FinTech

Aspire secures capital markets services licence from MAS

ASG2 Pte Ltd, a subsidiary of Aspire, a Singapore-headquartered finance platform, has on Thursday announced that it has secured the capital markets services license (CMS) from the Monetary Authority of Singapore (MAS).

Project Nexus partners incorporate Nexus Global Payments to run the cross-border payment scheme

Nexus Global Payments (NGP) has on Thursday announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalize and manage the Nexus scheme for enabling safe and instant cross-border payments at scale.

Endowus expands credit offerings with global alternative investment manager Man Group

Endowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore.

Hong Kong’s ZA Bank appoints Calvin Ng as new CEO

Hong Kong digital bank ZA Bank has on Monday announced the appointment of Calvin Ng as its new Chief Executive Officer, effective from March 27.

Singapore’s Elev8 Venture Partners leads $50M funding round in smallcase

Smallcase, India’s largest model portfolios platform, has raised $50 million in its Series D funding round with a mix of primary and secondary led by Singapore's Elev8 Venture Partners.

AEON Bank partners Malaysia Esport Federation to nurture E-Sports talents among local youth

Malaysian Islamic digital bank AEON Bank (M) Berhad and electronic sports governing body Malaysia Esports Federation (MESF) have teamed up to nurture E-Sports talents among local youth.

GXBank partners MDEC to drive digitalization and financial inclusion of MSMEs in Malaysia

GXBank has signed a memorandum of understanding with the Malaysia Digital Economy Corporation (MDEC) to drive digital transformation of micro, small and medium enterprises (MSME) in Malaysia.

Ant International partners LankaPay to launch Alipay+ in Sri Lanka

Ant International, a global digital payment, and LankaPay, Sri Lanka’s National Payment Network, have jointly announced the launch of enabling cross-border mobile payments for Alipay+ partner users via the LANKAQR network, enhancing the connectivity between global consumers and Sri Lankan merchants.

UnaCash: one in four Filipinos have used BNPL; unique users rise to 28.4M in 2024

The Buy Now, Pay Later (BNPL) market in the Philippines has seen significant growth in terms of unique users, with at least one out of four Filipinos having tried the service at least once between 2018 until the end of 2024, UnaCash said Tuesday.

Catcha Digital acquires 92.5 percent stake in banking software firm Theta Service Partner for $7.9M

Malaysia's digital media firm Catcha Digital is acquiring 92.5 percent stake in banking software firm Theta Service Partner for MYR 35 million ($7.9 million).