FinTech

Former Lazada CEO Ray Alimurung joins Philippine sari-sari store enabler Packworks’ Board of Advisors

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, has welcomed Ray Alimurung, former Lazada Chairman and Chief Executive Officer (CEO), to its Board of Advisors.

Singapore’s SUNRATE closes Series D-2 funding round led by Sequoia Capital Southeast Asia

SUNRATE, a Singapore-based intelligent global payment and treasury management platform, announced Thursday that it has raised an extended Series D (Series D-2) funding round from Sequoia Capital Southeast Asia (now known as Peak XV Partners).

GoTo Financial launches GoPay app in Indonesia

GoTo Financial, GoTo's financial technology business unit, has officially launched the GoPay app in Indonesia, as part of its commitment to provide financial services for more people across the country, including those who are not Gojek and Tokopedia users.

NTU, Ant Group collaborate on privacy-preserving computing research

Chinese financial services firm Ant Group and Nanyang Technological University, Singapore (NTU Singapore) have begun a research collaboration to explore privacy-preserving computing technology innovations.

Wise Platform expands APAC footprint with nine new integrations in six months

Wise Platform, Wise’s infrastructure offer for banks andnon-banks alike, has on Wednesday announced its continued expansion in Asia Pacific (APAC), integrating with nine partners in the first half of 2023. The firm has also launched a new feature to help enterprises and theircustomers spend and manage money in multiple currencies.

Singapore’s Resolution Ventures announces final close of its FinTech fund

Resolution Ventures, a Singapore-based venture capital firm, has announced the final close of Resolution Fintech Fund I. With its inaugural fund, Resolution Ventures is committed to backing the most promising founders in Southeast Asian Fintech, buildingsolutions that have local, regional, and international applications.

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The revolution of AI in forex trading: Ensuring secure and transparent platforms amidst investment scams

#AI has revolutionized various industries, and #forex trading is no exception. In this article, we will explore the numerous benefits that AI brings to forex trading, and highlight the increasing need for secure and transparent #trading platforms to combat the rising threat of #investment scams.

Vietnam’s GIMO raises $17.1M in funding led by TNB Aura to fuel expansion

GIMO, a Vietnam-based FinTech startup, has announced the completion of Series A funding round with total capital raise of up to $17.1 million. The round is led by TNB Aura, with participation from the company’s existing backers including Integra Partners, Resolution Ventures, Blauwpark Partners, ThinkZone Ventures, and Y Combinator.

Atome partners TikTok Shop to drive e-commerce growth in Malaysia

Atome, a Singapore-based digital consumer financing platform, has joined forces with TikTok Shop to revolutionize the e-commerce landscape in Malaysia. This strategic partnership enables businesses of all sizes, but particularly young entrepreneurs and small and medium enterprises (SMEs), to harness the potential of online shopping and foster economic…

Philippine Salmon secures $20M of financing from Argentem Creek Partners

Philippine-based consumer fintech Salmon has on Thursday announced it has secured a $20 million debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling the firm to further scale its lending operations across the Philippines.