2024 sees 141 billion in fintech funding so far

2024 sees $1.41 billion in fintech funding so far

ASEAN fintech funding totalled $1.41 billion in the first three quarters of this year, constituting four per cent of global fintech funding.
tencent partners with visa to bring palm payment to singapore

Tencent partners with Visa to bring palm payment to Singapore

Tencent announced a strategic partnership with Visa on November 6 to introduce its palm recognition technology for digital payments in international markets.
mastercard launches pay local enabling asias digital wallet providers to process card payments from more than 2 billion mastercard cardholders

Mastercard launches Pay Local, enabling Asia's digital wallet providers to process card payments from more than 2 billion Mastercard cardholders

Ahead of the Singapore FinTech Festival, Mastercard today introduced Mastercard Pay Local, a global service that makes it easy for consumers to make card payments to merchants using local digital wallets.
citi report highlights common language for global payments

Citi report highlights common language for global payments

The payment industry is evolving at pace, led by the rapid growth of cross-border money flows, according to Citi’s latest GPS report released in late October.
ecoms data driven innovation steers global trade finance into new waters

eCOM's data-driven innovation steers global trade finance into new waters

The fintech firm is leading a sea change in trade finance for SMEs by converting operational data into valuable assets to address the long-standing financing gap faced by asset-light businesses
xtransfer joins in hong kong fintech week 2024 ceo engages in fintech forum discussions

XTransfer Joins in Hong Kong FinTech Week 2024 CEO Engages in FinTech Forum Discussions

XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, will participate in Hong Kong Fintech Week 2024 at AsiaWorld-Expo for the first time.
tookitakis anti financial crime ecosystem helps banks and fintech fight financial crime

Tookitaki's Anti-financial Crime Ecosystem helps Banks and Fintech Fight Financial Crime

An estimated $2 trillion is laundered globally each year, and new financial crime scenarios are emerging every day. Banks and fintechs, with their current approach of operating in silos, are struggling to keep up.
funding in sea fintech startups fell 28 per cent in q3

Funding in SEA fintech startups fell 28 per cent in Q3

Funding into Southeast Asian fintech startups fell 28 per cent in the third quarter of 2024,to $322 million from $447.5 million, according to the latest data released by Tracxn on October 17.
finvolution group expands global footprint with launch of daira in pakistan

FinVolution Group expands global footprint with launch of "Daira" in Pakistan

ISLAMABAD , Oct. 10, 2024 /PRNewswire/ - FinVolution Group (NYSE: FINV), a leading fintech company, officially announced the launch of Daira, its new fintech platform in Pakistan , on October 10 . This launch marks a significant milestone in the company's global expansion strategy, with the platform offering localized and secure digital fintech services tailored for the Pakistani market.
justmarkets wins double at 2024 uf awards

JustMarkets wins double at 2024 UF Awards

The 2024 iFX Expo International was held in Limassol, Cyprus between June 18-20, bringing together global brands, C-level professionals, startups, and fintech innovators to exchange experiences.
fundiin teams up with vietnam national credit information centre

Fundiin teams up with Vietnam National Credit Information Centre

Fundiin, a buy-now, pay-later (BNPL) fintech company, announced the official signing of a strategic partnership with the Vietnam National Credit Information Centre (CIC) on June 11.
justmarkets turns 12 discover their newest innovations

JustMarkets turns 12: discover their newest innovations

JustMarkets' birthday celebrations have shined a light on the fintech arena.
regaining trust essential to bolster growth of credit

Regaining trust essential to bolster growth of credit

Some banks are at times reluctant to lend, regardless of their financial standing. Tran Ngoc Bau, CEO of WiGroup, a major provider of economic data and fintech solutions, talked to VIR’s Nhue Man about credit bottlenecks in the current context and how to boost credit growth in a healthy manner.
fintech startup 1long secures 500000 in funding

Fintech startup 1Long secures $500,000 in funding

Vietnam-based fintech platform 1Long announced on February 26 that it has secured $500,000 in a pre-seed funding round with the capital coming from a consortium of investors, including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital.
vietnam receives 5 million in swiss aid to elevate fintech sector

Vietnam receives $5 million in Swiss aid to elevate fintech sector

A Swiss-funded project, backed by a $5 million grant, aims to enhance Vietnam's fintech and digital banking sectors.