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Ample Transfers receives IPA from MAS to expand regulated payment services in SingaporeAmple Transfers, a Singapore-based provider of remittance and money-changing services, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to expand its scope of regulated payment services. The firm said in a statement on Monday that the approval, part of a license variation application, allows the firm to work towards offering four additional regulated...0 Yorumlar 0 hisse senetleri 5K Views 0 önizleme
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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 Yorumlar 0 hisse senetleri 7K Views 0 önizleme
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Atome secures $75M asset-backed facility from Lending Ark to expand financial access in the PhilippinesAtome, Singapore-based buy now pay later (BNPL) provider and part of Advance Intelligence Group, announced Monday that it has secured a $75 million asset-backed financing facility from Lending Ark, to accelerate financial inclusion in the Philippines. Atome said in a statement that this strategic financing from Lending Ark Asia Secured Private Debt Fund advised by CITIC Securities CLSA Capital...0 Yorumlar 0 hisse senetleri 2K Views 0 önizleme
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Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive SolutionsAura 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...0 Yorumlar 0 hisse senetleri 9K Views 0 önizleme
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Boost Bank disburses $35.52M to hundreds of SMEs in MalaysiaMalaysia’s digital bank Boost Bank said Tuesday it has disbursed close to MYR 150 million ($35.52 million) financing disbursements across hundreds of small and medium-sized enterprise (SMEs). The bank said in a statement that as the first digital bank in Malaysia to roll out financing solutions exclusively for SMEs, this achievement reaffirms Boost Bank’s strong support in driving...0 Yorumlar 0 hisse senetleri 3K Views 0 önizleme
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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 Yorumlar 0 hisse senetleri 4K Views 0 önizleme
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Digido: Filipinos spent 1.54 billion seconds using digital lending apps in 2024About 1.54 billion seconds were spent by persons in using non-bank digital lending applications in the Philippines in 2024, according to new analysis from Digido. Philippine-based financial platform said in a statement on Tuesday that an examination of 47 digital lending applications duly-registered to operate in the country, including Digido, revealed that the lion’s share of activity...0 Yorumlar 0 hisse senetleri 3K Views 0 önizleme
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Financial Inclusion in Asia Projected to Reach 80% by 2030 – analystsThe analysts have developed an index of financial accessibility in Asia and made a forecast based on the available historical data. The index incorporates factors, such as financial institution account ownership, digital payments usage, debit and credit card ownership, and borrowing and saving experience. For the final estimate, each parameter was weighted based on its impact on access to...0 Yorumlar 0 hisse senetleri 3K Views 0 önizleme
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GXBank partners MDEC to drive digitalization and financial inclusion of MSMEs in MalaysiaGXBank has signed a memorandum of understanding with the Malaysia Digital Economy Corporation (MDEC) to drive digital transformation of micro, small and medium enterprises (MSME) in Malaysia. GXBank said in a statement on Wednesday that this initiative is in-line with its mission to build a financially resilient nation through technology and innovation. “As one of Malaysia’s three...0 Yorumlar 0 hisse senetleri 5K Views 0 önizleme
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HLB, DCAP Digital collaborate to boost SME lending and financial inclusion with cutting-edge AIHong Leong Bank (HLB) has signed a memorandum of understanding (MoU) with DCAP Digital Sdn Bhd to boost the small and medium-sized enterprise (SME) lending and financial inclusion with cutting-edge artificial intelligence (AI). HLB said in a statement on Friday that the partnership is aligned with its continuous efforts to support the SME ecosystem and offer tailored financial solutions to...0 Yorumlar 0 hisse senetleri 3K Views 0 önizleme
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Hong Kong’s RedotPay secures $40M in Series A funding round led by LightspeedRedotPay, a crypto payment platform based in Hong Kong, has announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024. RedotPay said in a statement on Monday that the round also saw significant investments from HSG and Galaxy Ventures. It also saw participation from DST Global Partners, Accel, Vertex Ventures...0 Yorumlar 0 hisse senetleri 7K Views 0 önizleme
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