FinTech

As both startups and established players collaborate with regional VCs, the widespread adoption of #AIAgents in #fintech will likely redefine how consumers and businesses engage with financial services—highlighting a more inclusive and innovative digital economy across the region.

In this TNGlobal Q&A with Theo Spyrides, the Head of Product at Primer, we learn more about how #AI is a pivotal force that drives innovation in the rapidly evolving #fintech ecosystem.

EBANX, a Brazil-based global payment service provider (PSP) specializing in emerging markets, has on Monday announced that the firm has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

This initiative aims to provide small and medium businesses (SMBs) with more flexible and secure payment options while improving access to credit for buyers.

Through this collaboration, Standard Chartered will serve as one of StraitsX’s trusted banking partners, providing robust cash management and custody services for the reserve assets backing StraitsX’s U.S. Dollar and Singapore Dollar stablecoins, XUSD and XSGD.

Straits Millennium Pte Ltd, a member of Singapore-based financial services firm Straits Financial Group, has on Monday announced that it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) License to offer digital payment token (DPT) services in the country.

Lendela, a Singapore-based loan matching platform, has on Monday announced the appointment of Kent Huang as Chief Financial Officer (CFO) and Steven Wong as Chief Technology Officer (CTO) to scale its Asia Pacific (APAC) expansion.

Philippine-based financial platform Digido announced Monday that it has signed a memorandum of agreement with PalawanPay, the digital wallet of Palawan Group of Companies (PGC), to strengthen access to fair credit.

Malaysia-based Islamic digital bank AEON Bank (M) Berhad has embarked on a strategic collaboration with fintech enabler focusing on female empowerment MADCash Sdn. Bhd. to empower 100 female entrepreneurs from B40 communities to kickstart their businesses and grow their entrepreneurial skills.

With the new office launch, Ant International will work more closely with local partners in the payment ecosystem to provide innovative payment solutions and inclusive financial services to local acquirers and merchants, especially SMEs doing business in KSA to empower their sustainable growth.