FinTech

1337 Ventures Invests in Malaysian neo banking platform Vircle

1337 Ventures, through its 1337 Accelerator Fund I, has announced its investment in Vircle, a Malaysian neo banking platform focused on transforming financial literacy for children.

Singapore’s KAST secures $10M in seed round led by HSG, Peak XV Partners

KAST, a Singapore-based financial-technology platform built on stable coins, has raised $10 million in seed funding. The round is led by HongShan Capital Group (HSG) and Peak XV Partners.

Australia’s Airwallex reports 83 percent revenue growth across APAC

Australian digital payment firm Airwallex said Wednesday it has reported strong year-on-year revenue growth across its Asia Pacific (APAC) region.

Ant International sees robust growth across pillar businesses of payments, digitalization & inclusive financial services in 2024

Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions. It is committed to driving inclusive growth through open collaboration and continuous innovation.

Ant International joins Swift’s network interoperability reference implementation program to explore innovations in cross-border treasury management solutions

The program is a pre-pilot designed to improve payment transparency in cross-border payments, by exploring the business scenarios on cross-border end-to-end transactions tracking through banks, PSPs and tracking on e-wallet use cases.

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From AI to sustainability: The trends defining tech in Asia-Pacific in 2024

Explore the defining tech stories of 2024 in the Asia-Pacific region, as TNGlobal highlights groundbreaking advancements in AI, notable startup funding, sustainability initiatives, and corporate realignments. Discover how these developments are shaping the future of technology and innovation, positioning the region as a global leader in progress and…

MAS and ABS launch electronic deferred payment solutions in mid-2025

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.

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Navigating the complex landscape of digital resilience: A guide for financial services

When leveraged effectively, data holds the key to increased profit, boosted productivity, and improved customer service. Conversely, when timely and reliable access to this data is removed, by malicious or unintentional means, the negative reputational and business impact can be disastrous.

GORO becomes first participant in Indonesia’s Regulatory Sandbox for property tokenization

GORO’s admission into the OJK Regulatory Sandbox is a pivotal step forward, showcasing its business model’s compliance with Indonesia’s highest regulatory standards. With less than 10 percent of 275 million Indonesians participating in investments, GORO aims to democratize property investment, empowering tens of millions to enter the market.

KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III

Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.