FinTech

Fintech KPay gains Major Payment Institution licence in Singapore, adds online payments

KPay Merchant Service (Singapore), a subsidiary of fintech KPay Group, was granted a Major Payment Institution licence by the Monetary Authority of Singapore (MAS).

Malaysia’s digital wealth platform Cashku adds Muamalat Invest Shariah funds

Cashku, a Malaysian digital wealth platform that describes itself as AI-native, has partnered with fund management Muamalat Invest to widen its range of Shariah-compliant investment products.

Thailand-based Salary Hero raises $7.6M, enters Malaysia

Salary Hero, a Bangkok-based financial health platform, has raised $7.6 million in Series A equity funding.

BitGo’s Angela Ang on what institutional digital assets still need in APAC [Q&A]

BitGo's Angela Ang discusses institutional digital-asset demand, settlement gaps, custody controls, APAC regulation and bank infrastructure choices.

Syfe launches options-based Income+ Max portfolio in Singapore

Syfe has launched Income+ Max, a Singapore portfolio combining equities, bonds, gold and call options to target 8–10 percent annual distributions.

WEX, Mastercard form Asia-Pacific fleet payments partnership

Two American businesses, WEX Inc. and payments group Mastercard, will combine fuel, maintenance, tolling, and parking payments for vehicle fleets into a single system across Asia-Pacific.

Singapore’s UOB, Amazon Web Services to jointly explore AI-driven banking innovation across ASEAN

Singapore's lender UOB and Amazon Web Services (AWS) will collaborate through a dedicated cloud environment in Singapore, as part of a first-of-its-kind hybrid infrastructure model for banking in ASEAN.

OSL’s Siwei Gong on institutional stablecoin-to-fiat settlement in Asia [Q&A]

OSL's Siwei Gong discusses institutional demand for stablecoin-to-fiat settlement, cross-border B2B payments, treasury workflows and the banking infrastructure needed for wider adoption.

Revolut commits nearly S$350M to Singapore, plans Collyer Quay office

Revolut plans to invest nearly S$350 million in Singapore over five years and grow its local workforce to more than 300 employees.

IFS Capital Limited logo

IFS Capital signs S$79 million MSME loan securitization

IFS Capital has signed a S$79 million securitization backed by Singapore MSME loans, with DBS as arranger and CapitaLand Investment taking the senior notes.