FinTech

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Headquartered in San Francisco and Dublin, Stripe processes over $1.4 trillion of payments annually, equivalent to 1.3 percent of global GDP. Stripe users include half of the Fortune 100, 80 percent of the Forbes Cloud 100 and 78 percent of the Forbes AI 50.

Thunes, the Singapore-based payment firm, and Ripple, the US digital asset infrastructure for financial institutions, have announced an expanded partnership to boost cross-border payments globally.

Paydibs, a Malaysia-based digital payments firm, has announced a strategic partnership with Alipay+, a global wallet unit under Ant International, to expand cross-border payment capabilities.

80 percent of Malaysian shoppers prefer digital wallets for international purchases, according to a study commissioned by Airwallex in partnership with Statista.

Amartha, an Indonesia-based platform for entrepreneurs, announced Wednesday its transformation into Amartha Financial Group after securing a digital wallet license from Bank Indonesia.

Supported by Swift’s trusted infrastructure, Ant International, a Singapore-based global digital payment firm, and Standard Chartered Bank have launched live production trials for a bank-to-wallet payment solution using the ISO 20022 financial messaging standards.

Tazapay, a Singapore-based cross-border payments infrastructure platform, announced Tuesday the successful close of its Series B funding round with investment from Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan).

Moomoo Securities Malaysia Sdn. Bhd. (Moomoo MY), a subsidiary of Futu Holdings Limited, announced Tuesday the opening of its inaugural physical experience store in Southeast Asia, located in the heart of Kuala Lumpur, Malaysia.

Ant International and Standard Chartered announced Monday a new collaboration to introduce an artificial intelligence (AI)-powered treasury and foreign exchange (FX) management solution that integrates Ant International’s Falcon Time-Series Transformer (TST) Model with Standard Chartered’s Aggregated Liquidity Engine (SCALE).