Tag: Asia

Bank of Japan, the country’s central bank, has announced it will launch a proof of concept (PoC) pilot programme for a Central Bank Digital Currency (CBDC).

India-based PrivaSapien has reportedly collected $1min its seed round, which was led by Omidyar Network India.

Singaporean venture capital firm Northstar Group has reportedly hit the $90m first close for its fund with a brand-new investment strategy.

Insurance giant Aviva and financial services company Singlife have launched a new accelerator programme to support the growth of InsurTech startups in Singapore.

Indonesia-based payment and invoicing solution Paper.id has reportedly raised $12m in its Series B funding round, which was led by Go-Ventures.

Cambodian financial institution ABA Bank has become the first bank in the country to launch an instant card issuance kiosk, through a partnership with Compass Plus Technologies.

Privy, a provider of digital trust in Indonesia, has bagged $48m for its Series C funding round, which was led by private equity giant KKR.

Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

Philippines-based BillEase, which offers buy now, pay later (BNPL) services, has reportedly raised $20m in a debt facility from Singapore’s Helicap Securities.