FinTech
Singapore’s Kredivo raises $270M in Series D equity round led by Mizuho Bank
Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, has on Thursday announced that it has raised $270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close.
UNO Digital Bank partners GCash to offer saving products
Philippine-based UNO Digital Bank has partnered with Philippine mobile wallet app GCash to integrate its services in GSave.
MoMo partners with Western Union for money transfer in Vietnam
Vietnamese digital payment firm MoMo and American multinational financial services company have on Monday announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app.
India’s PhonePe raises $200M additional funding from Walmart
PhonePe, one of India’s largest fintech platforms, has on Friday announced it has raised additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion.
STACS partners GFA to greenify the transportation and logistics sector
Singapore-based environmental, social, and governance (ESG) fintech firm Hashstacs Pte Ltd (STACS), has on Thursday announced its partnership with green logistics certification body and non-profit association Green Freight Asia Network (GFA) to greenify the transportation and logistics sector and enable access to sustainable financing.
RHB Xcelerator program announces 11 finalists
The RHB Xcelerator programme, which have been launched by Malaysian lender RHB Banking Group and Malaysian venture capital (VC) firm 1337 Ventures, has announced 11 finalists that will compete at its first Demo Day.
Indonesia’s Hijra Bank optimistic on this year performance, aiming 1M users in 2024
Indonesian Islamic digital bank Hijra Bank is optimistic that its performance this year will increase, because it is supported by the number of users that have experienced significant growth, in line with the high public needs in sharia financial services.
Visa partners GHL to offer consumers instalment options for in-store purchases in Malaysia
Global digital payments firm Visa has announced its partnership with Malaysia-based payments company GHL Systems Berhad to enable Visa Instalments for in-store purchases, a first of its kind initiative in Asia Pacific.
Yangzijiang Financial works with ADDX on capital markets products distribution
Singapore private market exchange ADDX has inked a memorandum of understanding (MOU) with Singapore-listed financial firm Yangzijiang Financial Holding Ltd for the distribution of capital markets products.
India’s Growfin raises $7.5M Series A funding led by SWC Global
Indian fintech startup Growfin has on Tuesday announced a $7.5 million Series A funding round to provide real-time visibility and predictability in cash flow for modern Chief Financial Officers (CFOs).
