FinTech
MAS expands scope of regulated payment services
The Monetary Authority of Singapore (MAS) has on Tuesday introduced amendments to the Payment Services Act (PS Act) and its subsidiary legislation to expand the scope of payment services regulated by MAS, and to impose user protection and financial stability-related requirements on digital payment token (DPT) service providers.
SC Ventures partners NEXT176 to launch wealth platform
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and NEXT176, the venture building and investment arm of Old Mutual, a Pan-African financial services group, have joined forces to launch an inclusive financial wellness platform.
The Salmon Group partners AllBank to launch QR Ph payment method
Salmon Group, a financial technology group, dedicated to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, has partnered with with the Philippines-based payment firm AllBank (A Thrift Bank), Inc, to introduce an innovative QR Ph-enabled payment solution
Thailand’s biggest crypto exchange Bitkub hiring advisers for 2025 IPO – report
Bitkub plans to go public on the Stock Exchange of Thailand in a bid to boost the company’s profile and raise money.
FinDoc partners Malaysia’s CTOS to offer AI-enhanced ID verification in loan eligibility screening
FinDoc Sdn Bhd (FinDoc), a Malaysia-based FinTech startup, has announced a strategic partnership with CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, to offer artificial intelligence (AI)-enhanced ID verification in loan eligibility screening.
Capital A’s digital arm forms strategic partnership with Ant International
The partnership covers various areas, exploring to integrate more payment methods and providing acquiring services to Capital A’s platforms, work on digital marketing and sponsorship opportunities to drive business growth, and to cooperate in enhancing access to sustainable finance while transitioning to a low carbon economy for the Micro, Small & Medium…
Indonesia’s LinkAja secures strategic investment from Mitsui
Indonesian digital wallet LinkAja announced its corporate action on Wednesday by securing strategic investment from Mitsui & Co., Ltd. (Mitsui).
Helicap partners Crowd Credit to pump $50M into Southeast Asia for Japanese investors
Japanese financial services company Crowd Credit Inc has parntered with Singapore's fintech firm Helicap Pte Ltd (Helicap) to pump $50 million into Southeast Asia for Japanese investors.
Japan’s GMO Financial Gate invests in Malaysia’s FinTech firm Soft Space
Soft Space, Malaysia-based fintech-as-a-service (FaaS) company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc, one of Japan’s largest payment processing companies. Soft Space said in a statement on Monday that this investment from GMO-FG comes before Soft Space’s planned Series C funding round, aimed at…
Singapore’s Doxa inks deal with Maybank for supply chain financing in construction sector
Malayan Banking Berhad (Maybank) has inked a deal with Singapore-headquartered fintech firm Doxa Holdings International (Doxa), to collaborate on providing and elevating supply chain financing (SCF) solutions for market players in the building and construction sector, and later expanding into other industries.
