FinTech
Funding Societies secures $25M investment from Cool Japan Fund
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, has on Thursday announced that it has raised US$25 million in equity investment from Japan’s sovereign wealth fund Cool Japan Fund (CJF).
Malaysian fintech startup Swipey secures investment from 1337 Ventures
Swipey, a Malaysian fintech startup, has secured a funding from 1337 Ventures to boost small and medium-sized enterprise (SME) financial management.
Swedish FinTech firm Vilja to open an additional development center in Malaysia
Swedish FinTech firm Vilja has announced the opening of a new development center in Kuala Lumpur, Malaysia, which will launch in 2025.
Funding Societies extends partnerships with CGC Digital to boost Malaysian micro and small businesses financing
Funding Societies | Modalku, a Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs), has expanded its digital guarantee products in partnership with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad, to provide Malaysian micro and small businesses with broader and more affordable…
Singapore’s Tyme raises $250M in Series D funding round led by Nubank
Tyme Group, the Singapore-based multi-country digital banking group, has on Tuesday announced that it has raised $250 million in Series D funding round led by Brazilian neobank Nubank.
Maybank expects e-commerce/on-demand services growth for Singapore internet firms to be sustained over the medium term
Maybank Investment Bank said Monday that it expects core e-commerce/on-demand services growth of internet companies in Singapore to be sustained over the medium term owing to under-penetration.
Building a neobank: The future of financial services
The rise of neobanks marks the beginning of a new era in #FinTech — one that is more agile, user-first, and more responsive to the needs of today’s consumers. By leveraging the right technologies, prioritizing security, and staying flexible, #Neobanks have the potential to reshape the traditional financial services industry.
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.
