E-wallets

Thai PM Announces May Launch for US$14.3 Billion Digital Wallet Stimulus

Thailand’s Prime Minister Srettha Thavisin announced the anticipated May commencement of a substantial economic stimulus initiative, according to a Reuters report. This plan, a centerpiece of the ruling Pheu Thai party’s election campaign, involves disbursing approximately US$14.3 billion through a

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YouTrip Quadruples Wallet Size to S$20K, Spending Limit Now S$100K

Singapore-based multi-currency e-wallet YouTrip has announced a substantial increase in wallet holding and spending limits for its users effective immediately. YouTrip users can now hold up to S$20,000 in their wallets, a significant jump from the previous S$5,000 limit, and

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YouTrip Users Can Now Link Their Cards to Google Wallet

Singapore-based multi-currency e-wallet YouTrip now allows Android users to integrate their YouTrip cards with Google Wallet to facilitate easy and secure payments. This move follows YouTrip’s earlier integration with Apple Pay back in August in a bid to offer a more streamlined

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Touch ‘n Go eWallet Offers Travel Deals to Malaysians Visiting Singapore

Singapore Tourism Board (STB), TNG Digital, and Alipay+ have joined forces to offer special deals to Malaysians visiting Singapore. This partnership makes it easier for travelers to make cashless payments and access promotions during their stay. Currently, there are about

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Grab Vietnam Users Can Now Pay with MoMo

Vietnam’s fintech unicorn MoMo and Grab Vietnam announced today that they have integrated the former’s payment solution into the ride-hailing and food delivery superapp. This will allow users in Vietnam to make cashless payments within the Grab app using MoMo’s

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YouTrip Raises US$50M, Eyes Malaysia Expansion by Early 2024

YouTrip, a multi-currency digital payments platform, has raised US$50 million in its latest Series B fundraise, bringing its total funds raised to over US$100 million since its inception. The round was led by new investor and global venture capital firm Lightspeed.

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Grab Shuts Down Investment Business, Users Have Until 13 Oct to Withdraw Funds

Ride-hailing and food delivery superapp Grab announced that it will be shuttering its investment business in Singapore by discontinuing its AutoInvest and Earn+ products. Micro-investment platform AutoInvest is Grab’s first retail wealth management product was formed as a result of

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Grab Partners Circle to Bring Web3.0 Experiences for Singapore Users

Circle Internet Financial and Southeast Asian ride-hailing super app Grab has partnered to pilot Web3.0 customer experiences in Singapore. Grab’s foray into Web3.0 was reported by Fintech News Singapore on Monday (11 September). The article features screen grabs of the

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Grab Integrates Web3.0 Services, Allows Singapore Users to Set Up Wallets

Southeast Asian ride-hailing super app Grab has integrated Web3.0 services into its platform, allowing users to set up Web3.0 wallets, participate in blockchain rewards programmes, and even make payments using NFTs, according to crypto journalist Wu Blockchain. Grab has yet

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Fintech Basics: What Is an E-wallet?

The financial sector has always been on the frontline of technological advancements. From the invention of paper money to the introduction of credit cards, each new development has promised to make transactions smoother, faster, and more secure. In the 21st

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