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Airwallex reports triple-digit full year revenue growth in Singapore for 2024Airwallex, the global payments and financial platform, has on Wednesday reported strong FY2024 performance in Singapore. The firm said in a statement that its FY2024 revenue in Singapore more than doubled, growing 153 percent year-on-year, fueled by strong transaction volumes and a standout fourth quarter. “2024 marked a new phase of growth for us in Singapore and across the region,...0 Kommentare 0 Geteilt 8KB Ansichten 0 Bewertungen
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Airwallex’s $6.2B valuation soars with $300M Series F backingAirwallex, the global payments and financial platform, has completed a $300 million Series F funding round at a $6.2 billion valuation. The firm said in a statement on Wednesday that the round includes $150 million in secondary share transfers. The new investment, which brings Airwallex’s total funding to more than $1.2 billion, includes Square Peg, DST Global, Lone Pine Capital,...0 Kommentare 0 Geteilt 7KB Ansichten 0 Bewertungen
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Alipay+ contributes more than 80 percent of inbound QR payments via DuitNow in MalaysiaAlipay+, the cross-border mobile payment platform of Ant International, has contributed more than 80 percent of inbound QR payments via DuitNow in Malaysia. Alipay+ said in a statement on Monday that the contribution is reflecting a successful public-private partnership in building a more connected payments ecosystem. According to the statement, in the peak travel season in December 2024, the...0 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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AMRO sees fragmented systems, regulatory alignment, and cybersecurity as challenges for ASEAN regional payment connectivityWhile ASEAN’s regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain. The research house said in a note on Thursday that as more bilateral arrangements are added under the RPC, the complexity of integration increases. Besides, the pace of...0 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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Ant International launches built-in end-to-end AI travel companion for digital wallet, super app users with partnersWith launch partners including Fliggy, Agoda and Trip.com, Ant International has introduced Alipay+ Voyager, an artificial artificial intelligence (AI) travel companion integrated into digital wallets for the travel industry to simplify and enhance travel experiences for global consumers. Ant International said in a statement on last Wednesday that Alipay+ Voyager combines Ant...0 Kommentare 0 Geteilt 6KB Ansichten 0 Bewertungen
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Ant International partners with Barclays on global treasury management with proprietary AI-powered FX modelSingapore-based financial technology firm Ant International has entered a partnership with the United Kingdom bank Barclays to enhance efficiency and resilience in global treasury management for businesses. Under the partnership, the two sides will combine innovative solutions, including Ant’s proprietary Time-Series Transformer (TST) AI FX Model, to help businesses reduce foreign...0 Kommentare 0 Geteilt 5KB Ansichten 0 Bewertungen
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Ant International, Deutsche Bank team up to provide integrated cross-border payment solutions to global merchantsAnt International and Deutsche Bank have announced their strategic partnership to provide more comprehensive payment solutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenization and artificial intelligence (AI)-based foreign exchange (FX) technology. The duo said in a statement on Tuesday that the bank...0 Kommentare 0 Geteilt 6KB Ansichten 0 Bewertungen
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Beyond crypto-native: Stablecoins’ bid for mainstream payment adoptionThe recent buzz around stablecoins has drawn worldwide attention. From its potential in reducing cost and creating a smoother payment experience for end users to facilitating global trade, global investors are betting big on stablecoin payments. In 2025, Stripe acquired Bridge, a stablecoin orchestration platform, for $1.1 billion to enhance its cross-border payment capabilities, while...0 Kommentare 0 Geteilt 182 Ansichten 0 Bewertungen
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China’s Skyee receives IPA for MPI license from MASSkyee Pte. Ltd. has on Monday announced that it has been granted in-principle approval (IPA) for the major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). Skyee said in a statement that if obtained, the MPI license will allow the firm to service its Singapore market, further enhancing the payment experience for cross-border sellers, streamlining payment...0 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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China’s XTransfer receives license to provide payment services in SingaporeXTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country. XTransfer said in a statement on Friday that this significant milestone strengthens the firm’s leading position in the B2B cross-border payments industry....0 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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Fintech giant Stripe to power global internet commerce growth from Asia with stablecoins & AIStripe, the programmable financial services company, has on Wednesday showcased stablecoin and AI product updates at Stripe Tour Singapore 2025 to accelerate global growth for Asian businesses. The announcements come as new research from Stripe shows that businesses across Asia are expecting to quickly adopt the technologies reshaping the internet economy. Stablecoins and AI are becoming core...0 Kommentare 0 Geteilt 2KB Ansichten 0 Bewertungen
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