FinTech

Alipay launches AI payment solution, AI wallet, Token Pay services as AI commerce expands

China’s online and mobile payment platform Alipay  has introduced its full-stack AI payment solution to partners across industries, ranging from AI companies to traditional retailers, and debuted two new services, namely the world’s first AI Wallet and Token Pay, to support the agentic economy’s rapid growth.

Malaysia’s Bank Rakyat inks deal with strategic partners for Fintech Community Hub initiative

Malaysia's lender Bank Rakyat has continued to strengthen its digital transformation agenda through the signing of a memorandum of understanding (MoU) with strategic partners including the Fintech Association of Malaysia (FAOM), Plug and Play, and PayNet, for the implementation of the Bank Rakyat Fintech Community Hub initiative.

PH’s BNPL firm Billease joins LenderLink’s Credit Intelligence Network

Billease, the Philippines' Buy Now Pay Later platform, has joined LenderLink’s Credit Intelligence Network, expanding real-time access to borrower data across the Philippines’ lending ecosystem.

Grab to consolidate Indonesian digital Lender Superbank as Singtel transfers stake

Grab Holdings Limited will consolidate PT Super Bank Indonesia Tbk (Superbank) after GXS Bank, its digital banking subsidiary jointly owned with Singapore's Singtel, receives a shareholding transfer from Singtel Alpha Investments.

Primer raises $100M to expand AI-driven payments platform, Southeast Asia-focused Peak XV joins

London-based Primer, a global payment facilitator, has raised $100 million in a Series C funding round as the company expands its AI-enabled payments and finance infrastructure platform.

Australia’s EzyRemit, Philippines’ lender RCBC to jointly expand Australia-Philippines cross-border payments

Australia's EZYREMIT WORLDWIDE and the Philippines' Rizal Commercial Banking Corporation (RCBC) will join hands to expand cross-border financial services between Australia and the Philippines.

Indonesia’s investment app Pluang raises $10M

Indonesia-based investment platform Pluang has raised $10 million in funding while launching Indonesian equities on its app, as the company expands its position in the country’s growing retail investment market.

Malaysia’s GXBank expands MSME financing access higher loan limits, digital guarantees

Malaysia's GX Bank Berhad (GXBank) has expanded its GX Business Banking services for micro, small and medium enterprises (MSMEs), including higher financing limits and broader eligibility requirements for business account applications and credit assessments.

Funding Societies, Boost Bank partner to expand property-backed business financing for SMEs in Malaysia

Singapore-headquartered digital financing platform Funding Societies and Malaysia’s homegrown digital lender Boost Bank have on Monday announced a strategic partnership to broaden access to property-backed business financing for small and medium enterprises (SMEs), including asset-owning micro, small, and medium enterprises (MSME)s and growing SMEs, in…

Fasset raises $51M to expand stablecoin banking services in Asia, Americas, Africa

Fasset, a banking and investment platform headquartered in the United States, has raised $51 million in a Series B funding round as it expands its stablecoin-powered banking and financial infrastructure services across Asia, including Southeast Asia, and other emerging markets.