FinTech

Maybank Investment Bank said Thursday that it foresees ASEAN internet players such as Sea, Grab and GoTo to lead growth ahead of global peers.

Singapore-based digital bank GXS Group announced Wednesday that it is on track to launch its business banking solutions in the first quarter of 2025, after launching its retail banking services successfully.

Analysts of UnaFinancial forecast that by 2027, the Buy Now, Pay Later (BNPL) market in Southeast Asia will reach $53.2 billion across six key countries, with Indonesia leading at $16.8 billion and making up 32 percent of the market. The Philippines and Malaysia will experience the fastest growth between 2024 and 2027, with the Philippines projected to grow…

The new facility is anchored by HSBC through its ASEAN Growth Fund and is also supported by DBS Bank Ltd, Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch and Brunei’s Baiduri Bank.

Solarvest Holdings Berhad (Solarvest), a Malaysia-based clean energy firm, has partnered Malaysian fintech firm Finhero, to officially launch its Powervest solar financing program in Vietnam to support clean energy transition among Vietnamese businesses.

Dyna.Ai, a Singapore-based artificial intelligence (AI)-as-a-service company, has announced a strategic partnership with financial institution DCS Card Centre.

Singapore-based fintech services provider Capital C Corporation has secured a seven-figure sum in a pre-series A funding round from Phillip Private Equity, Azure Capital, and high-net-worth individuals.

Maybank Singapore and Singapore-based digital supply chain platform PracBiz are collaborating for the bank to offer financing to qualified users of PracBiz Exchange (PBX).

The Philippines’ mobile commerce (m-commerce) segment is expected to grow by approximately $ 11.1 billion, representing 25.9 percent or a little over a quarter of digital commerce, latest analysis from in-app and in-store financial solutions provider UnaCash revealed.

Global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments infrastructure for banks, to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.