Michael Wong

Inspiren Raises $70 Million to Expand AI-Powered Senior Living Platform

AI-powered senior living technology company Inspiren has raised $70 million in a Series C funding round at a valuation of more than $500 million, as it looks to expand the use of artificial intelligence to help care teams monitor residents and identify potential emergencies. The… Read More

Luminary Raises $22 Million to Expand AI Platform for Wealth Transfer

Luminary, an artificial intelligence (AI) platform aimed at helping financial and legal professionals manage wealth transfers, has raised $22 million in a Series A funding round led by Ten Coves Capital as demand grows for technology to handle increasingly complex estate planning. The financing brings… Read More

Philippine SEC Proposes Higher Crowdfunding Limits, Stronger Investor Safeguards

The Philippine Securities and Exchange Commission (SEC) has proposed amendments to the country’s crowdfunding rules that would raise the amount companies can raise through online platforms while introducing additional safeguards for retail investors. The proposed framework would allow issuers to offer up to 25 million… Read More

China’s Xunce Seeks Up To $1.4 Billion Financing for AI Computing Centre

Shenzhen Xunce Technology Co Ltd plans to secure syndicated loans of up to 10 billion yuan ($1.4 billion) to finance the development of an artificial intelligence inference and computing centre, underscoring the growing capital requirements for China’s expanding AI infrastructure. The company, which provides real-time… Read More

EU Cyber Rules Put APAC Tech Makers on 24-Hour Reporting Clock

Asia-Pacific hardware and software companies that make products with digital elements available on the European Union market are now required to report actively exploited vulnerabilities and severe incidents impacting product security under the bloc’s Cyber Resilience Act (CRA). The reporting obligations took effect on Sept…. Read More

Singapore Central Bank Urges Financial Sector to Prepare for AI-Driven Transformation

Singapore’s central bank is urging financial institutions to prepare for a rapid transformation driven by artificial intelligence, tokenisation, and quantum computing, while strengthening governance and cybersecurity as increasingly autonomous AI systems reshape the financial system. Chia Der Jiun, managing director of the Monetary Authority of… Read More

Saudi Arabia’s Al Qadsiah Explores AI-Driven Cybersecurity with LogRhythm

Saudi Arabia’s Al Qadsiah Club has signed a memorandum of understanding with cybersecurity provider LogRhythm | Exabeam to explore the use of cloud-based security and AI  tools to protect the sports club’s growing digital operations. The agreement, signed on the sidelines of technology conference LEAP… Read More

Ant International Secures Brazil Payment Institution Licence

Singapore-based Ant International has received a payment institution licence from Brazil’s central bank, expanding its regulated presence as the financial technology company strengthens its local and cross-border payment capabilities in Latin America’s largest economy. The licence from Banco Central do Brasil builds on services Ant… Read More

Philippine SEC Approves GCash Operator Mynt’s Up To $1.6b IPO

The Philippine Securities and Exchange Commission (SEC) has approved an initial public offering (IPO) by Mynt Inc., operator of the GCash mobile wallet, that could raise up to 92.32 billion pesos ($1.6 billion), potentially making it one of the country’s largest-ever listings. The regulator approved… Read More

EQT To Acquire Majority Stake in McGill and Partners for $2 billion

Swedish private equity firm EQT has agreed to acquire a majority stake in specialty insurance and reinsurance broker McGill and Partners from Warburg Pincus for $2 billion, the companies said. The transaction will see Warburg Pincus sell its equity stake in full, while McGill and… Read More

HKMA Warns Public Over Phishing Scams Targeting Mobile Payment Card Binding

The Hong Kong Monetary Authority (HKMA) has warned the public to stay alert to phishing scams involving the unauthorised binding of payment cards, including ATM cards, to contactless mobile payment services. The HKMA said it recently received reports from banks of scams in which fraudsters… Read More

Crédit du Maroc Set to Get $13.5m Risk-Sharing Facility for SME Lending

Morocco’s Crédit du Maroc is set to receive a proposed risk-sharing facility of up to 125 million Moroccan dirhams ($13.5 million) from the International Finance Corporation (IFC) to expand lending to small and medium-sized enterprises in the country’s agricultural sector and rural areas. The proposed… Read More

DEG Proposes $10 Million Top-Up for January Capital’s Southeast Asia Venture Debt Fund

German development finance institution DEG is proposing an additional $10 million loan to JC Growth Credit Fund 1 LP, a venture debt vehicle managed by Singapore-based investment firm January Capital, according to a disclosure seen by CrowdFund Insider. The proposed financing would top up an… Read More

Singapore Commits $170 Million to Fintech Innovation, AI Adoption

The Monetary Authority of Singapore (MAS) has committed S$220 million ($173 million) over three years to support financial technology development, artificial intelligence adoption, and industry infrastructure under the fourth edition of its Financial Sector Technology and Innovation Scheme. The renewed programme, known as FSTI 4.0,… Read More

Alipay+ Connects with Philippines’ QR Ph for Cross-Border Payments

Ant International’s Alipay+ has connected with the Philippines’ national QR payment system, allowing international visitors to pay merchants through supported overseas e-wallets and banking apps. The integration with QR Ph means participating merchants can accept payments from Alipay+ partner users through their existing QR codes… Read More

Malaysia’s Forest City Offers 5% Tax Rate to Eligible Fintech Companies

Malaysia’s Forest City Special Financial Zone is offering a 5% corporate tax rate to eligible fintech companies and payment-system operators, as the development seeks to attract technology-enabled financial services businesses near Singapore. The preferential rate is available for 10 consecutive assessment years and may be… Read More

SG’s HitPay Embeds Payment Infrastructure Into Superbench AI Platform

Singapore-based payments platform HitPay has integrated its payment infrastructure with Superbench, allowing business-to-consumer service providers to manage customer inquiries, bookings, and payments through a single system. The partnership adds embedded payments to Superbench’s AI-powered customer engagement platform, covering transactions from online deposits to in-person point-of-sale… Read More

Hong Kong Deposits Rise as Renminbi Holdings, Cross-Border Settlements Grow

Deposits held with Hong Kong banks increased in July, while renminbi deposits and cross-border trade settlements recorded stronger growth, according to data released by the Hong Kong Monetary Authority (HKMA). Total deposits with authorized institutions rose 0.9% in July 2026, with Hong Kong dollar and… Read More

IFC Weighs $4m Investment in Nigerian Vehicle-Financing Startup Gigmile

The International Finance Corporation (IFC) is considering an equity investment of up to $4 million in Gigmile Technologies Ltd, a Nigerian financial technology company providing lease-to-own financing for commercial vehicles. The proposed investment would form part of Gigmile’s Series A funding round and support its… Read More

FMO Provides €30m Green Facility to Turkey’s Garanti Leasing

Dutch development bank FMO is providing a €30 million ($35 million) senior unsecured facility to Turkey-based Garanti Leasing to support financing for green projects, small and medium-sized enterprises, and equipment, according to a project document seen by CrowdFund Insider. The facility will be fully allocated… Read More

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