FinTech

Hong Kong digital bank ZA Bank has on Monday announced the appointment of Calvin Ng as its new Chief Executive Officer, effective from March 27.

Smallcase, India’s largest model portfolios platform, has raised $50 million in its Series D funding round with a mix of primary and secondary led by Singapore's Elev8 Venture Partners.

Malaysian Islamic digital bank AEON Bank (M) Berhad and electronic sports governing body Malaysia Esports Federation (MESF) have teamed up to nurture E-Sports talents among local youth.

GXBank has signed a memorandum of understanding with the Malaysia Digital Economy Corporation (MDEC) to drive digital transformation of micro, small and medium enterprises (MSME) in Malaysia.

Ant International, a global digital payment, and LankaPay, Sri Lanka’s National Payment Network, have jointly announced the launch of enabling cross-border mobile payments for Alipay+ partner users via the LANKAQR network, enhancing the connectivity between global consumers and Sri Lankan merchants.

The Buy Now, Pay Later (BNPL) market in the Philippines has seen significant growth in terms of unique users, with at least one out of four Filipinos having tried the service at least once between 2018 until the end of 2024, UnaCash said Tuesday.

Malaysia's digital media firm Catcha Digital is acquiring 92.5 percent stake in banking software firm Theta Service Partner for MYR 35 million ($7.9 million).

Malaysian Central Bank said Monday that Malaysia is well on track to achieve the Financial Sector Blueprint 2022–2026 target of over 15 percent compounded annual growth in the average e-payment transactions per capita as e-payments transactions continue to rise in 2024.

SenangPay, a Malaysian payment gateway, has partnered with Pine Labs, an India-based fintech firm, to introduce instalment payment plans (IPP) to local businesses through a single integration.

Versa, a Malaysia-based wealth management platform, has completed its Series A funding round led by AHAM Asset Management Berhad (AHAM Capital).