FinTech

Malaysia’s Paydibs partners with Alipay+ to expand cross-border payment capabilities

Paydibs, a Malaysia-based digital payments firm, has announced a strategic partnership with Alipay+, a global wallet unit under Ant International, to expand cross-border payment capabilities.

Airwallex : 80 percent of Malaysian shoppers prefer digital wallets for international purchases

80 percent of Malaysian shoppers prefer digital wallets for international purchases, according to a study commissioned by Airwallex in partnership with Statista.

Amartha secures digital wallet license to offer digital financial services to entrepreneurs in Indonesia

Amartha, an Indonesia-based platform for entrepreneurs, announced Wednesday its transformation into Amartha Financial Group after securing a digital wallet license from Bank Indonesia.

Ant International, Standard Chartered and Swift collaborate to offer bank-to-wallet payment solution

Supported by Swift’s trusted infrastructure, Ant International, a Singapore-based global digital payment firm, and Standard Chartered Bank have launched live production trials for a bank-to-wallet payment solution using the ISO 20022 financial messaging standards.

Singapore’s Tazapay lands strategic investments from Ripple and Circle

Tazapay, a Singapore-based cross-border payments infrastructure platform, announced Tuesday the successful close of its Series B funding round with investment from Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan).

Moomoo opens first SEA experience store in Malaysia

Moomoo Securities Malaysia Sdn. Bhd. (Moomoo MY), a subsidiary of Futu Holdings Limited, announced Tuesday the opening of its inaugural physical experience store in Southeast Asia, located in the heart of Kuala Lumpur, Malaysia.

Ant International, Standard Chartered collaborate on AI-powered treasury, FX management solutions

Ant International and Standard Chartered announced Monday a new collaboration to introduce an artificial intelligence (AI)-powered treasury and foreign exchange (FX) management solution that integrates Ant International’s Falcon Time-Series Transformer (TST) Model with Standard Chartered’s Aggregated Liquidity Engine (SCALE).

Cashku raises $2.4M funding to expand digital financial planning in Malaysia

Cashku, a Malaysia-based end-to-end digital financial planning platform, has announced a new $2.4 million round of investment led by prominent investors.

Singapore’s Atlas Consolidated secures $18.1M in Series B funding led by Tin Men Capital

Singapore-based fintech firm Atlas Consolidated has secured $18.1 million in Series B funding led by Tin Men Capital to accelerate global adoption of HugoHub.

YTL and SEA launch first AI-powered bank, Ryt Bank

Malaysia's conglomerate YTL Group and its partner tech giant SEA Ltd have launched Ryt Bank, the world’s first artificial intelligence (AI)-powered Bank created by Malaysians, for Malaysians.