FinTech

BigPay, the mobile payments unit of Malaysia-based Capital A, has announced its expansion into Thailand, bringing a financial solution to travellers and residents alike.

PEXX, a Singapore-based fintech startup specializing in cryptocurrency and blockchain technology, has on Tuesday announced the successful closure of a $4.5 million seed funding.

Asia-Pacific cashless payments projected to reach almost 45% of global payment volume by 2030, S&P Global Market Intelligence said Tuesday.

Partior, a Singapore-based fintech company, has announced the first close of a $60 million+ Series B round led by Peak XV Partners.

Primer, the United Kingdom-based payment firm, and Pelago, the travel experiences arm of Singapore Airlines Group, have forged a partnership allowing Pelago to elevate its payments strategy and meet the payment preferences of travelers worldwide.

BNP Paribas, the European Union’s leading bank, and Ant International, a Singapore-based digital payment and financial technology firm, have formed a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe.

66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in ten expected to prioritize modernizing their financial operations this year, a report said Tuesday.

Thunes, the Singapore-based payment firm, has on Wednesday welcomed LianLian Global, a Chinese e-commerce cross-border payment service provider, to the Thunes Global Network.

Fave Singapore, part of the fintech firm Pine Labs group, has on Wednesday announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) license to offer account issuance, merchant acquisition, and domestic money transfer services.

Global payment firm Visa and banker HSBC have on Tuesday announced the technological collaboration in support of HSBC Group’s new international payments app, Zing.