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    Funding

    Genesis’ Second Venture Debt Fund Hits US$125 Million

    Fintech News SingaporeSeptember 11, 2024

    Genesis Alternative Ventures has raised US$125 million for its second venture debt fund, aimed at supporting Southeast Asian startups. The…

    CryptoRegtechSecurity

    Sam Altman’s Crypto Project Worldcoin Faces Scrutiny in Singapore

    Fintech News SingaporeSeptember 10, 2024

    Singapore is scrutinising activities related to Worldcoin, a Sam Altman’s cryptocurrency project that utilises iris scans for user identification. The…

    Payments

    Nium Appoints Finance and Compliance Chiefs to Executive Team

    Fintech News SingaporeSeptember 10, 2024

    Nium, a global player in real-time cross-border payments, has bolstered its executive leadership with the appointment of Andre Mancl as…

    InsurTech

    Income Now Offers Hourly Travel Insurance for 19 Asian Destinations

    Fintech News SingaporeSeptember 10, 2024

    Income Insurance has launched FlexiTravel Plus, touted as Singapore’s first travel insurance offering hourly coverage for travelers to 19 destinations…

    FundingIndonesiaLending

    Finture Secures US$30M in Series B Funding to Expand YUP Credit Platform

    Fintech News IndonesiaSeptember 10, 2024

    Fintech startup Finture, which operates the credit payment platform YUP, has secured US$30 million in its Series B funding round.…

    RegtechSecurity

    How Digital Identity is Powering Southeast Asia’s Financial Revolution

    Fintech News SingaporeSeptember 10, 2024

    Digital identity represents a major shift in how we interact with the digital world, paving the way for enhanced user…

    Various

    HSBC Reportedly Considering Merger of Commercial, Investment Banking Units

    Fintech News SingaporeSeptember 10, 2024

    HSBC Holdings is reportedly considering a major overhaul of its operations, exploring the merger of its commercial and investment banking…

    Digital AssetsFundingWealthtech

    SDAX Secures US$50 Million in Series B2 Funding

    Fintech News SingaporeSeptember 10, 2024

    Singapore’s digital asset exchange (SDAX) has secured US$50 million in its Series B2 funding round, led by Oman-based Muscat Precious…

    CryptoIndonesia

    Indonesian Regulator Grants Binance-Backed Tokocrypto Trading License

    Fintech News IndonesiaSeptember 10, 2024

    Tokocrypto, a subsidiary of Binance, has obtained a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory…

    AustraliaCloudDigital Banking

    Judo Bank’s Lending Business Now Powered by Thought Machine

    Fintech News SingaporeSeptember 10, 2024

    Judo Bank, Australia’s SME-focused challenger bank, has successfully transitioned its lending business to Thought Machine’s Vault Core platform, a cloud-native…

    Payments

    Nium Pushes IPO to 2026 Following Prolonged CFO Search

    Fintech News SingaporeSeptember 9, 2024

    Singapore’s Nium, a cross-border payments platform, has postponed its anticipated US initial public offering (IPO), shifting the timeline by more…

    Various

    5 Fintech Companies from the Nordics Making Waves in Asia-Pacific

    Navina VivekanandanSeptember 9, 2024

    Asia-Pacific (APAC) is home to one of the world’s fastest-growing fintech ecosystems in the world, featuring prominent players such as…

    E-walletsPaymentsVietnam

    Vietnam’s Zalopay Eyes Expansion Beyond E-wallet Into Lending, Investments

    Fintech News VietnamSeptember 9, 2024

    Zalopay, the financial arm of Vietnamese tech giant VNG, is pivoting from an e-wallet to become an open payment platform…

    Various

    Calvin Ong to Lead DBS Consumer Banking in Singapore from 2025

    Fintech News SingaporeSeptember 9, 2024

    DBS has announced that Calvin Ong will take over as Head of Consumer Banking Singapore starting from 1 January 2025.…

    CloudDigital BankingIndonesia

    Indonesia’s Krom Bank Taps AWS Cloud to Expand Its Digital Banking Services

    Fintech News IndonesiaSeptember 9, 2024

    Krom Bank, a youth-focused Indonesian digital bank that is a part of Kredivo Group, is utilising Amazon Web Services (AWS)…

    InsurTech

    The Top 4 APAC Insurtechs According to CB Insights

    Fintech News SingaporeSeptember 9, 2024

    Four startups from Asia-Pacific (APAC) have been featured in the 2024 CB Insights Insurtech 50, earning recognition as among the…

    Digital Assets

    JST Digital’s Singapore Arm Gets In-Principle Approval for Crypto Payment Services

    Fintech News SingaporeSeptember 9, 2024

    JST Digital, a financial services firm focused on digital assets, announced that its Singapore subsidiary has received in-principle approval from…

    Various

    8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

    Fintech News SingaporeSeptember 5, 2024

    Eight fintech startups from Southeast Asia have been named among this year’s Forbes Asia 100 to Watch list, recognized for…

    IndonesiaVietnam

    GoTo Winds Down Vietnam Operations Amid Intense Ride-Hailing Competition

    Fintech News IndonesiaSeptember 5, 2024

    Indonesian ride-hailing provider GoTo Group is pulling out of Vietnam, abandoning a market where it faced fierce competition, as it…

    Digital AssetsThailand

    Thai SEC Updates Rules for Digital Asset Payments, Opens Door to BOT Sandbox

    Fintech News SingaporeSeptember 5, 2024

    The Securities and Exchange Commission (SEC) in Thailand announced upcoming regulatory changes concerning the use of digital asset payments. Beginning…

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