FinTech

Fintech entrepreneurs launch foreign exchange risk management firm Instantia with VNG backing

Industry veterans Richard Poulton and Danny Pezeshki have joined forces with Vietnamese tech titan VNG to launch foreign exchange (FX) risk management firm Instantia that based in Australia.

Temasek invests up to $198M in Australian financial services firm Betashares

Betashares, an Australian financial services company, has on Monday announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to AUD 300 million ($198M) in Betashares.

Alipay+ expands global merchant coverage for partner E-wallets for UEFA EURO 2024

As official payment sponsor of UEFA EURO 2024TM, Alipay+, the cross-border mobile payment and digitalization technology solutions operated by Ant International, alongside global partners, is gearing up for an action-packed summer.

Dubai’s real estate fintech platform Stake secures $14M in Series A funding led by MEVP

Stake, a Dubai-based digital platform for real estate investment, has on Monday announced that they have raised $14 million in funding led by Middle East Venture Partners (MEVP).

Primer bolsters China presence with strategic appointments to capture growing cross-border payments demand

Primer, a global fintech firm, has on Tuesday announced key strategic appointments to meet demand of Chinese businesses looking to capture a slice of the huge cross-border payments opportunity.

Indonesia’s JULO on track to disperse $650M in 2024, launch neobank

JULO, an Indonesia-based digital financial services platform, announced Tuesday that it has achieved significant loan disbursement growth and on track to disburse more than $650 million in 2024.

Y-combinator-backed fintech startup Elevate secures $5M to expand operations

Elevate, a Y-combinator-backed fintech startup headquartered in London and Dubai, has successfully raised $5 million in financing to expand its operations in the Philippines.

Boost Bank officially launches digital bank app to Malaysians

Boost Bank by Axiata and RHB (Boost Bank), a homegrown digital bank, has on Thursday announced the launch of its digital bank app to Malaysians.

India’s Fibe raises $90M in Series E funding led by TR Capital, Trifecta Capital and Amara Partners

Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round.

Hong Kong’s Mezzofy raises $2M Pre-series A funding round to drive market expansion, product advancement

Hong Kong-based digital coupon platform Mezzofy has on Wednesday announced the completion of Pre-series A funding round of $2 million to bring the start-up's global expansion plan to life and support its product advancement for the web3 future.