FinTech

Abacus Digital Company Limited, a FinTech firm and the developer of Thailand’s digital lending application MoneyThunder, has successfully completed its inaugural $31 million bond offering to institutional and high-net-worth investors.

Instarem, a global digital payments platform under Nium, and Choco Up, a growth-financing provider, announced Thursday that non-dilutive financing is now embedded inside the Instarem Business portal.

NayaPay, a Pakistan-based fintech platform, has launched global QR payments in collaboration with Alipay+, Ant International’s global wallet gateway.

Airwallex, a global payment firm, has acquired majority ownership of PT Skye Sab Indonesia, a PJP (Penyedia Jasa Pembayaran) Category 1 license holder.

Aspire, the Singapore-based finance platform, is launching its fast, low-cost international payments in Hong Kong.

Audax Financial Technology, a Singapore-based digital banking technology solutions provider supported by Standard Chartered, has partnered with 10x Banking, the cloud-native core banking platform, to to accelerate digital banking modernization across Asia Pacific (APAC), Europe, and the Middle East.

Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.

FinVolution Group’s Philippines business has recently secured a multi-million peso (PHP) credit facility with HSBC in the Philippines.

Circle Asia Technologies, a credit-led neobank based in Singapore, has announced a strategic collaboration with digital payments firm Visa and fintech firm Pismo, to launch Vietnam’s first artificial intelligence (AI)-powered PayLater card.

Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners.