FinTech
Singapore’s Endowus raises additional $17.5M, bringing latest fundraising round to over $50M
Singapore-based digital wealth advisory platform Endowus has announced an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5 million.
Vietnam and Laos launch framework for local currency settlement and cross-border QR code payment connectivity
Vietnam and Laos have launched a framework for local currency settlement and cross-border QR code payment connectivity, the State Bank of Vietnam (SBV) and the Bank of the Lao P.D.R. (BOL) said on Friday.
Hong Kong’s Reap receives in-principle approval for MPI license from MAS
Reap, a Hong Kong-based payment technology provider, announced Friday that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the major payment institution (MPI) license for its Singapore entity, Reap Singapore.
China’s XTransfer receives license to provide payment services in Singapore
XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country.
Largest Philippine fintech company GCash said to pick banks for IPO – report
GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange a deal.
Maybank sees robust fintech to drive ASEAN internet sustained growth
Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.
Stableton partners with Alta to expand access to global high-growth pre-IPO investments
Stableton, a Switzerland-based venture capital growth equity fintech platform, has on Tuesday announced a strategic partnership with Singapore-based digital securities exchange for alternative assets Alta, to expand access to global high-growth pre-initial public offering (IPO) investments.
Moomoo Malaysia partners GXBank for integration to simplify investing for Malaysians
Moomoo Malaysia, an investment and trading platform, is partnering with Grab-backed digital bank GXBank for integration to simplify investing for Malaysians.
Digido: Philippines’ digital lending market to potentially exceed $1B in 2025
The digital lending market in the Philippines — consisting of duly-registered non-bank digital lenders and digital banks — could exceed $1 billion in the second half of 2025, with likelihood of growth at an accelerated pace due to the high demand for online technologies from consumers, a study revealed on Tuesday.
Ant International sees lots of progress made in Southeast Asia on FinTech developments like QR payments & inclusive finance
"We see a lot of progress made in Southeast Asia on fintech developments like QR payments and inclusive finance, where the region is already seen as a leader in broad digitalization, including in areas like national standardized QR codes and G2G linkages. We will continue to work closely with our payment and merchant partners in the region to meet these new…
