FinTech

Direct Lending partners Tan Chong Motor to introduce Shariah-compliant auto service financing plan in Malaysia

Direct Lending, a Malaysian digital lending platform, has on Thursday announced its partnership with Malaysian automotive firm Tan Chong Motor Holdings Berhad, to introduce a Shariah-compliant, fully digital auto service financing plan at their Nissan Service Centers nationwide.

Indonesia’s GoTo says on track to meet full-year adjusted EBITDA break even target

Indonesia's largest technology firm PT GoTo Gojek Tokopedia Tbk (GoTo) says it is on track to meet full-year adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) break even target after its adjusted EBITDA fell in the first quarter.

AirAsia MOVE’s monthly active users up 19 percent year on year to 15.34 million

Asia MOVE, formerly known as airasia Superapp, has seen its monthly active users (MAU) grow 19 percent year on year growth to 15.34 million in the first quarter.

IFC partners KB Kookmin Card to launch $150M financing initiative in Indonesia, Thailand

The International Finance Corporation (IFC) has partnered South Korean credit card-issuing company KB Kookmin Card Co. (KBC) to launch $150 million financing package in Indonesia, Thailand.

Alipay+ inks agreement with Korea Easy Payment Foundation, Jeju Tourism Organization

Alipay+, a global cross-border mobile payment and digitalization technology platform operated by Ant International, has on Monday announced it signed a business agreement with the Korea Easy Payment Foundation (KEPF) and Jeju Tourism Organization (JTO).

IFC invests $7M in Philippine consumer fintech firm Salmon

To help expand financial inclusion in the Philippines, the International Finance Corporation (IFC), a member of the World Bank Group, is investing $7 million in the country's fintech firm Salmon Group Ltd. (Salmon).

Alipay+ enables digital payment of 14 overseas e-wallets from nine countries and regions in Hong Kong

Users of 14 popular overseas e-wallets from nine countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, the firm said Friday.

Salmon expands payment channels with ECPay partnership

Salmon Group Ltd, a financial technology group based in the Philippines, has on Thursday announced its strategic partnership with electronic payment systems provider ECPay, to expand payment channels.

Thailand’s fintech firm T2P partners with Wise Platform to offer international money transfers

T2P Co., Ltd., a payment solution firm in Thailand, has on Thursday announced its strategic partnership with Wise Platform, Wise’s infrastructure solution for banks, fintechs and enterprises.

Australia’s Airwallex expands payment acceptance to the US

Airwallex, an Australia-based global payments and financial platform, has on Thursday announced the United States launch of its payment acceptance solution.