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2025-04-03 12:38:25 -

Aspire secures capital markets services licence from MAS
ASG2 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...

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2025-01-13 06:11:16 -

Green Packet secures digital lending license in Malaysia
Malaysia-listed tech firm Green Packet has secured a digital lending license from Malaysian government. The firm said in a statement on last Thursday that its subsidiary Packet Interactive Sdn Bhd has secured the license from Ministry of Housing and Local Government. This digital lending license will enable Packet Interactive Sdn Bhd to further expand its suite of financial products and...

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2025-03-31 02:13:27 -

Malaysia approves $29.64M initial funding for seven ECF, P2P platforms under NIMP2030 strategic CoSIF
The Ministry of Investment, Trade and Industry (MITI) announced last Saturday that a total of seven equity crowdfunding (ECF) and peer-to-peer financing (P2P) platforms have been selected to participate in the New Industrial Master Plan (NIMP2030) Strategic Co-Investment Fund (CoSIF). MITI said in a statement that the ECF platforms are pitchIN; Mystartr; Leet Capital and Crowdo, while the P2P...

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2025-04-22 04:46:48 -

Malaysia’s U Mobile transfers merchant acquiring business GoBiz to NTT DATA
Malaysia’s Next Gen 5G network provider U Mobile has entered into a strategic agreement to transfer its merchant acquiring business, GoBiz, to NTT DATA Cardpay, a subsidiary under NTT DATA Payment Services Sdn. Bhd. (formerly known as GHL Systems Berhad). U Mobile said in a statement on Monday that this move will enable U Mobile to further strengthen its resources to drive 5G enterprise...

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2025-05-25 08:09:41 -

Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures
1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round. CrediLinq said in a statement the round was led by OM/VC and MS&AD Ventures. New investors include Citi North America and Rustem Family office, while returning investors include...

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