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2025-05-30 09:56:56 -

Airwallex’s $6.2B valuation soars with $300M Series F backing
Airwallex, 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,...

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2025-06-06 08:31:31 -

Malaysia’s MPay secures Labuan FSA license to fuel regional and global Fintech expansion
ManagePay Systems Berhad (MPay), a Malaysian fintech company, announced Wednesday that Labuan Financial Services Authority (Labuan FSA) has approved MPay to establish a subsidiary in Labuan, namely MPay SPV Labuan Ltd. (MPay Labuan). MPay said in a statement that the Labuan subsidiary will operate a credit token business and digital financial services, as well as a payment system targeting...

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2025-06-06 08:29:02 -

Singapore’s Thunes secures money transmission licenses to operate in the United States
Thunes, the Singapore-based payment firm, announced Wednesday it has secured the 50 licenses it requires to operate in the United States. Thunes said in a statement that this marks a major milestone following its recent Series D funding round and reinforces the firm’s unwavering commitment to scale at pace and deliver on its strategic roadmap. The acquisition of the licenses by the...

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2025-06-06 09:22:30 -

Singapore’s TOPPAN Security acquires Thailand’s smart card solutions provider dzcard
TOPPAN Security, a Singapore-based secure identity and payment solutions provider, announced Wednesday that it has entered into a definitive agreement to acquire dzcard Group, a Thailand-based provider of smart card solutions and personalization services. TOPPAN said in a statement that this strategic acquisition immediately positions the the firm as the clear leader in the Asian payment card...

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