June 15, 2025 @ 4:38 pm By Michael Wong  |  

Global investment firm Carlyle and banking giant Citi have entered into a strategic collaboration to explore asset-backed financing and co-investment opportunities in the fast-growing fintech specialty lending sector. The partnership formalizes a framework for both firms to exchange market intelligence and jointly pursue deals that… Read More

June 15, 2025 @ 4:33 pm By Michael Wong  |  

Wealthbox, a customer relationship management (CRM) software provider for financial advisors, has secured a $200 million strategic majority investment from Sixth Street Growth, the growth investing arm of global investment firm Sixth Street, according to an announcement. The investment aims to accelerate Wealthbox’s expansion across… Read More

June 14, 2025 @ 5:11 pm By Michael Wong  |  

SBI Ven Capital has invested €1 million in Colossus Digital as part of a bridge round aimed at accelerating the rollout of the company’s Institutional Hub, an infrastructure platform connecting regulated custodians with leading validators for staking and governance. The investment was made through a… Read More

June 14, 2025 @ 4:21 pm By Michael Wong  |  

Mercurity Fintech Holding Inc, a digital fintech group specializing in blockchain-based financial infrastructure, has unveiled plans to raise $800 million to establish a long-term Bitcoin treasury reserve. The initiative marks a strategic shift toward integrating digital assets into the company’s core balance sheet and treasury… Read More

June 14, 2025 @ 12:41 pm By Michael Wong  |  

Fraud in Asia-Pacific’s fastest-growing digital sectors is rising sharply, driven by sophisticated tactics involving deepfakes and synthetic identity documents, according to a new report from global verification provider Sumsub. Healthtech recorded the highest year-on-year increase in fraud cases across the region with a 723% surge… Read More

June 11, 2025 @ 5:17 am By Michael Wong  |  

GoTo Group, Indonesia’s largest digital ecosystem, has completed the migration of its digital finance arm GoTo Financial’s infrastructure to Alibaba Cloud’s local data centers in Jakarta. The move marks a critical milestone in a strategic partnership formed in 2024 and is one of the most… Read More

June 8, 2025 @ 4:55 pm By Michael Wong  |  

Hong Kong will implement its new Stablecoins Ordinance on August 1, formalizing the city’s regulatory framework for stablecoin-related activities and introducing a licensing regime aimed at strengthening oversight of the fast-growing digital asset sector. The ordinance, which was officially gazetted on May 30, is a… Read More

June 8, 2025 @ 4:52 pm By Michael Wong  |  

South Korea’s NAVER Corp. is launching a new venture investment arm in Silicon Valley, a move that underscores its ambition to expand its global presence and accelerate innovation by backing early-stage startups in North America. The initiative, NAVER Ventures, will focus on identifying and supporting… Read More

June 8, 2025 @ 3:55 pm By Michael Wong  |  

The Philippines and India are accelerating efforts to strengthen collaboration in financial technology and broader development cooperation, as both nations seek to harness digital innovation to drive economic growth. Finance Secretary Ralph Recto recently held talks with Indian Ambassador Harsh Jain to identify new avenues… Read More

June 8, 2025 @ 4:52 am By Michael Wong  |  

UBTECH Education, in partnership with the Centre for Information Technology in Education (CITE) under the University of Hong Kong’s Faculty of Education, has formally launched the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Artificial Intelligence Education Development Initiative. The program is set to transform AI education… Read More

June 7, 2025 @ 5:28 pm By Michael Wong  |  

TBC Bank Group PLC has issued a $200 million bond to accelerate the growth of TBC Uzbekistan, its rapidly expanding digital banking arm, as the group deepens its footprint in Central Asia’s largest economy. The synthetic three-year bond, denominated in Uzbek sum and settled in… Read More

June 7, 2025 @ 5:25 pm By Michael Wong  |  

Artificial intelligence is playing a growing role in the way consumers shop across Asia Pacific, with more than a third now relying on AI tools to assist with purchase decisions, according to Adyen’s 2025 Annual Retail Report. Based on a survey of 41,000 consumers in… Read More

June 4, 2025 @ 5:13 am By Michael Wong  |  

Aspire, a Singapore-based finance platform for businesses, has integrated with global payment infrastructure provider Stripe to enhance its payment capabilities, allowing users across Asia to accept a wider range of payment methods and improve cash flow management. The integration enables Aspire users to receive payments… Read More

June 1, 2025 @ 11:22 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) and the School of Business and Management at the Hong Kong University of Science and Technology (HKUST Business School) have signed a memorandum of understanding (MoU) to jointly advance cybersecurity innovation tailored to the evolving needs of the financial… Read More

June 1, 2025 @ 10:43 pm By Michael Wong  |  

Alph.AI, a decentralized trading platform tailored for meme coin enthusiasts, has officially launched with $2 million in strategic funding led by crypto exchange Bitrue, according to an announcement. The platform aims to give retail traders advanced analytics, near-instant trading execution, and institutional-grade wallet security in… Read More

June 1, 2025 @ 6:16 pm By Michael Wong  |  

Kashable, a U.S.-based Fintech company offering employer-sponsored credit and financial wellness benefits, has secured a $250 million credit facility to expand its lending capacity and further its mission of delivering affordable financial solutions to working Americans. The credit facility, led by Nomura Corporate Funding Americas,… Read More

June 1, 2025 @ 5:33 pm By Michael Wong  |  

Grammarly has secured $1 billion in funding from General Catalyst to support the expansion of its AI productivity platform, as the company seeks to broaden its enterprise footprint and accelerate product innovation following its acquisition of Coda earlier this year. The latest investment was made… Read More

May 31, 2025 @ 8:27 pm By Michael Wong  |  

SingWealth Holdings has acquired an insurance brokerage license in the Hong Kong Special Administrative Region, reinforcing its presence in North Asia and expanding its footprint beyond Singapore. The move represents a major step in the company’s strategy to deliver cross-border financial services and deepen its role in… Read More

May 31, 2025 @ 6:22 pm By Michael Wong  |  

Snorkel AI, a provider of AI data development tools, has raised $100 million in Series D funding at a $1.3 billion valuation to accelerate the creation and evaluation of specialized enterprise AI systems. The round was led by Addition, with participation from Prosperity7 Ventures, existing… Read More

May 25, 2025 @ 10:45 pm By Michael Wong  |  

BetaNXT, a technology provider for the wealth management industry, has acquired Delta Data, a specialist in global investment fund solutions, in a move to broaden its capabilities and strengthen its position in the financial services technology ecosystem. The acquisition, made through certain affiliates of BetaNXT,… Read More