Payments
Razer Merchant Services Secures Visa Acquiring License in 3 ASEAN Countries
Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has secured Visa’s Direct Acquiring license in Malaysia, Singapore and the Philippines, as part of a regional partnership. Simultaneously, RMS is now certified with the Visa Token Service (VTS) to
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OpenWay Sets up Its Second Hub in Vietnam
Global payments software provider OpenWay has expanded its presence in Asia with the opening of a new hub in Ho Chi Minh City, Vietnam. This latest addition marks OpenWay’s second hub in Vietnam besides the one in Hanoi. OpenWay has
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NomuPay Raises US$53.6M to Enhance Payment Acceptance in Southeast Asia
NomuPay, a unified payments platform, has successfully raised US$53.6 million to enhance its local payment acceptance and payout disbursement services for businesses operating in Southeast Asia, Turkey, and Europe. The funding round was jointly led by Finch Capital and Outpost
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Wallex Receives MAS Approval, Enhances Payment Solutions
Wallex, a B2B FX and cross-border payment platform has secured approval from Singapore’s Monetary Authority (MAS) to augment its Major Payment Institution (MPI) licence. This enhancement includes account issuance, domestic transfers, and e-money issuance services, further solidifying Wallex’s standing in
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Four E-Wallets Supported by Ant Group’s Alipay+ Now Accepted in Thailand
Chinese fintech giant Ant Group announced that the four mobile wallets supported by its payment system Alipay+ are now accepted in Thailand. These include Hong Kong’s AlipayHK, South Korea’s Kakao Pay, Malaysia’s Touch ‘n Go eWallet, and Mainland China’s Alipay
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TerraPay Expanding Its Payments Infrastructure to Make Money Move Easily
Digitalisation has made the world smaller and far more interconnected, and the traditional barriers of time, distance, and geography are eroding, paving the way for a truly globalised society. This transformation is especially evident in the realm of commerce,
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India’s XFlow Raises US$10.2 Million to Enhance Cross Border Payments
XFlow, a financial services and infrastructure company that simplifies the cross-border payments for businesses, has raised a US$10.2 million Pre-Series A funding round led by Square Peg. The round was also joined by Moore Strategic Ventures and existing investors Lightspeed
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Unleashing ASEAN’s US$2 Trillion Potential in Payment Connectivity
Leaders of the Association of Southeast Asian Nations (ASEAN) recently declared to advance regional payment connectivity and promote local currency transactions. Recognizing the potential benefits of using local currencies, they emphasized the importance of strengthening financial resilience, deepening regional financial
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Episode Six Raises US$48 Million Series C Led by Avenir
Episode Six (E6), a global provider of payment processing and banking infrastructure, has secured a US$48 million Series C financing led by Avenir, a growth stage investment firm. The round also included additional participation by existing investor Anthos Capital, a
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ACI Worldwide Partners Red Hat for Next-Gen Cloud Payments Offering
Real-time payments software provider ACI Worldwide has teamed up with Red Hat OpenShift to enable financial institutions and payment providers to utilise ACI solutions on the platform. The collaboration will allow ACI to support both private and public cloud environments
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