FinTech
Singapore Tourism Board partners Wise to boost travel to Singapore, offer greater value for Malaysian travelers
The Singapore Tourism Board (STB) and global technology company Wise have announced a strategic partnership to promote travel to Singapore and increase tourism spending by offering greater value to Malaysian travelers.
Paynet and FAOM collaborate to accelerate FinTech innovation in Malaysia
Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network and central infrastructure provider, has signed a memorandum of understanding (MoU) with the Fintech Association of Malaysia (FAOM), the country’s fintech industry body, to collaboratively advance innovation and drive growth within Malaysia’s financial technology (fintech)…
Singapore’s Trust Bank narrows losses amid increased revenue
Trust Bank, the Singapore-based digital bank, said Friday that it has narrowed its operating losses amid increased revenue.
Ant International launches tokenized deposit solutions for real-time treasury management with HSBC
Singapore-based Ant International announced Thursday its collaboration with HSBC on the bank’s new tokenized deposit service in Hong Kong.
Airwallex’s $6.2B valuation soars with $300M Series F backing
Airwallex, the global payments and financial platform, has completed a $300 million Series F funding round at a $6.2 billion valuation.
Alibaba Cloud joins forces with PayNet to power Malaysia’s first fintech-focused hub
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its partnership with Payments Network Malaysia Sdn Bhd (PayNet) as a Cloud Partner for its newly launched PayNet Fintech Hub – Malaysia’s first dedicated fintech-focused community and accelerator.
Indonesia’s Ringkas secures $5.1M funding to advance AI-driven mortgage solutions across Southeast Asia
Ringkas, an Indonesia-based mortgage financing platform, has announced the closing of a Pre-Series A round at $5.1 million.
Vietnam’s FPT, China’s Sunline form strategic partnership to accelerating digital transformation in banking sector
Vietnam-based information technology (IT) firm FPT Corporation has signed a strategic partnership agreement with China-based banking solutions and services provider Sunline to accelerating digital transformation in banking sector.
NAPAS partners Mastercard to launch Vietnam’s first co-badged card across six banks
The National Payment Corporation of Vietnam (NAPAS), in collaboration with global payment technology company Mastercard, officially announces the launch of Vietnam’s first co-badged card with six leading banks: Agribank, BIDV, TPBank, Nam A Bank, PVcomBank and Vikki.
Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030
Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).
