Financial Technology
Fintech Paywatch secures $30m in series A funding round
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.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
Ant Group, Mastercard launch International Consumer Friendly Zones program in Shanghai
It will improve the travel experience for global visitors and boost local businesses in China.
DBS Indonesia enhances payment solutions with digital tech
Digital initiatives drive transaction efficiency and bolster security measures.
National Australia Bank, Banked eyes boosting A2A payment adoption
Their tech enables Australian merchants to send PayTo Agreements to customers.
Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Alipay’s labor day outbound travel transactions up 77% in 2024
East Asia and Southeast Asia were the most preferred destinations.
Super apps tailor features for youth, small businesses
Customization and security drive engagement and trust.
Centralised AI models propel financial institutions' success
Financial sectors see major benefits from centralised AI strategies, though future shifts are anticipated.
BaaS providers revenues to more than double by 2028
The BaaS space has generated $36.4b in revenue as of 2024.
Ant International to build Malaysia digital business centre and is hiring 500 roles
The centre is expected to move in at The Exchange 106 by 2025.
Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
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