FinTech
TenPay Global broadens integration of international wallets to Weixin Pay
TenPay Global, Tencent's cross-border payment platform and one of the designated inaugural foreign institution partners of China's Cross-Border Interconnection Payment Gateway (CPG), is expanding the connection of international wallets and institutions to Weixin Pay through CPG.
TransBnk partners DigiAlly to accelerate digital transaction banking, SME credit enablement across ASEAN
TransBnk Solutions Private Limited, a transaction banking technology infrastructure provider, and DigiAlly, a Singapore-based fintech firm, announced Tuesday a strategic partnership to deliver seamless, compliant, and fully digital transaction banking and credit enablement journeys for corporates, banks, non-banking financial company (NBFCs), and fintechs…
Australia’s BC Payments secures MPI license from MAS
Australia-based Banking Circle S.A. (Banking Circle) announced Wednesday that its wholly owned subsidiary BC Payments Pte. Ltd. (BC Payments Singapore) has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS).
US’s Boku launches Innovation Hub in Singapore to provide cross-border payment solutions
Boku, the global network for localized payment solutions, announced Wednesday the launch of its Innovation Hub in Singapore.
Singapore’s Nium to join Visa’s stablecoin settlement pilot to support its cross-border payments
Nium, the Singapore-based fintech firm, announced Wednesday it has elected to participate in Visa’s stablecoin settlement pilot, an initiative that enables select partners to settle with Visa using stablecoins across supported blockchains.
Philippine OneLot raises $3.3M in funding co-led by Accion Ventures and 468 Capital
OneLot, the Philippines’ financing platform for used car dealers, has raised $3.3 million in seed funding to expand affordable financing and digital tools for independent dealerships.
GFTN Capital partners Accion to advance inclusive FinTech
GFTN Capital Pte. Ltd., a growth-equity venture firm under the Global Finance & Technology Network (GFTN), announced Tuesday a strategic alliance with Accion, a global nonprofit that supports innovative financial service providers in building a more inclusive world.
MAS and UK FCA announce partnership on AI-in-Finance
The Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) have on Wednesday announced a new strategic partnership on artificial intelligence (AI) in Finance between Singapore and the United Kingdom (UK).
Finmo, Standard Chartered team up to integrate global currency accounts
Finmo, the Singapore-based treasury operating system firm, has partnered with Standard Chartered, an international banking group, to launch global currency account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.
Sea’s revenue jumps 38.3 percent on year in third quarter
Sea Limited, the Singapore-based tech giant, announced Monday its revenue soar 38.3 percent year on year to $6 billion in the third quarter, underpinned by growths across all sectors.
