FinTech

HashKey Exchange & OneInfinity by OneDegree sign MoU to collaborate on digital wallet insurance & strengthen investor protection

This partnership aims to strengthen investor protection in the digital asset space while supporting the development of Hong Kong’s digital asset market with advanced tech-enabled solutions.

China’s Ant Group brings Alipay+ to the Philippines with 3 new mobile wallets – AlipayHK, Kakao Pay, Touch ‘n Go eWallet

The acceptance of three new mobile wallets, via Alipay+, comes as travellers return to the Philippines.

Superbank, Genesis Alternative Ventures launch $39.38M financing solution for innovative Indonesian startups

PT Super Bank Indonesia (Superbank) and Genesis Alternative Ventures (Genesis), Singapore-based venture lender, have launched a financing solution, with both entities committing up to IDR 600 billion ($39.38 million) to back innovative Indonesian startups.

India’s PhonePe launches stock broking platform Share(dot)Market

Indian digital payments and financial services company PhonePe, has on Wednesday announced its foray into stock broking with Share(dot)Market, under its subsidiary PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market elevates discount broking by providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and great…

Singapore’s Qashier raises $10M in Series A funding co-led by Delivery Hero Ventures, IFP Securities

Singapore-based fintech startup Qashier announced Wednesday that it has secured $10 million in a Series A funding round. The funding round was co-led by Delivery Hero Ventures, an independent venture capital fund backed by Delivery Hero, the world’s leading local delivery platform, and IFP Securities.

Funding Societies partners PEKEMA to bolster Malaysian automotive industry via digital financing

Funding Societies, the Singapore-based digital finance platform for small and medium enterprises (SMEs), and the Malay Vehicle Importers and Dealers Association of Malaysia (PEKEMA) and have entered into a collaborative effort to facilitate accessible financing through a digital financial platform. The collaborative agreement, formalized through this…

Ant partners PayNet to promote payment for inbound and outbound Malaysian travellers

Chinese FinTech firm Ant Group has partnered Malaysian payment firm PayNet to promote payment for inbound and outbound Malaysian travelers. The partnership will enable all Malaysian e-wallets supported by PayNet to be accepted by Alipay+ merchants network globally in 2024.

Singapore’s FOMO Pay bolsters digital asset compliance through strategic partnership with Notabene

FOMO Pay, a Singapore-based digital payment and digital banking solutions provider, has on Tuesday announced its strategic partnership with Notabene. The implementation of Notabene's end-to-end solution for global travel rule compliance enables FOMO Pay to further enhance its know-your-transaction (KYT) capabilities and highlights FOMO Pay's commitment to…

Vietnam’s MFast secures Series A funding led by Wavemaker Partners, sets sights on regional expansion

MFast, a financial services distribution network in Vietnam, has concluded its Series A funding round, led by Wavemaker Partners. The round also saw participation from new investors Finnoventure Fund I, managed by Krungsri Finnovate, and Headline Asia, along with existing investors Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.

Vietnam joins regional payment connectivity initiative

State Bank of Vietnam (SBV), the central bank of Vietnam, has officially joined the regional payment connectivity (RPC) initiative. The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development for faster, cheaper, more transparent, and more inclusive cross-border payments.