FinTech

Southeast Asia FinTech startups funding falls 39 percent on year in first nine months – Tracxn

Southeast Asia’s FinTech sector raised a total of $839 million in the first nine months of 2025, marking a 39 percent decline compared to $1.4 billion a year ago and a 56 percent drop compared to $1.9 billion in nine months period of 2023, Tracxn said Thursday.

Visa, SCB, Soft Space team up to expand Tap to Pay in Bangkok shopping districts

Visa, a world digital payments firm, in collaboration with Siam Commercial Bank (SCB) and fintech innovator Soft Space, have announced the expansion of the Tap to Pay initiative to two of Bangkok’s most iconic and high-traffic shopping destinations Chatuchak Weekend Market and Pratunam Market.

Hong Kong’s Reap secures MPI license from MAS

Reap Group, a Hong Kong-based fintech company powering digital and blockchain-enabled business account management and embedded solutions for businesses, announced Monday its Singapore entity has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Paydibs partners with AhaPay to advance BNPL adoption in Malaysia’s digital economy

Paydibs, a Malaysia-based payment firm, has announced a partnership with AhaPay, a fintech firm backed by Fingular, to integrate Buy Now Pay Later (BNPL) services into Paydibs ecosystem.

HitPay partners Triple-A to launch stablecoin payments accessible to over 20,000+ Singapore businesses

HitPay, a Singapore-based payments platform, has announced a strategic partnership with Triple-A, a licensed crypto payment solutions provider, to bring stablecoin acceptance to small and medium-sized businesses (SMBs).

Singapre’s ShopBack Pay launches in Hong Kong with Octopus as payment method

ShopBack, the Singapore-based shopping and rewards platform, has launched ShopBack Pay in Hong Kong, enabling consumers to earn and redeem real Cashback in-store at the point of purchase.

DANA, Ant International team up to launch digital sustainability initiative supported by Konservasi Indonesia for marine conservation

Indonesian e-wallet DANA and Chinese fintech firm Ant International, together with Indonesian national foundation Konservasi International, have on Friday unveiled the Ocean Buddy initiative, an interactive in-app mini program to raise awareness and drive long-term public participation in marine conservation among DANA's 200 million users in Indonesia.

Softbank’s PayPay acquires 40% stake in Binance Japan

PayPay Corporation, a Softbank-backed electronic payment services firm in Japan, has made an equity investment in Binance Japan Inc.

SEA sees strong growth in Weixin Pay usage as Chinese tourists travel abroad over Golden Week

Southeast Asia has seen strong growth in Weixin pay usage as Chinese tourists travel abroad over Golden Week, Weixin said Thursday.

Malaysian central bank enables round-the-clock interbank settlement with RENTAS+

Bank Negara Malaysia (BNM) has on Tuesday launched RENTAS+, an enhancement to RENTAS, Malaysia’s real-time gross settlement system (RTGS).