FinTech

Ant International, Standard Chartered collaborate on AI-powered treasury, FX management solutions

Ant International and Standard Chartered announced Monday a new collaboration to introduce an artificial intelligence (AI)-powered treasury and foreign exchange (FX) management solution that integrates Ant International’s Falcon Time-Series Transformer (TST) Model with Standard Chartered’s Aggregated Liquidity Engine (SCALE).

Cashku raises $2.4M funding to expand digital financial planning in Malaysia

Cashku, a Malaysia-based end-to-end digital financial planning platform, has announced a new $2.4 million round of investment led by prominent investors.

Singapore’s Atlas Consolidated secures $18.1M in Series B funding led by Tin Men Capital

Singapore-based fintech firm Atlas Consolidated has secured $18.1 million in Series B funding led by Tin Men Capital to accelerate global adoption of HugoHub.

YTL and SEA launch first AI-powered bank, Ryt Bank

Malaysia's conglomerate YTL Group and its partner tech giant SEA Ltd have launched Ryt Bank, the world’s first artificial intelligence (AI)-powered Bank created by Malaysians, for Malaysians.

2C2P secures Major Payment Institution license in Singapore

2C2P Pte Ltd, a Singapore-based full-suite payments platform, announced Wednesday that it has been granted a Major Payment Institution license from the Monetary Authority of Singapore (MAS).

PayNet and Ant International deepen collaboration to enable international QR payments for Malaysians

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, and Ant International, a Chinese global digital payment, digitization and financial technology provider, have expanded their partnership with a new memorandum of understanding (MoU).

Carro partners SY Holdings to expand tech-driven financing solutions

Carro, the Singapore-based online used car platform, has signed a Memorandum of Understanding with fintech platform SY Holdings, entering a strategic partnership that will support Carro’s expansion plans through tech-enabled financing solutions.

Malaysia’s StashAway launches Shariah Global Portfolios

StashAway, a Malaysia-based digital wealth management platform, has announced the release of its Shariah global portfolios.

Fintech giant Stripe to power global internet commerce growth from Asia with stablecoins & AI 

“Asia is showing extraordinary resilience and focusing on international growth,” said Sarita Singh, regional head and managing director for Southeast Asia, India, and Greater China at Stripe.

iFAST Pay Malaysia expands into regulated payment services

IFAST Corporation Ltd. announced last Friday that its Malaysia-incorporated subsidiary, iFAST Pay Malaysia Sdn Bhd, has received approval-in-principle from Bank Negara Malaysia to operate as an Electronic Money (E-Money) Issuer and to hold a Money Services Business (MSB) Class A license.