FinTech
Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants
Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.
Indonesia’s Flip raises $55M in second Series B round led by Tencent
Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly Square, Inc.) and existing investor Insight Partners.
Singapore alternative funding startup Jenfi launches in Indonesia
Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes Vietnam.
China’s regulator denies conducting work on Jack Ma’s Ant IPO revival; Ant says no plan to initiate IPO
The CSRC, however, also said that it "supports qualified platform companies to list within China and overseas".
Alipay+ partners ComfortDelGro for foreign mobile payments in Singapore
ComfortDelGro Taxi and Alipay+ announced Wednesday a partnership that enables mobile payments from Malaysia and South Korea, namely the Touch ‘n Go eWallet and Kakao Pay, to be accepted as cashless payment options in all its Comfort and CityCab taxis. Users of these mobile wallets can pay for the cab fare simply through the wallet apps without the need to…
Razer Fintech acquires Indonesian digital payment firm E2Pay
Razer Fintech’s acquisition of E2Pay expands the organization’s digital payment solutions into Indonesia, one of the region’s fastest-growing digital economies in the world.
ADDX is first Singapore financial institution to recognize crypto assets of accredited investors
Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purpose of onboarding accredited investors.
Indonesia’s GoTo expands its sustainability commitments
PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.
PDS Group launches first fully-digital DLT-based digital bond
The Philippine Dealing System Holdings Corp. (‘PDS Group’) announced on Thursday the launch of a fully digitally native bond, issued on a distributed ledger technology (‘DLT’) network powered by Hashstacs Pte Ltd (‘STACS’), a Singapore-headquartered FinTech firm. The digital bond was issued by the Union Bank of the Philippines (‘UnionBank’) for PHP 11.00…
