Archive
Carro Secures Investment From ZA Tech to Enhance Product Offerings
Southeast Asian used car marketplace Carro announced that it has secured an investment from Singapore-based insurtech company ZA Tech Global for an undisclosed sum. The investment enables Carro to leverage ZA Tech’s suite of insurtech solutions to distribute personalised insurance
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Fiat-Crypto Gateway Alchemy Pay Gets Licenses From Bank Indonesia
Fiat-crypto gateway payment provider Alchemy Pay teamed up with fintech firm Berkah Digital Pembayaran to secure licenses for remittance and fund transfer services from Bank Indonesia. Alchemy Pay said in a statement that the licenses will enable both entities to
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Singapore’s Digital Asset Exchange DigiFT Closes US$10.5M Pre-series A
DigiFT, a decentralised digital asset exchange (DEX) for asset-backed tokens (STO), has closed a US$ 10.5 million Pre-Series A funding round led by Shanda Group, global privately-owned investment group. Other investors include HashKey Capital, Hash Global, Xin Enterprise, the Co-founder
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Accelerate Revenue for Your APAC Business Through Payments
Consumers in Asia Pacific (APAC) are by far the most enthusiastic adopters of digital payments worldwide, increasing their use of at least one digital payment method in the last 12 months by 69%. Card payments remain most popular in the
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Blockchain Founders Fund Bags US$75M to Invest in Web3, Blockchain Startups
Blockchain Founders Fund (BFF) announced the final close of its US$ 75 million Fund II to invest in pre-seed and seed stage Web3 and blockchain startups. The fund was joined by Polygon, Ripple, Octava, NEO Global Capital (NGC), Appworks, Sebastien
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Top 5 Most Well-Funded Fintechs in Vietnam 2023
Over the past years, Asia has emerged into one of the world’s leading fintech regions, recording the highest fintech revenues worldwide, data from Statista show. In the region, Vietnam is among the emerging fintech markets. Vietnam has seen its fintech
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Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos
Rural banks fulfil different roles in different countries, but across the board they help to promote financial inclusion efforts to move the local population – many who have never possessed a bank account – to participate in the regional economy.
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Vietnam Ditches Cash: More Consumers Opt for Cashless Payments
Cashless payments in Vietnam have seen rapid growth in popularity as a growing number of Vietnamese consumers seek more efficient and secure ways to manage their finances. From contactless card payments to mobile wallet transactions, the range of cashless options
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Hyperpersonalisation Experiences Among Southeast Asian Banks’ Top Priorities
In Southeast Asia, banks are embarking on the next phase of their digital transformation, focusing heavily on improving customer experiences, leveraging data and analytics, and investing in cloud-based core banking systems as well as intelligent technologies, a new study by
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Mastercard, Vesta to Offer Fraud Management Solutions for APAC Merchants
Mastercard and end-to-end fraud protection platform Vesta has partnered to provide fraud management solutions for merchants in the Asia Pacific region. The partnership will involve the integration of Mastercard’s Cyber & Intelligence (C&I) products and solutions into Vesta’s transaction guarantee
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