Tag: ASEAN
M2P Fintech secures $102m in Series D funding to bolster banking...
M2P Fintech, the cornerstone of Asia's banking infrastructure, has recently secured a significant $102m in the first close of its Series D financing.
Maybank invests in Funding Societies to drive MSME digital finance in...
Maybank, which serves over one million small and medium enterprises (SMEs) across ASEAN, announced today a significant investment in Funding Societies | Modalku, Southeast Asia's foremost unified digital finance platform for micro, small, and medium enterprises (MSMEs).
Huize makes strategic move into Vietnam with Global Care acquisition
Huize Holding Limited, a leading insurance technology platform in Asia, has acquired Global Care Consulting Joint Stock Company, a pioneering InsurTech company in Vietnam, specializing in digital transformation solutions for the insurance industry.
Apis Partners’ strategic exit from GHL boosts ASEAN payments leader
Apis Growth Fund I, a private equity fund managed by UK-based asset manager Apis Partners LLP, has announced a complete exit from its investment in ASEAN payments provider GHL.
ASEAN’s influence on the Philippines’ AML approaches
Established on 8 August 1967, the Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organisation consisting of ten countries in Southeast Asia. With the overarching goal of promoting political and economic cooperation and regional stability, ASEAN has been instrumental in fostering collaboration and integration among its member states.
PayTech giant Airwallex to expand ASEAN foothold following regulatory approval
Global payments platform Airwallex has been granted a Major Payment Institution License in Singapore by the Monetary Authority of Singapore (MAS) under the Payment Services Act.
PasarPolis bags $54m in Series B round
Indonesian InsurTech innovator PasarPolis has secured another $54m in a funding round to improve its AI-based claim automation platform and into its onboarding platform for agents.
AFIN launches new API Exchange into the ASEAN region
The ASEAN Financial Innovation Network (AFIN) has launched the API Exchange (APIX), an online global FinTech marketplace and sandbox for financial institutions.
UOB to launch new digital bank for ASEAN market
United Overseas Bank Limited (UOB) is launching a new digital bank for ASEAN’s growing mobile-focused and mobile only customers.
tryb Group bags $30m investment from Makara
Financial infrastructure company tryb Group has received a $30m investment from Makara Innovation Fund.