FinTech

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).

Cashku, a Malaysia-based end-to-end digital financial planning platform, has announced a new $2.4 million round of investment led by prominent investors.

Singapore-based fintech firm Atlas Consolidated has secured $18.1 million in Series B funding led by Tin Men Capital to accelerate global adoption of HugoHub.

Malaysia's conglomerate YTL Group and its partner tech giant SEA Ltd have launched Ryt Bank, the world’s first artificial intelligence (AI)-powered Bank created by Malaysians, for Malaysians.

2C2P Pte Ltd, a Singapore-based full-suite payments platform, announced Wednesday that it has been granted a Major Payment Institution license from the Monetary Authority of Singapore (MAS).

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, and Ant International, a Chinese global digital payment, digitization and financial technology provider, have expanded their partnership with a new memorandum of understanding (MoU).

Carro, the Singapore-based online used car platform, has signed a Memorandum of Understanding with fintech platform SY Holdings, entering a strategic partnership that will support Carro’s expansion plans through tech-enabled financing solutions.