FinTech
Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap
Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.
Singapore’s Validus secures up to $50M facility from HSBC to strengthen digital lending for MSMEs in Indonesia
Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…
Digido : adoption of fintech services through mobile apps to reach nearly 80 percent in the Philippines by end of 2024
The adoption rate of financial technology in the Philippines through mobile apps among the population aged 15 years old and above may increase to 79.5 percent or approximately 66.4 million unique users by the end of 2024, new analysis from consumer credit service Digido revealed on last Thursday.
Ant International joins the Hong Kong Monetary Authority’s Project Ensemble Sandbox
Singapore-based fintech firm Ant International has announced its participation in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble Sandbox, focusing on “Liquidity Management”, one of its four main themes.
Navigating Southeast Asia’s fintech frontier
As #SoutheastAsia's fintech landscape evolves, early-stage startups face both challenges and unprecedented opportunities. By laser-focusing on core competencies, embracing customer-centric innovation, and forging strategic partnerships, ventures can carve out their niche in an increasingly competitive #fintech market. The key lies in balancing visionary…
Malaysia’s FinKnight secures funding from First Move, Gobi Partners Affiliate to expand financial support for startups
Malaysia-based fintech firm FinKnight, formerly Beetle Knight Advisory, has secured strategic investment from First Move and Gobi Partners Affiliate to enhance financial services for startups and scaleups in Southeast Asia.
Singapore’s Amilo acquires Thailand’s Sivadon Logistics to accelerate growth
Amilo, a Singapore-based logistics firm, has on Thursday announced its acquisition of Sivadon Logistics in Thailand to accelerate growth.
Singapore’s DCS Innov acquires wallet-as-a-service platform HolyWally
Singapore-based DCS Innov, a subsidiary of DCS Fintech Holdings, has on Thursday announced the acquisition of HolyWally, wallet-as-a-service (WaaS) platform. This strategic move marks a significant milestone in DCS Innov’s global expansion plans, particularly into the United States and European markets,.
Global payments platform Adyen expands payment processing to India
Adyen, the global fintech firm, announced Thursday its expansion in India. This is following the grant of authorization from the Reserve Bank of India to operate as an online payment aggregator in India for domestic and cross-border payments.
Xero Research: Digital payment trends exploding in Singapore with Gen Z leading shift
New research by global small business platform Xero revealed Thursday that Singapore’s younger generations of consumers are leading the shift to digital payments while more than half of small businesses in the country do not currently provide cash payment options.
