FinTech
Grab Vietnam partners ZaloPay to enhance cashless payment experience
Grab Company Ltd. (Grab Vietnam) and ZaloPay E-wallet have on Monday officially announced their collaboration to launch ZaloPay on the Grab app. Payment via ZaloPay is now available for almost all Grab app services, including transport, food and grocery, and parcel delivery.
Chintai and Passion Venture Capital ink deal in Singapore to bridge traditional finance with blockchain technology
Chintai, a Singapore-based blockchain platform-as-a-service (BPaaS) company, has signed a memorandum of understanding (MoU) with Passion Venture Capital (PVC) to forge closer collaboration between traditional finance and adoption of security tokens.
Indonesia’s Akulaku raises $200M investment from MUFG
Akulaku, an Indonesia-based banking and digital finance platform, announced Monday a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).
Berjaya Corp partners MNC Group to explore E-Money business in Malaysia
Malaysia-listed conglomerate Berjaya Corporation Berhad (BCorp) and Indonesian conglomerate MNC Group arm PT MNC Kapital Indonesia TBK (BCAP) have signed a preliminary nonbinding term sheet to enable both parƟes to explore e-money business in Malaysia.
UNO Digital Bank partners Trusting Social to offer lending services to Filipino consumers
Singapore-based fintech firms UNO Digital Bank and Trusting Social have on Monday announced a strategic partnership to unlock access to consumer lending for Filipino consumers across wide sections of society.
US’s Payoneer gets approval to provide additional payment services in Singapore
Payoneer, the United States-listed payments firm, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). The license, once received, will allow Payoneer to offer additional payments services.
Validus secures first tranche in Series C-1 round from major East Asian strategic investors
Validus, the Singapore-based financing platform, has on Friday announced that it has secured its first tranche of funds in a Series C-1 round with new, key strategic investors NongHyup Financial Group, NorinChukin Bank, Aizawa Asset Management and Lotte F&L Singapore.
South Korea’s Akros Technologies raises $2.3M funding led by ZVC
South Korean artificial intelligence (AI)-driven fintech start-up Akros Technologies announced on Friday the that it has raised $2.3 milion in a strategic funding round prior to the scheduled Series A funding round next year.The strategic investment was led by ZVC, the corporate venture capital (CVC) of Z Holdings which has global mobile platform LINE…
Wealthcare app Hugosave acquires Visa Principal Member Issuing Licence in Singapore
Singapore-based wealthcare and savings app Hugosave officially announced on Tuesday that it has become a Visa Principal Member Issuing Licensee under its parent company, Atlas Consolidated Pte Ltd. As a principal licence holder, Hugosave will now be able to issue Visa cards directly, as well as sponsor associate licences under Visa,
Airwallex aims to accelerate growth in APAC with new Chief Revenue Officer and APAC GM
Australia-based global fintech platform Airwallex has on Tuesday announced that Kai Wu has been jointly appointed as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai has held a number of senior positions at Airwallex for close to five years, including as Chief Financial Officer and Greater China Chief Executive…
