhance cross border financing and advancing artificial intelligence (AI), Digital innovation.

Filipino fintech firm Salmon completes $30M Series A-2 financing round

Salmon intends to allocate a portion of the proceeds to strengthen the capital base of the Rural Bank of Sta. Rosa (Laguna), with plans to increase the bank's total capital to PHP 1.2 billion by the end of 2025.

IFC invests $7M into Philippine technology firm First Circle

The International Finance Corporation (IFC) has invested $7 million into First Circle, a technology company providing smart banking solutions to small and medium-sized enterprises (SMEs) in the Philippines.

Singapore’s Sleek secures $5M in debt financing led by Fintech Nation Fund

Singapore FinTech firm Sleek has secured $5 million in debt financing, led by the Singapore-based Fintech Nation Fund, to power its continued growth.

HeiTech Padu acquires 30% stake in Islamic payment firm Souqa Fintech for $3.94M

Malaysia-based technology firm HeiTech Padu has proposed to acquire 30 percent stake in Islamic payment firm Souqa Fintech for MYR 16.17 million ($3.94 million).

Lendela’s Bryan Tay on maximizing financial flexibility for SMEs [Q&A]

In this TNGlobal Q&A, Lendela's Bryan Tay shares his insights on how borrowers can capitalize on potential rate cuts, refinance existing loans, and secure more favorable financing terms. He explains the importance of transparency in lending, how #SMEs can avoid common pitfalls, and the role fintech platforms like Lendela play in leveling the playing field…