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CapBay partners Olea to offer cross border financing for Malaysian exportersBay Group Holdings Sdn Bhd (CapBay), a homegrown Malaysian supply chain financing provider and peer-to-peer (P2P) financing company, has teamed up with Olea Global Pte. Ltd. (Olea), a Singapore-based technology-driven trade and supply chain finance solutions provider, to offer cross border financing for Malaysian exporters. The duo said in a statement on Tuesday that this strategic alliance is...0 Commentarii 0 Distribuiri 2K Views 0 previzualizare
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CIMB signs MOU with Remedi to accelerate digital transformation for healthcare SMEsMalaysian lender CIMB Bank Berhad has signed a memorandum of understanding (MOU) with Remedi Innovations Sdn. Bhd. to co-develop digital health and wellness solutions for health tech small and medium enterprises (SMEs) in Malaysia. This strategic partnership positions CIMB as both an ecosystem enabler and innovation partner, driving technology-led financial solutions across high-growth...0 Commentarii 0 Distribuiri 3K Views 0 previzualizare
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DGGF commits $170,000 funding to support Foxmont Philippine Ventures Fund IIIDutch Good Growth Fund – Financing local SMEs (DGGF) will commit a funding of $170,000 to support Foxmont Philippine Ventures Fund III, with $150,000 allocated to their Business Development Services (BDS) facility and $20,000 dedicated to Technical Assistance (TA). DGGF said in a statement on last Wednesday that the support aims to be catalytic and provide additional value to...0 Commentarii 0 Distribuiri 3K Views 0 previzualizare
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Green Packet secures digital lending license in MalaysiaMalaysia-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...0 Commentarii 0 Distribuiri 11K Views 0 previzualizare
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Malaysia approves $29.64M initial funding for seven ECF, P2P platforms under NIMP2030 strategic CoSIFThe 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...0 Commentarii 0 Distribuiri 8K Views 0 previzualizare
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Malaysia’s Paydibs partners with Alipay+ to expand cross-border payment capabilitiesPaydibs, a Malaysia-based digital payments firm, has announced a strategic partnership with Alipay+, a global wallet unit under Ant International, to expand cross-border payment capabilities. Paydibs said in a statement on Tuesday that through this collaboration, its merchants can now accept payments from over 15+ leading e-wallets and bank apps in the Alipay+ partner ecosystem, including...0 Commentarii 0 Distribuiri 411 Views 0 previzualizare
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Malaysia’s U Mobile transfers merchant acquiring business GoBiz to NTT DATAMalaysia’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...0 Commentarii 0 Distribuiri 6K Views 0 previzualizare
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Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures1982 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...0 Commentarii 0 Distribuiri 6K Views 0 previzualizare
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