FinTech
Ant International partners LankaPay to launch Alipay+ in Sri Lanka
Ant International, a global digital payment, and LankaPay, Sri Lanka’s National Payment Network, have jointly announced the launch of enabling cross-border mobile payments for Alipay+ partner users via the LANKAQR network, enhancing the connectivity between global consumers and Sri Lankan merchants.
UnaCash: one in four Filipinos have used BNPL; unique users rise to 28.4M in 2024
The Buy Now, Pay Later (BNPL) market in the Philippines has seen significant growth in terms of unique users, with at least one out of four Filipinos having tried the service at least once between 2018 until the end of 2024, UnaCash said Tuesday.
Catcha Digital acquires 92.5 percent stake in banking software firm Theta Service Partner for $7.9M
Malaysia's digital media firm Catcha Digital is acquiring 92.5 percent stake in banking software firm Theta Service Partner for MYR 35 million ($7.9 million).
Malaysia’s e-payments transactions continue to rise in 2024
Malaysian Central Bank said Monday that Malaysia is well on track to achieve the Financial Sector Blueprint 2022–2026 target of over 15 percent compounded annual growth in the average e-payment transactions per capita as e-payments transactions continue to rise in 2024.
SenangPay partners with Pine Labs to launch instalment payment plan for Malaysian businesses
SenangPay, a Malaysian payment gateway, has partnered with Pine Labs, an India-based fintech firm, to introduce instalment payment plans (IPP) to local businesses through a single integration.
Malaysia’s Versa raises $6.79M in Series A funding round led by AHAM Capital
Versa, a Malaysia-based wealth management platform, has completed its Series A funding round led by AHAM Asset Management Berhad (AHAM Capital).
RAM: GXBank tops Malaysia’s digital banking customer deposits with $489M for first nine months of 2024
Grab-backed GXBank, topped Malaysia's digital banking customer deposits with MYR 2.16 billion ($489 million) for the first nine months of 2024, RAM Ratings said Friday.
Temu, DLocal team up to expand shoppers payment solution in Africa, Asia, Latin America
Temu, the global e-commerce platform of China’s PDD Holdings, and dLocal, the cross-border payment platform connecting global merchants to emerging markets, have announced a strategic partnership to expand their payments in Africa, Asia, Latin America.
PayNet, Swipey join forces to drive SME digitalization with DuitNow QR
Malaysia's fintech firms Payments Network Malaysia (PayNet) and Swipey Digital Services (Swipey) have announced a strategic partnership to expand digital payment adoption among Malaysian small and medium-sized enterprises (SMEs).
Senang.io partners with iRemit to launch financial product for Filipino overseas workers
Senang.io, a Malaysian headquartered fintech company, has partnered with iRemit, a Filipino-owned non-bank remittance provider, to launch the DreamSecure — a financial product designed exclusively for Filipino overseas workers (OFWs).
