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Fintech funding in Southeast Asia declined 20% year-on-year to US$851 million in the first half of 2024, according to a report by Tracxn, a global SaaS-based market intelligence platform. This […]
The Southeast Asian fintech startup has been a dynamic landscape, with countries like China, India, Singapore, and Indonesia emerging as fintech hubs, each with unique strengths and focus areas. Besides, […]
Former executives of Fave, Joel Neoh and Audra Pakalnyte, have joined forces to launch First Move, an early-stage fund specifically focused on supporting startups that cater to consumers in Southeast […]
VentureTECH SBI and VentureTECH have jointly invested 10 million Malaysian ringgit ($2.4 million) in Bayo Pay, a licensed Mastercard Non-Bank E-Money Issuer. The funding round, led by VentureTECH SBI, aims […]
Kenanga Investment Bank Berhad (Kenanga) has entered into an agreement with AntChain Technology Pte. Ltd. (AntChain), part of the Ant Group, to build Malaysia’s first wealth SuperApp using AntChain’s proprietary […]
TNG Digital, the owner and operator of Malaysia’s largest e-wallet company Touch ‘n Go eWallet, has raised about $168 million in a its latest equity funding round led by Lazada […]
Boost, the fintech arm of Axiata Group Berhad (Axiata) and RHB Banking Group (RHB) achieved a significant milestone having secured the highly anticipated digital bank licence (DBL) issued by Bank […]
Grab Holdings Limited and Singtel announced that GXS Bank Pte. Ltd., their digital bank joint venture, and a consortium of Malaysian investors including Kuok Brothers Sdn. Bhd (the Malaysia digital […]
Malaysian financial wellbeing platform Payd announced that it has raised $1.7 million in a seed funding round to expand its Southeast Asian operations, fuelling the growth of the region’s financial […]
Indonesia-based P2P lender Modalku has collaborated with BukuWarung, a bookkeeping and digital payments platform to support its 6.5 million MSME users. According to Iwan Kurniawan, Modalku’s Co-Founder& COO, this collaboration […]