FinTech

GoTo’s 1Q22 gross revenue grows 53 percent to $357.38m

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Monday that its gross revenue for the first quarter of 2022 (1Q22) increased by 53…

Indonesia’s Bibit raises more than $80M funding led by GIC

Bibit, one of the leading digital investment apps in Indonesia, announced Wednesday that it has raised more than $80 million in a funding round led by GIC Private Limited (GIC),…

Fintech Pebble seeking to catalyze the mass adoption of Blockchain with $6.2M fundraise

Pebble has launched an app that pays you to save, spend, and send your money in one digital wallet. With the rollout of the product, Pebble concurrently announced its $6.2M…

Singapore’s Funding Societies expands financing offerings for MSMEs via Islamic FinTech facilities

Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital financing platform, on Wednesday introduced its Shariah-compliant trade financing solutions…

Malaysia’s Cradle Fund’s outgoing CEO Rafiza Ghazali to lead KAF-led digital Islamic bank

Malaysia-based KAF Investment Bank, which has been awarded a digital banking license last month, announced on Tuesday the appointment of Cradle Fund's outgoing Chief Executive…

Choco Up partners with Shoplazza to transform the financing landscape for DTC e-commerce merchants

Choco Up, a global technology and financial services platform offering revenue-based financing and growth solutions for digital merchants and startups, today announced its…

Grab Financial Group launches new brand GrabFin

Grab Financial Group (GFG), a Singapore-based fintech platform, announced Monday that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and…

Singapore’s Matchmove acquires Shopmatic for $200M

MatchMove, Singapore-based embedded finance firm, said Monday it has acquired e-commerce specialist Shopmatic in a $200 million deal, creating an end-to-end embedded finance and…

Singapore money transfer firm Nium secures license to expand payment services to Malaysia

Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time…

Indonesian FinTech firm Xendit raises $300M Series D funding co-led by Coatue and Insight Partners

Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power…