FinTech

Revenue Group Berhad, a provider of cashless payment solutions based in Malaysia, has announced the official appointment of Revenue Solution Sdn Bhd, a wholly- owned indirect subsidiary company of REVENUE, as an acquirer for WeixinPay in Malaysia.

Foodpanda Malaysia and TNG Digital, the operator of TNG eWallet, have joined forces to introduce pandacredit e-wallet.

DigiFT, a Singapore-based regulatory-compliant exchange for on-chain real-world assets (RWAs), has successfully obtained a custodial license from the Monetary Authority of Singapore (MAS) under its Capital Markets Services (CMS) license.

Earlier this month, EBANX has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

This acquisition will mark Kredivo Group’s entry into the fast growing EWA market, and is in line with the group’s mission of providing fast, affordable and widely accessible financial services to its customers. Post-acquisition completion, GajiGesa will continue operating under its own brand, as a new business unit under Kredivo Group.

The deal is still pending regulatory approval, and Axiata is not able to disclose the name of the new investor, group chief executive officer and managing director Vivek Sood said.

Mosaic Solutions, a provider of business technology in the Philippines, today announced the acquisition of HelixPay, a commerce enablement platform for e-commerce, venues and ticketing, alongside a strategic partnership with payment firm PayMongo.

This enables Malaysian customers to enjoy interest-free instalment payment options when shopping for a wide range of products on Temu's platform.

Global digital payment firm Ant International has on Tuesday announced the appointment of Worachat Luxkanalode, as the new Chief Executive Officer (CEO) of 2C2P.

CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, has joined forces with Maybank Islamic Berhad, an Islamic financial institution in Malaysia, to launch the first of its kind banking-as-a-service (BaaS) initiative.