FinTech
IFC invests $130M in Asialink to boost small-business lending in the Philippines
In line with its goal to ramp up financial inclusion in the Philippines, the International Finance Corporation (IFC) announced Tuesday it will provide up to $130 million in investment to Asialink Finance Corporation (AFC).
Malaysia’s Maybank Islamic appoints audax and AWS to drive digital transformation
Maybank Islamic Bhd, the Islamic banking arm of Malaysia's lender Maybank Group, has appointed Standard Chartered backed technology solutions provider audax Financial Technology (audax) as its strategic partner to spearhead the digital transformation of its banking services.
Singapore’s GFTN partners Odisha to establish Fintech hub in Bhubaneswar
Government of Odisha’s Electronics and Information Technology (E&IT) Department and the Global Finance & Technology Network (GFTN) signed a memorandum of understanding (MoU) to establish a Global Competency Center in Bhubaneshwar Odisha to foster FinTech collaboration.
Dtcpay partners with Primer to expand stablecoin payments in Southeast Asia
Singapore-based digital payments provider dtcpay and global payments infrastructure firm Primer have on Monday announced a strategic partnership to facilitate seamless transactions across fiat and stable coins for Southeast Asian consumers.
UnionPay, BSN team up to boost digital payment in Malaysia with QR payment
Chinese payment firm UnionPay International (UPI) has announced a strategic partnership with Malaysia-based Bank Simpanan Nasional (BSN) to launch the UnionPay QR payment in Malaysia in the first half of 2025.
Thunes partners Hyperwallet to expand payout access for merchants across Asia-Pacific
Singapore-based fintech firm Thunes has welcomed Hyperwallet, a PayPal service for global payouts, as a member of Thunes’ Direct Global Network.
Vietnam-based ABBANK invests in Backbase to launch digital banking platform
Vietnam-based An Binh Commercial Joint Stock Bank (ABBANK) has invested in engagement banking firm Backbase to launch digital banking platform.
Malaysia’s Hong Leong partners China’s WeBank for FinTech and AI banking solutions
Malaysian lender Hong Leong Bank (HLB) has on Friday announced a strategic cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, for FinTech and artificial intelligence (AI).
Aaron Foo steps into new role as Tyme’s Chief Product Officer
Tyme Group, the multi-country digital banking group headquartered in Singapore with over 15 million customers in Africa and South-East Asia, has announced that Aaron Foo, Tyme’s and GoTyme Bank’s Chief Strategy Officer, will be taking on a new role as Tyme’s Chief Product Officer.
Grab-backed Superbank mulling Jakarta IPO this year to raise up to $300M — report
The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.
