FinTech

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia's national payments firm, announced Wednesday that Praveen Rajan has assumed the role of Chief Executive Officer (CEO), effective February 1, 2026.

Singapore has continued to lead in the payments sector, with funding for payments reaching over $319 million during the first nine months of 2025 — surpassing the total FinTech funding (of which payments is a subset) for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam combined, a report showed Wednesday.

Tala, the global financial infrastructure company, announced Wednesday a $100 million partnership deal with Malaysia-based bank CIMB to accelerate its launch in the fast-growing Vietnam market.

For a small business balancing growth with daily operations, the time spent resolving financial hurdles makes regional expansion a challenge. This is where a new generation of digital banks can come in as strategic partners, weaving in financial solutions into the platforms that businesses use every day.

Payoneer Global Inc., the global financial technology company, announced Monday the expansion of its global payment platform with new collection capabilities in Indonesia and enhanced local collection services in Mexico.

Revolut, the global fintech company, announced Monday plans to strengthen its footprint from Singapore to support product innovation and drive expansion across Asia.

Nexus Global Payments (NGP) announced Monday a series of significant governance and network expansion milestones, reinforcing its commitment to advancing seamless, interoperable cross border payment.

Paydibs Sdn Bhd, a Malaysia-based payment firm, has announced a strategic partnership with AltPayNet, a payment service provider based in the Philippines, to provide payment services between Malaysia and the Philippines.

Razorpay Curlec, Malaysia’s payment firm, has teamed up with PayPal, America’s global online payment system, to enable small and medium sized enterprises (SMEs) in Malaysia to accept cross-border payments more seamlessly through a single, unified platform.

PT Artajasa Pembayaran Elektronis (Artajasa), an Indonesia-based payment system infrastructure provider, has entered into a memorandum of understanding (MoU) with Ant International, a Singapore-based digital payment firm, to launch global payments and digital finance partnership.