Payments
DBS PayLah! Users Can Now Scan UnionPay QR Codes to Pay in 45 Countries
DBS PayLah! users can now make payments to retailers in 45 countries using UnionPay’s QR Code payment option. DBS is the first Singapore bank to enable this service. The service is the result of a collaboration between DBS, UnionPay International
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Partior Sets up Development Center in India, Makes Several Key Appointments
Partior, a blockchain technology provider for payments clearing and settlement, has set up its new Hyderabad Development Center in India and made several appointments to its leadership team. The Hyderabad Development Center is the first in the company’s line-up of
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TripleA Raises US$4 Million in Funding From Razer’s zVentures
Crypto payments firm TripleA announced that it has secured US$4 million in funding from Razer’s corporate ventures arm, zVentures. Eric Barbier, Founder, and CEO of TripleA shares that “this strategic investor partnership with zVentures brings knowledge, connections and consultancy in
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Flip’s US$100 Million Series B Round Sees Participation from Tencent and Block, Inc
Flip, Indonesian consumer payments platform, announced a second close of a Series B funding round that brings its total funds raised to more than US$100 million. The round was led by Tencent with participation from Block, Inc. (formerly Square, Inc.) and
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ComfortDelGro Partners Alipay+ to Accept Mobile Payments From Malaysia, S. Korea
Singaporean taxi operator ComfortDelGro Taxi has partnered with Alipay+ to enable mobile payments from Malaysia and South Korea through Touch ‘n Go eWallet and Kakao Pay respectively in all its Comfort and CityCab taxis. Users of these mobile wallets can
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Currencycloud Secures AFS License to Offer Its Full Suite of Services in Australia
Currencycloud, a provider of B2B embedded cross-border solutions, announced that it was granted an Australian Financial Services (AFS) license by the Australian Securities and Investments Commission (ASIC). The granting of the AFS license follows the appointment of Nick Briscoe as
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Binance Pay Picks TripleA as Its Global Cryptocurrency Payment Gateway
TripleA, a digital payment token licensee, has been selected as the global cryptocurrency payment gateway for Binance Pay. Binance Pay is the bridge between Binance, a cryptocurrency infrastructure provider, and the retail world. This partnership with TripleA gives merchants access
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HitPay Raises US$15.75 Million in Series A Fundraise Led by Tiger Global
HitPay, a one-stop payments platform for small and medium-sized enterprises (SMEs), announced that it has secured a US$15.75 million Series A funding round. The fundraise was led by Tiger Global and joined by returning investors Global Founders Capital and HOF
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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave
In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s
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MatchMove Snaps up Shopmatic in a US$200 Million Deal
Singaporean fintech MatchMove has acquired e-commerce specialist Shopmatic in a US$ 200 million deal. Both companies said in a joint statement that they aim to “create an end-to-end embedded finance and e-commerce powerhouse”. MatchMove’s platform provides customisable, fast, secure and
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