Payments
Deadpool Actor-Backed Nuvei in Advanced Talks for Acquisition Deal
Private equity firm Advent International is engaged in advanced discussions to acquire Nuvei, a Canadian payments technology company, according to a source familiar with the matter. Nuvei, a processor of business transactions, made its public debut with a US$700 million
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Inypay Update Highlights Significant Growth and Plans for Regional Expansion
Inypay, a neo-bank headquartered in Singapore, recently took to LinkedIn to announce substantial progress in its initiatives to enhance financial accessibility across Southeast Asia. In a detailed update, the bank revealed the successful launch of its consumer and partner applications, INYPAY
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Xendit Ventures into Thailand Amidst Southeast Asia Expansion
Indonesian unicorn Xendit has broadened its operational horizon by extending its services to Thailand, marking another step in its expansion across Southeast Asia. This move comes as part of the company’s strategic efforts to explore new markets, building on its
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DCS Card Centre Secures S$100 Million Upsize in Asset-Backed Notes
Singaporean fintech DCS Card Centre has secured an additional S$100 million in asset-backed notes, raising their total funding to S$400 million. This move follows the S$300 million previously raised in December 2023. The funds from the additional issuance will be
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Indonesia’s Booming Digital Payments Drive Demand for Robust Mobile App Security
In the dynamic landscape of Indonesia’s digital revolution, the exponential growth of digital payments has generated an increased demand for robust mobile app security solutions. As financial institutions navigate the challenges of securing sensitive financial information and user data, a
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Wise Announces Major Milestones: PayNow Integration and Singapore Team Expansion
Wise, a global online money transfer service, has integrated with Singapore’s PayNow network to allow tourists to make QR payments to local merchants directly via its app. This move is particularly beneficial for local businesses such as hawkers, which traditionally
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Visa and Western Union Expand Partnership to Enhance Global Money Transfers
Visa and Western Union have entered into a seven-year agreement to significantly enhance the way money is sent across borders. This collaboration aims to simplify the process for Western Union customers to transfer funds directly to Visa cardholders and bank
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Currencycloud Gets In-Principle Approval for Payments License From MAS
Currencycloud, a provider of B2B embedded cross-border solutions, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This approval, once finalised, will allow Currencycloud to offer a wider range of financial
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Thredd Strengthens Executive Team with Edwin Poot as Global CTO
Thredd, a growing global payments platform, has appointed Edwin Poot as its new Global Chief Technology Officer (CTO). Poot will oversee the company’s technology strategy and lead its product and geographic expansion plans. Poot brings over 20 years of experience
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Cindy Ho to Lead FOMO Group’s Compliance Strategy in New Appointment
FOMO Group, a Singapore-based financial holding company, announced that it has appointed Cindy Ho as its new Group Head of Compliance. In her new role at FOMO Group, Cindy will be essential in advancing the company’s compliance infrastructure, ensuring adherence
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