FinTech
Malaysia and Cambodia central banks team up to strengthen regional cooperation in financial innovation and payments
Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) said Tuesday they have signed a Memorandum of Understanding (MoU) to strengthen cooperation in financial innovation and payments. The MoU will promote closer cooperation between BNM and NBC to drive financial innovation and foster more efficient and secure cross-border payments for the…
February 27, 2024
Singapore’s fintech firm Refy secures $525,000 pre-seed funding from Wavemaker Impact
Refy, a Singapore-based green asset fintech financier, has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of unlocking the market for small- and mid-sized green assets within the commercial and industrial (C&I) sectors.
February 27, 2024
News,FinTech,Venture Capital,Singapore,Malaysia
Singapore FinTech Association launches Project Tapir to connect Singapore’s FinTechs with Malaysian VCs
The Singapore FinTech Association (SFA) has launched Project Tapir, partnering with Malaysia-based venture capital (VC) firms, Artem Ventures and OSK Ventures International Berhad (OSKVI) to identify and showcase promising Singapore FinTech companies who are keen to launch in Malaysia.
February 26, 2024
Vietnamese FinTech firm 1Long raises $500,000 for technology development
Vietnam-based 1Long, a financial technology platform focused on helping individuals achieve financial goals, has on Monday announced securing a $500,000 investment in a pre-seed round. The funding is contributed by major investors including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital.
February 26, 2024
Indonesian fintech firm JULO reports profitability in 2023
JULO, an Indonesia-based digital financial servicesplatform, has on Monday announced it has achieved an annual recurring revenue of over $120 million, with its total loan disbursement experiencing a 50 percent growth in 2023. The milestone comes alongside the company reporting operating profit breakeven in December 2023, underscoring its sustainable…
February 26, 2024
Philippines-based SME lender ProCredit secures $4.1M in Pre-Seed funding led by Integra Partners
ProCredit, a Philippines-based small and medium-sized enterprise (SME) lender, closed a $4.1 million pre-seed round, led by Integra Partners. The round also saw participation from the Menardo Jimenez Family Office, M Venture Partners (MVP), Cento Ventures, Gobi Partners (Gobi-Core Philippine Fund), and several local angels.
February 26, 2024
Navigating the digital wave: opportunities & growth explored in EBANX’s Beyond Borders 2024 report
For global companies, rising economies represent an enormous growth opportunity, especially for digital businesses. Digital industries across the world have reached a plateau, with high levels of competition and user penetration.
February 23, 2024
News,FinTech,Singapore,Indonesia
Helicap partners Bank Danamon to support alternative lending in Indonesia
Singaporean finTech firm Helicap Pte Ltd and Indonesian lender PT Bank Danamon Indonesia Tbk (Danamon) have on Thursday announced a strategic partnership to support fintech and alternative lending industry in Indonesia.
February 22, 2024
News,FinTech,Singapore,Philippines
UNOAsia secures $32.1M pre-series B funding for expansion in Philippines
Singapore-headquartered fintech firm UNOAsia Pte Ltd has raised $32.1 million in a pre-Series B round to propel its mission to reshape the future of banking in the Philippines. This funding round represents a blend of equity and debt, which augurs well for UNOAsia as it seeks to solidify UNO Digital Bank’s presence in the Philippines and to accelerate its…
February 21, 2024
Singapore fintech platform Xalts acquires Contour Network from consortium of global banks
Accel and Citi Ventures-backed Singapore fintech firm Xalts has on Tuesday announced its acquisition of Contour Network, owned by a consortium of global banks, to accelerate digitization in trade and supply chain finance.
February 20, 2024
DNX Ventures raises $243M for two new Japan funds
March 26, 2024
Vietnam’s VinFast unveils EV lineup in Thailand
March 26, 2024
DNX Ventures raises $243M for two new Japan funds
March 26, 2024
Vietnam’s VinFast unveils EV lineup in Thailand
March 26, 2024