FinTech

IFC invests $7M in Philippine consumer fintech firm Salmon

To help expand financial inclusion in the Philippines, the International Finance Corporation (IFC), a member of the World Bank Group, is investing $7 million in the country's fintech firm Salmon Group Ltd. (Salmon).

Alipay+ enables digital payment of 14 overseas e-wallets from nine countries and regions in Hong Kong

Users of 14 popular overseas e-wallets from nine countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, the firm said Friday.

Salmon expands payment channels with ECPay partnership

Salmon Group Ltd, a financial technology group based in the Philippines, has on Thursday announced its strategic partnership with electronic payment systems provider ECPay, to expand payment channels.

Thailand’s fintech firm T2P partners with Wise Platform to offer international money transfers

T2P Co., Ltd., a payment solution firm in Thailand, has on Thursday announced its strategic partnership with Wise Platform, Wise’s infrastructure solution for banks, fintechs and enterprises.

Australia’s Airwallex expands payment acceptance to the US

Airwallex, an Australia-based global payments and financial platform, has on Thursday announced the United States launch of its payment acceptance solution.

GXBank on track to establish regional center of excellence for shared services in Malaysia

Grab-backed digital bank GXBank is on track to establish a regional center of excellence (COE) for shared services in Malaysia. Establishing the COE is part of GXBank’s MYR 1.5 billion (314 million U.S. dollars) investment into Malaysia over the next five years.

Singapore’s Thunes acquires US payments platform Tilia LLC

Thunes, a Singapore-based cross-border payments company, announced Tuesday it has signed a definitive agreement to acquire Tilia LLC, a United States-based all-in-one payments platform for gaming, to accelerate its growth in the US and its presence in the fast-expanding online gaming market.

Primer partners Banxa to strengthen global crypto adoption through payments

Tencent-backed fintech firm Primer, has on Wednesday announced its strategic partnership with Banxa, a crypto infrastructure provider based in Australia, to boost crypto adoption via payments.

Funding Societies partners SGeBIZ to bring embedded finance solutions for SMEs in Singapore

Funding Societies, the Singapore-based unified small and medium enterprises (SME) digital finance platform, has announced a strategic partnership with Singapore E-Business (SGeBIZ), a digital procurement, payment and sourcing platform provider, to bring business to business (B2B) embedded finance (EmFi) solutions to businesses in Singapore.

Fasset partners MBSB to explore blockchain-powered Shariah-compliant banking solutions in Malaysia

United Arab Emirates (UAE)'s digital asset infrastructure provider Fasset has inked deal with Malaysian lender Malaysia Building Society Berhad (MBSB) to explore blockchain-powered Shariah-compliant banking solutions in Malaysia.