FinTech
Singapore’s iPiD closes oversubscribed $5.3M Pre-Series A round
International Payment Identity (iPiD), a Singapore-based fintech firm, announced Wednesday it has secured $5.3 million in a Pre-Series A funding round. This oversubscribed round was led by early stage tech-focused venture capital firm, Monk’s Hill Ventures.
This Malaysian FinTech startup has been getting funding from Japanese investors. What’s the plan ahead?
In the interview, Soft Space Chief Strategy Officer Chris Leong also shared the company’s challenges, its path to profitability, competitive advantage, the trends he sees in the financial infrastructure space, among others.
Alipay+ partners Hyundai Department Store to enhance payment benefits for global tourists to Korea
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, will embark on joint marketing withHyundai Department Store. The two parties are aiming to expand customer interaction and strengthen their global positions through holding a pop-up store at The Hyundai Seoul, now a globally established…
Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China
Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have launched the International Consumer Friendly Zones program in Shanghai.
Triple-A to integrate Paxos-issued PayPal USD into its payments solutions
Triple-A, the Singapore-based digital currency financial institution, has announced it will incorporate PayPal USD (PYUSD) into its payment services, allowing clients to accept the stablecoin as a payment method, and to facilitate cross-border payments using the stablecoin.
HSBC leads Series A investment in Singapore digital market infrastructure operator Marketnode
Marketnode, a Singapore-based digital market infrastructure operator, has on Thursday announced the successful first close of its Series A investment round led by HSBC alongside contributions from existing shareholder Temasek.
Inflight Dublin, Soft Space collaborate to enhance inflight passenger experience in Southeast Asia
Soft Space, a Malaysia-based fintech-as-a-service (FaaS) provider, and Inflight Dublin, a prominent provider of inflight entertainment (IFE) solutions, have announced a strategic collaboration aimed at transforming the airline inflight experience, from ordering to paying for goods and services.
Pyvio partners Currencycloud to deliver cross-border payments for Chinese e-commerce businesses
United Kingdom-based fintech firm Currencycloud has on Wednesday announced a partnership with Chinese payment firm Pyvio, offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.
MOVE Digital’s revenue drops in first quarter due to declining AirAsia flights sale
MOVE Digital, the digital arm of Malaysia-based Capital A, saw its revenue fell 18 percent year on year to MYR 130.2 million ($27.68 million) in the first quarter. The drop was mainly attributed to decline in sale of AirAsia flights due to heightened price competition in the online travel agency (OTA) landscape, and the cessation of commissions from sales…
Curlec by Razorpay inks partnership with TNG Digital
Malaysia’s fintech firm Curlec by Razorpay has announced its partnership with TNG Digital, the operator of TNG eWallet. Directly integrated with the TNG eWallet enables Curlec to work collaboratively to empower underserved markets to improve financial accessibility for merchants and consumers nationwide.
