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FinTech giant Stripe banks on stablecoin & AI for APAC growth [interview]FinTech giant Stripe is banking on AI and the adoption of stablecoin as the company grows its footprint in Asia Pacific. “We are optimistic (on the adoption of stablecoin) but we also know that this is still relatively early days. We know the prevalence of the use of stablecoins in Asia Pacific, across the region,” said Sarita Singh, Regional Head and Managing Director for...0 Commentaires 0 Parts 733 Vue 0 Aperçu
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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 Commentaires 0 Parts 2KB Vue 0 Aperçu
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GIC, SoftBank could sell stake in Vietnam’s fintech firm VNLifeSingapore’s GIC Pte Ltd and Japan’s SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm VNLife, Bloomberg reported on Tuesday, quoting people with knowledge of the matter. The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest, the people...0 Commentaires 0 Parts 1KB Vue 0 Aperçu
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GXBank and Grab Malaysia announce eight local startups shortlisted to drive innovation for Malaysia’s fintech ecosystemGXBank and Grab Malaysia have recently announced the inaugural top eight fintech startups shortlisted to be part of the six-month long TeXnovasi Accelerator Program. Supported by Cradle Fund and 1337 Ventures, TeXnovasi aims to empower Malaysia’s fintech startups through mentorship and resources towards building a tech-driven, financially empowered nation, and position Malaysia as a key...0 Commentaires 0 Parts 11KB Vue 0 Aperçu
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Hong Leong Islamic Bank collaborates with PayNet, GoBarakah on new FinTech ecosystemMalaysian lender Hong Leong Islamic Bank (HLISB) has signed a memorandum of understanding (MOU) with fintech platform GoBarakah, with plans to build a new FinTech ecosystem that channels donations and funds to underserved communities. The partnership, formed under the PayNet Cambah program by Malaysia’s national payments firm Payments Network Malaysia Sdn Bhd (PayNet), underscores the...0 Commentaires 0 Parts 10KB Vue 0 Aperçu
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IG Group appoints Fintech veteran Gavin Chia to accelerate growth across Singapore and emerging Asian marketsGlobal fintech firm IG Group Holdings plc has named Gavin Chia as Chief Executive Officer (CEO) of IG Singapore and Emerging Markets. IG said in a statement on Tuesday that Chia assumes the role on September 1, 2025, subject to regulatory approval. The appointment comes as IG prepares to expand its product offering across Asia. A recognized leader in Singapore’s brokerage scene, Chia...0 Commentaires 0 Parts 1KB Vue 0 Aperçu
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Largest Philippine fintech company GCash said to pick banks for IPOGCash, the largest fintech platform in the Philippines, has picked banks to work on an initial public offering (IPO) that could take place this year, Bloomberg reported on Thursday, quoting people familiar with the matter. GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help...0 Commentaires 0 Parts 11KB Vue 0 Aperçu
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Malaysia’s MPay secures Labuan FSA license to fuel regional and global Fintech expansionManagePay 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...0 Commentaires 0 Parts 5KB Vue 0 Aperçu
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PayNet launches Fintech accelerator to catalyze and support industry growth in MalaysiaPayments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub). This platform will accelerate fintech growth in Malaysia by providing fintechs with direct access to capital, key industry connections, financial...0 Commentaires 0 Parts 6KB 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 67 Vue 0 Aperçu
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Sumsub: healthtech, fintech sectors most exposed to new wave of AI-powered fraud in APACNew data released by global verification provider Sumsub, revealed that healthtech and fintech sectors are the most exposed to the new wave of artificial intelligence (AI)- powered fraud in Asia Pacific (APAC). The firm said in a statement on Thursday that APAC digital ecosystems continue to undergo explosive growth, some of the fastest-growing sectors are becoming prime targets for...0 Commentaires 0 Parts 7KB Vue 0 Aperçu
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11 startups backed by Sanabil Accelerator by Orbit advance innovation across MENASanabil Accelerator by Orbit highlighted 11 startups from Saudi Arabia, UAE, Qatar, Egypt, Pakistan, and Hong Kong that are building solutions tackling key challenges in education, mobility, enterprise software, logistics, e-commerce, proptech, and fintech across the region. These startups each received $100,000 in initial funding as part of the accelerator, along with access to follow-on...0 Commentaires 0 Parts 841 Vue 0 Aperçu
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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 Commentaires 0 Parts 10KB Vue 0 Aperçu
