FinTech
Singapore’s Capital C secures seven-figure investment in Pre-Series A funding
Singapore-based fintech services provider Capital C Corporation has secured a seven-figure sum in a pre-series A funding round from Phillip Private Equity, Azure Capital, and high-net-worth individuals.
Maybank Singapore partners PracBiz for supply chain finance
Maybank Singapore and Singapore-based digital supply chain platform PracBiz are collaborating for the bank to offer financing to qualified users of PracBiz Exchange (PBX).
UnaCash: M-commerce to contribute $ 11.1B to Philippines’ digital commerce market in 2025, with BNPL driving growth
The Philippines’ mobile commerce (m-commerce) segment is expected to grow by approximately $ 11.1 billion, representing 25.9 percent or a little over a quarter of digital commerce, latest analysis from in-app and in-store financial solutions provider UnaCash revealed.
Standard Chartered partners Wise to strengthen retail cross-border payments offering
Global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments infrastructure for banks, to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.
Malaysia’s digital bank GXBank introduces new products & tech startup accelerator program
The event also saw the launch of TeXnovasi, a collaborative effort between GXBank and Grab Malaysia, and supported by Cradle Fund Sdn Bhd (Cradle), MYStartup and 1337 Ventures which aims to build an inclusive and sustainable tech-based entrepreneurship ecosystem in Malaysia.
Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia
Funding Societies, the Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs) has on Tuesday announced signing the third credit facility with HSBC under its ASEAN Growth Fund.
Australian fintech firm Bizcap expands into Singapore
Bizcap, an Australia-headquartered fintech firm, has on Monday announced its expansion plans into Singapore, along with the appointment of Joseph Lim as Asia Managing Partner.
Indonesia’s GoTo achieves positive Adjusted EBITDA
GoTo expects to capture additional growth in broad user demographics in its core On-Demand Services and Financial Technology segments more cost-effectively across the expansive Indonesian market by leveraging its unique ecosystem that spans the full range of consumer spending.
MAS announces establishment of Global Finance & Technology Network for next phase of FinTech growth
MAS announced Wednesday the establishment of the Global Finance &Technology Network (GFTN) to further strengthen Singapore as a global FinTech hub and enhance global connectivity for impactful innovation in financial services.
Gobi Dana Impak Ventures invests in Malaysia’s fintech firm DCAP
This investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with Khazanah’s Dana Impak mandate. Gobi’s investment will help DCAP accelerate its mission to provide equitable financial solutions to marginalised communities across Malaysia.
