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Bank of Japan launches pilot programme for CBDC
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 CyberTech PrivaSapien secures $1m
India-based PrivaSapien has reportedly collected $1min its seed round, which was led by Omidyar Network India.
Northstar Group holds first close for new fund aimed at Indonesia
Singaporean venture capital firm Northstar Group has reportedly hit the $90m first close for its fund with a brand-new investment strategy.
Singlife with Aviva, has launched InsurTech accelerator programme
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 Paper.id scores $12m
Indonesia-based payment and invoicing solution Paper.id has reportedly raised $12m in its Series B funding round, which was led by Go-Ventures.
ABA Bank launches instant card issuance kiosk
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 raises $48m for digital trust in Indonesia
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.
Airwallex partners with Atome to offer BNPL services in Asia
Payment and banking infrastructure developer Airwallex has partnered with Asian buy now, pay later (BNPL) company Atome.
Hong Kong-based PayTech KPay closes $10m
Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.
Philippines-based BNPL service BillEase nets $20m
Philippines-based BillEase, which offers buy now, pay later (BNPL) services, has reportedly raised $20m in a debt facility from Singapore’s Helicap Securities.