Financial Technology
Hong Kong process with plan to regulate stablecoin issuers
It has published a consultation paper based on 108 submissions.
4 hours ago
Hong Kong process with plan to regulate stablecoin issuers
It has published a consultation paper based on 108 submissions.
4 hours ago
Digital investment firm Arta Finance clinches approval to launch in SG
The firm offers access to alternative assets and credit channels.
4 hours ago
China’s XTransfer gains in-principle approval for Singapore MPI license
XTransfer plans to launch e-business wallet services in the Lion City.
2 days ago
Fave Singapore clinches in-principle approval in Singapore
It can now offer account issuance and domestic money transfer services in SG.
Alipay+ payments now available in European taxi app FREENOW
Tourists from China, Hong Kong, and Malaysia can use their local e-wallet to pay.
HSBC, Visa team up to develop multi-currency app Zing
Users can hold funds in 10 different currencies and transact in 200 countries.
Ant Group and Mastercard extend payments program to Chengdu, Chongqing
Tourist spending using Ant Group’s digital payments rose 13-fold in the two cities.
Ant International acquires Dutch payment service provider MultiSafepay
Ant will integrate MultiSafepay into its subsidiary Antom.
Fintech Airwallex records 84% revenue growth
Its Australia and New Zealand business saw revenue grow by 93%.
Thai fintech unicorn Ascend Money bags $195m investment
MUFG Bank is the lead investor.
Fintech venture investments in Asia to hit $548b in 2028
In 2023, Asian fintechs have clinched $369b in investments.
Fintech Paywatch secures $30m in series A funding round
Vanderbilt University and Third Prime led the investment round.
SEA fintechs clinch $851m of funding in H1
Digital lender ANEXT Bank was one of two major funding rounds during the period.
Ant International unveils microlending service bettr
It has partnered with Thailand’s AWC to start.
Alipay+ and GHL enable cross-border payments in the Philippines
Mobile wallets include AlipayHK, KakaoPay, Touch ‘n Go, and Alipay.
Boost Bank launches digital app for underserved Malaysians
Deposits are protected for $53,234.
ANEXT Bank boosts cross-border transactions sixfold
About 69% of its customer base are micro businesses.
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Mashreq bags Open Banking Initiative of the Year - UAE at ABF Retail Banking Awards 2024 for its innovative Global Non-Resident Platform
![Mashreq bags Open Banking Initiative of the Year - UAE at ABF Retail Banking Awards 2024 for its innovative Global Non-Resident Platform]()
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The initiative transforms the Non-Resident banking experience globally with seamless, secure, and personalised services.
The initiative transforms the Non-Resident banking experience globally with seamless, secure, and personalised services.
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