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2025-02-13 13:50:54 -

AEON Bank and MADCash team up to launch program to empower female microentrepreneurs
Malaysia-based Islamic digital bank AEON Bank (M) Berhad has embarked on a strategic collaboration with fintech enabler focusing on female empowerment MADCash Sdn. Bhd. to empower 100 female entrepreneurs from B40 communities to kickstart their businesses and grow their entrepreneurial skills. The program is anchored on Bank Negara Malaysia’s iTEKAD, a social finance initiative that aims...

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2025-02-12 20:39:00 -

Ant International opens first middle east office in Saudi Arabia
Ant 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...

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2025-02-13 13:48:43 -

Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive Solutions
Aura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a business with capabilities in digital rewards and incentives in the Philippines. Aura Private Equity said in a statement that this investment, made in collaboration with its co-investors, will fuel Giftaway’s growth as...

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2025-02-10 17:53:22 -

MUFG’s JACCS takes 49% stake in Carsome Capital to boost auto financing
Carsome Group, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co., Ltd., a Japan-based consumer credit service firm of the Mitsubishi UFJ Financial Group (MUFG), have announced a strategic partnership via Carsome Capital Sdn. Bhd., the financing arm of Carsome. Carsome said in a statement on last Thursday that as part of this strategic partnership, JACCS...

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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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2025-01-15 12:56:04 -

Tracxn : Southeast Asia’s FinTech funding drops 23 percent in 2024
Southeast Asia’s (SEA) Fintech ecosystem witnessed total funding of $1.6 billion in 2024, a 23 percent drop from $2.1 billion in 2023 and a significant 75 percent decrease from$6.3 billion in 2022, Tracxn said Monday. The data platform said in a statement that the funding in 2024 returned to pre-pandemic levels, reflecting challenges posed by macroeconomic conditions, rising interest...

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