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2024-11-30 08:10:41

1337 Ventures Partners with GX Bank to lead TeXnovasi Accelerator
1337 Ventures, Malaysia-based venture capital firm, announced on Thursday its role as the lead accelerator for TeXnovasi—an ambitious initiative by GXBank and Grab Malaysia, with support from Cradle and MYStartup. This groundbreaking program aims to drive innovation in Malaysia’s fintech ecosystem and revolutionise the digital finance landscape. This six-month TeXnovasi...

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2024-12-15 04:32:06

Building a neobank: The future of financial services
Across the board, the financial services industry has been undergoing a radical, digital transformation — and it is not just a matter of cloning and then integrating traditional services to digital platforms, either. Neobanks in particular — digital-only financial services platforms — have been emerging to solve the long-standing issues that have plagued traditional banking...

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2024-12-18 11:02:17

Funding Societies extends partnerships with CGC Digital to boost Malaysian micro and small businesses financing
Funding Societies | Modalku, a Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs), has expanded its digital guarantee products in partnership with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad, to provide Malaysian micro and small businesses with broader and more affordable access to financing. Funding...

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2024-12-05 13:42:41

GORO becomes first participant in Indonesia’s Regulatory Sandbox for property tokenization
GORO, Indonesia’s largest platform for fractional property investment, is the first startup to be admitted into the Financial Regulatory Sandbox supervised by the Financial Services Authority (Otoritas Jasa Keuangan, OJK) for Property Tokenization. This milestone highlights GORO’s position as a pioneer in property tokenization, providing innovative, compliant, and secure solutions...

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2024-11-21 03:55:44

GXS Bank on track to launch business banking solutions in the first quarter of 2025
Singapore-based digital bank GXS Group announced Wednesday \that it is on track to launch its business banking solutions in the first quarter of 2025, after launching its retail banking services successfully. Business banking services will be rolled out progressively in Malaysia and Indonesia, the firm said in a statement. In Singapore, GXS Bank said it will first open its business banking...

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2024-11-11 15:51:29

Singapore’s Capital C secures seven-figure investment in Pre-Series A funding
Singapore-based fintech services provider Capital C Corporation has secured a seven-figure sum in a pre-series A funding round from Phillip Private Equity, Azure Capital, and high-net-worth individuals. The strategic raise will go towards scaling Capital C’s expansion into new Southeast Asian markets, as well as the development of a super app designed to expand access to credit...

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2024-12-18 12:03:39

Singapore’s Triple-A partners Rezo Money to enable crypto-based mobile recharges globally
Triple-A, a Singapore-based cryptocurrency payment firm, has announced a partnership with Rezo Money, a United Kingdom-based digital currencies firm, to enable crypto-based mobile recharges globally. Through this partnership, Rezo Money customers can now perform mobile recharges, pay bills or other remittances services using cryptocurrency, the duo said in a statement on Tuesday. This...

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2024-12-18 10:57:53

Singapore’s Tyme raises $250M in Series D funding round led by Nubank
Tyme Group, the Singapore-based multi-country digital banking group, has on Tuesday announced that it has raised $250 million in Series D funding round led by Brazilian neobank Nubank. Tyme said in a statement that Nubank has joined its shareholder base through a strategic investment during the raise. Having completed its latest investment round, Tyme Group has now firmly achieved unicorn...

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