FinTech
Sea’s revenue jumps 29.6 percent amid strong e-commerce sales
Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.
Sea opens new digital financial services headquarters in Singapore; rebrands SeaMoney to Monee
Singapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee.
Tencent-backed fintech firm Primer reports 239 percent year-on-year growth in payment volume in APAC
Primer, the Tencent-backed fintech firm, has announced that it has ‘set down roots’ in Singapore, incorporating in the city state following a strong year of growth in Asia-Pacific, which saw a 239 percent increase in payment volume.
Ant International partners with Barclays on global treasury management with proprietary AI-powered FX model
Singapore-based financial technology firm Ant International has entered a partnership with the United Kingdom bank Barclays to enhance efficiency and resilience in global treasury management for businesses.
Singapore’s Seedflex raises $3.2M in a seed extension round co-led by Z Venture Capital, Iterative
Seedflex Technologies, a Singapore-based fintech platform co-founded by two former Grab executives, has raised a $3.2 million seed extension round co-led by Z Venture Capital (ZVC) and Iterative.
PayNet launches Fintech accelerator to catalyze and support industry growth in Malaysia
Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub).
Boost Bank disburses $35.52M to hundreds of SMEs in Malaysia
Malaysia's digital bank Boost Bank said Tuesday it has disbursed close to MYR 150 million ($35.52 million) financing disbursements across hundreds of small and medium-sized enterprise (SMEs).
Digido: Filipinos spent 1.54 billion seconds using digital lending apps in 2024
About 1.54 billion seconds were spent by persons in using non-bank digital lending applications in the Philippines in 2024, according to new analysis from Digido.
Singapore’s XWeave raises $3M in seed round led by Jungle Ventures
XWeave, a Singapore-based cross border payments through stablecoins, announced Monday a $3 million seed funding round led by Jungle Ventures via First Cheque@Jungle and Lightshift.
Finance has a new ally: AI that catches what humans miss
The financial world moves fast. Errors move faster. And regulators are paying attention. AI isn’t just a competitive edge anymore, it has become a necessity. For finance teams, it's time to stop playing catch-up and start getting ahead of the curve with AI as their ally.