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Alipay+ to help Laver Cup drive fanbase growth and digital engagement in global sponsorshipAlipay+ this week became a global sponsor of the prestigious Laver Cup initiated by legendary tennis player Roger Federer. And also as an official payment partner, Alipay+ will leverage its extensive digital ecosystem that reaches 1.7 billion consumers to drive fanbase growth and engagement for the tournament. Alipay+ joins other long-term strategic partners like Rolex, Mercedes-Benz and UBS...0 Commentaires 0 Parts 97 Vue 0 Aperçu
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Alpadis expands regulatory capabilities with acquisition of Ingenia Consultants in SingaporeAlpadis, an independent, international provider of bespoke, technology-driven trust and corporate services, is joining forces with Ingenia Consultants, a compliance service provider for financial institutions in Singapore. Alpadis said in a statement on Wednesday that with this acquisition, it will expand its services for boutique and medium-sized financial institutions and extend them to its...0 Commentaires 0 Parts 2KB Vue 0 Aperçu
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Ant International opens first middle east office in Saudi ArabiaAnt International, a global digital payment, digitization and financial technology provider, has opened a new office location in the central business district of Al-Olaya, Riyadh, Kingdom of Saudi Arabia (KSA), following its successful technical certification as a Payment Technical Service Provider (PTSP) from Saudi Central Bank (SAMA). With the new office launch, Ant International will work...0 Commentaires 0 Parts 10KB Vue 0 Aperçu
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Aspire secures capital markets services licence from MASASG2 Pte Ltd, a subsidiary of Aspire, a Singapore-headquartered finance platform, has on Thursday announced that it has secured the capital markets services license (CMS) from the Monetary Authority of Singapore (MAS). The firm said in a statement that the licence will enable it to better serve businesses in Singapore by widening its offering to include regulated investment solutions designed...0 Commentaires 0 Parts 9KB Vue 0 Aperçu
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Atome Financial grows credit facility to $80M with BlackRock Private Credit, InnoVen Capital fundingAtome Financial, a Singapore-based digital financial technology platform and part of Advance Intelligence Group, has secured funding from BlackRock Private Credit, InnoVen Capital, growing its credit facility to $80 million. Atome Financial said in a statement on Wednesday that it has secured a private credit fund managed by BlackRock, and InnoVen Capital as new consortium members in the...0 Commentaires 0 Parts 11KB Vue 0 Aperçu
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Backbase partners Synpulse to accelerate banking transformation across APACGlobal fintech firm Backbase has announced a strategic partnership with financial services consulting firm Synpulse to accelerate digital transformation for banks across Asia-Pacific. Backbase said in a statement on Thursday that the partnership provides banks with a comprehensive transformation approach that includes strategy consulting, tailored platform solutions, and localized...0 Commentaires 0 Parts 9KB Vue 0 Aperçu
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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 Commentaires 0 Parts 1KB Vue 0 Aperçu
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Bolttech appoints Chief Investment Officer at Dragon Fund Ridhi Chaudhary to Board of DirectorsSingapore-based insurtech firm bolttech has appointed Ridhi Chaudhary, Chief Investment Officer of Dragon Fund by Liquidity and MUFG, to its Board as a Non-Executive Director. This follows bolttech’s recent Series C funding round led by Dragon Fund, the firm said in a statement on Monday. According to the statement, Chaudhary’s extensive experience in driving growth through...0 Commentaires 0 Parts 10KB Vue 0 Aperçu
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CGC Digital, Funding Societies, and FarmByte team up to support agricultural financing in MalaysiaMalaysia-based fintech firm CGC Digital, Singapore-based financing platform Funding Societies | Modalku, and Malaysia-based agricultural digital service firm FarmByte have teamed up to support agricultural financing in Malaysia. The trio said in a statement on Wednesday that they have signed a memorandum of understanding (MoU) aimed at narrowing the financing gap for micro, small, and medium...0 Commentaires 0 Parts 10KB Vue 0 Aperçu
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CoKeeps, Maybank Trustees forge partnership on blockchain-powered custodial and asset management solutionsCoKeeps Sdn Bhd, a Malaysia-based blockchain infrastructure company, and Maybank Trustees Berhad, a wholly owned subsidiary of Malayan Banking Berhad, have signed a memorandum of understanding (MOU) on exploring and implementing blockchain-based custodial and asset management solutions in support of Malaysia’s national digital transformation ambitions. The MOU represents a shared...0 Commentaires 0 Parts 9KB Vue 0 Aperçu
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