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CGC Digital, B2B Finpal partner to expand access to MSME financing through innovative digital solutionsCGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), announced Monday a strategic collaboration with B2B Finpal, a peer-to-peer (P2P) financing platform, aimed at broadening access to financing for Malaysia’s micro, small, and medium enterprises (MSMEs). The duo said in a statement that this collaboration introduces a bespoke credit guarantee scheme...0 Commentaires 0 Parts 6KB Vue 0 Aperçu
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China’s Huize secures MAS license in Singapore for insurtech PoniChina-based Huize Holding Limited, through its international brand Poni Insurtech, announced that Poni Financial Advisory Pte. Ltd. has been licensed by the Monetary Authority of Singapore as a Financial Adviser and Exempt Insurance Broker. The Singapore license strengthens Huize’s ASEAN commitment and underpins a dual regional hub strategy spanning Singapore and Hong Kong, the firm said...0 Commentaires 0 Parts 1KB Vue 0 Aperçu
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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 Commentaires 0 Parts 11KB Vue 0 Aperçu
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Grab achieves $20M profit in the second quarter amid higher revenueSoutheast Asia’s superapp Grab announced Thursday that it has achieved a profit of $20 million in the second quarter of FY2025 amid higher revenue. Grab said in a statement that its revenue grew 23 percent year-over-year, or 19 percent on a constant currency basis, with year on year growth accelerating from the prior quarter, to $819 million in the second quarter of 2025, driven by...0 Commentaires 0 Parts 4KB Vue 0 Aperçu
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Maybank raises Sea’s revenue and adjusted EBITDA estimatesMaybank Investment Bank has raised Sea‘s full year revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 3 percent to 6 percent. The research house said in a note on last Wednesday that Sea’s strong tech-driven execution, underpenetrated markets and supportive competitive landscape position it for sustained high growth, while its...0 Commentaires 0 Parts 3KB Vue 0 Aperçu
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Philippine fintech firm Salmon secures additional $50M in oversubscribed Nordic bondSalmon Group Ltd, a credit-led fintech in the Philippines, has raised further $50 million in an oversubscribed Nordic bond issue, accelerating its goal to build Southeast Asia’s next-generation consumer banking. The firm said in a statement on Wednesday that this latest raise follows the $60 million inaugural bond issue in April 2025, bringing Salmon’s total bond financing to $110...0 Commentaires 0 Parts 1KB Vue 0 Aperçu
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Rethinking payouts: A strategic pathway to business growthPayouts don’t often come up in boardroom strategy sessions. However, as we experience an ever-evolving world, businesses are asking themselves how they can ensure the transfer of money, quickly and securely to other businesses, individuals or third parties across the globe. Especially when it comes to cross-border transactions. Historically, the answer was using slow siloed...0 Commentaires 0 Parts 2KB Vue 0 Aperçu
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Sea opens new digital financial services headquarters in Singapore; rebrands SeaMoney to MoneeSingapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee. Sea said in a statement that located at Rochester Commons, the new headquarters for Monee spans 10 floors and over 200,000 square feet. It will initially accommodate over...0 Commentaires 0 Parts 7KB Vue 0 Aperçu
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Sea’s revenue jumps 29.6 percent amid strong e-commerce salesSingapore’s tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth. The firm said in a statement on Tuesday that it achieved a total net income of $410.8 million for the quarter, as compared to total net loss of $23 million a year ago. The firm’s total adjusted earnings before...0 Commentaires 0 Parts 8KB Vue 0 Aperçu
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Singapore’s Thunes raises $150M in Series D funding led by Apis Partners and Vitruvian PartnersThunes, the Singapore-based payment firm, has announced the successful raise of its $150 million Series D funding led by global private equity firms Apis Partners and Vitruvian Partners. The firm said in a statement on Monday that the firm plans to leverage this capital to supercharge its expansion in the United States, supported by the recent acquisition of licenses across 50 U.S. States,...0 Commentaires 0 Parts 6KB Vue 0 Aperçu
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Swiss fintech firm additiv expands APAC operations with new Indonesia officeAdditiv, 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...0 Commentaires 0 Parts 11KB Vue 0 Aperçu
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