Archive
Indonesian Open API Platform Ayoconnect Raises US$15 Million Series B
Indonesian open finance platform Ayoconnect announced that it has closed a US$15 million series B financing round led by Tiger Global. The round was joined by PayU, the payments and fintech business of Prosus, and Alto Partners, as well as
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Cambodian E-Wallet U-Pay Picks IPification for One-Tap Verification Solution
Cambodian mobile payments services provider U-Pay announced that it has integrated Hong Kong’s mobile identity solutions provider IPification’s verification solution. U-Pay said that its users will now be able to verify their identity with only one click for a streamlined onboarding
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360F and AXA Singapore Launches Full-Scale Production of Advisory Tool “My FinScore”
Singapore-based insurtech 360F and AXA announced that they will be launching a full-scale production of their advisory tool “My FinScore”. 360F had enabled the launch of My FinScore with AXA Singapore earlier this month which was made available to the
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7 Asia-Focused Fintech Webinars and Podcasts to Watch and Listen Now
Asia has become a hotspot of digital innovation in the global financial and banking sector, aided by the region’s young, digitally-savvy population, rapid digital adoption, and government support to advance financial inclusion. To help fintech professionals keep up with the
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Validus Makes Two Key Hires to Support Tech and Neobank Initiatives
Southeast Asian SME growth financing platform Validus has announced two key additions to its senior leadership team. Vishal Shah has joined as President, Emerging Markets, and is responsible for driving growth in emerging and new markets. He is a financial
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Singapore Maintains Position as ASEAN’s Hub for Cross-Border E-Commerce Platforms
Across the Association of Southeast Asian Nations (ASEAN), Singapore has become the central hub for cross-border e-commerce platforms, favored by industry players for the forward-looking planning and deployment by the government of an advanced digital economy ecology, as well as
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ForgeRock Expands Cloud Services to Indonesia and Hong Kong
ForgeRock, an identity and access management software company, announced its continued expansion across Asia and has made ForgeRock Identity Cloud available locally from two new data centers in Indonesia and Hong Kong. This expands ForgeRock’s Identity cloud into 17 regions
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Wise Ties up With Tencent for Remittance to China Through Weixin
Wise, an online money transfer service, announced a partnership with Tencent Financial Technology which will enable international money transfers to China through Weixin. Weixin is the mainland Chinese version of WeChat that is owned and operated by Tencent. With this
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Why Risk-Averse Southeast Asian Banks Should Embrace a ‘Multicore’ Approach
The banking industry is in the midst of a period of intense transformation in Southeast Asia, and indeed the world, driven in part by the pandemic, but also influenced heavily by changing consumer demand and fast-moving technological innovation. Predicting the
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Indonesia’s OJK Bans Financial Institutions From Facilitating Crypto Trading
The Financial Services Authority of Indonesia (OJK) has strictly prohibited financial institutions from marketing or facilitating the trading of crypto assets. The regulator warned that the value of crypto assets are subject to market fluctuations and investors should be mindful
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