FinTech

Abdul Latif Jameel Finance partners Ant International to grow, strengthen MSMEs in the Kingdom with advanced digital services

Abdul Latif Jameel Finance, an innovative financing solutions and services provider in Saudi Arabia, and Ant International, a global digital payment, digitization and financial technology provider based in Singapore, have signed a memorandum of understanding (MoU) to jointly explore opportunities in the financial technology sector in the Kingdom of Saudi…

Singapore and Indonesia deepen collaboration in FinTech and digital financial assets

The Monetary Authority of Singapore (MAS) and the Otoritas Jasa Keuangan (OJK) have renewed their commitment to deepening collaboration in FinTech and strengthening financial cooperation by signing a memorandum of understanding (MOU) on cooperation in financial technology.

Thunes powers WeChat Pay Hong Kong’s expansion in cross-border money transfers

Thunes, a Singapore-based fintech firm, has announced an alliance with WeChat Pay HK, the Hong Kong dollar denominated e-wallet, to power its expansion in cross-border money transfers.

Endowus partners with Avanda Investment Management to broaden access to Singapore equity investment opportunities

Endowus, a Singapore-based independent wealth advisor and investment platform, announced Thursday a partnership with Avanda Investment Management, a global asset management company, to broaden access to Singapore equity investment opportunities.

Airwallex’s ARR hits $1 billion in October

Global fintech firm Airwallex hits a major milestone with its annualized run rate revenue (ARR) crossed $1 billion in October.

Brankas, INFOPRO team up to boost smarter credit with AI, Open Finance APIs in Southeast Asia

Brankas, the Singapore-based Open Finance technology provider, and INFOPRO, a Malaysia-based artificial intelligence (AI)-driven banking solutions company, are joining hands to boost smarter credit and digital transformation across the Southeast Asia’s banking sector.

Thailand and China launch cross-border QR payment linkage

The Bank of Thailand (BOT) has announced the launch of a new initiative, the cross-border QR payment linkage between Thai banks and three Chinese payment service providers (Alipay, UnionPay, and WeChat Pay), on last Thursday.

Singapore’s Nium secures payment institution license from Central Bank of Brazil

Nium, the Singapore-based global infrastructure for real-time cross-border payments, has announced that the Central Bank of Brazil has formally authorized it to operate as a Payment Institution (PI), representing a major milestone in the firm’s continued expansion across Latin America.

Ant International invests in R2 to expand credit access for SMEs in LATAM

Ant International, a Singapore-based global digital payment firm, announced last Thursday a strategic investment in R2, an embedded lending infrastructure company in Latin America (LATAM), to expand access to credit for small and medium-sized enterprises (SMEs) across the region.

Razorpay Curlec and NPCI International join forces to introduce UPI Payments

Razorpay Curlec, the Malaysia-based payment firm, has partnered with NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), to bring India’s Unified Payments Interface (UPI) to Malaysia.