FinTech

Strike, the United States-based digital payments platform built on Bitcoin’s Lightning Network, has on Tuesday announced the expansion of its “Send Globally” product to the Philippines. The firm has partnered with Pouch.ph in the Philippines, enabling transfers from U.S. dollars that are received as Philippine pesos in a recipient's bank or mobile money…

Ayoconnect, an Indonesia-based open finance API platform, has on Tuesday announced a strategic partnership with Mastercard to modernize bank account-based payments and co-create open finance solutions in Indonesia.

United Kingdom-listed CMC Markets Plc, a global online financial trading firm, has on Tuesday announced that its Singapore subsidiary entity, CMC Markets Singapore Invest Pte. Ltd. (CSMI), has received a regulatory in-principle approval from the Monetary Authority of Singapore (MAS) for a capital markets services licence (CMSL) to offer online and mobile…

Pilon, a Singapore-based FinTech firm that offers cloud-based supply chain financing system, has on Friday announced that it has successfully raised a seed round of $5.2 million led by Wavemaker Partners. The round also saw participation from Octava Pte Ltd and Polaris Kin Pte Ltd.

Touch ‘n Go Group, via the Touch ‘n Go eWallet, has formed a strategic partnership with Visa, the world’s leader in digital payments, to launch the first corporate social responsibility (CSR)-linked Visa prepaid card in Malaysia.

PeopleFund Company, the South Korea artificial intelligence (AI)-based digital lending platform, has recently closed a $20 million funding round led by Bain Capital. A total of nine companies including Access Ventures, CLSA Capital Partners LendingArk Asia, D3 Jubilee Partners, 500 Global, Kakao Investment, TBT Partners, and IBX Partners have also…

Australia-based global fintech Airwallex has on Tuesday announced the launch of a partnership with American Express, allowing Airwallex customers to accept American Express Cards as a payment method.

Newly launched Filipino digital bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos.

Komunal, an Indonesia-based fintech company, has on Tuesday announced that it has successfully secured $8.5 million of funding led by East Ventures (Growth fund). This funding round is also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners.