Archive

Finastra Launches Online Global Fintech Content Series to Nurture Innovation

Financial services software and cloud solutions provider Finastra has launched an online global fintech content series to nurture innovation and collaboration through the discovery of cloud, data ready solutions and thought-provoking talks. The company said that the “Finastra Universe” platform

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LOTTE Finance Leverages OpenWay to Roll Out BNPL Services in Vietnam

LOTTE Finance Vietnam, a subsidiary of South Korean credit card company LOTTE Card, has rolled out Buy Now, Pay Later (BNPL) services for customers in the country. The “PayLater by LOTTE Finance” feature is based on the Way4 digital payments

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Bank Rakyat Indonesia Leverages Open Banking to Bolster BRImo App

As one of Indonesia’s oldest and largest bank, Bank Rakyat Indonesia (BRI) is always a step ahead in adapting and applying the latest technologies to create various digital platforms and applications to support its customers’ digital needs. This includes BRImo,

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Temasek-Backed Crypto Firm FTX Bags US$420 Million at Valuation of US$25 Billion

FTX Trading, owner and operator of global cryptocurrency exchange FTX.COM, announced the closing of a US$420.7 million Series B-1 fundraise, increasing its valuation to US$25 billion. The round saw the participation of 69 investors, including Ontario Teachers’ Pension Plan Board,

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Abu Dhabi Fund Leads GoTo Group’s Pre-IPO Fundraise With US$400 Million

Indonesia’s GoTo Group announced that a subsidiary of the Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund owned by the Emirate of Abu Dhabi, will lead its pre-IPO fundraising with a US$400 million investment. The investment will be the

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additiv Appoints Orange’s Former Director to Lead Asia Pacific Division

additiv, a SaaS and embedded finance provider to the wealth management industry, announced that it has appointed Pieter Zylstra as the General Manager of its Asia Pacific (APAC) division effective from 22nd November. Having accumulated over 25 years of experience

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MAS’ Elevandi Appoints Diverse Board of Directors to Drive Singapore Fintech Festival

Elevandi, a new Company Limited by Guarantee (GLC) created by the Monetary Authority of Singapore (MAS) to manage the Singapore Fintech Festival (SFF), has appointed an international board of directors to oversee its work. Sopnendu Mohanty, MAS’ Chief Fintech Officer,

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Mambu Replaces Vietnamese Digibank Cake’s Core Banking Platform in Under 3 Months

SaaS cloud banking platform Mambu has worked with Vietnamese digital bank Cake, a collaboration between Be Group and VPBank, to replace its core banking technology in just 74 days. The core replacement project will enable Cake to rapidly launch flexible

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Ripple Deepens Partnership With Tranglo Following 40% Stake Acquisition

Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, announced new milestones in its partnership with cross-border payment firm Tranglo’s Singapore arm. This follows Ripple’s intent to acquire a 40% stake in Tranglo to scale the footprint

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Grab Financial Group Launches E-Commerce Webstore Builder to Empower SMEs

Grab Financial Group (GFG) has launched GrabMerchant Commerce, a webstore builder platform to boost sales and reduce operational work as well as payment risks for small and medium enterprises (SMEs). The introduction of the webstore builder platform is a part

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