FinTech
Touch ‘n Go eWallet users can pay cashless in more Singapore merchants
Touch ‘n Go eWallet announced Monday that their users from Malaysia can now conveniently make cashless payments at even more participating merchants in Singapore.
Funding Societies partners CGC to launch SME Portfolio Guarantee to improve Malaysian SMEs digital financing access
Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital finance platform in Malaysia and Southeast Asia, and Credit Guarantee Corporation Malaysia Berhad (CGC) have signed an SME Portfolio Guarantee (SME PG) agreement with the mutual objective of propelling the growth of Malaysian SMEs by providing easier access to financing.
Singapore’s Thunes secures new license in France; launches global payout solutions across EU
Thunes, a global cross-border payments company based in Singapore, has been granted a new payments institution license by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) in France.
Singapore’s Tiger Brokers unveils AI investment assistant TigerGPT
Singapore-based online brokerage firm Tiger Brokers has introduced TigerGPT, a text-generating artificial intelligence (AI) chatbot developed as the first deployment of AI investment assistant in the brokerage industry.
Axiata’s Boost to leverage ecosystem as it prepares to launch its digital bank. Here’s how and why. [Q&A]
TechNode Global talked to Boost Chief Executive Officer Sheyantha Abeykoon to learn about the company’s plan and strategy as it prepares to launch one of the digital banks in the country.
Filipinos spent 4.4 million hours using e-wallet apps in 2022, says Digido
2022 saw over 58 million active users in the Philippines spending a total of 4.4 million hours in using e-wallet applications, according to a new report revealed by the Philippines-based consumer credit service Digido on Monday.
Malaysia’s Soft Space raises $31.5M Series B1 funding led by Southern Capital Group
Soft Space Sdn. Bhd., a Malaysia-based financial technology (Fintech) player, has on Thursday announced it has raised $31.5 million in its latest funding round. Southern Capital Group (SCG) Pte. Ltd, led the funding round.
Funding Societies partners Food Market Hub, Supply Bunny to launch financing program for F&B in Malaysia
Funding Societies, the Singapore-based small and medium enterprise (SME) digital financing platform, has partnered with Food Market Hub and Supply Bunny, two solution providers for food and beverage (F&B) supplies in Malaysia, to launch a new business-to-business (B2B) embedded financing program.
India’s DMI Finance raises $400M equity investment led by Mitsubishi UFJ Financial Group
Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG).
Apple launches ‘Buy Now, Pay Later’ service in US
Apple's launch of BNPL service came at a time when some see the hype around BNPL is fading. During or even before the pandemic, BNPL has seen strong growth in Europe, United States, Australia and Southeast Asia, although it is starting to stir concerns among regulators that it could cause youngsters, who are often seen as financially naive, to overspend and…
