FinTech

Q9 Capital, a Hong Kong-based crypto investment platform, announced Thursdasy that it has received a provisional virtual asset (VA) approval from Dubai’s Virtual Asset Regulatory Authority (VARA) as it expands into the United Arab Emirates (UAE) and applies for the full operating license in accordance with VARA requirements.

Global fintech firm Stripe announced Thursday the launch of its services in Thailand. The launch expands Stripe’s investment in Asia Pacific where its services are available to support businesses in Australia, Hong Kong, Japan, Malaysia, New Zealand, Singapore, and Thailand.

Funding Societies Malaysia has announced the appointment of Chai Kien Poon as Country Head of Malaysia. In his new role, he will be responsible for managing day-to-day operations of Funding Societies in Malaysia, as well asdriving strategic business partnerships and initiatives for the largest and leading small and medium-sized enterprise (SME) digital…

Drivetrain AI, Inc., an India-based financial planning, monitoring and decision-making platform, announced Wednesday that it has raised $15 million in funding from Elevation Capital, Jungle Ventures, and Venture Highway.

Wise, the global tech company building the best way to move money around the world, announced Wednesday it is bolstering its Asia ambitions, with the company on track to hit over 400 employees in Singapore by the end of 2022, doubling its team here since the start of the year.

Pocket, an Indonesia-based fintech startup providing a holistic financial health platform for families, announced Monday the completion of an undisclosed amount of pre-seed funding led by East Ventures.

Endowus, the Singapore-based digital wealth advisory platform, announced Monday that it has completed its acquisition of a majority stake in Carret Private Investments Limited, a Hong Kong-based wealth manager and multi-family office that serves ultra-high-net-worth individuals, families, trusts and charitable organisations.

Ayoconnect, an Indonesia-based open finance platform, has closed $13 million for its Series B+ financing round led by SIG Venture Capital with participation from CE Innovation Capital.

Airwallex, the Australia-based global fintech platform, announced Tuesday that it recently closed its Series E extension (Series E2) of $100 million with the same $5.5 billion valuation.

ALAMI Group, an Indonesia-based Shariah-compliant small and medium-sized enterprise (SME) lending platform, announced Monday that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures.