FinTech
Thailand approves virtual bank licenses for Krung Thai, AIS, SCB X, and KakaoBank Consortiums
Thailand’s Ministry of Finance, with the advice of the Bank of Thailand (BOT), has announced the approval of three applicants to establish virtual banks in Thailand.
Singapore Fintech firm Finmo launches MO AI to streamline global treasury operations
Finmo, a Singapore-based fintech firm, announced Thursday the launch of MO AI, a conversational assistant embedded directly within its intelligent treasury platform.
Malaysia’s TNG Digital launches business account to support micro-SMEs and gig workers
TNG Digital Sdn. Bhd, Malaysia’s largest integrated fintech player, has launched the TNG Digital Business Account.
UOB inks agreement with China’s Cross-border Interbank Payment System
UOB and its wholly-owned subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS).
InstaPay Technologies secures Series A2 funding round of $3m to accelerate growth, innovation
Malaysian fintech firm Instapay Technologies Sdn Bhd announced Wednesday the successful completion of a Series A2 funding round of $3 million.
Malaysian fintech firm Paydibs restructures with new digital services focus
Paydibs, a Malaysia-based digital payments firm, has stepped into a new chapter with a future-ready fintech identity, a revitalized leadership team and a bold roadmap aimed at powering the next wave of businesses and small and medium-sized enterprise (SME) growth.
Ria Money Transfer gets approval to enable digital salary payments for Malaysia’s migrant workforce
Ria Money Transfer (Ria), a Malaysia-based fintech firm, has been officially approved by the Department of Labor Peninsular Malaysia (JTKSM) for the disbursement of digital wage payments via the Ria Wallet.
Salmon raises $88M to grow fintech business in the Philippines
Salmon Group Ltd, the Philippines-based financial services firm, has announced the completion of a $88 million fundraise to double down on its commitment to bring cutting-edge financial services and simplify access to credit across Southeast Asia.
SME Bank partners BSN to boost innovation growth for Malaysian entrepreneurs
Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) and Bank Simpanan Nasional (BSN) have entered a strategic partnership through a Memorandum of Understanding (MoU) to empower Malaysia’s homegrown entrepreneurs.
Standard Chartered-backed Audax eyes opportunities in SE Asia & Gulf Nations’ Islamic digital finance ecosystem [Q&A]
In the interview, Indra also insights on Malaysia’s strategic position in revolutionising Islamic finance. With deep expertise in the evolving needs of today’s financial institutions, Indra was instrumental in forging audax’s strategic partnership with Maybank Islamic, driving innovation and expanding digital banking capabilities in the Islamic finance…
