Singapore has announced a major investment in artificial intelligence (AI), with more than $1 billion earmarked over the next five years to propel the city-state to new heights in AI development. Deputy Prime Minister Lawrence Wong, who also serves as the Minister for Finance, unveiled… Read More
Read more in: Artificial Intelligence, Asia | Tagged Lawrence Wong, singapore
Tonik Digital Bank announces its newest strategic collaboration with Southeast Asian payment gateway, Xendit. The partnership marks a significant milestone for both companies, “as they join forces to deliver secure, convenient, and customer-centric financial solutions.” The partnership with Xendit will further “enrich Tonik’s ecosystem by… Read More
Read more in: Asia, Fintech | Tagged banking, digital bank, greg krasnov, Philippines, southeast asia, tonik, tonik bank, xendit
Kema, a UAE fintech platform founded by ex-Mumzworld.com co-founder Michael Ghandour, says it has raised a $2 million pre-seed round led by Speedinvest with participation from the Dubai Foundation District Fund (DFDF). Kema claims that it transforms “how businesses sell to one another (B2B) by… Read More
Read more in: Asia, Fintech | Tagged funding round, kema, mena, uae
COCA, the crypto wallet app, has announced the initial rollout of its Virtual Cards, following the success of its Early Access Program which has attracted “thousands” of users across Europe. This strategic decision highlights COCA’s dedication “to offering smooth, secure, and user-friendly financial services technology… Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged coca, digital wallet, non-custodial, wallet
India is reportedly moving forward with the next few stages of its planned digital rupee pilot. This would add programmability and offline payment capability, according to a recent update. Like most major economies across the globe, India has been testing a retail CBDC or central… Read More
Read more in: Asia, Blockchain & Digital Assets, Fintech | Tagged cbdc, cbdcs, central bank digital currency, digital rupee, india, pilot
Verimatrix (Euronext Paris: VMX), the firm powering the modern connected world with people-centered security, announced that HBL Microfinance Bank Ltd is among the latest financial institutions in the South Asia region “to deploy the Verimatrix Extended Threat Defense (XTD) app shielding service to protect FirstPay, the… Read More
Read more in: Fintech, Asia | Tagged digital wallet, firstpay, hbl, hbl microfinance bank, security, verimatrix
XTransfer, the B2B cross-border trade payment platform, announces a key milestone in its partnership with Deutsche Bank. Deutsche Bank has executed XTransfer’s first onshore Thai Baht (THB) trade in Thailand, “leveraging the latest version of the Bank of Thailand‘s Non-Resident Qualified Company (NRQC) rules.” Under… Read More
Read more in: Fintech, Asia, Global | Tagged b2b, cross-border trade, deutsche bank, milestone, payments, pimolpa simaroj, singapore, violas xiao, xtransfer
Republic, a global technology company supporting the digital transformation of finance and investing, and Creta, a Web3-based multiverse gaming platform formed by a coalition of developers, creators, producers, are announcing their partnership with eyes towards collaboration in the Web3 development space. Republic is an financial… Read More
Read more in: Blockchain & Digital Assets, Asia, Global, Offerings | Tagged creta, gaming, metaverse, republic, token sale, Web3
The Government of the Hong Kong Special Administrative Region (HKSAR) announced the successful issuance of approximately HK$6 billion in digital green bonds, marking a significant advancement in the integration of fintech and green finance. This initiative, part of the HKSAR Government’s Green Bond Programme, is… Read More
Read more in: Fintech, Asia | Tagged christopher hui, eddie yue, fintech, green bond, hong kong, tokenization
Animoca Brands Japan, a subsidiary of the Hong Kong-based Web3 entity Animoca Brands, has announced a new partnership with HashPalette to facilitate the global expansion of Japan’s Web3 gaming sector. This strategic collaboration is set to provide marketing support for HashPalette’s game, THE LAND ELF… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged animoca brands, Animoca Brands Japan, HashPalette, Seihaku Yoshida, Web3
IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan. With credit card fraud reported by Japanese companies increasing by 30% year over year to USD 294 million, banks in the market are showing interest for biometric smartcard solutions,… Read More
Read more in: Asia, Global, Regtech & Legaltech | Tagged biometrics, catharina eklof, fraud, idex, japan, koichiro sasai, kona i, payments
UBS AG (NYSE:UBS) announced the launch of Hong Kong’s investment-grade tokenized warrant on the Ethereum public blockchain network. This innovative product utilizes the on-chain issuance product framework “offered by UBS Tokenize, the bank’s in-house tokenization service.” The product is a call warrant with Xiaomi Corporation… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged distributed ledger technology, dlt, ethereum, hong kong, investment-grade tokenized warrant, patrick pan, public blockchains, tokenization, ubs, winni cheuk
Nium, the enabler of real-time global payments, announces it has received in principle approval from the Reserve Bank of India for two payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License. The two licenses will allow the global payments… Read More
Read more in: Fintech, Asia | Tagged digital payments, in-principle approval, india, nium, payment license, rbi, real-time payments, reserve bank of india
Geidea, which is reportedly known for its innovative solutions and market impact, announces its partnership with Fils, a firm focuse on simplified climate action, empowering businesses of all sizes to embed climate positivity into transactions using their API. Geidea’s collaboration with Fils “underlines its commitment… Read More
Read more in: Asia, Fintech | Tagged apis, climate action, digital technology, fils, geidea, nameer khan, sailesh malhotra, sustainability
Digital asset firm Gemini is pleased to announce the appointment of bas Head of Asia Pacific (APAC) at Gemini. Saad Ahmed will now be expected to “lead Gemini’s strategy and business development efforts in the region.” As noted in a blog post, Saad reportedly “joins… Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged apac, asia pacific, digital assets, gemini, new appointments
FundPark, a Hong Kong-based Fintech, has announced the completion of an asset-backed securitization facility amounting to up to $500 million. The arrangement was facilitated by Goldman Sachs, serving as the arranger and senior lender, marking a notable expansion of FundPark’s financial capabilities, according to the… Read More
Read more in: Fintech, Asia | Tagged Anson Suen, FundPark, goldman sachs, hong kong
Wise, the UK-based Fintech stealth bank that was formerly known as TransferWise, has officially expanded its operations into the Philippines with the launch of Wise Pilipinas. In a significant move to bolster its board, Wise Pilipinas has welcomed Isabel Ridad, founder of Monetize, as its… Read More
Read more in: Fintech, Asia | Tagged payments, Philippines, wise, Wise Pilipinas
Colt Technology Services, the digital infrastructure company, announced the successful completion of a three-month Proof of Concept utilizing Singapore Exchange (SGX Group)’s Derivatives data, showcasing how Market Data in the Cloud, Colt’s Multicast Raw Market data distribution service for Capital Markets, is “unlocking the full… Read More
Read more in: Asia, Fintech | Tagged capital markets, cloud, colt, colt technology services, sgx group, singapore, singapore exchange, southeast asia
OurCrowd, a global online investment platform catering to smaller (accredited) investors, has announced the launch of its Korea-Israel Venture fund – officially labeled NH-OC Global Open Innovation Fund. OurCrowd offers single-company investment opportunities as well as a growing list of sector funds along with its… Read More
Read more in: Asia, Featured Headlines, Global, Investment Platforms and Marketplaces, Offerings | Tagged israel, jon medved, nh-oc global open innovation, ourcrowd, south korea
The Securities and Exchange Commission (SEC) has filed charges against HyperFund and its principles alleging a $1.7 billion “Crypto Pyramid scheme.” Founders Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) were said to have promoted HyperFund which allegedly claimed guaranteed returns for… Read More
Read more in: Blockchain & Digital Assets, Asia, Politics, Legal & Regulation | Tagged brenda chunga, enforcement, fraud, Gurbir Grewal, hyperfund, sec, xue lee
© 2026 Crowded Media Group. All Rights Reserved.