FinTech

Indonesia’s Monit raises $2.5M in funding led by Cento Ventures

Monit, Indonesia’s leading spend management platform, has raised $2.5 million in a funding round led by Cento Ventures, with strategic participation from Sansan, a Japanese leader in business to business (B2B) digital transformation.

Singapore sets up entity to administer, govern national payment scheme

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced the incorporation of Singapore Payments Network (SPaN), which will administer and govern Singapore’s national payment schemes.

Seedflex Indonesia officially registered as provider and aggregator for financial products and services

Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.

Brankas partners Gimasys to deliver open banking solution for Vietnam’s financial sector

In the context of Vietnam's digital economy making a strong breakthrough, Singapore's digital banking firm Brankas has officially announced a strategic partnership with Gimasys - a Vietnamese provider of digital transformation solutions.

PayNet, Alipay+, and Weixin Pay join forces to boost tourist spending across Malaysia

Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.

Funding Societies partners Bukku to empower Malaysian SMEs with Instant Financing Qualification

Funding Societies, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, announced Wednesday a strategic partnership with Bukku, Malaysia’s homegrown cloud-based accounting, to offer instant SME financing qualification – a first-of-its-kind integration that removes the friction traditionally associated with loan…

TNG Digital, Setel team up to enable digital payments in Petronas stations

Malaysia-based digital payment firm TNG Digital Sdn Bhd (TNGD) has formalized a strategic partnership with e-money issuer Setel Ventures Sdn Bhd to enable fuelling and payments right at the pump via TNG eWallet, available at over 1,000 Petronas stations nationwide.

Singapore’s dtcpay collaborates with Mastercard Move to offer users seamless global money transfers

Dtcpay, a Singapore-based digital payments solutions provider, has announced its strategic collaboration with Mastercard Move to offer users seamless global money transfers.

Thailand approves virtual bank licenses for Krung Thai, AIS, SCB X, and KakaoBank Consortiums

Thailand’s Ministry of Finance, with the advice of the Bank of Thailand (BOT), has announced the approval of three applicants to establish virtual banks in Thailand.

Singapore Fintech firm Finmo launches MO AI to streamline global treasury operations

Finmo, a Singapore-based fintech firm, announced Thursday the launch of MO AI, a conversational assistant embedded directly within its intelligent treasury platform.