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2025-04-10 05:26:51 -

Airwallex reports triple-digit full year revenue growth in Singapore for 2024
Airwallex, 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,...

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2025-01-13 06:08:46 -

China’s Skyee receives IPA for MPI license from MAS
Skyee 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...

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2025-02-05 08:19:14 -

Swiss fintech firm additiv expands APAC operations with new Indonesia office
Additiv, a Switzerland-based digital solutions and platforms for the financial services industry, has on Monday announced the opening of its new office in Jakarta, Indonesia, marking the expansion of its Asia Pacific operations. This strategic move reinforces additiv’s commitment to the region and positions the company to better support financial institutions in their digital...

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2025-04-10 06:25:25 -

Tracxn: Southeast Asian FinTech ecosystem funding plunges 66 percent on year in first quarter
The Southeast Asia (SEA) FinTech startup ecosystem witnessed a total of $193 million in funding, which marks a 66 percent drop compared to the $584 million raised in the first quarter of 2024 and a 30 percent decline from the $274 million raised in the fourth quarter of 2024, Tracxn said Thursday. The data intelligence platform said in its Q1 2025 Southeast Asia FinTech Report that the SEA...

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