Archive
Atome Ties up with FOMO Pay to Expand BNPL Acceptance Across Asia
FOMO Pay, a QR payments provider, announced a partnership with Atome that will expand seamless Buy Now, Pay Later (BNPL) acceptance across thousands of online and offline retail businesses in Singapore and across Asia. Atome’s platform has over 3,000 online
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DBS, J.P. Morgan and Temasek to Develop a Blockchain-Based Interbank Payments Platform
DBS, J.P. Morgan and Temasek announced that they will jointly develop a blockchain-based platform for payments, trade and foreign exchange settlement. The company named Partior aims to use blockchain solutions to enable next generation, programmable value transfer for participating banks
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Payments Firm 2C2P Partners Brankas to Bring Open Banking to Indonesia
Brankas, an Indonesian open banking provider, announced a strategic partnership with payments firm 2C2P to introduce their modern open banking solution to Indonesia. Through Brankas‘ API integration, customers of 2C2P’s merchants will be directly connected to major Indonesian banks including
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OVO Ties up With Prudential Indonesia to Offer Shariah-Compliant Digital Life Insurance
Indonesian e-wallet unicorn OVO has expanded its partnership with Prudential Indonesia to launch a digital shariah life insurance product with affordable premiums. The Asuransi Jiwa Kumpulan Syariah PRUTect Care product is provided by Prudential Indonesia through insurance broker PT Salvus
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MAS Report Highlights Digital Identity As One of The Key Pillars of Digital Economy
The Monetary Authority of Singapore (MAS) launched a report on the foundational digital infrastructure necessary for an inclusive digital economy and seamless cross-border transactions around the world. Through this report, MAS aims to help public sector agencies and players in
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StashAway To Raise US$ 25 Million Series D Led by Sequoia Capital India
Southeast Asian digital wealth manager StashAway is raising US$ 25 million in its Series D funding round led by venture firm Sequoia Capital India. StashAway’s existing investors, Eight Roads Ventures, the global investment firm backed by Fidelity International and early
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Digital Payments Transformation: Changing How Business Gets Done
The trend toward payments digitisation is undeniable. Worldwide, transaction value of digital payments is expected to reach USD 8.7 trillion by 2025. In China alone, arguably the biggest market in the world in digital payments, transaction value has already hit
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Aleta Planet to Enable Merchants to Accept “Discover and Diners Club Cards” for E-Commerce Payments
Aleta Planet, a fast-growing Singapore-based fintech, has partnered with Discover Global Network, the international payments brand of Discover Financial Services, to enable merchants in Asia Pacific to expand e-commerce payment acceptance and grow their customer volume. Starting from Q2 2021,
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UK Fintech Currencycloud Sets up New APAC Headquarters in Singapore
Currencycloud, a provider of B2B embedded cross-border solutions, announced that it has opened an Asia Pacific headquarters in Singapore. The new office, located in Raffles Quay, will serve as a hub to drive the London-based fintech’s expansion throughout the wider
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The Future of Finance: How to Cope With Open Banking In Emerging Asia
For more than a decade, Asia has been the largest regional banking market and as the continent’s massive middle class continues to grow, McKinsey expects personal financial assets in the region to reach US$69 trillion by 2025, or 75% of
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